CryptoPunks, one of the earliest and most iconic collections of non-fungible tokens (NFTs). As with other speculative arts markets, since the NFT market peaked in the spring of 2021, its value has fallen by over 90%. Featuring 10,000 unique pixel-art characters on the Ethereum blockchain, CryptoPunks once commanded premium prices,...
Tokens from Binance’s second Vote to Delist batch catching everybody off guard. Even amidst the market’s atypical tendencies, they are on track to set records this cycle, climbing to incredible heights. Clearly, being added to Binance’s so-called ‘blacklist’ does not spell instant disaster for a digital asset. Some projects including...
Transaction fees on the Ethereum and Bitcoin networks have tanked, falling well below levels reached after prior spikes. This historic 66% cut delivers much needed cost relief for users. Until now, they faced unbearable transaction costs whenever they tried to operate on these rapidly-adopted blockchains. A handful of reasons led...
On April 9, 2025, a Dillsburg man, Scott A. Smith, pled guilty in federal court. He pled guilty to the willful filing of false individual income tax returns for the tax years 2021 and 2022. Special Agent Waylon Wilcox, Middle District of Pennsylvania. He pleaded guilty to hiding tens of...
A Pennsylvania preparer was sentenced to 6 years in prison after pleading guilty for preparing false tax returns. Waylon Wilcox, prosecutors allege, hid more than $12.3 million in CryptoPunk non-fungible token (NFT) sale proceeds as taxable income. Wilcox has been charged with intentionally underreporting his income and using fraudulent tactics...
Ethereum’s lead was even more formidable at least until recently. Now, rattled by frequent leadership transitions, cratering market performance, and increasing competition, the Agency is beset on all sides. Despite turbulence, Ethereum is the second most popular blockchain after Bitcoin. It is under siege to its dominance by the equally...
One of the largest sellers of CryptoPunk NFTs has just pleaded guilty to tax evasion. This is an important precedent first for matters in the newly minted and fast-paced digital asset world. Thomas Carter Wilcox hid more than $13 million in income. Those earnings all came from the sale of...
Blockchain Monad, a rising star in the blockchain space, is accelerating quickly, especially in the Non-Fungible Token (NFT) sphere. The platform recently launched its own testnet, which has seen phenomenal growth, attracting over a million wallets. Alongside it, NFT has inspired a dynamic culture of builders, collectors, and artists. Monad,...
A CryptoPunk non-fungible token (NFT) recently sold for such a loss at $10 million. This dramatic sale further highlights the volatile nature of the digital asset market. The NFT market has been in a steady downward spiral since its height in 2021. This incident is a particularly harsh reminder of...
The non-fungible token (NFT) market has crashed, with two-thirds of marketplaces’ transactions denominated in Ethereum dropping below $20. Formerly treasured CryptoPunk NFTs are now hitting the market at 99% off. NFTs that once sold for more than $1 million dollars can now be picked up for as low as $65,000....
