🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Huobi Exchange to Empower Women in Crypto, Says Justin Sun

Published 12/30/2022, 12:00 PM
Updated 12/30/2022, 01:30 PM
Huobi Exchange to Empower Women in Crypto, Says Justin Sun
LTC/USD
-
AVAX/USD
-
LUNAt/USD
-
SHIB/USD
-
SOL/USD
-

One of the most prominent figures in the crypto world, H.E. Justin Sun, announced that Huobi Global would focus on bringing balance and diversity to the workplace. To achieve this, the Seychelles-based crypto platform will level out the staff by hiring more female crypto talent.

.tweet-container,.twitter-tweet.twitter-tweet-rendered,blockquote.twitter-tweet{min-height:261px}.tweet-container{position:relative}blockquote.twitter-tweet{display:flex;max-width:550px;margin-top:10px;margin-bottom:10px}blockquote.twitter-tweet p{font:20px -apple-system,BlinkMacSystemFont,"Segoe UI",Roboto,Helvetica,Arial,sans-serif}.tweet-container div:first-child{ position:absolute!Important }.tweet-container div:last-child{ position:relative!Important }

All Corners of Society in Crypto

Justin Sun, the Tron (TRX) founder, also disclosed that the Huobi Global crypto exchange had initiated the “Huobi First Lady” program. The first edition of this social campaign on Huobi will see the election of The Super Fire Sisters Group. Besides, users who are registered and verified on the Huobi crypto platform will be able to cast their votes and see live broadcasts of presentations by fresh crypto talents.

For the crypto industry, this hiring model can help reflect the diversity that cryptos and blockchain technology offer. Furthermore, the Chinese crypto entrepreneur emphasized, “Having a diverse team brings a range of perspectives and ideas to the table, which is essential for innovation and growth.”

Sun’s TRON Rises and Shines Amid Crypto Winter

While 2022 was a downward slope for most alternative cryptocurrencies, Justin Sun’s Tron (TRX) got struck by the crypto thunder more lightly than most competing altcoins. To illustrate, TRX only lost 29.6% of its value since a year ago, while neighbors in the crypto charts OG altcoin Litecoin (LTC) and two-year-old memecoin Shiba Inu (SHIB) lost 53% and 76% of their 2021 market prices, respectively.

At press time, the 12th-ranked TRX trades at $0.054188, according to CoinGecko. Signifying a slight 2.9% deficit in the last seven days, Tron’s survival kit during this bear market seems to be in good shape, as the altcoin even managed to record 1.2% monthly gains during the ongoing volatility.

On the Flipside

  • Crypto analyst Colin Wu reported that Justin Sun’s Huobi Global crypto platform would cancel all year-end bonuses.
  • On top of that, Justin Sun is planning to halve the exchange’s staff numbers to just 600-800, down from the current 1,200 employees.

Why You Should Care

At present, the crypto sector is primarily male-dominated. Hiring more female crypto talent to even the score aligns well with crypto values, as the technology aims to weaken the difference between social classes.

Check out what’s going on in the mercurial world of altcoins:

Solana (SOL) Slides Further as Avalanche (AVAX) Tops SOL By Market Cap

Binance Makes Changes to its Terra Classic (LUNC) Burn Mechanism, LUNC Plunges

See original on DailyCoin

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.