Logan Paul to ‘buy back’ CryptoZoo NFTs a year after promising refunds

YouTuber and social media influencer Logan Paul is set to refund certain disgruntled investors of his once ambitious CryptoZoo nonfungible token (NFT) game — a year after he promised NFT buyers recourse.  Logan said the “buy back” program will be funded by $2.3 million he is personally committing and will involve buying back Base Eggs […]

Zcash founder Zooko Wilcox steps down from Electric Coin, naming new CEO

Zooko Wilcox is stepping down as the CEO of Electric Coin Company, the team behind privacy-focused cryptocurrency Zcash (ZEC). ECC announced a change in leadership on Monday, with Josh Swihart promoted to replace Wilcox. Picture of Wilcox speaking about the history of privacy on the internet. Source: ECC Swihart previously worked at ECC as one […]

Unofficial Arweave forking plans draw community controversy

Irys, a prominent layer-2 network within the Arweave ecosystem, allegedly has plans to fork the Arweave network with the intent to “drop the dataset and reset the token supply,” according to a Dec. 17 post by Arweave founder Sam Williams. He alleges that despite the existence of a safe upgrade mechanism with Arweave, Irys developers plan […]

SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, AVAX, DOGE

The S&P 500 Index (SPX) rose 2.49% last week, extending its string of weekly gains to seven weeks, the longest such winning streak since 2017. However, Bitcoin (BTC) could not maintain its momentum and succumbed to profit-booking by the bulls. Trading resource Material Indicators said in a X (formerly Twitter) post that “ year-end profit […]

Zilliqa on-chain transactions plunge amid ‘technical issue’

The $383 million Zilliqa ecosystem is experiencing disruptions due to a “critical situation” impacting the network. According to a Dec. 18 post by developers, the Zilliqa blockchain faces a “technical issue that has resulted in an interruption to block production.” Blockchain data shows that daily transactions on Zilliqa subsequently plunged by roughly 50% to 30,906, […]

Trader gambles $226k on Solana memecoin, gets to $1.69M in five days

The Solana (SOL) memecoin frenzy continues as a trader turns $226,000 into well over $1.6 million by gambling on a token with a beanie-wearing dog as its mascot.  Between Dec. 13 and Dec. 15, a crypto trader bought over 19 million Dogwifhat (WIF) tokens, a dog-themed memecoin, as it debuted on the markets within the […]

Solana Saga sells for up to $5K on eBay as Bonk frenzy causes sell-out

A Solana Saga phone appears to have sold for as much as $5,000 on eBay — more than eight times its retail cost — after a frenzy to pick up a free memecoin airdrop caused the devices to sell out on the official website for the first time.  According to a Dec. 16 listing on […]

Blockchain-based private loans hit $582M, doubling from last year

Blockchain-based lending is regaining momentum this year, with the value of active tokenized private credit now sitting at $582 million — a staggering 128% increase from a year ago. While still far off from its peak of $1.5 billion in June 2022, according to data from real-world asset loan tracker RWA.xyz, the resurgence could signal […]

Hodler’s Digest, Dec. 10-16 – Cointelegraph Magazine

Top Stories This Week BlackRock revises spot Bitcoin ETF to enable easier access for banks BlackRock has revised its spot Bitcoin exchange-traded fund (ETF) application to make it easier for Wall Street banks to participate by creating new shares in the fund with cash rather than just crypto. The new in-kind redemption “prepay” model will […]