fbpx
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Wednesday, October 4, 2023
Online Crypto College
CREATE FREE ACCOUNT
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
Online Crypto College
No Result
View All Result

BIGG Digital Assets Inc.Releases Q1 Result, Revenue Hits up to $2.5m

May 31, 2022
in Blockchain
Reading Time: 2 mins read
A A
BIGG Digital Assets Inc.Releases Q1 Result, Revenue Hits up to $2.5m
ShareShareShareShareShare

Canada-based cryptocurrency company BIGG Digital Assets Inc. announced its financial results for the first quarter of 2022, with total quarterly revenue of $2.5 million. 

Related articles

Sygnum Singapore Secures MPI License from MAS

Sygnum Singapore Secures MPI License from MAS

October 4, 2023
Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

October 3, 2023

In the quarter income, its subsidiary Blockchain Intelligence Group contributed $530,000, whereas digital trading app Netcoins of $1.97 million.

The Vancouver-based cryptocurrency compliance and real-time intelligence subsidiary of BIGG Digital Assets Inc, named Blockchain Intelligence Group (“BIG”), reported a 76% sequential increase in revenue in the first quarter.

The company said that as of April 30, it had about 575 bitcoins worth about $22 million in total. Blockchain Intelligence Group currently supports 11 blockchains and over 372,000 ERC-20 tokens and plans to expand the blockchain further.

BIGG Digital Assets Inc invests in products and companies within the cryptocurrency industry.

The company operates two business segments: Blockchain Technology Development and Digital Currency Sales via the Netcoins App.

Netcoins outperformed the broader market with revenue of $1.97 million in the first quarter, down 29% sequentially compared to the industry average of 37.7%.

BIGG CEO Mark Binns explained the whereabouts:

“Netcoins, despite a pullback in trading volumes and revenue, exceeded industry norms for the quarter, and we believe we gained market share in Canada. Coinbase, for comparative purposes, saw a 58% decline in retail trading volume in Q1 vs Q4. Our customer base grew by 24% in Q1, and as volume and volatility returns to the market, we are very well positioned to take advantage.”

BIGG has also invested in TerraZero and acquired about 30% of the ownership. In the future, BIGG will continue to develop its main business and invest in emerging businesses.

Blockchain Intelligence Group “BIG” added the Dash and Dogecoin cryptocurrencies to its ecosystem of data tools that can be tracked and risk assessed by exchanges, banks, and law enforcement.

Image source: Shutterstock

Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin Hits a 2-Month High as BTC Lightning Network Scales the Heights

Next Post

Cardano leads large caps with 31% gain, what’s behind the move?

Related Posts

Sygnum Singapore Secures MPI License from MAS

Sygnum Singapore Secures MPI License from MAS

October 4, 2023

Sygnum Singapore's announcement on 3rd October 2023 concerning its acquisition of a Major Payment Institution Licence (MPIL) from the Monetary...

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

October 3, 2023

Binance has recently come into collaboration with the Royal Thai Police to aid in the disbanding of major crypto fraudulent...

Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX

Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX

October 3, 2023

On October 2, 2023, plaintiff Nir Lahav filed a class-action lawsuit in the District Court of Northern California against Binance...

Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion

Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion

October 3, 2023

On October 2, 2023, NYSE Arca and Grayscale Investments took a significant step in the regulated crypto investment landscape by...

Precedent Trial of SBF Engrosses Coinbase Executives as FTX Faces Judicial Scrutiny

Precedent Trial of SBF Engrosses Coinbase Executives as FTX Faces Judicial Scrutiny

October 3, 2023

On the morning of October 4, 2023, a significant legal event will unfold as Judge Kaplan begins the criminal trial...

Load More
Next Post
Cardano leads large caps with 31% gain, what’s behind the move?

Cardano leads large caps with 31% gain, what's behind the move?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Bitcoin, Solana products lead first crypto investment inflow since mid-August

Bitcoin, Solana products lead first crypto investment inflow since mid-August

October 2, 2023
2023 Forex Trading Summit, Ho Chi Minh City

2023 Forex Trading Summit, Ho Chi Minh City

September 29, 2023
Gary Gensler avoids questions about XRP lawsuit

Gary Gensler avoids questions about XRP lawsuit

September 27, 2023
Dates To Watch Post-Interlocutory Appeal Win

Dates To Watch Post-Interlocutory Appeal Win

October 4, 2023
Solana Co-founder Labels Ethereum ‘Bourgeois Digital Tyranny

Solana Co-founder Labels Ethereum ‘Bourgeois Digital Tyranny

October 3, 2023

About Us

We provide the latest crypto news, trading tools, and up-to-date education to students and traders all over the world.

ENROLL FOR FREE

Latest Crypto Headlines

  • Ethereum futures ETFs on CME begin with light trading volumes
  • Experts Foresee Bitcoin ($BTC) at $30K Next Month; Whales Dive into Filecoin ($FIL) and InQubeta ($QUBE)
  • Dates To Watch Post-Interlocutory Appeal Win
  • Bitcoin Price Prediction: BTC Rises 4% Despite US Wallet Ban & O … – Cryptonews
  • SBF Trial: Day 1 concludes without a final jury selected
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$27,601.000.13%
  • ethereumEthereum(ETH)$1,649.34-0.74%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$212.78-1.17%
  • rippleXRP(XRP)$0.535.03%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • staked-etherLido Staked Ether(STETH)$1,648.71-0.88%
  • solanaSolana(SOL)$23.64-2.85%
  • cardanoCardano(ADA)$0.257833-1.53%
  • dogecoinDogecoin(DOGE)$0.061210-1.15%
  • tronTRON(TRX)$0.0892461.70%
  • ToncoinToncoin(TON)$2.02-2.11%
  • Wrapped stETHWrapped stETH(WSTETH)$1,864.220.34%
  • matic-networkPolygon(MATIC)$0.593.68%
  • polkadotPolkadot(DOT)$4.05-2.01%
  • litecoinLitecoin(LTC)$64.55-2.32%
  • bitcoin-cashBitcoin Cash(BCH)$232.30-3.63%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,578.00-0.04%
  • shiba-inuShiba Inu(SHIB)$0.000007-0.65%
  • chainlinkChainlink(LINK)$7.57-0.80%
  • daiDai(DAI)$1.000.11%
  • avalanche-2Avalanche(AVAX)$9.774.09%
  • leo-tokenLEO Token(LEO)$3.720.07%
  • true-usdTrueUSD(TUSD)$1.000.11%
  • uniswapUniswap(UNI)$4.34-3.50%
  • stellarStellar(XLM)$0.1135731.86%
  • moneroMonero(XMR)$148.611.64%
  • okbOKB(OKB)$43.19-0.07%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • binance-usdBUSD(BUSD)$1.00-0.01%
  • ethereum-classicEthereum Classic(ETC)$15.64-4.36%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • cosmosCosmos Hub(ATOM)$7.04-2.71%
  • hedera-hashgraphHedera(HBAR)$0.048740-3.19%
  • filecoinFilecoin(FIL)$3.32-0.70%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • lido-daoLido DAO(LDO)$1.611.55%
  • internet-computerInternet Computer(ICP)$3.171.48%
  • crypto-com-chainCronos(CRO)$0.050187-0.75%
  • MantleMantle(MNT)$0.408194-0.93%
  • makerMaker(MKR)$1,425.95-2.40%
  • quant-networkQuant(QNT)$88.23-0.52%
  • AptosAptos(APT)$5.31-1.80%
  • vechainVeChain(VET)$0.016647-3.14%
  • optimismOptimism(OP)$1.32-4.25%
  • ArbitrumArbitrum(ARB)$0.89-4.22%
  • nearNEAR Protocol(NEAR)$1.09-2.35%
  • KaspaKaspa(KAS)$0.050101-1.52%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%