Waylon Wilcox, an NFT speculator, recently pleaded guilty to evading millions in taxes on his CryptoPunk gains. Big deal, right? Wrong. And this isn’t even all of it, it’s not just a one dude and his pixilated avatars story. It’s a flashing red light in an early warning system –...
This CryptoPunk tax case? It isn’t simply a one-off done poorly by some flunky. It's a seismic event for the entire NFT landscape, and honestly, it's exactly what we needed. Alas for Waylon Wilcox, the IRS does not allow you to simply pretend your $13 million in CryptoPunk profit went...
Look, I get it. The crypto world has been a rollercoaster. Instead, headlines scream about more bankruptcies, nagging regulatory crackdowns and of course the volatility that has been a constant specter. So, why am I still so bullish on Crypto.com? So why, even with these storm clouds on the horizon,...
The SEC also recently issued a Wells notice to Crypto.com. This enforcement against one exchange is meant to serve as a warning to all of crypto—that’s the point. Have we reached a tipping point toward grown-up regulation? A high bar for regulation or is this instead a dangerous hurdle to...
BexBack. It’s a name that’s been flying under the radar in crypto circles, and with good reason. In a world that had become obsessed with regulation and KYC, they took an audacious step in the opposite direction. From the gamblers’ perspective, they offer 100x leverage on Bitcoin and other cryptos...
I think about my uncle, a really talented and diligent carpenter who was eternally scheming his way out of the 9-to-5 hustle. He saw crypto as his ticket out. Then, he discovered leverage. He gambled his entire life’s savings on a platform that was offering 100x leverage, seduced by the...
The air crackles with anticipation. Zora’s $ZORA token has just launched, and the NFT space is on the edge of their seats. We are told it will be dawn of a new age for creators, a decentralized utopia constructed on top of the blockchain. Let's be honest with ourselves: is...
The air crackles with anticipation. Another day, another airdrop. Zora is creating ripples in the NFT marketplace. Supported by the likes of Coinbase Ventures and Paradigm, it’s releasing its own $ZORA token! The promise? Creator empowerment. First, let’s pump the brakes for a moment. Are we truly experiencing a revolution?...
Forget yachts and Lambos. Long term, an investment in a stake in one of the nuclear bunkers might be THE status symbol. Now picture all that powered by the magic of NFTs! Sounds crazy? Maybe. The Dead Bruv project hopes to acquire an abandoned Cold War bunker in England. This...
So, another NFT project. This time though, it’s not pixelated punks or algorithmically generated apes. It's a nuclear bunker. Out in Rutland, England, there’s a genuine Cold War relic. Dead Bruv (Meatbags) has been looking at it, just waiting to spend their 100,000 digital tokens. And they want to make...