Author: Yeek.io

0A non-fungible token (NFT) trader could face up to six years in prison after admitting he underreported nearly $13 million in income from selling CryptoPunks.According to a statement released by the U.S. Attorney’s Office for the Middle District of Pennsylvania on April 11, Waylon Wilcox, 45, pleaded guilty to two counts of filing false individual income tax returns.Federal prosecutors said Wilcox failed to report more than $8.5 million in income on his 2021 tax return. This resulted in an unpaid tax bill of about $2.18 million. He also underreported nearly $4.6 million in income on his 2022 tax return, lowering his…

Homepage > News > Business > Real-world assets don’t live on the blockchain There’s been much talk about tokenization and real-world assets (RWAs) over the past year or two. Even financial heavyweights like Larry Fink have weighed in, touting that BTC and Ethereum exchange-traded funds (ETFs) are “stepping stones” to the tokenization of everything. While browsing on X recently, I came across a post that sparked an old debate. Can RWAs exist on a blockchain, or will they always be IOUs (I owe you) and claims rather than the assets themselves, fundamentally linked to the legal system and old world?…

Tron has continued solidifying its position as a leading blockchain for stablecoin transactions with it recording a massive $1.52 billion inflow over the past week. Meanwhile, Ethereum – the long-standing giant in the decentralized finance (DeFi) space – has experienced a significant outflow of $1.02 billion in stablecoins during the same period. As per Lookonchain data, the stablecoin inflow on Tron has surged record breaking amount past this week as it sees $1.52 billion of stablecoins (USDT and USDC) injected into its DeFi ecosystem. The latest figures mark a continuation of Tron’s impressive growth in stablecoin activity. Tron has consistently attracted substantial…

Today in crypto, Mantra CEO John Mullin denied reports of insider sales by investors, including Laser Digital, ahead of the OM token’s 90% crash — despite onchain data suggesting otherwise. Mullin also pointed to one exchange in particular, which the Mantra team believes may have played a role in the token’s collapse.Mantra CEO denies insider OM token dump, says Arkham “mislabeled” walletsMantra CEO John Mullin denied reports suggesting large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token, while speaking in an AMA hosted by Cointelegraph on April 14.“The Mantra…

Key Takeaways: The agreement includes plans for infrastructure support, technical consulting, and education in crypto-related fields. Kazakhstan’s parliament is considering a proposal for a state-controlled crypto bank to regulate digital asset custody and exchange. Central Asian countries are positioning digital assets as part of broader efforts to modernize their economies and attract foreign investment. President Sadyr Zhaparov announced on April 11 that the Kyrgyz National Investment Agency and Changpeng “CZ” Zhao, co-founder of Binance, have signed a Memorandum of Understanding to discuss cooperation in blockchain and digital asset development.The agreement sets out suggestions for supporting infrastructure and offering technical and…

Homepage > News > Business > Babbage’s BSV Hackathon winners find new uses for blockchain A bounty manager for GitHub users, games, wallet identity managers, on-chain voicemail and a versatile new token protocol were among the winners of the BSV Hackathon in Austin, Texas, last week. The two-day in-person event asked developers to push new boundaries with scalable blockchain capabilities, showing innovative ways to manage identities and create new economic opportunities for Web3. Babbage and the BSV Association were the BSV Hackathon‘s main sponsors, along with Silverline. The total prize pool came to US$64,000, including minor prizes for teams placed…

Quick take: The announcement follows Kraken’s recent acquisition of U.S. futured markets platform NinjaTrader for $1.5 billion.  It comes amid increased optimism in the market, amid expectations that Trump will deliver on his promise of crypto-friendly regulations. Kraken trades will be able to trade U.S. stocks and ETFs in some U.S. states starting Monday. Kraken has accelerated its expansion strategy by partnering with financial API platform Alpaca to offer stocks and exchange-traded funds (ETFs) trading. Kraken users will be able to trade stocks and ETFs in some U.S. states starting Monday. The phased roll-out features a commission-free trading for over…

Crypto exchange Bybit has denied claims that it charges $1.4 million to list a token on its platform, following allegations made by a social media user with over 100,000 followers.On April 14, X user “silverfang88” accused the exchange of demanding millions from projects in listing fees. The user also alleged that Bybit used key opinion leaders (KOLs) to silence students who were given trial contracts through the platform’s Campus Ambassador program.Bybit CEO Ben Zhou denied the allegations, asking the social media user to provide evidence backing the claims. Zhou added that the crypto space has been chaotic because of rumors…

Last updated on April 14th, 2025 at 10:54 amLondon, Greater London, April 11th, 2025, Chainwire   As the crypto trader funding market grows rapidly, My Crypto Funding (MCF) has established itself as the leading crypto prop firm in the space. The firm was recently honored with the 2024 award for Best Crypto Trading Conditions by The Trusted Prop, a notable review platform in the prop trading evaluation space. Image of the trophy shared on My Crypto Funding’s and The Trusted Prop’s Instagram pages. A Prop Firm for Crypto Trading Unlike firms that simply offer crypto alongside traditional markets, My Crypto Funding was designed from the ground…

TRUMP token’s upcoming 40 million token unlock may trigger selloff amid fragile market sentiment Price has dropped 89% since launch, with an uncertain outlook ahead of April 18 The countdown has begun for one of the most high-stakes token unlocks in memecoin history. On the 18th of April, the Official Trump [TRUMP] token is set to release 40 million tokens into circulation, worth roughly $330 million at current prices. That’s 20% of the total supply, mostly allocated to insiders. For a chart that’s been bleeding since launch, this event could be the spark that either resets the narrative or deepens…