0%

The DeFi Drop Volume 38

May 20, 2022 2 min read
News Article Banner Image

Lido, one of the space’s premier platforms for staking ETH and other assets, rushed to provide liquidity incentives to keep one of their products stETH (a token that represents a staked ETH position) pegged to the price of ETH. The stETH-ETH pool is the biggest LP on Curve. ( DeFiant)

The popular music duo The Chainsmokers released their new album “So Far So Good,” which will include a drop of 5,000 NFTs that will let fans share in 1% of the royalties. ( DeCrypt)

Germany’s federal finance ministry (BMF) issued the country’s first guidance on the income tax treatment of cryptocurrencies, as well as other blockchain-based tokens. The sale of acquired cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) is now tax-free for individuals after one year of owning the assets, Parliamentary State Secretary Katja Hessel said in a statement. Moreover, the new guidance also applies to digital assets used in staking or lending protocols. ( DeCrypt)

Brazil’s NuBank just put 1% of its funds into bitcoin. Notably, Warren Buffet, who has historically criticized cryptocurrency, is an investor in NuBank. ( UOL)

A viral TikTok song by two ladies singing about crypto and DeFi has been making  the rounds across social media, and it’s no secret why: it’s a bop. ( TikTok)

The post appeared first on Bittrex.com - The Next Generation Crypto-Currency Exchange.

Popular news

How to Set Up and Use Trust Wallet for Binance Smart Chain
#Bitcoin#Bitcoins#Config+2 more tags

How to Set Up and Use Trust Wallet for Binance Smart Chain

Your Essential Guide To Binance Leveraged Tokens

Your Essential Guide To Binance Leveraged Tokens

How to Sell Your Bitcoin Into Cash on Binance (2021 Update)
#Subscriptions

How to Sell Your Bitcoin Into Cash on Binance (2021 Update)

What is Grid Trading? (A Crypto-Futures Guide)

What is Grid Trading? (A Crypto-Futures Guide)

Start trading with Cryptohopper for free!

Free to use - no credit card required

Let's get started
Cryptohopper appCryptohopper app

Disclaimer: Cryptohopper is not a regulated entity. Cryptocurrency bot trading involves substantial risks, and past performance is not indicative of future results. The profits shown in product screenshots are for illustrative purposes and may be exaggerated. Only engage in bot trading if you possess sufficient knowledge or seek guidance from a qualified financial advisor. Under no circumstances shall Cryptohopper accept any liability to any person or entity for (a) any loss or damage, in whole or in part, caused by, arising out of, or in connection with transactions involving our software or (b) any direct, indirect, special, consequential, or incidental damages. Please note that the content available on the Cryptohopper social trading platform is generated by members of the Cryptohopper community and does not constitute advice or recommendations from Cryptohopper or on its behalf. Profits shown on the Markteplace are not indicative of future results. By using Cryptohopper's services, you acknowledge and accept the inherent risks involved in cryptocurrency trading and agree to hold Cryptohopper harmless from any liabilities or losses incurred. It is essential to review and understand our Terms of Service and Risk Disclosure Policy before using our software or engaging in any trading activities. Please consult legal and financial professionals for personalized advice based on your specific circumstances.

©2017 - 2024 Copyright by Cryptohopper™ - All rights reserved.