The Supreme People's Court of the People's Republic of China amended the legal norms on the illegal attraction of funds, toughening criminal liability. For raising funds in cryptocurrencies, the authorities have established a punishment in the form of imprisonment for a term of three years or more....
On April 3, the Genesis event of the FEI Protocol took place due to which the network raised over 639,000 Ether - around $1.3 B for its algorithmic stablecoin Fei. More specifically, collected capital will be managed as collateral for minting stablecoins. 639K $ETH committed and $1.3B $FEI...
IDO (Initial DEX Offering) also known as Initial DeFi Offering is a type of fundraising managed on decentralized liquidity exchanges like UniSwap, Balancer, 1INCH, and others. This makes it different from other methods of crypto fundings (ICO, STO, IPO, IEO). Trading on decentralized liquidity...
Silicon Valley US venture company Andreessen Horowitz (a16z) has begun raising funds for investors in a second blockchain-oriented fund with assets up to $450 million, the Financial Times reports. The company expects that due to the continued interest of investors in the industry despite the...
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