Crypto
Crypto

NFT trader faces prison for $13M tax fraud on CryptoPunk profits

A non-fungible token (NFT) trader could face up to six years in prison after pleading guilty to underreporting nearly $13 million in profits from trading CryptoPunks, according to the US Attorney’s Office for the Middle District of Pennsylvania. Waylon Wilcox, 45, admitted to filing false income tax returns for the 2021 and 2022 tax years.

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Crypto

How to build an AI crypto trading bot with custom GPTs

AI is transforming how people interact with financial markets, and cryptocurrency trading is no exception. With tools like OpenAI’s Custom GPTs, it is now possible for beginners and enthusiasts to create intelligent trading bots capable of analyzing data, generating signals and even executing trades. This guide analyzes the fundamentals of building a beginner-friendly AI crypto

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Crypto

Bitcoiners were first to realize US economic data ‘was wrong’ — Pompliano

Bitcoin (BTC) holders were the first to point out flaws in the United States economic data and position themselves for the potential upside, says crypto entrepreneur Anthony Pompliano. “Bitcoiners were the first large-scale group to recognize the economic data was wrong, and they figured out a way to financially capture upside if they were right,”

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Crypto

Crypto gaming and gambling ads ‘most expensive’ for onboarding users

Crypto gaming and gambling campaigns are the most expensive way to acquire users with existing crypto wallets, ranking highest in cost among all sectors of the crypto industry, recent data shows. “Gaming and gambling campaigns are the most expensive, with a median CPW of $8.74 and a lower quartile of $3.40,” Web3 marketing firm Addressable

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Crypto

Senator Tim Scott is confident market structure bill passed by August

Senator Tim Scott, the chairman of the US Senate Committee on Banking, Housing, and Urban Affairs, recently said that he expects a crypto market bill to be passed into law by August 2025. The chairman also noted the Senate Banking Committee’s advancement of the GENIUS Act, a comprehensive stablecoin regulatory bill, in March 2025, as

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Crypto

US Social Security moves public comms to X amid DOGE-led job cuts — Report

The US Social Security Administration (SSA) will move all public communications to the X social media platform amid sweeping workforce cuts recommended by the Department of Government Efficiency (DOGE), led by X owner Elon Musk. According to anonymous sources who spoke with WIRED, the government agency will no longer issue its customary letters and press

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Crypto

Trump exempts select tech products from tariffs, crypto to benefit?

United States President Donald Trump has exempted an array of tech products including, smartphones, chips, computers, and select electronics from tariffs, giving the tech industry a much-needed respite from trade pressures. According to the US Customs and Border Protection, storage cards, modems, diodes, semiconductors, and other electronics were also excluded from the ongoing trade tariffs.

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Crypto

Asia holds crypto liquidity, but US Treasurys will unlock institutional funds

Opinion by: Jack Lu, CEO of BounceBit For years, crypto has promised a more open and efficient financial system. A fundamental inefficiency remains: the disconnect between US capital markets and Asia’s liquidity hubs. The United States dominates capital formation, and its recent embrace of tokenized treasuries and real-world assets signals a significant step toward blockchain-based

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Crypto

CZ claps back against ‘baseless’ US plea deal allegations

Changpeng “CZ” Zhao, former CEO of Binance, has denied claims that he agreed to provide evidence against Tron founder Justin Sun as part of a plea deal with the United States Department of Justice (DOJ). In an April 11 report, The Wall Street Journal cited unnamed sources alleging that CZ had agreed to testify against

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Crypto

NFT trader sells CryptoPunk after a year for nearly $10M loss

An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market. A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time of writing. The investor originally purchased the

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