Author: Cointelegraph by Ezra Reguerra
-
Musician made $3M selling NFTs and lost it all to taxes and a crypto crash
Musician Jonathan Mann made $3M selling NFTs but lost it all due to taxes and a crypto crash. His ETH holdings plummeted, leaving a $1.1M tax bill. He sold a rare Autoglyph NFT to cover the debt.
-
Trump touts memecoin as sentiment gauge as $520M unlock nears
Donald Trump suggests his official memecoin reflects public sentiment about his leadership, despite its 85% price drop. A $520M token unlock in July may further impact its value.
-
Trump touts memecoin as sentiment gauge as $520M unlock nears
Donald Trump suggests his official memecoin reflects public sentiment about his leadership, despite its 85% price drop. A $520M token unlock in July may further impact its value.
-
Moonbirds NFT sales surge after Yuga Labs sells IP
Moonbirds NFT sales surged after Yuga Labs sold its IP to Orange Cap Games, with weekly sales up 2,525% and monthly sales increasing 43%, making it the seventh-ranked NFT collection.
-
Singapore orders local crypto firms to cease overseas activity by June 30
Singapore’s central bank mandates local crypto firms to halt overseas services by June 30, 2025, with fines up to $200,000 for non-compliance, under new AML/CFT regulations.
-
OpenSea expands beyond NFTs with OS2 public rollout
OpenSea launches OS2 platform, expanding beyond NFTs to support fungible tokens across 14 blockchains. The update enhances crosschain functionality and user retention, with NFT buyers increasing by 50% in May.
-
No more ETH dumps? Ethereum Foundation turns to DeFi for cash
The Ethereum Foundation borrowed $2 million in GHO stablecoin from Aave, signaling a shift toward DeFi strategies for managing its treasury and reducing ETH sell-offs.
-
Arkham claims to have found 87% of Strategy’s Bitcoin
Arkham Intelligence claims to have identified 70,816 BTC linked to Strategy, totaling $54.5 billion, representing 87.5% of its Bitcoin holdings, despite Saylor’s privacy concerns.
-
Metaplanet issues $50M in new debt to buy more Bitcoin
Japanese firm Metaplanet issues $50M in zero-interest bonds to buy more Bitcoin, increasing its holdings to 7,800 BTC. The move reflects strong confidence in Bitcoin’s long-term value.
-
Ethereum co-founder responds to Sweden’s cashless-society rethink
Ethereum co-founder Vitalik Buterin comments on Sweden’s cashless society reconsideration, emphasizing decentralized payment resilience amid centralized system fragility during crises.
