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Kraken Looking Forward to Increase Job Force Despite Market Down

Vandana Malik by Vandana Malik - 03:49 PM Mar 28, 2020
Kraken Looking Forward to Increase Job Force Despite Market Down

The world economy is going through a very bad phase currently with high levels of unemployment. Recently, to revive the world economy, trillions of dollars have been injected in the market by different governments around the globe. Meanwhile, blockchain doesn’t seem to have any effect on it due to the market crash. Recently, Kraken, which is the leading crypto exchange in the U.S. is looking forward to increasing its job force by 10 per cent.

Kraken to add 67 hires to the company

As per the recent reports it came out that Kraken is all set to increase its job force indicates that the recent market crash in the crypto market did not affect Kraken. Currently, there are a total of 800 members of the team who are working regularly. Despite this, the exchange has decided to recruit 67 more to the team in the coming few weeks. The company is now focusing on the professionals who are skilled in liberal arts.

As recorded in December 2019, there were over 114.5 per million jobs related to the blockchain on a single job portal. This number has increased by 3% in February 2020 as it goes above 118.4 per million jobs on that same portal. Through this, it came out that coronavirus doesn’t seem to have its effect on blockchain jobs.

Bitcoin, the only vaccine to money disease 

Even during the time of global recession, the bitcoin industry seems to be very enthusiastic and optimistic. Jihan Wu, the founder of Bitman has said in an interview that he is quite optimistic towards the crypto market.

Tyler Winklevoss, co-founder of another crypto exchange named Gemini has portrayed bitcoin as the only vaccine to cure all money diseases. He tweeted that bitcoin is there to give the world immunity to deal with the money printing disease that is going on in the market.

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About The Author
Vandana Malik

Vandana MalikI have received my Master of Arts degree in English from GEHU, Dehradun. Currently working as a content writer with Agio Support Solutions and earlier worked as a news editor at Business News and Information Services Private Limited. An enthusiastic content writer, aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing my own knowledge as well.

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