But the truth of the matter may appear in the coming weeks and months, especially with some digital currency companies heading to open the door for employment and appoint experts who increase the dose of confidence among investors, and push the wheel of digital assets to its previous era.
Here are some of the most prominent cryptocurrency companies that are still looking for employees despite the market downturn:
1. FTX platform
One crypto company that is still hiring is FTX.
FTX CEO Sam Bankman said that his platform will continue to hire new employees despite the crypto market crash, however, the company will be more “careful” not to be affected by market conditions.
2. Coin Mina
Among the crypto companies still hiring is Bahrain-based Queenmena.
After competitor platform Rain terminated the contracts of nearly 120 employees, the Queenmena manager has helped people affected by the company's decision and encourages them to apply for job vacancies in Queenmena.
3. Binance
Binance, the world's largest cryptocurrency exchange by volume, said it was indifferent to the market turmoil and was "raised hiring now" amid a hiring freeze at other digital asset firms. With 2,000 vacancies across Europe, Asia, South America, Africa and the Middle East, Binance aims to reassure users as well as hunt competitors' talent.
4. Kraken
With 500 jobs to fill in 2022, Kraken announced a global hiring push and reiterated its commitment to support the crypto-first culture. However, it wants to do a more strategic hiring process compared to other competitors. Believing that digital currency is a once-in-a-generation technology, the platform believes that bear markets are great for screening job applicants who are just looking for a quick buck from true believers in their goal.