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NFT 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…

NFT Web3 company Yuga Labs is behind several popular NFT collections, including Bored Ape Yacht Club, Cryptopunks, Mebits, and Narrative NFT Project 10KTF. It also runs Otherside, a boring app-themed game and virtual world. The agreement aims to increase engagement among each company’s communities “by exploring the intersection of fashion and entertainment in the metaverse,” they said in a press release. “We are excited to unveil this multifaceted partnership with Yuga Labs, a leading and creative developer of Web3 technology,(…) This will give us an active role in the continuing narrative of The Otherside and 10KTF, which manifests itself in…

Blockchain On its Base network, Coinbase is experimenting with “flatcoins.” Coinbase recently stated that “flatcoins,” or inflation-pegged stablecoins, will be required for the Base network to be established. This is one of four essential advancements that will be developed on the exchange’s layer-2 network. The other three are an on-chain reputation system, an on-chain limit order book (LOB) exchange, and tools to make the DeFi ecosystem more secure. Since most stablecoins are tied to the US dollar or a fiat currency, this might be a dangerous move for an exchange. Coinbase’s flatcoins will be backed by the price of living.…

Those who have been around crypto for a while will understand the agony of sending tokens to the wrong address or network and losing them forever. However, how many understand what it feels like to lose a rare and highly valued CryptoPunk as the result of a fumbled transaction? That is the kind of pain one investor, Brandon Riley, is going through after permanently destroying his $129,000 NFT while attempting to ‘wrap’ it.Riley bought the piece for 77 ETH less than two weeks ago, and planned to keep it for the next ten years. However, on March 19, he decided…

Blockchain Introduction How Does Blockchain Support Data Privacy? Decentralization and Distributed Ledger Cryptography, Encryption, and Information Protection Smart Contracts, Digital Identity, and Data Breach Prevention Pseudonymity, Privacy Layers, and Scalability Tokenization, Cybersecurity, and Homomorphic Encryption Privacy by Design, Blockchain Regulation, and Compliance Conclusion FAQ Introduction Data privacy has become a significant concern in the digital age, as the amount of sensitive information being transmitted and stored online continues to grow. With this in mind, various technologies are emerging to enhance the protection of user information. One such technology is blockchain, which offers numerous features to support data privacy and security.…

NFT An NFT trader was devastated Friday to discover that a CryptoPunk he purchased for 77 Ethereum went up in smoke after he accidentally sent the pricy piece of digital art to a burn address. Today I accidentally burned a @cryptopunksnfts trying to wrap punk 685. I was so focused on following the instructions exactly, that I slipped up, destroying a third of of my net worth in a single transaction. @yugalabs please sell me the @v1punks 685 as a consolation. ???????? pic.twitter.com/jHoTGvlc7j — Brandon Riley (@vitalitygrowth) March 25, 2023 Burn addresses, which are digital wallets that don’t have a…

Another mobile game enters the web3 gaming scene as Blast Royal prepares to hold their first NFT mint. Known as ‘Corpos’, these NFTs from Blast Royale are PFPs with ongoing utility that also function as in-game characters. Blast Royale prepares to hold a free mint for their Corpos NFTs. It’s probably too late to get onto the whitelist for this sale, but there is a chance for public mint. The whitelist sale begins at 5pm UTC with the public sale opening two hours later. The mint will be held on Magic Eden at https://polygon.magiceden.io/launchpad/blast_royale_corpos Free mints are an increasingly common…

NFT An artist featured by the renowned auction house Sotheby’s said Saturday he would withdraw his art from an NFT sale that’s currently underway, citing a lack of representation of female-identifying artists. Patrick Amadon, whose work revolves around the visual style known as “glitch art,” said Sotheby’s “Natively Digital: Glitch-ism” should have been more inclusive. “While I believe it was a genuine oversight and the team means well, the lack of representation is a serious issue and we need to address this in our space,” he said on Twitter. “Female-identifying artists have played a major role in the glitch movement.”…

NFT Lee Mullican’s physical paintings reside in the permanent collections of the The Museum of Modern Art (MoMA), the Los Angeles County Museum of Art (LACMA), and other prestigious institutions—but the late artist was also an early digital experimenter, and some of his decades-old compositions have been tokenized and released as NFTs. On Thursday, NFT art platform Feral File released “LeeMullican.PCX,” a collection of 12 digital pieces created by Mullican in 1987. Each piece was made using the PC Paintbrush app on an IBM 5170 in the titular file format and saved on 5 ¼-inch floppy discs. Mullican, who passed…

Blockchain The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. UBS’ decision to acquire its rival, Credit Suisse, has, of course, shaken up the financial industry once again. It comes a week after the collapse of Silicon Valley Bank (SVB) and Signature Bank in the United States, signaling that the financial situation is far from improving. This, of course, is also a sign that an upgrade to our financial system is long overdue. UBS will be paying 3 billion Swiss francs (around $3.2 billion) for the acquisition,…