IDO has become one of the most popular ways to raise funds in the crypto industry. On what platforms do projects release their tokens, how to participate in the distribution and what is their disadvantage A fundraising method called IDO began to gain traction in 2020 amid growing interest in the DeFi field of decentralized…

In the largest and loudest transaction in history, SpaceX accepted DOGE as payment from Geometric Energy Corporation for launching a Dogecoin-style rocket to the moon (literally). The well-known expression “To the moon” means a sharp, almost “vertical” rise in the rate of any cryptocurrency. Geometric Energy Corporation took it literally and decided to send a…

Bitcoin price gained pace above USD 59,000, but it failed to extend its move to USD 60,000. BTC started a downside correction and traded below USD 58,500. It is currently (12:20 PM UTC) holding the USD 57,500 support and it still might rise again to test USD 60,000 in the near term. Besides, most major…

Sienna is a privacy-first and cross-chain DeFi platform. The Sienna Network, a privacy-focused, cross-chain decentralized finance (DeFi) platform, has raised $11.2 million in a private and public token sale. Of the total amount, $10 million came from long-term investors including NGC, Inclusion Capital, Lotus Capital, FBG, SkyVision Capital and others. Sienna is built on the…