Taxing cryptocurrencies just picked up serious momentum, with potentially serious ramifications for DeFi. The U.S. Senate’s $1 trillion infrastructure package now under consideration includes a provision that would tax transactions involving Bitcoin and its ilk to raise around $28 billion in funding. That means swapping
Gitcoin has been funding open source projects for a more decentralized web since 2017 and now it’s decentralizing itself. Yesterday the Ethereum-focused startup announced it will be now governed by a DAO and holders of its new token, GTC. The first step in this gradual
Ampleforth, the rebasing token which aims to create a currency with stable purchasing power by programmatically managing supply, has launched its FORTH governance token. Anyone who has interacted with AMPL, the stable token, can claim FORTH tokens. The token, which was listed on Coinbase Pro
DEX aggregator 1inch surprised DeFi users with a holiday treat with the release of the 1INCH governance token on Christmas Eve. 1INCH features a total supply of 1.5B tokens, which unlocks every 6 months over the course of the next 4 years. Tokens were airdropped
Tornado Cash presented a governance proposal to incentivize use of the Ethereum-based privacy tool via a new token called TORN. Tornado Cash allows users to deposit a fixed amount of supported assets (ETH, USDC, DAI) and “wash it” through an anonymity pool. That deposited value
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The Defiant's Definitive Guide to DeFi
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This guide is meant to be a one-stop-shop to get started. These are all the DeFi basics you will need to start exploring the internet of money.