Honest, plain-English explainers

The OECD Crypto-Asset Reporting Framework requires exchanges/platforms to report user crypto activity to tax authorities. UK users should expect their on-chain activity to be increasingly visible to HMRC.

You may owe Capital Gains Tax on disposals (selling, swapping, spending). There's an annual exempt amount, and rates depend on your income band. Keep records of cost and proceeds in GBP.

A backtest that only looks good in one window is usually luck. Honest testing uses out-of-sample walk-forward and corrects for how many ideas were tried (multiple-testing).

When a token is backed by another token backed by another (staking → restaking → bridged), a failure deep in the chain can cascade. 'Depth' measures how many layers of risk you're really holding.