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The ApeCoin Community has voted on a proposal that suggested the creation of a new NFT series, rejecting the idea. ApeCoin Armory Club and Ape Coin Pet Club were the two NFT collections.



The ApeCoin DAO has rejected a proposal that would have introduced two new NFT collections. The two collections are Ape Coin Armory Club and Ape Coin Pet Club, which were designed to have 20,000 NFTs each. 83.95% of the voters rejected the proposal, with 10.01% of the community in favor of it. The NFTs would have been handed out to the crypto community for free, with the overall cost estimated at $168,000.



ApeCoin Community Voting Against New NFT Collections: Snapshot



The multi-link nature of the NFT collections meant that it could have been linked to other NFT and metaverse projects, like Otherside, Decentraland, and The Sandbox. One such possibility, which the proposal hints at, is that the NFTs could have appeared in the 3D worlds of other metaverse projects.



Images from Ape Coin Pet Club: AIP-206



The full proposal showcased images of the NFTs, with the ape logo appearing on a shield. There were also images of the pets that would have formed the Ape Coin Pet Club. The proposal claims that all of the NFTs from both collections “are unique in their own way some with more rare features.”



ApeCoin Team’s Otherside Second Trip Looked Like a Hit



Meanwhile, Yuga Labs, the company behind the Bored Ape Yacht Club, recently announced the Otherside Second Trip event captains. These captains are Jimmy Wong, Brycent, Lowbellie, and Cordell Broadus, and they led four separate teams.




Thanks to every one of the 7,200+ concurrent Voyagers who joined us for 2nd Trip, anyone who watched along on our official live stream, and @jfwong, @brycent_, @champmedici, and @lowbellie for leading their teams through the Trip. We hope you enjoyed your time in Otherside. pic.twitter.com/BOfKhnGPPg— Othersidemeta (@OthersideMeta) March 25, 2023




Second Trip is a virtual event where 10,000 hodlers of its Otherdeeds NFTs will test the Otherside metaverse experience. The event seemed to have been successful, with over 7,200 concurrent players at one point.



Yuga Labs’ Bitcoin NFTs a Success



NFTs still seem to have a strong pull on investors, with Bitcoin NFTs especially taking off. Yuga Labs recently auctioned its first Bitcoin-based NFT collection, raking in $16.5 million in just 24 hours. The highest bidder paid over 7 BTC for one of the assets in the Bitcoin Ordinal collection called TwelveFold.



NFTs are also growing in the mainstream world, with Amazon potentially releasing its own NFTs. Amazon Web Services has hinted at its foray into the space by announcing a collaboration with Ava Labs.
The post ApeCoin Community Rejects Proposal for Two New NFT Collection Series appeared first on BeInCrypto.


The ApeCoin DAO rejected a proposal for two new 20,000 NFT collections — Ape Coin Armory Club and Ape Coin Pet Club.
The post ApeCoin Community Rejects Proposal for Two New NFT Collection Series appeared first on BeInCrypto.


beincrypto.com

ApeCoin Community Rejects Proposal for Two New NFT Collection Series

Titanium Blockchain chief executive Michael Stollery has been handed a four-year prison sentence for his involvement in a 2018 initial coin offering scandal that left investors $21 million out of pocket. 
Stollery, who founded Titanium Blockchain Infrastructure Services (TBIS), was a central figure in what the U.S. Department of Justice has called a “cryptocurrency fraud scheme.” 
The scheme revolved around an ICO for TBIS that took place between late 2017 and early 2018, and the Titanium Blockchain big boss was instrumental in its orchestration. 
The case is just the latest example of the authorities cracking down on fraudulent cryptocurrency schemes and underscores the need for vigilance among investors.

Titanium Blockchain Fraudulently Raises $21 Million
According to a complaint filed by the U.S. Securities and Exchange Commission in 2018, Stollery faced allegations of various wrongdoings related to the ICO, including failing to register it with the regulator. 
As per the DOJ, investors had invested in BARs, a cryptocurrency token, to participate in the ICO, which raised around $21 million from the U.S. and overseas. Stollery admitted to intermingling the funds raised from ICO investors with his own and using a portion of it to cover his personal expenses, such as credit card bills and Hawaii condominium payments. 
The SEC also revealed that he falsified whitepapers and testimonials and made false claims of business associations with the U.S. Federal Reserve to deceive investors about TBIS’ credibility and profit potential. 
In July 2022, he pleaded guilty to securities fraud, and despite facing up to 20 years behind bars, he was sentenced to four years and three months in prison for his involvement in the fraudulent scheme. 
Michael Stollery Case Highlights Constant Threat Of Crypto Fraud
The Titanium Blockchain CEO’s sentencing highlights the issue of cryptocurrency fraud, which has become a growing concern in recent years. 
According to a report by the Federal Trade Commission, Americans lost over $1 billion to fraud involving cryptocurrencies from January 2021 through March 2022,
Crypto fraud can take many forms, from Ponzi schemes to fake ICOs and fraudulent investment opportunities. The victims are often lured by the promise of high returns, but in reality, they end up losing their entire investment.


As the crypto market continues to gain popularity and mainstream adoption, more people are at risk of being duped by these fraudulent schemes.
In response to this growing threat, regulators are stepping up their efforts to combat crypto fraud. The SEC has launched multiple investigations into ICO scams, resulting in several high-profile cases like that of Stollery’s. 
The agency has also issued warnings to investors about the risks of investing in cryptocurrencies.
-Featured image from Gokhshtein Media


Titanium Blockchain chief executive Michael Stollery has been handed a four-year prison sentence for his involvement in a 2018 initial coin offering scandal that left investors $21 million out of pocket.  Stollery, who founded Titanium Blockchain Infrastructure Services (TBIS), was a central figu...

bitcoinist.com

Titanium Blockchain CEO Gets 4-Year Jail Sentence For BARs ICO Fraud

Popular meme coin Shiba Inu (SHIB) is witnessing a major change in the number of large transactions processed through its network, according to the crypto analytics firm IntoTheBlock.
IntoTheBlock defines large transactions as transfers that are bigger than $100,000 and says the metric “acts as a proxy” for the activity of institutional investors and high-net-worth individuals.

According to the analytics firm, Shiba Inu’s current large-transaction momentum indicator is down 3.08%, which it says is a bearish signal.
SHIB is trading at $0.000011 at time of writing. The 15th-ranked crypto asset by market cap is down more than 1.70% in the past 24 hours and more than 15% in the past 30 days. Even with the recent correction, the Ethereum (ETH)-based memecoin is up 37.5% since the start of 2023.
IntoTheBlock also reports that the vast majority of SHIB holders continue to remain underwater on their investments in the asset.
The insights firm notes that only 30% of SHIB holders are making money at the asset’s current price, compared to 5% that are breaking even and 65% that are sitting on losses.
The firm also says 67% of Shiba Inu holders have held on to their SHIB for over a year, with 30% owning the top meme token for a period of between one month and 12 months. The remaining 3% of SHIB holders have owned their Shiba Inu for less than a month.
Shiba Inu remains more than 87% down from its all-time high of $0.00008616, which it hit in late October 2021.
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Generated Image: Midjourney
Featured Image: Shutterstock/karnoff
The post Major Shift in Large Shiba Inu (SHIB) Transactions Underway, According to Crypto Analytics Firm IntoTheBlock appeared first on The Daily Hodl.


Popular meme coin Shiba Inu (SHIB) is witnessing a major change in the number of large transactions processed through its network, according to the crypto analytics firm IntoTheBlock. IntoTheBlock defines large transactions as transfers that are bigger than $100,000 and says the metric &#8220;act...

dailyhodl.com

Major Shift in Large Shiba Inu (SHIB) Transactions Underway, According to Crypto Analytics Firm IntoTheBlock

A core developer or popular meme asset Dogecoin (DOGE) is unveiling widespread updates to the blockchain as a means of making development on the protocol easier.
In a new announcement, DOGE developer Michi Lumin tells their 32,000 Twitter followers that many changes are coming to the project, including support for QR codes, other languages, message signing, and Windows builds.

Lumin describes how the upgrade will add language support for both developers and non-developers.
 “Libdogecoin now supports generation of seedphrases to and from keys, in many languages. For non-devs, this functionality is available in the included ‘such’ executable as a utility and can be used to generate mnemonic phrases.” 
The developer goes on to say that the blockchain will also now be able to support image-generating QR codes as well as message signing.
“Libdogecoin now generates QR codes on the fly in text, jpeg, and png formats without any additional libraries needed. Also functional in the ‘such’ utility. Libdogecoin now supports message+transaction signing and verification.” 
Other features include the ability for libdogecoin to be “ready-to-build” once loaded into MS Visual Studio on Windows as well as the ability for developers to query a flag to see if it was built with network functionality or not.
Furthermore, the upgrade includes fixes to many persistent problems developers may have encountered when building on the meme asset, such as memory integrity checks, truncation fixes and length checks for edge cases, according to the developer.
Dogecoin is trading for $0.0746 at time of writing, a 3.5% dip during the last 24 hours.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Inked Pixels
The post Dogecoin (DOGE) Unveils Massive Update To Ease Development of the Leading Meme Coin appeared first on The Daily Hodl.


A core developer or popular meme asset Dogecoin (DOGE) is unveiling widespread updates to the blockchain as a means of making development on the protocol easier. In a new announcement, DOGE developer Michi Lumin tells their 32,000 Twitter followers that many changes are coming to the project, inc...

Dogecoin (DOGE) Unveils Massive Update To Ease Development of the Leading Meme Coin

The second largest meme coin, Shiba Inu, has gained more traction recently. Though its launch was inspired by Dogecoin (DOGE), Shiba Inu has gradually risen with more functionalities for users. SHIB is attracting more attention from different sectors globally with its operations and performance.
In a new development, Shiba Inu is moving into the Portuguese market. An NFT marketplace Tokapi has announced adopting SHIB for exclusive NFT transactions through BitPay.
Tokapi Integrated SHIB As A Payment Option
Portugal-based NFT marketplace, Tokapi, is partnering with one of the prominent crypto payment processors, BitPay. The NFT marketplace has included Shiba Inu (SHIB) among the popular crypto payment options besides Bitcoin (BTC) and Ethereum (ETH). This means that customers on the Tokapi platform can purchase NFTs with SHIB through BitPay services. 
Related Reading: ChatGPT Can Now Browse The Internet – What This Means For Crypto
The collaboration with BitPay aligns with Tokapi’s plans to expand cryptocurrency payment options. Also, it provides NFT collectors and enthusiasts with more flexible options for purchasing NFTs. With this newest addition, Tokapi now has sixteen crypto assets as payment options on its platform. 
Tokapi is an NFT marketplace headquartered in Lisbon, Portugal. It offers a user-friendly platform to buy and sell digital collectibles. The marketplace covers music, digital art, clothing, and real estate.

Additionally, the NFT marketplace announced the availability of SeerLight’s exclusive NFT edition by Ronald Kuang, the famous LA-based Illustrator and Animator. Tokapi stated that customers could only purchase the NFT collection exclusively using Ethereum (ETH).
Also, Kuang’s two other popular NFT editions, Mirage and Hunters in the Snow, are available on Tokapi platform. Mirage was inspired by the prominent KHM’s architecture, while Pieter Bruegel’s original work inspired the latter.
SHIB Price Action
Shiba Inu is one of the crypto tokens with increasing growth recently. Launched in 2020, Shiba Inu ranks as the second-largest meme coin after DOGE. 
At the time of press, SHIB is trading at $0.00001065 after plummeting by 1.36% over the past 24 hours. According to data from CoinMarketCap, Shiba Inu boasts a market cap of $6.25 billion, ranking as the 14 top crypto asset. Also, SHIB has a 24-hour trading volume of over $205 million, showing a drop of 34.93%. Its market dominance is 0.54%.

The price of SHIB dropped over the past seven days and 30 days by 1.33% and 16.56%, respectively. However, SHIB surged by 23.87% over the past 90 days.
Also, Shiba Inu has witnessed a spike in social activity. According to the report from Lunar Crash, SHIB’s social activity reached a three-month high of 47,880. Currently, SHIB is ranked as the 4th top crypto by Twitter following, with about 3.6 million followers on the official page.
Featured image from Pexels and chart from Tradingview.com


The second largest meme coin, Shiba Inu, has gained more traction recently. Though its launch was inspired by Dogecoin (DOGE), Shiba Inu has gradually risen with more functionalities for users. SHIB is attracting more attention from different sectors globally with its operations and performance. ...

USD Coin price	$1.00
Low - High 24H	$0.997619 - $1.00
Market cap	$33.50B
Volume 24H	$4.58B
All time high	$1.17 -14.67% May 8th 2019
All time low	$0.877647 14.01% March 11th 2023
Genesis date	N/A

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