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Bitcoin Investor Faces Prison Time for Underreporting Crypto Gains


A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over $550,000. The Department of Justice emphasized that taxpayers must accurately report crypto transactions...

NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply


Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week. NFT Sales Total $74.86M in a Week Marked...

5 US States Settle With GSB Group Over Unregistered Crypto Sales


Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting...

Nigeria Resumes Dollar Sales to Money Changers Amid Naira’s Decline


The Central Bank of Nigeria resumed selling US dollars to money changers to address the falling value of the naira. This decision came after the naira-to-dollar exchange rate dropped to a low of NGN1,639 per dollar, likely due to increased demand for US dollars for travel and business. The central...

Steam Sales, Star Wars Outlaws Guides, And More Tips And Tricks For The Week


It’s been a huge week for game releases and game sales, so if you were looking to pick up a handful of space-themed games or perhaps jump into one of the biggest space games of the year (Star Wars Outlaws), we got you covered. From huge savings on games like Kingdom Hearts and the Tales of series...

2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability


A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights the high unprofitability rate among holders and the fleeting lifespan of most NFTs. NFT Sector Faces Uncertain Path as 2024...

NFT Market Faces Brutal August: Sales, Buyers, and Transactions All Plunge


Non-fungible token (NFT) sales have had a rough time in 2024, and August has been no exception. Following a 36.6% drop in July, August brought another significant decline, with sales falling by 41.36%. NFT Market Struggles: August Sales Plunge 41.36% After July’s Decline According...

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