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Blockchain

Coinpresso Completes Acquisition of Cryptrain

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Auckland, New Zealand–(Newsfile Corp. – June 1, 2022) – Earlier today, Coinpresso, a full stack crypto marketing agency, completed an acquisition and partnership agreement with Cryptrain. The agreement will see Coinpresso assume 20% control of Cryptrain, including its patent-protected AI, as the crypto marketers look to expand their expertise within blockchain to include blockchain development capabilities.

Coinpresso and Cryptrain launch partnership.

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The deal also sees Cryptrain funded with over $250,000 USD in immediate marketing support, plus a new enterprise website build. The website went live at the time of the acquisition announcement, and the 17,000-strong blockchain developer talent pool went live to hiring managers and projects alike.

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What is Cryptrain?

Cryptrain is an AI-powered blockchain recruitment agency that looks to empower cryptocurrency projects with granular-level recruitment capability when hiring Web3 developers.

The hiring model created by Cryptrain combines some elements of traditional recruitment including soft skills & interpersonal skills assessments, whilst providing blockchain projects a developer-like insight into the respective candidates’ capabilities.

A typical interview situation can lead to a candidate to overpromising on their skillset, due to the desire to get the job. Cryptrain uses AI to measure the developers coding snippets and Github samples – to create a 360-degree perspective on the competency of a developer. From technical capabilities with Solidity and Rust, to merely how they are as people and whether the person is a good fit – Cryptrain provides the answers.

“We are ecstatic to have Coinpresso on board as shareholders. Their expertise in the crypto marketing vertical is undeniable, and they are truly what Cryptrain needs to become pioneers in blockchain developer recruitment.”

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Bernard Leong

Founder – Cryptrain

New Website and Brand Identity Goes Live

The Cryptrain AI is now accessible on desktop and mobile at Cryptrain.com. Developers can simply join the talent pool and upload their coding samples, resumes and background details.

Blockchain companies can submit for a consultation regarding required hires. Cryptrain then take the job description and required developer competencies – and have the AI cross reference the specifications of the job to the existing talent pool. The best-case scenario then identifies an existing developer within the Cryptrain pool, however in the event a match isn’t found – the team goes about a headhunting-style search to find the right developer. The AI is then used to screen any applicants for the role, with levels of proficiency from Junior to Senior made apparent on a code-by-code basis.

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Next Up for Cryptrain and Coinpresso

The platform launch marks the start of the go-to-market strategy for Cryptrain. Coinpresso as partners and shareholders, will now move focus to building the talent pool and increasing the number of vacancies on the platform.

“Cryptrain provides a genuine countermeasure to being rugged by shady developers. The number of projects that are seeing liquidity pulled and funds cashed out by bad actors is creating a bad stain on the crypto space. Project owners will now be fully equipped when hiring developers, and Coinpresso are thrilled to be a part of this journey.”

Liam Quinlan-Stamp

CEO – Coinpresso

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Blockchain companies that are hiring developers are invited to post a free job vacancy on Cryptrain, with varying levels of screening and AI-driven services on offer.

Media Contact:

Liam Quinlan-Stamp
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/126228

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Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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