PANews reported on May 24 that according to DL News, in the recruitment wave led by cryptocurrency exchanges Binance and Coinbase, the top ten exchanges have opened more than 1,200 positions, reflecting the industry's optimistic expectations for the future. Among them, Binance plans to fill 460 vacancies, mainly in the fields of compliance, user orientation and innovation. Coinbase lists 224 positions, ranging from legal compliance to financial accounting. OKX is recruiting 414 positions to enhance its financial, human resources and fraud risk departments. Crypto.com has posted 335 positions on its website, continuing to support the growth of its global market share. Bybit and Bitget are also actively recruiting, opening 69 and 106 positions respectively.

The hiring spree marks a recovery and strong growth in the industry after two years of layoffs. Since April 2022, 13,500 cryptocurrency industry employees have lost their jobs, but as the market picks up, hiring demand has quickly picked up.