No matter how decentralized the web3 space is, HMRC pays a lot of attention to transactions happening in the world of DeFi. That is why, as a user of such apps as Aave, Uniswap, or GMX, you still need to
After the harsh and challenging year of 2022, we are all heading into the next 12 months with the hope of (at least a slightly) more positive outlook for the web3 market. What kind of projects are most likely to
If you are reading this, you have probably heard the term or even used wrapped tokens. But what exactly are they? How do they work? And are they secure? In this article, we will answer all these questions and more.
On the surface, a crypto market works like other financial markets. There are buyers, sellers, and an intermediary platform where the trading occurs. But the crypto market is versatile; there are many ways crypto moves and many moving parts. Today
Traditional financial systems have many flaws. Centralized control, lack of transparency, limited access, and a general opacity – all these features seem immanent to modern banking and make us look for valuable alternatives. So-called DeFi (Decentralized Finance), along with various
Crypto enthusiasts love airdrops. They often give the impression of free money and enable web3 users to quickly capitalize on being an early adopter of a particular project. However, are they really “free”? UK’s tax authorities have a rigorous view
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