Even OpenSea, the most popular Ethereum NFT marketplace has expanded onto Solana support. Now, if you’re one of the eligible users in the OS2 closed beta program, you can buy & sell Solana-based tokens. This encompasses the trendiest of memecoins, such as Fartcoin (FARTCOIN) and Dogwifhat (WIF). This integration is...
The numbers don't lie. Polygon crushed Ethereum in weekly NFT sales, with Polygon reaching $22.3 million. This isn’t merely an opportunity to pat themselves on the back. It’s a fundamental change, paving the path in real-time toward the future of crypto. To be honest, if you’re sleeping at the wheel...
Polygon taking the NFT sales crown from Ethereum for a week? C’mon, let’s face it, that’s a click bait-y headline to end all click bait-y headlines. 22.3 million vs. 19.2 million – a David and Goliath moment in the crypto world. But before we name Polygon king, let’s examine a...
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....
Okay, let's talk about Waylon Wilcox. $13 million in CryptoPunk sales. Millions in evaded taxes. Potential jail time. The news reports are shouting “NFT bubble burst!” and “Crypto is a scam! But hold on a second. Before you write off the entire NFT space because of one guy's alleged (and...
America’s favorite outlaw Waylon Wilcox, 45, of Pennsylvania, is in trouble. He was on trial for tax evasion as well, having pleaded guilty to evading more than $13 million in taxes from his Crypto Punks NFT proceeds. That's not pocket change. We’re describing a very serious six-year maximum imprisonment term,...
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...
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 Non-Fungible Token (NFT) space is still moving fast and changing everyday. As we look ahead to 2025, understanding the landscape of NFT marketplaces is crucial for anyone looking to buy, sell, or mint these unique digital assets. BlockTraderHub.com is your value-packed resource for crypto intelligence. Our mission is to...
The NFT space certainly has that Wild West vibe, right? Fortunes won and vaporized in the blink of an eye, scammers lurking at every turn and more acronyms than you can shake a stick at. But beneath the hype, there's a real potential for NFTs to revolutionize how creators are...