DAOs can become a disaster more quickly than you think

    Decentralized autonomous organizations suffer from a lack of oversight. Companies and founders should take that into account in their planning. As the decentralized finance (DeFi) ecosystem grows in size and influence, the question of how to best govern DeFi protocols has taken center stage. In crypto-native circles, decentralized autonomous organizations (DAOs) are far and away the most popular governance…

    New tax rules could mean a US exodus for crypto companies

    A change to R&D tax rules means that a tech company could lose more than $1 million — but still be on the hook for hundreds of thousands in taxes. The new R&D law has overly broad language that states “any and all” software development must be amortized over five years if the development took…