Whether you spent your weekend exploring all that nature has to offer, or on your couch surrounded by empty pizza boxes (we’re not judging), we’ve got you covered with the latest crypto news stories you might have missed over the weekend.
Looking for a job in the blockchain or cryptocurrency industry? Well, you’re in luck. American-based employment-related search engine, Indeed, shared findings indicating a 26% increase in the share of cryptocurrency job postings per million on Indeed.com since 2018. Since 2015, the share of cryptocurrency jobs per million has risen a massive 1,457%. Indeed says it expects the number of jobs on offer to continue trending up through 2020, “even in the face of extreme price volatility and regulatory uncertainty of cryptocurrency.”
Conversely, the share of job searches per million fell by 53%. This means job hunters are currently spoilt for choice. With the number of blockchain university courses now out there, it’s definitely food for thought.
The top 15 hirers are (from first to last): Deloitte, IBM, Accenture, Cisco, Collins Aerospace, Ernst & Young, Coinbase, Overstock, Ripple, Verizon, Circle, Kraken, ConsenSys, JP Morgan Chase, and Signature Bank.
🤺 The battle for Bitmain
Micree Zhan, co-founder of Chinese mining hardware supplier company, Bitmain, who was ousted last week has returned with a vengeance along with a legal team in efforts to regain control of the company.
A portion of his letter he publicly published on WeChat was translated: “It was embarrassing that as a Bitmain co-founder, the biggest shareholder, and a registered legal representative, I got ousted without any knowledge in this coup while on a business trip.” Grab the popcorn, everyone.
🐂 Chinese state media’s bullish Bitcoin stance
China’s determination to invest in cryptocurrencies – financially and through education and awareness – shows no sign of slowing down. This morning, Twitter was abuzz with news of Bitcoin-specific headline from the official state-run publication, Xinhua. The paper has an audience of around 1.4 billion people.
Monday’s edition of Xinhua contained an article with the headline (roughly translated) “Bitcoin: The First Successful Application of Blockchain Technology.” Coindesk noted that “the Xinhua article is broadly positive and detailed in its coverage of Bitcoin and the history of its development and evolution.”
Chinese state newspaper today (Xinhua)
— Matthew Graham (@mg0314a) November 11, 2019
🚫 Cash restrictions in Malaysia look good for Bitcoin
The Malaysian government plans to impose restrictions on cash transactions as a part of efforts to combat money laundering. This is good news for Bitcoin, and crypto in general, as many may turn to these alternatives as ways of getting around the limitations.
Currently, Luno is the first cryptocurrency exchange with the Securities Commission’s full approval to operate as a Recognised Market Operator (Digital Asset Exchange) in Malaysia 😏