UK Tax Authority Proposes Changes to Treatment of DeFi Lending, Staking
The proposed framework, now open for public consultation, will also apply to crypto lending and staking through intermediaries, the authority said.
DeFi
Veteran Crypto Reporter Brady Dale Discusses New FTX Book
The former CoinDesker has written an account of Sam Bankman-Fried’s downfall, and longevity of decentralized finance (DeFi).
Arbitrum Completes Distribution of $120M Airdrop
Not everyone is aiming for community growth and market capture with the ARB stimulus.
DeFi Protocol Thetanuts Finance Raises $17M for Expansion, New Partnerships
The startup offers multi-chain structured financial products with plans for a buy-side altcoin options market.
Wrapped Bitcoin Token Goes Live on Cardano Testnet
The anetaBTC project aims to attract bitcoin liquidity to the Cardano ecosystem.
DeFi-Focused Layer 1 Berachain Raises $42M Series A at $420.69M Valuation
The round was led by Polychain Capital and included participation from venture capital firms Hack VC, dao5, Tribe Capital, Shima Capital and Robot Ventures.
Crypto Protocol Fetch.ai Offering AI Trading Tools for Decentralized Exchanges
Fetch.ai’s aim is to facilitate peer-to-peer trading between DeFi users using AI-powered software “agents.”
What DeFi Must Sacrifice to Appease Regulators
The “internet financial system” is a pro-compliance, but pro-privacy framework to build crypto protocols which satisfy regulators and consumers.
Bitcoin, Ether See Bull Breather as Higher Bond Yields Support Dollar
We would consider taking some profits as the crypto market is showing exuberant signs.
Kyber Network Advises Liquidity Providers to Withdraw Funds Amid Vulnerability, Token Drops 2%
Decentralized finance (DeFi) protocol Kyber Network has advised liquidity providers on its Elastic product to withdraw funds after finding a potential vulnerability, it said in a tweet.