Tag: blockchain

$3.2 million. Let that number sink in. For example, the IRS alleges that Pennsylvania’s Waylon Wilcox, 45, avoided paying over a million dollars in taxes. He racked up a huge $12.3m of profits flipping CryptoPunks, those fashionable pixelated avatars that moonwalked into the NFT-world’s collective subconscious. And he reported zero...

This week Alabama legislators will consider all three bills. This wave of proposed legislation, if passed, would dramatically reshape how the state engages with and regulates cryptocurrency and blockchain technology. These bills will clarify the state’s regulatory framework for digital assets and allow states to invest in cryptocurrency. In addition,...

The SEA token airdrop. It's on everyone's lips right now. Before you dive headfirst into chasing those "point boxes" and maximizing your "loyalty score," let's take a step back. Is this actually about benefitting local community members, or is this just a really well-designed growth hack disguised as a reward...

Are you fed up with a financial system that’s rigged against you? A winner-takes-all system that allows the wealthy to become even more affluent while others fight for whatever remains? I am. And that's why I'm obsessed with DeFi. It’s not only about profit — it’s about creating a new,...

A new report from Bernstein suggests that upcoming digital asset regulations could significantly benefit trading platforms like Robinhood and Coinbase. The anticipated regulatory framework promises a unified structure for trading both securities and non-securities, potentially unlocking new opportunities and streamlining operations for these companies.The Securities and Exchange Commission (SEC) and...

I've seen it happen too many times. That bright-eyed, bushy-tailed kid—thinking big and using their hard-earned savings—we’re betting on them. They dump the whole thing into some unknown cryptocurrency project that they heard about on Reddit. They’re all promised the moon, riches beyond their wildest dreams. Then, poof! The moonshot...

Ignore what the suits on Wall Street would have you believe. They want to continue to have you stuck in their rigged game. While you sit there clipping coupons for pathetic payouts, they’re the ones taking home the big bucks. Here’s the thing: DeFi is the new frontier, a digital...

All this bluster surrounding crypto regulations to come creates an impression facade that the industry is safe, legitimate, and protecting their investors. Sounds great, right? Before we rejoice too loudly, let’s think about what we are going to lose on the altar of regulatory compliance. Are we really so starved...

Waylon Wilcox. Remember that name. This isn’t another clickbait, headline-grabbing, bad news story. It serves as a metaphor for all that is bad – and maybe good – about the current crypto ecosystem. Wilcox, a 45-year-old of Manheim, Pennsylvania, who just pleaded guilty. His CryptoPunks NFT trading alone allowed him...

Since taking office, the Trump administration has initiated a series of changes impacting the financial landscape, particularly in the cryptocurrency sector. The moves have taken several forms, from proposing to set up a Trump-branded meme coin. These include major strikes at creative regulatory overhaul and continued, direct engagement with digital...