Silvergate Bank accepted a whopping $2.9 billion in new deposits from new and existing digital currency customers in the fourth quarter 2020, according to an earnings report released on Wednesday. The majority of these new deposits came from crypto exchanges which deposited $1.7 billion more in cash to their accounts quarter-on-quarter. Institutional investor deposits grew...Read More
Xapo, one of the earliest bitcoin custodians, is ending its service to U.S. customers as of March 1, according to a customer email dated Dec. 30 obtained by CoinDesk. “Due to a change in our global business strategy, Xapo, Inc. is leaving the U.S. market and will be closing all U.S. customer Xapo accounts. As...Read More
Crypto Twitter reacts to the announcement and answers the question: Just how big a deal is PayPal? PayPal is rolling out crypto to all its users and increasing transaction limits from $10,000 to $20,000. In this episode, NLW breaks down the community response to the news, including an interesting discussion of whether the company’s BitLicense...Read More
PayPal’s cryptocurrency service is going to expand rapidly in 2021, executives said on the payments giant’s third-quarter earnings call Monday evening. That includes crypto services coming to Venmo and international customers in the first half of 2021, PayPal CEO Dan Schulman said. Currently, only 10% of customers in the U.S. have access to the new...Read More
Coinbase will allow U.S. retail customers to borrow fiat loans against as much as 30% of their bitcoin holdings in the fall, the San Francisco-based exchange announced Wednesday. Coinbase is one of the largest and most regulated crypto exchanges to get into the lending business, and the exchange is setting conservative parameters on the product,...Read More
Bit2Big
Bit2big offers global digital finance solutions based on blockchain, cryptocurrency investments and blockchain services.
With a presence in Switzerland, Nigeria, Rwanda and Uganda we are driving the adoption of blockchain technologies in the east and west Africa.
Transformative, empowering, progressive and integral. At Bit2big we believe in ownership, financial stability and having control over your future.
