NFT trader faces 13M jail time for CryptoPunk tax fraud

A savvy NFT trader turned a profit exceeding $12 million from CryptoPunk NFT sales—earning $7.4 million in 2021 from 62 pieces and an additional $4.9 million in 2022 from 35 pieces. However, underreporting nearly $13 million in gains has led…

Top 5 NFT Collections to Watch for the Week at $3 Million Sales

Many NFT collections are doing very well this week, with many of them already surpassing the $3 million sales mark, and the others about to do so. Here are some of the NFT collections to keep an eye on for…

Ranking the Top 5 Largest NFT Sales in the Past Week

Even though there’s a general decline in the NFT market this week, some NFT sales made headlines, with some of them surpassing over $300k. In this article, we will explore some of the largest NFT sales for the past week.…

Top 5 NFT Collections With Over $10 Million Sales Halfway into July

With Bitcoin and the broader crypto market having an excellent performance, the NFT market is also flourishing. However, some NFT collections stand out from the rest and will explore those above $10 million sales below.  DMarket NFT Collections  Image from…

$690,000 Hack of Vitalik Buterin’s X Account Includes Theft of $244,000 CryptoPunk NFT

In a shocking turn of events, Ethereum cofounder Vitalik Buterin’s X (formerly Twitter) account recently fell victim to a high-profile hack, resulting in the theft of approximately $690,000 worth of assets, including a valuable CryptoPunk NFT valued at $244,000. This…