The founder of dYdZX argued that early-stage crypto projects can scale faster by not serving U.S. customers, as they won’t have to deal with the hassles of the U.S. regulatory climate. Antonio Juliano, the founder of decentralized exchange dYdX thinks that crypto builders should forget about serving customers in the U.S. over the next five to 10…
303 ViewsDecentralized physical infrastructure is offering the most real-world implementations for blockchain technology to date. The advent of blockchain technology has revolutionized several industries, ranging from finance (DeFi) and gaming (GameFi) to Web2 brands such as Nike for digital fashion and Starbucks for Web3 customer loyalty. However, one area that has remained essentially unchanged is physical infrastructure. Traditionally, the deployment…
322 ViewsA 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…
323 ViewsThe new funds will be used to increase headcount and expand the cross-chain messaging protocol’s presence in the Asia-Pacific region. Cross-chain messaging protocol developer LayerZero Labs has raised another $120 million, according to an April 4 announcement. The company plans to use the capital to increase its headcount and expand its reach into the Asia-Pacific…
293 ViewsAn examination of eight key data points determined London to sport the highest crypto readiness to entice businesses and start-ups. Along with pro-crypto regulations, mainstream adoption of cryptocurrencies requires a supporting infrastructure that can allow the general public access and exposure to the ecosystem. When considering eight key indicators around taxes, ATMs, jobs and events…
380 ViewsIt is understood the crypto software company will enable crypto traders to create algorithmic-based strategies to access different markets. SkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US. Scaramucci told Bloomberg in an email that he would be investing his own personal funds to support ex-FTX US…
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