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.
A board member at Swiss luxury goods maker Richemont has said luxury goods companies could use blockchain to bring transparency to their supply chain.
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.
Blockchain platform developer Qulian Technology has closed one of the biggest blockchain-focused VC rounds ever.
Chen Weixing, founder of Chinese ride-hailing app Kuaidi Dache, is planning to build a blockchain-based application for ride-sharing.
China expects to form its national blockchain standards committee by the end of 2018, according to an IT ministry official.
Reports from anonymous sources in China indicate the country's top financial regulator may be close to cracking down on initial coin offerings.
Reports from China suggest regulators may be close to taking action against entrepreneurs seeking to launch domestic token sales.
The executive branch of China's government has released new rules on fundraising that could lead to closer oversight of initial coin offerings.
Initial coin offerings are fast becoming the only way to raise money in the blockchain industry, topping $1.6 billion in all-time funding.