United Kingdom Court pegged NFTs as ‘Private Property’
Private property status does not extend to what NFT represents. NFTs are treated as property by the Internal Revenue Service in the United States. At the beginning of May, a…
How Ethereum Rival Algorand (ALGO) Can Break All Time Highs
A widely followed crypto analyst is unveiling what he thinks can push Ethereum challenger Algorand (ALGO) to a fresh all-time high. In a new video, the host of popular YouTube…
About 97% of Cryptocurrency Hacks Were Against DeFi Projects
A big portion of the criminal funds circulated on the DeFi space is linked to North Korea-backed organizations, the report found.Blockchain analyst firm Chainalysis published a new report focused on…
Costly Mistake a Creator Just Sold a Bored Ape NFT for 200 USDC
A BAYC holder may have sold his Ape NFT for 200 USDC by mistake, but speculators think the seller was trying to evade taxes.When it comes to blockchain transactions, some…
Shiba Inu joins Block Forest For FIFA World Cup 2022 NFT Series
Ethereum whales have emerged as one of the major investors of Shiba Inu. The FIFA World Cup Qatar 2022 Official Sponsor has been revealed as Crypto.com. To commemorate the FIFA…
Crypto Trader Sentenced to Three and half Years in Prison for $5 Million Scam
The Coin Signals trader will spend the next 3.5 years in prison for running a fraudulent crypto scheme that solicited more than $5 million from investors.The United States Department of…
5 US States Issued Order to end a Fraudulent Russian Metaverse Project
The accused metaverse project, Flamingo Casino Club, has reportedly perpetrated the scam by selling NFTs to US residents.Five US states announced plans to take immediate action against a Russian organization…
The past 48 hours brought more pain to the crypto market, with bitcoin plummeting to new lows and the altcoins suffering even more.
Bitcoin Charts Yet Another Yearly LowA lot can change in the cryptocurrency markets in a week. Seven days ago, bitcoin stood around $40,000 after spiking by $1,000 in a day.…
Cryptocurrency Sales After 1 Year of Possession Declared Tax-free in Germany
Investors had to keep it for at least ten years before selling it out tax-free until now.The crypto market is recovering after the recent bloodbath. Because of the rising prominence…
Coinbase CEO dismissed Rumors of Bankruptcy despite Loss in Q1 2022
Immediately after the declaration of the loss, there was a flurry of discussion on Twitter. The team is now working on revising their agreements so that retail users are protected.…