article thumbnail

The US is losing crypto talent as blockchain devs seek safer havens

TechCrunch

But it seems now the United States is the one seeing talent fleeing to other parts of the world, at least as far as blockchain developers are concerned. The number of blockchain developers in the U.S. has declined every year since 2017, according to a recent report by Electric Capital. According to the report, the U.S.’

article thumbnail

Using the blockchain to enhance KYC processes for web3 businesses

TechCrunch

There’s no way for blockchain-based businesses, financial service providers or banks to bypass Know Your Customer (KYC) processes. With the advent of blockchain technologies, companies are realizing that there are better, more efficient KYC solutions that let them avoid having to collect and store personal information.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Adam Neumann’s blockchain-based redemption story now sponsored by a16z

TechCrunch

In a classic “pivot to crypto to reinvent yourself” moment, controversial WeWork founder Adam Neumann recently launched a startup, Flowcarbon , to sell tokenized carbon credits on the blockchain. Projects like Toucan , Regen , Moss and KlimaDAO are all working on crypto-based carbon credit solutions.

article thumbnail

Blockchain gaming unfazed by crypto volatility as gamers ‘seek out entertainment’

TechCrunch

People have a tendency to couple crypto markets with blockchain games and content, but actually it’s only as appropriate as linking tech stocks on Nasdaq with the businesses of tech companies. The current market environment is funny,” Robby Yung, CEO of Animoca Brands , said to TechCrunch. In May, over 1.15

article thumbnail

Blockchain infra startup Tenderly raises $40M after seeing 500% YoY revenue growth

TechCrunch

Tenderly, a startup that aims to make it easier for web3 developers “of all skill sets” to build blockchain products, has raised $40 million in a Series B round of funding – just months after closing on its Series A. Earlier this month, TechCrunch also reported on Alchemy raising a $200 million extension to its Series C at a valuation of $10.2

article thumbnail

Sequoia backs blockchain scaling startup StarkWare at $2 billion valuation

TechCrunch

To speed and cheapen transactions on Ethereum, developers are looking toward so-called Layer-2 (L2) blockchains, which build on the Ethereum network, offloading the computational stresses while still writing transaction data to the main network. This latest raise values the Israeli startup at a whopping $2 billion. billion fund.

article thumbnail

Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions

TechCrunch

The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. Project Ubin, the Singaporean money authority’s blockchain initiative, moves closer to commercialization.