The cryptocurrency market experienced a significant downturn in the first quarter of 2025, with the total market capitalization dropping by -18.6% to $2.8 trillion. Bitcoin’s dominance almost hit 59.1%. Its price, though, fell 11.8% to end at $82,514 although it hit an all-time high of $106,182 in January. Ethereum’s market...
OpenSea has now made the official announcement that Solana NFTs will be returning to the world’s largest NFT marketplace in the coming weeks. This news comes on the heels of OpenSea adding Solana token trading. It’s the most recent step in the platform’s continued evolution to deliver a truly seamless,...
Polygon has shaken up the NFT scene by surpassing Ethereum with a collateral-backed collection of NFTs. Their Courtyard collection, with physical cards backing the NFTs, has brought in enormous sales volume, eclipsing nearly every other NFT project. This story underscores the growing significance of Real-World Asset (RWA) NFTs to the...
Mask Network, a decentralized social media platform that connects to Twitter and Facebook, was founded in 2018 by Suji Yan. Most recently, it raised a $5 million investment from DWF Labs. Immediately after the partnership was announced, the price of MASK shot up by nearly 130%. It then rocketed up...
Milady ($LADYS) is an ERC-20 token directly tied to the Milady Maker NFT brand. It has rapidly achieved a critical mass as a distinctive player in the cryptocurrency market. Milady has deeply rooted itself in NFT culture and really tapped into the power of memes. It has done this uniquely...
TRUMP token holders are bracing for the upcoming TRUMP token downturn with the first vesting unlock having gone live on April 18. The unlock put 40 million tokens into circulation at a 90x market cap discount from its all-time-high. This means that Fight Fight Fight LLC—a business affiliated with and...
In March 2022, a Pennsylvania man pleaded guilty to evading federal taxes. He failed to disclose over $13 million in income from the sale of almost 100 CryptoPunk NFTs. Waylon Wilcox, a 45-year-old of Avery, Idaho, was sentenced to a maximum of six years in prison for his tax-related offenses....
A Pennsylvania man is on his way to prison after pleading guilty to hiding over $13 million in income. He accumulated this fortune by flipping CryptoPunks non-fungible tokens (NFTs). For example, Waylon Wilcox, who sold 97 CryptoPunks in 2021 and 2022 and failed to report that income to the IRS....
Pixels has jumped to the front of Axie Infinity in the hierarchy on the Ronin blockchain. This transition is an important turning point for the blockchain gaming space. Pixels has still been on an impressive upward trajectory, particularly following its new foray into NFT trading. Yet questions about the initiative’s...
An NFT trader just found himself facing prison time after pleading guilty to evading almost $13 million in taxes. This tax evasion is based on profits realized from the trading of CryptoPunk NFTs. Waylon Wilcox, the trader incognito, purchased and sold 97 items from the CryptoPunk NFT collection. Now he’s...