NFT Artist Faces Crypto Tax Nightmare – What Creators Need to Know
An anonymous NFT artist shares their harrowing experience with unexpected crypto tax liabilities, revealing common pitfalls in digital asset taxation that many creators overlook.
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Polygon NFT Sales Surpass $2B as Real-World Asset (RWA) Projects Drive 2025 Growth
Polygon’s NFT ecosystem has crossed $2 billion in total sales, fueled by growing adoption of real-world asset (RWA) tokenization projects like Courtyard’s collectibles platform.
NFT Market Rebounds: Sales Jump 10.6% to $115M as Doodles Soar 500%
The NFT market shows signs of recovery with a 10.6% sales increase to $115 million, led by Doodles’ explosive 500% rally. Analysts debate whether this marks a sustained comeback or temporary surge.
Magic Eden Launches Season 2 Rewards Program to Boost NFT Trading Activity
Leading NFT marketplace Magic Eden has unveiled its Season 2 rewards program, offering enhanced incentives for traders and collectors. The new initiative aims to revitalize NFT market participation through exclusive perks and community engagement features.
CryptoPunks NFT Takes $10 Million Hit in Ethereum Sale
A rare CryptoPunk Alien NFT sold for $6 million in Ethereum, marking a substantial $10 million loss from its previous $16 million sale price just one year earlier.
NFT Industry Faces Slowdown: Declining Activity and Marketplace Struggles Explained
The NFT market is experiencing a significant slowdown, with declining trading activity and several marketplaces struggling to stay afloat. Analysts point to shifting investor interest and market saturation as key factors.
One Gravity NFT Collection Sells Out, Ranks Second on OpenSea
The One Gravity NFT collection has sold out within hours of its launch, securing the second-highest ranking on OpenSea. This success highlights the growing demand for unique digital art and the continued popularity of NFTs in the blockchain space.
NFT Sales Surge to $121M as CryptoPunks Sales Jump 500%
The NFT market is experiencing a significant revival, with total sales reaching $121 million and CryptoPunks sales skyrocketing by 500%.
Ethereum NFT Protocol Zora Announces Token Airdrop Plans
Zora, a leading Ethereum-based NFT protocol, has revealed plans for a token airdrop, rewarding its early users and community members. This move aims to further decentralize the platform and incentivize participation in its ecosystem.
OpenSea SEC Investigation Closed: No Action Taken Against NFT Marketplace
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into OpenSea, the largest NFT marketplace, without taking any enforcement action. This decision provides relief to the platform and the broader NFT industry, which has faced increasing regulatory scrutiny.