Category: News

NFT Trader Suffers $10M Loss After Sale of Rare Alien CryptoPunk

An anonymous NFT collector has suffered a $10 million loss after selling one of the rarest CryptoPunks on Thursday. On-chain data shows that Punk #3100 changed hands for 4,000 ETH, translating to approximately $6.07 million via a private transaction on the official CryptoPunks marketplace. The NFT is one of...
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Bitcoin Funding Rate Turns Negative: Bullish Signal In Disguise?

After plunging over 30% from its all-time high and briefly dropping below $75,000, Bitcoin is showing signs of recovery. The broader crypto market rebounded sharply this week, helped by a 90-day pause on reciprocal tariffs announced by US President Donald Trump for all countries except China, which remains under...
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Trump Signs Bill Repealing IRS DeFi Broker Rule in Crypto Industry Win

In a landmark move, US President Donald Trump on April 10 signed into law a resolution repealing the IRS’s controversial “DeFi Broker Rule” and effectively blocked expanded tax reporting requirements for decentralized finance platforms. The measure, introduced by Representative Mike Carey (R-Ohio) and supported in the Senate by Senator...
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