Tag: nft

NFT Winter is Here: Will Regulation Save or Sink the Market?

NFT Winter is Here: Will Regulation Save or Sink the Market?

Just a year ago, the NFT market felt like a runaway freight train. It has recently taken a historic plunge, infamously dubbed the “NFT winter.” The cooling period has placed more attention on regulatory enforcement from boards and other regulating entities. We have to ask now if these regulations will...

NFT Market Feels the Squeeze Amid Regulatory Scrutiny and Tax Evasion Cases

NFT Market Feels the Squeeze Amid Regulatory Scrutiny and Tax Evasion Cases

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...

Pennsylvania Man Admits to Hiding Millions in CryptoPunk NFT Sales from IRS

Pennsylvania Man Admits to Hiding Millions in CryptoPunk NFT Sales from IRS

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...

NFT Sports Cards Hype or Real Value?

NFT Sports Cards Hype or Real Value?

Okay, Gen Xers, let's talk about something that probably makes half of us roll our eyes and the other half cautiously curious: NFT sports cards. Fast forward to March 2025, and you guessed it—these digital collectibles are all the rage! Panini’s similar setup with a blockchain marketplace, exclusive drops, and...

Sports Card NFT Market Shows Signs of Life With Recent High-Value Sales

Sports Card NFT Market Shows Signs of Life With Recent High-Value Sales

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...

Monad's NFT Boom A Glimpse of Web3's Socialist Future?

Monad's NFT Boom A Glimpse of Web3's Socialist Future?

Look, I get it. NFTs. Just saying the terms will automatically bring up stereotypes of bored apes, rug pulls and crypto bros telling you about the money they made while you were sleeping. Before you dismiss the recent explosion of NFTs on the Monad testnet as just another speculative bubble,...

Monad's NFT Surge A Warning Sign or Free Market Miracle?

Monad's NFT Surge A Warning Sign or Free Market Miracle?

2,000% gains in weeks? It might seem like a fantasy, or a horror story if you have a low appetite for risk. Monad’s testnet currently is the hive of flourishing NFT activity. As the headlines scream “revolution,” let’s keep the oily glimmer out of our eyes with some healthy skepticism....

CryptoPunk Sale at a Loss: Is the NFT Bubble Bursting?

CryptoPunk Sale at a Loss: Is the NFT Bubble Bursting?

The NFT market, once a lively frontier of digital assets, has recently begun to cool. Token ATH! Token ATH! is your backstage pass to the wild, wild world of crypto. An inciting incident, like the recent sale of CryptoPunk #3100 at a significant loss, has triggered concerns around the long-term...

NFT Crash: Proof Capitalism Fails Artists, Not Just Crypto Bros

NFT Crash: Proof Capitalism Fails Artists, Not Just Crypto Bros

I’m fortunate to have a good friend in artist Anya, who has spent years immersed in this world. She poured her heart and soul as well as a good chunk of her savings into a series of digital paintings. Unfortunately, Anya, like many of us, drank the Kool-Aid. She saw...