According to media reports, former president Donald Trump is about to release his own crypto-themed video game based on real estate speculation. Riot’s new game is rumored to be in the real estate space, maybe something like a crypto-fueled Monopoly Go. This project launches as uncertainty continues to shake the...
Yahoo, as a member of the Yahoo family of brands, uses cookies and similar technologies on its websites and applications. This smart strategy provides you with a better user experience while boosting security. This practice, as outlined in Yahoo’s privacy policy and specific cookie policy, includes a wide range of...
The practice recently motivated a 45-year-old NFT trader to plead guilty to tax evasion. He neglected to report over $13 million in income he made on trading non-fungible tokens (NFTs). This case signals the Internal Revenue Service’s (IRS) increased scrutiny toward trading in digital assets. It illustrates their deep desire...
Yahoo, as one of the leading media companies in the Yahoo specialization family business, provides the means to control privacy with accessible tools for users. You might see these kinds of tools everywhere on websites and in apps ranging from Yahoo! Yahoo’s continuing commitment to user privacy, including easy-to-understand controls...
With its presale soaring with massive momentum, Qubetics has recently been making waves in the blockchain world. The next-gen blockchain solution has already raised $16.1 million and is currently on its 30th stage of presale. With over 508 million tokens sold and more than 24,700 holders, Qubetics is rapidly approaching...
The NFT market is currently experiencing the most significant crash to date. This decline is largely due to increased regulatory scrutiny and high-profile instances of tax evasion. This digital bear market largely masks the deeper issues plaguing the digital asset ecosystem. That said, it highlights the importance of compliance and...
Waylon Wilcox, a Conshohocken, Pennsylvania man, pleaded guilty to multiple counts of filing false tax returns. He neglected to report the hundreds of millions in income he made from selling CryptoPunk NFTs. Wilcox now faces the prospect of many years in a federal prison, supervised release, and up to $500,000...
The cryptocurrency and decentralized finance (DeFi) industries are currently undergoing major shifts in their legal and regulatory undercurrents. These changes are most significantly influenced by the recent shift in the Trump administration’s overall stance. Key developments include significant token allocations, regulatory requests from NFT marketplaces, adjustments in cryptocurrency enforcement activities,...
One of the lesser known sports card NFT markets has awakened most recently, with active sales, including a few triple-digit-thousand sales, taking place as of late. These sales, including a Victor Wembanyama Gold Kaboom /10 for $6,000, indicate a potential resurgence in the digital collectibles space. In July, a Jayden...
The non-fungible token (NFT) marketplace is wildly dynamic, with declines and increases on various blockchains and collections. Overall sales volume crept down slightly. On the positive side, platforms such as Ethereum and Polygon experienced remarkable performance as the market exhibited an ever-growing dynamic and resilient nature. The week of July...