We know the first quarter of 2025 was the worst for crypto. Put aside the late 2024 hype. Market cap disintegrated, trading volumes cratered, and even Bitcoin, the perennial darling of all things crypto, didn’t hold up—underperforming gold and USTs. While the crypto-evangelists will scream "volatility" and "buying opportunity," I...
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,...
Waylon Wilcox, 45 of Dillsburg, Pennsylvania, recently pleaded guilty. In doing so, he avoided millions in taxes on his profits from CryptoPunks NFTs. This is not your ordinary run of the mill tax evasion case. It marks a significant new chapter in the growing tension between individual liberty and social...
The Waylon Wilcox case is an important reminder that there’s more at stake than NFTs or crypto hype. He pleaded guilty to evading $3.3 million in income taxes on $13 million worth of CryptoPunk sales. It is a painful illustration of the tenuous social contract we all operate under, whether...
The numbers are hard to ignore. BNB Chain has been crowing about increased NFT sales, surpassing Ethereum and Polygon on some days. $8.2 million in daily sales? That's a headline grabber. But hold on one second, though. In a world obsessed with get-rich-quick schemes, it's crucial to ask: is this...
Flashy Features Over Rock-Solid Security?Continuously we hear about the new shiny object that’s come out in the crypto world. "Innovation!" they cry. "DeFi integrations! Staking rewards!" Yet, where is the emphasis on the basics. Where’s the focus on ensuring the safety of your hard-earned digital collectibles—like all those cute little...
The ZKsync hack. It might be tempting to chalk it up as merely another crypto debacle, another technical crack in the matrix. That’s letting them off the hook. Looting over 111 million ZK tokens ($5 million) is a stark abdication of responsibility. As a reminder, this incidence is based on...