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Plunge in crypto sets stage for Facebook and other tech giants to hire blockchain experts

From cnbc.com

The drop in cryptocurrency prices is meaning job losses for some, but it may carve out an ideal hiring opportunity for tech giants. Some blockchain start-ups, regardless of having talented teams of engineers, haven't been able to prove a use case and are struggling to fund operations as the price of cryptocurrencies nosedives. Employees are slowly becoming free agents, which is good news for companies like Facebook. The social media giant recently scooped up employees from start-up Chainspace, according to a report by Cheddar. Facebook confirmed to CNBC that it had hired a handful of employees but said it did not buy ... (full story)

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  • Category: Fundamental Analysis