VC Roundup: Web3 funding hits $5.4B in 2024

Matter Labs co-founder and CEO Alex Gluchowski has proposed an Ethereum court system resembling a hierarchical court system similar to the real world.In a Sept. 2 post on X (Twitter), Gluchowski floated the idea for an “Ethereum Supreme Court” — which would work similarly to the United States Supreme Court — serving as a final

Coming every Saturday, 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 Week Twitter’s top brass gutted as Elon Musk’s takeover begins Elon…

United States federal law enforcement agency, the U.S. Marshals Service (USMS), is looking to set up an agent for managing confiscated cryptocurrency, according to public documents released on March 5.The USMS has recently published two draft documents including a Request for Information (RFI) for legal procedures of the management and disposal of forfeited crypto assets.As…

Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners’ reserves.

In an interview with The Financial Times, SEC chair Gary Gensler said he is working on a memorandum of understanding with the agency’s digital asset market co-regulator. 530 Total views 6 Total shares United States Securities and Exchange Commission (SEC) chair Gary Gensler is in talks with Commodity Futures Trading Commission (CFTC) officials on a…

Silicon Valley Bank was rated as one of the top banks in America for five years running prior to its closure by U.S. regulators in March 2023. Own this piece of history Collect this article as an NFTSilicon Valley Bank (SVB) has suffered a major fall from grace following half a decade of being rated…

USDC issuer Circle Inc. previously released a euro-backed stablecoin that is regulated in the United States. 855 Total views 7 Total shares Own this piece of history Collect this article as an NFTFinnish company Membrane Finance has released a fully-reserved stablecoin backed by the euro, according to a Feb. 2 blog post from the company.…

Bitcoin bulls fight to hold the $40,000 level as support while many altcoins sell-off due to profit taking. 2769 Total views 22 Total shares Altcoin’s recent gains have come under pressure as Bitcoin (BTC) price dropped to retest lower support levels after reaching a new all-time high at $41,940. Following Bitcoin’s Jan. 7 push above $40,000,…

The vulnerability allegedly allows Web3 apps using the Starknet protocol to bypass the security protection of private keys in MPC wallets, potentially exposing users' private keys to wallet providers. 474 Total views 4 Total shares Own this piece of history Collect this article as an NFTCertain multisignature (multisig) wallets can be exploited by Web3 apps…