A public blockchain project founded by former members of Alibaba’s blockchain arm has raised over $20 million in a combined token and equity sale.
New Crypto Exchange Draws Fire Over Controversial Business Model
FCoin has launched to spiking trading volumes by utilizing a new revenue model called “trans-fee mining,” but the method has been likened to an ICO.
Chinese Ride-Hailing App Founder Wants to Build a Blockchain ‘Uber’
Chen Weixing, founder of Chinese ride-hailing app Kuaidi Dache, is planning to build a blockchain-based application for ride-sharing.
China Poised to Form Blockchain Standards Committee This Year
China expects to form its national blockchain standards committee by the end of 2018, according to an IT ministry official.
Indian Banks Select Microsoft As Exclusive Cloud Blockchain Provider
A group of India-based banks have struck a new strategic partnership with US tech giant Microsoft.