If we’re being frank, the NFT space has had its fill of speculative mania and outright scams. You’ve probably been cynical about those clickbait JPEGs selling for millions. You may be one of those who believes that this entire thing is just a bubble waiting to burst. I get it....
We Americans would never pass up on a fantastic treasure hunt, right? We delve into dusty attics, hunting for forsaken masterpieces that would dazzle the appraisers on Antiques Roadshow. In parallel, we create that next Bored Ape Yacht Club NFT, motivated by the excitement in pursuit, fueled by the potential...
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...
Ethereum’s most popular scaling solution, Polygon, has witnessed a massive surge in NFT sales. In fact, it’s even beaten Ethereum’s returns over some stretches! This sudden expansion originated from the hype around Real-World Asset (RWA) NFTs. Creative endeavors like the Courtyard collection have been just as influential and indispensable to...
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....
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 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...
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...
