VC Roundup: Web3 funding hits $5.4B in 2024

The Synthetix protocol’s native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain its $1 peg. The asset has faced persistent instability since the start of 2025. On Jan. 1, sUSD dropped to $0.96 and only rebounded to $0.99 in early February. Prices continued to fluctuate

Multinational telecommunications company Vodafone is exploring blockchain’s capabilities to improve its supply chain.By integrating blockchain into its internal processes, Vodafone aims to advance its supply chain by promoting and verifying a number of suppliers through a digital identity platform dubbed Trust Your Supplier, the company announced on March 6.To implement diversity criteriaThe announcement further explained…

Japan’s Shinsei Bank has signed a Memorandum of Understanding (MoU) with blockchain startup ConsenSys to widen its exploration of the technology’s applications for finance, Cointelegraph Japan reports Nov. 8.According to an English-language press release published the same date, the MoU entails a business alliance between Shinsei Bank, Hong Kong-based restricted license bank Nippon Wealth, Singaporean…

Earlier this year, Ripple CEO Brad Garlinghouse responded to controversy surrounding XRP movements by saying that Ripple cannot control the price of its associated token any more than Bitcoin (BTC) whales control the price of the seminal cryptocurrency.Regarding Ripple’s relationship with XRP, he said, “In the XRP community, Ripple is the largest owner, and the…

Software development behemoth Oracle is suing blockchain startup CryptoOracle, alleging trademark infringement and cybersquatting.Cybersquatting and trademark infringementTechnology market news outlet Computer Reseller News (CRN) reported on Aug. 15 that Oracle sued CryptoOracle alleging trademark infringement and cybersquatting in the Northern District of California. Wikipedia states that cybersquatting “is registering, trafficking in, or using an Internet domain…

Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.Top Stories This WeekTrump tweets opposition to crypto, specifically Libra and BitcoinShrinking violet Donald Trump doesn’t often…

Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.

Another week, another attempt to break higher meets resistance.Bitcoin (BTC) entered the week surging past $12,000 only to retrace below that key level as altcoins continue to rise and fall.At the same time, it appears Ethereum’s well-documented problems have caught up to it faster than the blockchain can confirm transactions right now.Cryptocurrency market weekly performance.…