UK New DeFi Tax Push Brings DeFi Apps Like Best Wallet Token Into the Spotlight
Quick Facts: ➡️ The UK’s move toward ‘no gain, no loss’ taxation for DeFi lending and liquidity pools could normalize on‑chain yield strategies and reduce tax‑driven user friction. ➡️ As DeFi stops feeling like a tax minefield, demand is likely to tilt from centralized custodians toward secure, mobile‑first, non‑custodial wallets that double as DeFi control […]
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The IRS’ DeFi rule (which proposed stricter tax reporting for DeFI transactions) is set to be repealed, following a 70-28 motion vote by the US Senate. Now on the desk of President Donald Trump, the resolution is widely expected to be signed. And it’s a move welcomed by cryptos, like the Best Wallet Token, and […]
Yearn.Finance (YFI) is one of the most talked-about cryptocurrencies of 2020, both due to its scarce 30,000 token supply and its miraculous price increase to more than 1 BTC in value. However, the DeFi token could fall to $15,000 or deeper if Bitcoin brings down the rest of the crypto market. Yearn.Finance, Other DeFi Tokens […]
Coinbase has hinted towards decentralized finance (DeFi) apps integration on its platform. The crypto exchange had previously made its interest in the space known and has provided support for various DeFi protocol tokens in the past. However, this would be the first time that the exchange is definitely looking into bringing decentralized finance services to […]
Quick Facts: ➡️ Crypto users increasingly rely on wallets for payments, trading, and DeFi, but most existing options remain clunky, fragmented, and poorly optimized for mobile. ➡️ Established wallet products often sacrifice either security or usability, leaving a wide gap for integrated, non-custodial, mobile-first experiences that feel like modern fintech apps. ➡️ Best Wallet aims […]
The booming DeFi sector is driving up MetaMask’s user base, with the popular Ethereum wallet report now reporting more than one million active monthly users MetaMask, the Ethereum (ETH) browser wallet developed by ConsenSys, has surpassed one million monthly active users for the first time.The milestone comes roughly seven months after the wallet first surpassed one million users in total, suggesting the parabolic rise of decentralized finance (DeFi) in 2020 has driven the surge in MetaMask’s user base.In an announcement, MetaMask notes top DeFi protocols Uniswap, Yearn Finance, Curve,....