Tech students 'dodge' crypto companies

 Ashutosh Ukey, a recent graduate of the University of Illinois at Urbana-Champaign, was excited

However, Coinbase later canceled the invitation to Ukey and hundreds of others, in addition to laying off more than 1,100 employees. He felt uncomfortable and even began to have an aversion to working in the crypto industry.

“There is a lot of potential to work in the crypto space, but I recognize them as equally challenging,” said Ukey. "In the short term, I don't want to get into the crypto environment because it's a lot less stable than other major tech sectors and industries."

Not only Ukey, many recent and recent graduates in the US, such as at the University of California at Los Angeles (UCLA), the University of Texas at Austin, the University of California at Berkeley... all expressed concerns about joining. join the ranks of technologists specializing in crypto since they receive offers from blockchain startups.

Just a few months ago, blockchain startups, cryptocurrencies, Web3... seemed to be the top destinations for American technology students. And now, the plummeting cryptocurrency market makes businesses fall into difficulties quickly and are forced to reduce spending.

Ryan Riahi, who graduated from UCLA late last year, went through a series of Coinbase interviews and challenges to get hired for the company. He even ignored the tempting offer from Meta. "For me, Coinbase is the leading company, but now maybe I don't think that way," Riahi said. He continued to be invited to work by Binance US but immediately declined.
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