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Spat Out by Crypto, Tech Staff Find They Are in High Demand

  • Despite crypto downturn, finance industry is keen for skills
  • Banks aiming to add expertise to their blockchain projects

No sooner had the 32-year-old developer joined Coinbase Global Inc. than he was on his way out.

The developer, who asked not to be identified talking about his workplaces, joined the largest cryptocurrency exchange in the US last year from a tech giant. He was lured by a base salary of $175,000 and a generous stock option package. Back then, the crypto markets were riding high.