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Private Equity Group Advent Acquires Cobham for £4 Billion in Cash


Defense supply is one of the biggest industries in the world and it is perhaps the only industry that is recession-proof. It doesn’t matter whether a nation is going through an economic downturn, but it is going to continue to spend on its defense. As a matter of fact, defense expenditure at...

G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra


G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue...

Spain Thwarts Bitcoin ATM Scam, Prompting Regulatory Debate Worldwide


Bitcoin ATMs are not currently governed by EU money laundering regulations, and arrests coordinated by Spanish police and Europol in May are bringing new focus to this loophole. A group of eight Spanish and Latin American individuals have been arrested, along with several of their associates,...

Binance Adds Margin as Exchange Competition Heats Up


This week, the world’s largest exchange by trading volume, Binance, launched margin trading. In doing so, it made the elite group of exchanges that offer crypto derivatives less exclusive than it once was. Binance, Kucoin, and Bitmax have all rolled out margin products this year, in a bid...

V20 Summit Concludes With Promises for Crypto Industry


As the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. A group of national crypto associations aims to engage with government agencies...

BCH Development Fund Doubles Its Goal After a Successful Month


In May, a group of Bitcoin Cash (BCH) supporting businesses and individuals launched a fundraiser to support BCH development. Since then the fundraiser has received massive support and so the organizers have decided to double the goal to 1600 BCH by August 1, 2019. Moreover, other projects have...

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