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 –...
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...
Though cutting-edge and revolutionary, the world of NFTs is becoming more difficult to navigate as tax agencies around the globe pay closer attention. A recent taxpayer case involving Waylon Wilcox is a relevant and sobering reminder of the high stakes of precise crypto tax reporting. Wilcox, an NFT art dealer,...
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...
As the cryptocurrency landscape continues to grow and change, it is important for both current and prospective users to stay informed. This article will explore Crypto.com's security measures, past incidents, regulatory scrutiny, and user experiences to help you make informed decisions in 2025.Crypto.com has emerged as a significant player in...
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...
Zora, a prominent NFT marketplace protocol supported by Coinbase Ventures and Paradigm, has officially announced its Token Generation Event (TGE) and corresponding airdrop, scheduled for April 23, 2025. This reverse auction is a significant step for the platform. It’s since become a leader in creator-empowerment through decentralized NFT minting and...
As with any potential crypto airdrop, the hype is always palpable — Zora is no different. At BlockTraderHub.com, we’re your new headquarters for crypto trading savvy. Today, we are exploring the Zora airdrop rumors, looking into eligibility and crafting a plan to be prepared for future occurrences! And remember, what...
The world of cryptocurrency and blockchain technology is still in its infancy, with new and exciting use cases developing all the time. BlockTraderHub.com stays on top of these trends. Perhaps the most notable advancement is the adoption of Non-Fungible Tokens (NFTs). They allow anyone to purchase and govern real-world assets...