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The number one attribute to succeed in the crypto industry is a “start-up mentality” and the ability to “roll with the punches," a crypto recruiter tells Cointelegraph. The ongoing crypto winter has seen budgets and jobs slashed, but the search for top-tier talent hasn’t stopped across several Web3 verticals, according to some crypto recruitment firms. Speaking to Cointelegraph, Kevin Gibson, founder of crypto recruiting firm Proof of Search said that the majority of staff cuts in the crypto market have been from centralized exchanges , most notably the 18% staff cut at Coinbase in June, 10% cuts at Gemini in July, and the 5% cut at Crypto.com. Despite this, he said there is “still a great deal of demand” for crypto job seekers to get work with “Game-Fi, Metaverse, De-Fi and NFT-oriented companies.” Gibson explained that crypto job boards continue to be dominated by developer and engineer roles, adding there is also “a shortage of experienced CTO, CMO, and token experts.” Unfort...

Six U.S. senators have questioned the Securities and Exchange Commission (SEC) why its staff is quitting at a record pace. “Efforts to ram through hurried rulemaking without proper analysis, deliberation or consideration of downstream negative impacts is nothing short of regulatory malpractice,” the lawmakers told SEC Chair Gary Gensler. SEC Staff Leaving at Record Pace Six U.S. senators have reportedly sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, inquiring why the securities watchdog’s employees are quitting at a record rate. The private letter, dated Oct. 27, was signed by senators Thom Tillis (R-NC), Mike Crapo (R-ID), Tim Scott (R-SC), Michael Rounds (R-SD), Bill Hagerty (R-TN), and Steve Daines (R-MT), Reuters reported, noting that it has seen the letter. The Republican senators want the SEC to explain why its staff is leaving the agency at the highest pace in 10 years. The lawmakers referenced a public repo...

Disclaimer: The text below is an advertorial article that is not part of  Cryptonews.com  editorial content. If you follow the crypto industry, you probably heard about Solana’s (SOL) epic rise in 2021. Investors that got in at launch in 2020 could’ve cashed out nearly 44,000% gains at SOL’s peak in November 2021. Of course, we all dream of profits like this, and now there’s a new token that could see the same meteoric ascent .  That token is Metacade (MCADE), and in this article, we’re going to discover what could lead Metacade to become as successful as Solana. What is the Solana (SOL) Platform? Solana is a blockchain platform that uses smart contracts to provide a framework for others to build applications. It’s often compared to Ethereum as one of its main rivals, as their functions are pretty similar. Where Solana differentiates itself, however, is in its transaction speeds and fees. When Solana was first annou...

Join Our Telegram channel to stay up to date on breaking news coverage The CEO of the FTX cryptocurrency exchange, Sam Bankman-Fried, has said that he supports having knowledge tests and disclosures on derivatives trading platforms. This will ensure retail investors are protected. However, Bankman-Fried said that these conditions should not be specific to cryptocurrencies. FTX CEO supports knowledge tests on derivatives trading The FTX CEO shared his thoughts in response to an idea shared by a commissioner of the Commodity Futures Trading Commission (CFTC), Christy Goldsmith Romero. On October 15, Romero said that better consumer protection measures would be guaranteed if there is a “household retail investor” division for derivatives trading. Romero has also added that the crypto industry was paving the way for more retail traders to venture into derivatives markets . The commissioner has also called upon the CFTC to separate retail investors from high-networth ...

Join Our Telegram channel to stay up to date on breaking news coverage Axie Infinity was the most popular metaverse game by a long shot for months, but according to the recent game statistics from the website called Activeplayer, this appears to be changing. The project has recently had the lowest count of active monthly players in over a year and a half, currently back to January 2021 levels. The project saw its peak around January 2022, when it had 2.78 million active players in a single month. However, as the year progressed, the number of active players per month dropped, reaching 1.2 million in June of this year. Now, that number has dropped to 701,447 Why is Axie losing players? There are several potential reasons for the current state of things regarding Axie Infinity. Obviously, the crypto industry has been suffering massive price drop s for almost a year now, ever since crypto prices started crashing in November 2021. However, this is not the only reason, as the ga...

Source: Unsplash Ripple’s XRP token is in the spotlight again with a strengthening technical analysis outlook for the token. At the same time, investors are becoming more hopeful that a long legal battle with America’s financial regulator could soon end and, with XRP potentially skyrocketing as a result. From a longer-term technical Analysis standpoint, the XRP token now appears stronger than in a long time, despite falling prices on Monday and Tuesday this week. On the weekly chart , a clear uptrend has been established, after the token traded up strongly on September 22. The surprising price action has also led to important price levels being broken, with the token smashing through the $0.50 level on September 23. Naturally, the next major psychological level after that would be $1. XRP weekly chart. Source: TradingView Still, a rise to $1 – a key level many XRP holders are waiting for – means that the price would need to double in just one...