NFT & DEFI

Crypto traders are converting worthless NFTs into tax breaks. They’re using a service started just for that purpose. Others are taking advantage of IRS tax loopholes for tax breaks on their losses from BTC, ETH, and…
Read More...

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.For DeFi, the last week of 2022 saw another slew of…
Read More...

Ethereum founder Vitalik Buterin showed sympathy for competitor Solana (SOL) in a Dec. 30 tweet. He said that “smart people” tell him that Solana has “an earnest smart developer community,” and suggested that the opportunists who were…
Read More...

The cryptocurrency platform Midas Investments disabled deposits and swaps due to severe financial losses caused by Celsius’ bankruptcy and FTX’s fiasco. CEO Iakov Levin said the organization will aim to focus on a new…
Read More...

On December 28, NFT artist Lucréce reported via Twitter that he is in talks with Arthur Breitman, co-founder of Tezos, to get an explanation from Manchester United soccer about why its new NFT collection uses designs and…
Read More...

Nonfungible token (NFT) firm Dust Labs is migrating its two top-performing Solana NFT projects — DeGods and y00ts — onto Ethereum and Polygon in a bid to expand their adoption. The news was announced on DeGods and y00ts Twitter pages on…
Read More...

The Bitkeep exploit that occurred on Dec. 26 used phishing sites to fool users into downloading fake wallets, according to a report by blockchain analytics provider OKLink.The report stated that the attacker set up several fake Bitkeep…
Read More...

The popular DEX aggregator announced the launch of Fusion, which focuses on the 1inch Swap Engine and aims to enhance user experience with DeFi swaps. The team behind the project promised to deliver “almost limitless”…
Read More...

A recent report published by blockchain analytics firm Dune revealed that nearly 60% of non-fungible token (NFT) trading volumes this year were wash trades. Wash trading is a form of market manipulation in which a trader…
Read More...

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Uniswap, one of the leading decentralized exchange…
Read More...