Cryptocurrency lender Nexo has launched an exchange service for a range of digital assets within its mobile app. According to an announcement Monday, the new service provides more than 75 cryptocurrency and fiat currency pairs, with 17 cryptocurrencies supported. There are no limits on the number of exchanges a user can make in the app...Read More
Cryptocurrency derivatives exchange FTX has listed a WallStreetBets (WSB) index quarterly futures contract in a bid to capitalize on the retail trading fervor that exploded in recent days. Announced Thursday via blog post, the basket of markets that make up the contract include stocks being targeted by the Reddit trading group – Nokia (NOK), Blackberry...Read More
Hong Kong-based crypto exchange CEO Global said Saturday one of its founders has been taken away by authority to assist with an investigation for 15 days and it has no idea when he may return. “Affected by the ongoing national crackdown on fraudulent sim cards and bank accounts, the bank account of one of our...Read More
Security token platform Dusk Network has become a shareholder of a Dutch stock exchange for small- and medium-size enterprises (SMEs). Announced Tuesday, Dusk Network’s share acquisition in Nederlandsche Participatie Exchange (NPEX) follows a partnership period where both companies developed pilot projects to further financial product innovation. A representative of Dusk told CoinDesk the stake was...Read More
Upstart crypto exchange LVL wants to take on U.S. giants Coinbase and Gemini by removing trading fees. Announced today, LVL (pronounced “level,” as in playing field) is making its entire service free to use. LVL, which is backed by Morgan Creek Digital’s Anthony Pompliano and Bitcoin advocates Jimmy Song and Willy Woo, previously had no...Read More
South Korea-based exchange Upbit has announced a limited cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks. Scheduled to take effect on Nov. 28, the new restriction will only allow users to withdraw digital assets equal in value to the total of Korean won (KRW) deposited 24 hours after a withdrawal...Read More
The timing couldn’t be better for regulation-focused trading platform Qume, which unveils a revamped set of services Monday. Even in its soft-launch phase, the derivatives exchange has been mopping up customers in the wake of U.S. charges against BitMEX. “We’ve seen an uptick in users with about 2,000 customer sign-ups in the last week,” Aditya...Read More
Kraken is the first cryptocurrency firm to become a bank. On Wednesday, the Wyoming Banking Board voted to approve the San Francisco-based crypto exchange’s application for a special purpose depository institution (SPDI) charter. Kraken is now the first SPDI bank in Wyoming. According to the Wyoming Division of Banking’s general counsel, Chris Land, Kraken will...Read More
When Hong Kong regulators gave crypto firm OSL a nod of approval last week, it was the icing on the cake for the HKEX-listed digital asset trading platform. Hong Kong’s Securities and Futures Commission (SFC) granted BC Group crypto subsidiary OSL an “approval-in-principle” for its license application for Type 1 (dealing in securities) and Type...Read More
INX Ltd. said it will launch its long-awaited landmark initial public offering (IPO) as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange. The net proceeds would be used to: The instruments on offer are a hybrid of utility and security tokens. INX’s sale would mark a milestone...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.
