PR: Evercoin Announces $1M Pre-Seed Financing With gumi Cryptos and Prominent Blockchain and Open Source Pioneers

San Francisco, CA – Evercoin announced today $1M in pre-seed stage financing from gumi Cryptos and prominent Blockchain and Open Source pioneers. Investors in this round include: Gumi Cryptos Capital Roger Ver — Founder, Executive Chairman of Bitcoin.com Ross Mason — Founder of MuleSoft (sold to Salesforce.com) Marc Fleury — Founder, CEO of JBoss Open … Read more

Money Laundering Scandals Bring Court Charges and Record Job Cuts to Euro Banks

The international financial establishment is known to express concern about the risks of money laundering when the crypto space is mentioned. A string of scandals indicates, however, that traditional banks are not only susceptible to the phenomenon but sometimes complicit, whether knowingly or inadvertently. New chapters have been added to the saga over the last … Read more

Top 7 21st-Century Ponzi Schemes

In the financial world, there will always be people with less than honest intentions. That is only to be expected, primarily because a lot of people want to make money at all costs. Ponzi Schemes are often a great way to attract a lot of money, even though they will always be shut down in … Read more

Blockchain Projects Bloom as Crypto Spring Fuels a Fundraising Boom

As crypto winter subsides, spring has sprung in the cryptosphere, ushering in green shoots of growth across the board. Attention has largely focused on the increase in digital asset prices, as cryptocurrencies have swelled by an average of 40% in 2019. But away from the frothy market action, there is far more tangible evidence that … Read more

Mercado Livre Bans Cryptocurrency Listings Following $750 Million Investment From Paypal

Cryptocurrency listings have been prohibited from publication on Mercado Livre, also known as Free Market, following a $750 million investment into the platform from Paypal. Just prior to the announcement, more than 10,000 listings relating to virtual currencies were identified on the platform. Also Read: Why Africa Continues to Lag Behind in Cryptocurrency Adoption Latin … Read more