Key Notes The NFT sales volume increased by 66% in 24 hours. BSC dominated the market with over $8 million in daily sales. NFT sales on the BSC network reached a new all-time high. Investors are showi...
Category: NFT
Live NFT News Updates.
CryptoPunks Skyrocket As Courtyard Leads NFT Market Surge
Courtyard and DMarket became the two most popular weekly NFT sales, while CryptoPunks rose 43.99% in value. One rare CryptoPunk sold for a $10 million loss due to the current low ETH prices. Top colle...
Bybit shuts down four more Web3 services after axing NFT marketplace
Bybit is shutting down more of its Web3 services after axing its non-fungible token (NFT) marketplace earlier in April. According to an April 16 announcement, the exchange is shutting down its Cloud W...
VeChain News: Community Approves VeBetter Proposal to Restore GM NFT System
VeChain’s community has approved the “VeBetter Proposal” to fix reward system flaws, ensuring fair incentives and structured participation. The revised GM NFT system cuts reward treasury allocations, ...
CyberKongz Escapes Charges as SEC Wraps NFT Gaming Probe
SEC concludes 27-month probe into CyberKongz, enabling rebrand. CyberKongz plans an innovation focus post-investigation closure. The SEC has ended its investigation into CyberKongz, a large NFT gambl...
SEC closes investigation into NFT firm CyberKongz
The U.S. SEC has officially closed its investigation into NFT gaming project CyberKongz, four months after the project was hit with a Wells notice over its ERC-20 token integration. In a recent post, ...
OpenSea Introduces OS 2.0 and SEA Token Airdrop to Upend NFT Trading
Key Takeaways: OpenSea introduces OS 2.0, a revamped NFT platform with greater speed, reliability, and modularity. The SEA token is officially launched, with a multi-phase airdrop reserved for early a...
Man Faces Six Years in Prison After Omitting $12,302,115 in CryptoPunk NFT Sales From Tax Filing
A Pennsylvania man could serve up to six years in prison after filing false tax returns that underreported millions of dollars of income he made from selling non-fungible tokens (NFTs). Waylon Wilcox ...
Will Wilcox’s Case Redefine NFT Tax Compliance?
Waylon Wilcox, a 45-year-old resident of Pennsylvania, has entered a guilty plea in federal court for failing to disclose approximately $13 million in earnings from the sale of 97 non-fungible tokens ...
Axie Infinity’s Bold Move: Merging App.axie & Ronin Market Contracts for Improved NFT Gaming Experience
Axie Infinity’s Bold Move: Merging App.axie & Ronin Market Contracts for Improved NFT Gaming Experience – BitcoinWorld Skip to content Home News Crypto News Axie Infinity’s Bold Move: ...
R0AR ERS NFT Secondary Market Volume Surges As Crypto Airdrop Hype Grows
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Even though it’s been a bumpy few weeks for Ethereum, the Executive R0AR Society...
Kava Labs’ Co-Founder Says Decentralized AI Delivers Real Value, Not NFT Style-Hype
Artificial Intelligence tokens have long-term staying power and won’t be another crypto fad like non-fungible tokens (NFTs), even though the industry has already seen its share of flops, Kava La...
Pennsylvania Man Pleads Guilty to Tax Fraud Over $13M in CryptoPunks NFT Sales
TLDR Pennsylvania man Waylon Wilcox pleaded guilty to filing false tax returns concealing $13M in CryptoPunks NFT sales He underreported $8.5M in 2021 and $4.6M in 2022, reducing his tax obligation by...
NFT Sales Shot Up By 14.55% To $12.27M This Week
According to today’s data reported by CryptoSlam, the NFT market has displayed indicators of recovery, registering a 14.55% surge in trading volume this week. Over the past seven days, the NFT market ...
NFT Trader Faces Prison for Hiding $13M CryptoPunk Profits
NFT trader Waylon Wilcox failed to report $13M in NFT profits over two years. IRS says he falsely claimed no digital asset transactions. Wilcox faces up to six years in prison and hefty fines. NFT tra...
NFT CryptoPunk Seller Pleads Guilty For False Tax Returns Submission
A recent report stated that a man pleaded guilty for false tax returns submission on his NFT sales. NFTs have been receiving increased attention from regulators over the past few months. Over the wee...
Shaquille O’Neal Settles Lawsuit Over Astrals NFT Project
Shaquille O’Neal agreed to a settlement in a class action lawsuit over promoting the Astrals project, launched in 2022 with 3D avatars and a DAO token. Despite supporting Astrals after FTX’s collapse,...
CryptoPunks trader pleads guilty to $13m NFT tax fraud
A Pennsylvania man has pleaded guilty to federal charges after failing to report millions in profits from trading non-fungible tokens. In an April 11 press release, the United States Attorney’s Office...
NFT Trader Faces Up to 6 Years in Prison for $13M Tax Evasion on CryptoPunks
Altcoins Waylon Wilcox, a 45-year-old NFT trader, is facing up to six years in federal prison after pleading guilty to underreporting nearly $13 million in profits from trading high-value CryptoPunks ...
Shocking CryptoPunks Tax Evasion Case: Man Faces Prison for NFT Income
Hold onto your digital wallets, crypto enthusiasts! The world of NFTs, particularly the iconic CryptoPunks, is no longer just about digital art and bragging rights. It’s increasingly intersecting with...
American Pleads Guilty in First Major NFT Tax Evasion Case
Crime An american citizen has admitted to evading millions in taxes after failing to report profits from a massive NFT sale, marking what appears to be the first high-profile U.S. tax evasion case in ...
NFT trader faces prison for $13M tax fraud on CryptoPunk profits
A non-fungible token (NFT) trader could face up to six years in prison after pleading guilty to underreporting nearly $13 million in profits from trading CryptoPunks, according to the US Attorney’s Of...
NFT Market Sees High-Value Trades Led By CryptoPunks
Over the past seven days, the non-fungible token (NFT) market has witnessed many high-value transactions, especially regarding some of the biggest collections in the space. CryptoPunk #3100 sold for 4...
NFT trader sells CryptoPunk after a year for nearly $10M loss
An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market. A whale, or large cryptocur...
Here’s How a Crypto Trader Lost $10M on NFT
A crypto trader with a significant trading industry has become the biggest victim of the volatility as they lost nearly $10M ($9.73M to be accurate). Although the ongoing crypto market conditions are ...
NFT sales drop 4.7%, but Courtyard dethrones Cryptopunks
The NFT market is feeling the impact of the broader crypto slump, with sales volume decreasing by 4.7% to $94.7 million. According to data from CryptoSlam, this is a continued downward trend from the ...
NFT Trader Suffers $10M Loss After Sale of Rare Alien CryptoPunk
An anonymous NFT collector has suffered a $10 million loss after selling one of the rarest CryptoPunks on Thursday. On-chain data shows that Punk #3100 changed hands for 4,000 ETH, translating to appr...
Ethereum Leads NFT Sales As Polygon And Mythos Compete For Market Share
Ethereum remained the most active network for NFT sales at $ 37.2 million and 119,693 transactions in the week. Polygon and Mythos were close behind with compounded transaction growth and growing buye...
CryptoPunk NFT, Once Bought for $16M, Sold for $10M Loss
Remember when CryptoPunks were the ultimate flex? The 10,000 avatars issued by Larva Labs back in 2017, were among the crown jewels of the non-fungible token (NFT) craze in 2021. Some NFTs of that col...
Trader Loses $10M Selling THIS Rare NFT Collection
Massive Loss as Trader Dumps CryptoPunk #3100 One of the most shocking NFT sales of the year just happened: A trader sold CryptoPunk #3100, one of the rarest Alien Punks, and took a $10 million hit on...
Investor sells CryptoPunk NFT for $6M absorbing a $10M loss
A rare CryptoPunk NFT just sold for $6 million at a staggering $10 million loss amid the continued slide in NFT prices. CryptoPunk #3100, one of just nine Alien Punks in the original 10,000-piece coll...
CryptoPunk NFT Sells for $6M, Marking $10M Loss for Seller as Ethereum Price Falls
TLDR CryptoPunk #3100, one of nine rare Alien Punks, sold for 4,000 ETH ($6M), resulting in a $10M loss for the seller who bought it for 4,500 ETH ($16M) in 2024 The loss was magnified by Ethereum’s 5...