Ahmed Rashad, Author at BIGG DIGITAL ASSETS https://biggdigitalassets.com/press-releases/author/ahmed/ Compliance First Crypto Fri, 01 Nov 2024 15:15:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://biggdigitalassets.com/wp-content/uploads/2020/07/cropped-biggfavicon-32x32.png Ahmed Rashad, Author at BIGG DIGITAL ASSETS https://biggdigitalassets.com/press-releases/author/ahmed/ 32 32 BIGG Digital Assets Inc. Hires Adelaide Capital to Provide Investor Relations and Consulting Services https://biggdigitalassets.com/press-releases/bigg-digital-assets-inc-hires-adelaide-capital-to-provide-investor-relations-and-consulting-services/ Tue, 13 Jul 2021 12:07:16 +0000 https://biggdigitalassets.com/?p=5001 VANCOUVER, July 13, 2021 – BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group (“BIG”), a leading developer of Blockchain technology search, risk-scoring and […]

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VANCOUVER, July 13, 2021 – BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group (“BIG”), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce Adelaide a leading investor relations and capital markets advisory firm, to provide investor relations and consulting services to the Company. 

Adelaide is a full-service investor relations firm that brings a unique and powerful perspective and a re-engineered investor relations business model. Adelaide will work closely with BIGG to develop and deploy a comprehensive capital markets program, which includes assisting with non-deal roadshows, virtual campaigns, conferences and assisting with investor communication. In exchange for Adelaide’s services, the Company has agreed to pay a monthly fee of $8,000, plus 25,000 stock options exercisable at a price of $1.40 per share for a period of 24 months. 

Adelaide Capital’s, Victoria Rutherford, commented “We are excited to work with BIGG Digital Assets. The company is at the forefront of compliance and regulation in the crypto markets through its Netcoins and Blockchain Intelligence Group subsidiaries. This is an area where Adelaide continues to see significant growth and expects BIGG to be a market leader.”  

BIGG CEO, Mark Binns, comments “BIGG is very pleased to have Adelaide join our team, to introduce BIGG’s story to a broader range of shareholders in Canada and the US. We have had excellent results working with Adelaide in the past via webinars, and are excited to have them lead our investor relations strategy and communications at this time. BIGG is working towards a number of exciting catalysts, and having Adelaide join now to help get our message out is well timed.” 

Also, pursuant to the Company’s stock option plan and subject to regulatory approval, it has granted stock options to its directors, officers, employees and consultants to purchase an aggregate 2,700,000 common shares in the capital of the Company at an exercise price of $1.40 per common share for a period of five years. The stock options will be subject to vesting requirements over a period of up to 24 months. The securities represented by this grant will be subject to a four-month hold period.

 

On behalf of the Board
Mark Binns
CEO
[email protected]

Investor Relations
Victoria Rutherford
[email protected]
T: 1.480.625.5772

 

About BIGG Digital Assets Inc. 

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Netcoins (netcoins.ca) and Blockchain Intelligence Group (blockchaingroup.io). 

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements. 

 

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com.  Or visit SEDAR at www.sedar.com.

 

Forward-Looking Statements:

Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

The CSE does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

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BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group Hires Former US Treasury AML and Compliance Expert https://biggdigitalassets.com/press-releases/bigg-digital-assets-inc-subsidiary-blockchain-intelligence-group-hires-former-us-treasury-aml-and-compliance-expert/ Tue, 29 Jun 2021 17:37:26 +0000 https://biggdigitalassets.com/?p=4995 Michael Fasanello Joins BIG with AML, Global Sanctions, Risk Advisory Leadership Roles at Public and Private Institutions VANCOUVER, British Columbia, June 29, 2021 — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG, OTC: BBKCF, WKN: A2PS9W), owner of Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring, and data […]

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Michael Fasanello Joins BIG with AML, Global Sanctions, Risk Advisory Leadership Roles at Public and Private Institutions

VANCOUVER, British Columbia, June 29, 2021 — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG, OTC: BBKCF, WKN: A2PS9W), owner of Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring, and data analytics solutions, is pleased to announce the hire of Michael Fasanello, an AML and Global Sanctions subject matter expert (SME) from PNC Bank. Fasanello’s expertise will enhance BIG’s services and products for VASPs, financial institutions, and law enforcement agencies of all sizes. Mr. Fasanello holds a law degree in civil and criminal litigation.

“Global financial institutions are in a high-stakes game as they eye mass adoption of cryptocurrency. BIG gives confidence to businesses adopting cryptocurrency,” said Lance Morginn, President, BIG. “Michael Fasanello brings to BIG an unparalleled combination of public and private AML and global regulatory expertise to help guide BIG’s growth and create additional value for our clients around the world. Michael’s role demonstrates our commitment to growing BIG and further enhancing our product and service offering.”

At BIG, Fasanello will advise executive management on issues surrounding cryptocurrencies as the global markets and regulations evolve, lead insight on regulatory issues relating to cryptocurrencies, support new development of BIG’s Certified Cryptocurrency Investigator course (CCI), as well as lead training for public and private entities around the world. 

Fasanello joins BIG from stints at the US Department of Treasury, PNC Bank, and First National Bank. At PNC, Fasanello was the Assistant Vice President of Anti-Money Laundering and Global Sanctions. Fasanello is an experienced compliance professional with over a decade of experience in the public and private sectors. He specializes in Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), global sanctions, and illicit finance, focusing on digital assets and blockchain intelligence space. 

Fasanello served in various roles in the US Justice and Treasury Departments. During his work with FinCen, he advised the Office of Regulatory Policy in developing and interpreting federal regulations under the Bank Secrecy Act (BSA). Before that, Michael handled Global Economic Sanctions and embargo cases for the Treasury’s Office of Foreign Assets Control (OFAC).

The Company also reports that Robert Whitaker will be stepping down as COO to pursue new challenges in his professional career and within the cryptocurrency space. Mr. Whitaker’s last day is July 2, 2021. 

Mr. Fasanello will take over a majority of Whitaker’s scope and responsibilities related to investigations, training, products, and services. William (Bill) J. Callahan III, previously announced, is taking over operational responsibilities.

“On behalf of the Board of BIGG, I would like to express our deep thanks and appreciation for Robert’s years of enthusiastic service, leadership, and dedication to BIG,” said CEO Mark Binns. “We wish Robert all the best in his future endeavours.”

 

On behalf of the Board
Mark Binns
CEO
[email protected]
T:+1.844.515.2646

 

The CSE does not accept responsibility for the adequacy or accuracy of this press release.

About BIGG Digital Assets Inc.

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Blockchain Intelligence Group (blockchaingroup.io) and Netcoins (netcoins.ca).

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUE™, enabling Law Enforcement, RegTech, Regulators, and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a risk score for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements.

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com.  Or visit SEDAR at www.sedar.com.

Forward-Looking Statements:

Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

The CSE does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

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BIGG Digital Assets Inc. (BIGG) subsidiary Blockchain Intelligence Group partners with NASDAQ Nordic-listed ZignSec https://biggdigitalassets.com/press-releases/bigg-digital-assets-inc-bigg-subsidiary-blockchain-intelligence-group-partners-with-nasdaq-nordic-listed-zignsec/ Mon, 28 Jun 2021 12:10:48 +0000 https://biggdigitalassets.com/?p=4986 Partnership launches seamless crypto compliance and regulatory solution VANCOUVER, British Columbia, June 28, 2021 — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG, OTCQX: BBKCF, WKN: A2PS9W), owner of Blockchain Intelligence Group (www.blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce a partnership with […]

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Partnership launches seamless crypto compliance and regulatory solution

VANCOUVER, British Columbia, June 28, 2021 — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG, OTCQX: BBKCF, WKN: A2PS9W), owner of Blockchain Intelligence Group (www.blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce a partnership with ZignSec AB (www.zignsec.com), a RegTech ecosystem listed on the NASDAQ Nordic stock exchange.

BIG will integrate BitRank Verified® into ZignSec’s compliance marketplace. BIG’s proprietary cryptocurrency analytics are trusted by compliance professionals and investigators at financial institutions and law enforcement agencies around the world. Paired with ZignSec’s aggregator capabilities, customers now can use crypto investigation tools and wallet tracking services offered by BIG, helping simplify and streamline compliance with local Know Your Business (KYB) and Know Your Customer (KYC) regulations.

“The global financial market is embracing cryptocurrency and requires a comprehensive solution to stay compliant in the eyes of regulators around the world. BIG and ZignSec are fully transparent, listed companies well-positioned to be the ultimate trustworthy providers of cutting-edge cryptocurrency and compliance solutions,” said Lance Morginn, President, Blockchain Intelligence Group. “Partnering with ZignSec supports our mission to bring cryptocurrency to the mainstream while creating peace-of-mind in a highly regulated industry.”

Current and future BIG customers get access to value-added compliance capabilities offered by ZignSec. Capabilities include Anti Money Laundering (AML), Politically Exposed Person (PEP), sanctions checks, and online ID verification. After integrating their joint capabilities, customers across ZignSec and BIG ecosystems will enjoy access to seamless KYB/KYC capabilities. Based in Sweden, ZignSec gives BIG an established, go-to-market partner to target European financial centers and institutions. 

“Without a doubt, cryptocurrencies and digital assets are going to play a growing role in financial transactions and investment portfolios but will stay controversial for many authorities. The global market already is extremely fragmented and needs agile risk systems to ensure compliance for those who agree to comply with the rules and even more agile forensics and enforcement tools for those who don’t. The partnership with BIG will make compliance work for providers and authorities much easier,” comments Timm Schneider, CEO of ZignSec.

 

On behalf of Board
Mark Binns
CEO
[email protected]
T:+1.844.515.2646

 

The CSE does not accept responsibility for the adequacy or accuracy of this press release.

About BIGG Digital Assets Inc.

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Blockchain Intelligence Group (blockchaingroup.io) and Netcoins (netcoins.ca).

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUE™, enabling Law Enforcement, RegTech, Regulators, and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a risk score for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements.

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com

About ZignSec AB

ZignSec is a RegTech company that develops and operates a technical platform that has different types of ID verification methods in one place. The methods are used by companies to quickly and safely identify online customers in real time. The company’s customers operate in various industries where identification is important, with the greatest concentration in financial services and iGaming.

Nasdaq First North (ZIGN)

Certified Adviser: Eminova Fondkommission AB, Tel: +46 8 684 211 00

 

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com.  Or visit SEDAR at www.sedar.com.

Forward-Looking Statements:

Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

The CSE does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

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BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group Secures $133k Contract with Blockchain Foundry Inc. for Adoption of Syscoin-Based Assets https://biggdigitalassets.com/press-releases/bigg-digital-assets-inc-subsidiary-blockchain-intelligence-group-secures-133k-contract-with-blockchain-foundry-inc-for-adoption-of-syscoin-based-assets/ Wed, 09 Jun 2021 13:03:34 +0000 https://biggdigitalassets.com/?p=4972 The post BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group Secures $133k Contract with Blockchain Foundry Inc. for Adoption of Syscoin-Based Assets appeared first on BIGG DIGITAL ASSETS.

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VANCOUVER, June 9, 2021 – BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG, OTC: BBKCF, WKN: A2JSKG), owner of Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring, and data analytics solutions, is pleased to announce a partnership with Blockchain Foundry Inc. (blockchainfoundry.com) (“BCF”) (CSE:BCFN) to provide an unparalleled regulatory compliance solution for stablecoin creators. BCF’s senior technical team developed the Syscoin protocol and BCF has built substantial proprietary technology which leverages the Syscoin blockchain.      

BIG and Blockchain Foundry will launch a combined product offering to create scale, transparency, and security for stablecoins. BitRank Verified and QLUE™ will be integrated within the Blockchain Foundry’s on-chain compliance solution and wallet to wallet transaction monitoring capabilities. The combined capabilities produce real-time risk mitigation and more to entities operating stablecoins. 

Security tokens require rule sets and additional checks, and the combined offering will bring trust and compliance to the blockchain, making it accessible for broad adoption. Furthermore, as stablecoins are centrally issued, and regulation stipulates regular checks, entities can now track exchanges on a transactional level with this new joint solution. These entities can apply pre-authorization compliance to each transaction for preventative measures instead of reactive like other solutions without requiring the onboarding to custody solutions. The public nature of BIGG and Blockchain Foundry means added transparency with audit checks at required intervals. The first phase of integration includes BitRank Verified  for which BIG will receive $133k in fees from Blockchain Foundry to seed the initial data set for Blockchain Foundry’s compliance product ahead of its official launch later this year. BitRank Verified  and QLUE™ will be available to customers through Blockchain Foundry’s product integration enabling an additional layer of regulatory compliance for issuers while generating additional revenue for both organizations.

Blockchain Foundry has spent the last year solving custody-free opt-in on-chain compliance in ways that would not negatively impact complexity and fees for users yet allows asset issuers to easily monitor and adjust policies affecting their user-base as required in realtime. With the recent Syscoin Lux release, the protocol now offers the ability for asset issuers to opt-in to enable an on-chain pre-transaction compliance feature unique to Syscoin where business rulesets may be managed offchain but enforced on-chain through a single signature, making it the industry leader for the most lean, efficient and flexible compliance system encompassing digital asset rules and regulations for any jurisdiction. BCF’s Transaction Compliance Fingerprint technology provides regulators with a first of its kind snapshot of the exact pre-transaction compliance rules executed on each transaction. 

“Blockchain Intelligence Group is positioned strongly to support present and future mass adoption of stablecoins and supports transparency,” said Lance Morginn, President, BIG. “By partnering with Blockchain Foundry, a leader in blockchain-based business solutions, we will offer a comprehensive solution for stablecoins, security tokens, and fractionalized NFTs supported on the Syscoin blockchain ecosystem,”

On the new partnership, Jag Sidhu, Chief Technology Officer, Blockchain Foundry said, “We are creating the tools needed for adoption and enablement of stablecoins, commodity based digital assets and digital security tokens operating on public permission-less settlement ledgers through the oncoming and pending regulatory frameworks. Through the use of QLUE and BitRank  offerings we can not only allow for issuers to react to situations requiring regulatory actions but for the first time on a public ledger become preventative to enable compliance in the same ways that traditional financial transfers take place all while the users hold their tokens in their own digital wallets.”

Banks and governments offering stablecoins or Central Bank Digital Currency (CBDC) can monitor in real-time any links to nefarious activities and illicit actors. With QLUE™ as part of the combined product offerings, these entities can now also trace stablecoin transactions starting with Syscoin.

 

###

 

On behalf of the Board

Mark Binns
CEO
[email protected]
T:+1.844.515.2646

 

About BIGG Digital Assets Inc. 

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Blockchain Intelligence Group (blockchaingroup.io) and Netcoins (netcoins.ca).

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUE™, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements.

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and enables crypto transactions via retail locations globally, a self-serve crypto brokerage portal and an Over-The-Counter (OTC) trading desk.

 

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com.  Or visit SEDAR at www.sedar.com.

 

About Blockchain Foundry Inc.

Blockchain Foundry develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients seeking to incorporate blockchain technology into their businesses.

 

Forward-Looking Statements:

Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.

 

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

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BIGG Digital Assets Inc. Subsidiary Netcoins Announces Monthly Revenue Hits Record ~$1.95 Million in May https://biggdigitalassets.com/press-releases/bigg-digital-assets-inc-subsidiary-netcoins-announces-monthly-revenue-hits-record-1-95-million-in-may/ Wed, 02 Jun 2021 14:53:09 +0000 https://biggdigitalassets.com/?p=4960 The post BIGG Digital Assets Inc. Subsidiary Netcoins Announces Monthly Revenue Hits Record ~$1.95 Million in May appeared first on BIGG DIGITAL ASSETS.

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VANCOUVER, June 2, 2021 – BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, is pleased to announce that May 2021 monthly revenues hit a new all time high of ~$1.95 million.1

Further, Netcoins would like to update shareholders with the following key metrics from May:

  • Monthly revenues hit a new record high of ~$1.95 million, up ~22% Month over Month (MoM)
  • Individual Monthly Transactions/Trades grew by 23% MoM
  • Monthly Active Users grew 20% MoM
  • Trading margins continue to track above 1%

All figures are preliminary and unaudited and subject to final adjustment. Numbers above do not include revenue from subsidiary Blockchain Intelligence Group, and hence do not represent complete revenues for BIGG Digital Assets Inc.

Netcoins president, Mitchell Demeter, remarks “Netcoins is very excited to have another record breaking revenue month in the books. The revenue growth demonstrates our customer’s ongoing commitment to Netcoins as their trading platform of choice, and the platform they  continuously recommend to their colleagues, friends and family. This month we welcomed a record number of new customers to trade with us, showing the true network effect of a happy customer base regularly trading the digital assets of their choice. In the month to come, we look forward to launching our mobile trading app, and continuing to serve our customers with exceptional support.

 

On behalf of the Board

Mark Binns
CEO
[email protected]
T:+1.844.515.2646

 

About BIGG Digital Assets Inc. 

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Netcoins (netcoins.ca) and Blockchain Intelligence Group (blockchaingroup.io). 

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements. 

 

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com.  Or visit SEDAR at www.sedar.com.

 

Forward-Looking Statements:

Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

The CSE does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

 

 

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BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group Provides Certified Cryptocurrency Investigator Training to Professional Risk Management, Inc., a provider of Financial Investigator Subject Matter Experts to the United States Government https://biggdigitalassets.com/press-releases/bigg-digital-assets-inc-subsidiary-blockchain-intelligence-group-provides-certified-cryptocurrency-investigator-training-to-professional-risk-management-inc-a-provider-of-financial-investigator-su/ Wed, 12 May 2021 16:10:03 +0000 https://biggdigitalassets.com/?p=4917 The post BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group Provides Certified Cryptocurrency Investigator Training to Professional Risk Management, Inc., a provider of Financial Investigator Subject Matter Experts to the United States Government appeared first on BIGG DIGITAL ASSETS.

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VANCOUVER, Canada, May 12, 2021 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Blockchain Intelligence Group (www.blockchaingroup.io) (“BIG”), a global blockchain investigative, visualization and risk mitigation software company is pleased to announce an agreement with Professional Risk Management, Inc. (PRM), based in Leesburg, Virginia, to provide BIG Certified Cryptocurrency Investigator (CCI) training to 70 PRM financial investigators supporting U.S. law enforcement efforts to stop the illicit flow of illegal proceeds back to transnational criminal organizations. 

BIG’s Certified Cryptocurrency Investigator (CCI) on-demand training includes the history and inner workings of criminal uses of cryptocurrency and blockchain technology.  The CCI training provides a deep dive on the dark web from a law enforcement investigator’s perspective, with a case study about the Silk Road, the largest online illegal drug distribution network, busted by law enforcement in 2013, which utilized Bitcoin as a method of payment. Anti-money laundering, cryptocurrency analysis and blockchain forensics are among the topics covered.  

The training provided by BIG will include the 8-hour, online CCI course, live training webinars and access to BIG’s QLUETM (Qualitative Law Enforcement Unified Edge) which is currently used by Law Enforcement, Banks, Exchanges, and ATM Operators on five continents to perform due diligence and forensic investigations exploring crypto transactions. BIG’s proprietary analytical tool QLUETM, specifically developed with the law enforcement investigator and intelligence analyst in mind, allows for the exportation of public blockchain ledger raw data, and converts it into easy to follow graphs and charts, which can be used as evidence in court.

Lance Morginn, President, BIG, commented, “This training sets a foundation for investigators to confront criminals who utilize cryptocurrency to further their illegal acts.  Together with QLUETM, financial investigators have a powerful tool to identify bad actors and take the profit out of crime.”

PRM specializes in providing expert financial investigative services and related staffing solutions sought by Government and industry.  For over 20 years, PRM financial investigators have been at the forefront of contract financial services that support agency mission objectives.  According to PRM Partner and retired DEA Special Agent Terry Parham: “Our investigators understand the importance of sound financial investigative techniques that address present criminal trends and their use of online virtual currency platforms such as those on the dark web or other social media sites.  This cryptocurrency training offered by BIG undoubtedly enhances our financial services to the Government.”

According to the 2020 DEA National Drug Threat Assessment (NDTA) virtual currencies like Bitcoin have been increasing in popularity, both among the public as well as among criminals, due in part to the ability of virtual currencies to change hands rapidly without limits on the amount being transferred.  Virtual currencies continue to be popular for use on dark web marketplaces as a method for users to anonymously purchase illicit drugs without having to use traditional payment methods that pose a greater risk of exposing the individual’s true identity. Illicit actors have integrated virtual currencies into many different money-laundering methodologies. Drug traffickers and money launderers are increasingly incorporating virtual currency into Trade based Money Laundering activity as the use of these currencies becomes more widely adopted.

 

On behalf of the Board

Mark Binns

CEO

[email protected]

T:+1.844.515.2646

 

About BIGG Digital Assets Inc. 

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Blockchain Intelligence Group (blockchaingroup.io) and Netcoins (netcoins.ca).

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements.

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

 

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com.  Or visit SEDAR at www.sedar.com.

 

Forward-Looking Statements:

Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

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BIGG Digital Assets Inc. Provides Corporate Update and Q&A for Netcoins and Blockchain Intelligence Group https://biggdigitalassets.com/press-releases/bigg-digital-assets-inc-provides-corporate-update-and-qa-for-netcoins-and-blockchain-intelligence-group/ Tue, 11 May 2021 14:36:51 +0000 https://biggdigitalassets.com/?p=4901 The post BIGG Digital Assets Inc. Provides Corporate Update and Q&A for Netcoins and Blockchain Intelligence Group appeared first on BIGG DIGITAL ASSETS.

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VANCOUVER, May 11, 2021 – BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group (“BIG”), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, is pleased to provide a full corporate update including Q&A on common investor inquiries.

 

Blockchain Intelligence Group

Blockchain Intelligence Group has bolstered its services and professional team for growth in 2021. Several hires and strategic decisions have positioned BIG strongly for the next phase of its global marketing push.  

BIG hired a head of global marketing and communications, Mr. Nate Habermeyer, APR, to lead growth. Mr. Habermeyer is an award-winning marketer with global experience. With more than 15 years in Communication and Marketing, Nate has first-hand experience leading omni-channel marketing and growth for large brands to start-ups in Asian, European, and North American markets. He has advised start-ups, governments, and large enterprises on growth from Asia, Europe, North and South America. Additionally, he is a sales mentor to start-ups at two accelerators: Alchemist in San Francisco and Expara Virtech in Singapore. 

BIG also hired William Callahan III, a retired DEA Special Agent in charge (SAC). Mr. Callahan’s focus is Government Affairs and Strategy. Mr. Callahan possesses extensive knowledge and connections in the US government as well as in the financial industry from decades of investigative service.  His skills and expertise are highly complementary to BIG’s COO, Robert Whitaker, also a law enforcement veteran. 

BIG recently made several strategic hires in their software development team to enhance capabilities and features to deliver an unparalleled value to clients.  BIG is creating enhanced value for clients through the following innovative products and services:

QLUE™, the visual forensics platform continues to receive consistent positive feedback on its superior visualization engine, ease of use, accuracy, and dependability compared to other competitive products clients previously used.

BitRank Verified®, a risk-scoring portal for virtual assets service providers, is expanding its depth of reporting capabilities for Ethereum and ERC20 tokens.

BIG’s forensics investigative service is busy working with law enforcement departments and companies to recover stolen crypto as well as individuals and companies that have lost funds through ransomware and or spyware.  

BIG’s Certified Cryptocurrency Investigator training (CCI) course (cryptoinvestigatortraining.com) is expanding educational content and has generated 100 percent positive reviews. In several instances, employers are now telling prospective employees that, if they had their CCI designation, it would increase their chances of being hired. The first we heard about this was one of the big 4 auditing firms and the other, a large financial institution. Both people did take CCI training, passed, and both were hired. 

The BIG growth strategy is focused on building a stronger sales force, establishing new strategic partnerships, and creating a sustainable market entry in leading cryptocurrency markets that are still underserved. BIG is building a customer success division in preparation for the next wave of marketing and extending the customer lifetime value. BIG remains the only retail opportunity for investors interested in deploying capital in the rapidly growing crypto analytics industry. The ever evolving and increasing focus on regulation in crypto is setting the stage perfectly for BIG to succeed on a global scale. As a point of reference, direct competitor, Chainalysis, was recently valued at $2 billion in a private funding round.

 

Netcoins

The last 18 months have been absolutely formative for Netcoins. The business is healthier and stronger than it has ever been, profitable, and perfectly positioned for the next stage of growth. The company has grown from a small team of 8 people to just under 30 amazing individuals, all working diligently to build a simple and secure crypto trading platform for Canadians with industry leading customer support. The marketing efforts have been efficient and well received as Netcoins has managed to reach tens of thousands of users in a short amount of time. The foundation that has been built will now act as the base for continued growth both domestically and internationally. We continue to add personnel to all departments to support and maintain the exponential growth trajectory that we have achieved. We are looking forward to receiving our restricted dealer license in the coming months, launching our highly anticipated mobile app for Android and iOS, launching new revenue generating services such as Netcoins Pay along with borrowing/lending services, geographical expansion, adding new assets and trading pairs, and additional strategic partnerships with other Canadian industry leaders.

 

Q&A:

Q: When will we see more crypto assets / coins on Netcoins?

A: While Netcoins works through the regulator approval process, adding new coins is on hold. As part of a regulated future, the addition of new assets will need to be approved by the BCSC. Once our restricted dealer license is approved, Netcoins plans to add more high volume coins to the platform.

 

Q: When will the Netcoins App be released?

A: The Netcoins App is currently slated to be released in June 2021, as V1.0, for both Android and iOS.

 

Q: When will your restricted dealer license be approved?

A: Netcoins continues to answer questions and actively engage the BC Securities Commision (BCSC) and CSA members on its application for a restricted dealer license. Netcoins has no direct control on the approval timing, but believes significant progress has been made towards the finalization of the license in the past 2 weeks. The application was submitted in September 2020, and novel regulatory products take significant time to come to market. We are hopeful that the license will be granted in May, or June latest.

 

Q: How is Netcoins performing in May so far?

A: While we are only 10 days into May, Netcoins revenue is tracking to set another monthly record. For the first 10 days of May, revenue shows a 35% jump over April. New customer acquisition has also grown by 2.2x (122%) in May over April (first 10 days) while setting all time records. As we get more clarity on our Q2+ growth trajectory, we intend to release updated forward-looking revenue targets.

 

BIGG 

BIGG Digital Assets, as parent company of Netcoins and BIG, continues to execute on its mission as the leader in “Compliance First Crypto” both domestically and globally on a monthly basis. BIGG’s cash and crypto treasury sits at CAD $70-75M currently, floating with the value of Bitcoin and major crypto assets in our Netcoins float and treasury. The overall business operates profitably on a monthly basis, not counting realized or unrealized coin gains or losses from treasury. Our business is simple – support and grow Netcoins and Blockchain Intelligence Group. And we continue to make excellent progress on both.

 

Q: When is the fiscal 2020 audit going to be completed, and why is there a delay?

A: The delay in filing BIGG’s 2020 financials is directly tied to Netcoins, the only crypto brokerage operating in Canada (to our knowledge) that is owned by a listed public company. The scrutiny on public crypto companies, in general, is high and audit companies, and the Canadian Public Accountability Board (CPAB), have accordingly set a very high standard for crypto audits. Coupled with Netcoins significant growth, the sheer volume of transactions to be sampled and tested has taken longer than expected, and our team and auditors are working diligently to complete the audit. We anticipate completion by the end of May currently, and are working hard to meet this goal.

 

Q: Are you going to uplist to the NASDAQ? 

A: The company is keen to uplist in the United States to the NASDAQ to reach more potential investors. That said, there are strict listing requirements, and a significant vetting process, to list on the NASDAQ. As the company continues to grow, and meet minimum NASDAQ listing requirements, we will push for an uplisting. Ideally this occurs in 2H 2021. 

 

BIGG CEO, Mark Binns, comments “BIGG is working hard to achieve our 2021 strategic and growth goals on a weekly and monthly basis. We are seeing tremendous domestic growth in Netcoins, and BIG is extremely well positioned to tackle the ever growing (and needed) regulatory requirements by governments and law enforcement agencies globally. There are growing pains in cutting a path forward in a relatively new asset class, especially as a public company with the high burden of transparency required, but we are up to the challenge. We continue to execute, grow, and overcome business challenges on a path to being a preeminent Canadian public crypto company. We have upcoming investor conferences with the OTC Markets Group and FRC Research – both on May 20th – where we look forward to providing further updates on BIGG to our Canadian, US and international investors. We appreciate the crypto markets, including crypto stocks like BIGG, are highly volatile but we remain focused on building long term value in our business and subsidiary companies for our valued shareholders.”  

 

On behalf of the Board

Mark Binns
CEO
[email protected]
T:+1.844.515.2646

 

About BIGG Digital Assets Inc. 

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Netcoins (netcoins.ca) and Blockchain Intelligence Group (blockchaingroup.io). 

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements. 

 

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com.  Or visit SEDAR at www.sedar.com.

 

Forward-Looking Statements:

Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

The CSE does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

 

The post BIGG Digital Assets Inc. Provides Corporate Update and Q&A for Netcoins and Blockchain Intelligence Group appeared first on BIGG DIGITAL ASSETS.

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BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group partners with Uncharted Software to offer diverse data evidence collection https://biggdigitalassets.com/press-releases/bigg-digital-assets-inc-subsidiary-blockchain-intelligence-group-partners-with-uncharted-software-to-offer-diverse-data-evidence-collection/ Thu, 06 May 2021 14:46:54 +0000 https://biggdigitalassets.com/?p=4892 The post BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group partners with Uncharted Software to offer diverse data evidence collection appeared first on BIGG DIGITAL ASSETS.

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VANCOUVER, May 6, 2021 – BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring, and data analytics solutions, is pleased to announce a partnership with Uncharted Software Inc. (uncharted.software), an award-winning provider of innovative data visualization solutions. 

This strategic partnership will allow investigators and analysts to exploit complex cryptocurrency related data and make it possible for anyone in law enforcement to incorporate and comprehend this data as part of criminal investigations or intelligence cases. By combining cryptocurrency data with other sources such as call detail records, Cellebrite UFED, GPS, Google, UBER, Lyft, Berla, social media, and other data types, investigators are able to see a clear picture of a suspect’s activities. 

Some of the capabilities law enforcement professionals will benefit from: 

  1. Cryptocurrency transactional data added to GeoTime® by Uncharted®, the only 3D mapping and analysis tool for investigators and analysts. 
  2. Visualize communication and location information with the most advanced analysis and reporting tools in law enforcement which can now incorporate BIG’s proprietary blockchain data.
  3. Investigators can track and trace illicit activities involving Bitcoin (BTC), Bitcoin Cash (BCH) and Bitcoin SV (BSV), Ethereum (ETH, ERC20 tokens), Litecoin (LTC), and Omni layer-Tether. 

“Technologically savvy criminals use cryptocurrency to finance crimes and evade detection by the authorities. It’s our mission to put advanced, simple-to-use, and reliable crypto analytics in the hands of law enforcement,” said Lance Morginn, President, BIG. “By partnering with Uncharted, a leader in investigative solutions for law enforcement, we are fulfilling our mission to equip law enforcement to fight crime in the era of crypto.”

To kick-off the new partnership, BIG and Uncharted hosted a webinar for active law enforcement analysts and investigators, highlighting how QLUE™ and GeoTime Enterprise can work together to help make sense of cryptocurrency data.

“In the last few years, we’ve seen cryptocurrency play a role in many investigations ― it’s a growing problem for investigators who aren’t always equipped to work with this type of data,” said Curtis Garton, Managing Partner and Director of Product at Uncharted. “Our partnership with BIG will help investigators and analysts make sense of  cryptocurrency data by giving them the tools to layer it with other data such as call records and social media providing them a more complete view of their investigation.”

###

About BIGG Digital Assets Inc. 

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Blockchain Intelligence Group (blockchaingroup.io) and Netcoins (netcoins.ca).

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUE™, enabling Law Enforcement, RegTech, Regulators, and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements.

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

 

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com. Or visit SEDAR at www.sedar.com.

 

About Uncharted Software

Uncharted® (www.uncharted.software) is an award-winning provider of innovative data visualization solutions. Uncharted invents, builds, and deploys profoundly visual software for improved awareness, analysis, and decision-making in the most challenging information environments. Used by hundreds of thousands in government, law enforcement, and industry every day, Uncharted’s creative innovations combine visual languages of expression and interaction with advanced analytics to maximize the ability of human and machine. 

GeoTime® by Uncharted® is a powerful visual analysis and mapping software for law enforcement, used primarily for investigative cases involving call detail records, mobile forensic data, GPS, location-tracking data, and social media data.  GeoTime is currently used by law enforcement and public safety agencies in over 26 countries for criminal investigations, analysis, surveillance operations and courtroom presentation.

 

For more information, please visit our website at https://geotime.com/

 

Forward-Looking Statements:

Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

The CSE does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

The post BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group partners with Uncharted Software to offer diverse data evidence collection appeared first on BIGG DIGITAL ASSETS.

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BIGG Digital Assets Inc. Subsidiary Netcoins Announces Revenue Grew 31% Month over Month in April 2021 https://biggdigitalassets.com/press-releases/bigg-digital-assets-inc-subsidiary-netcoins-announces-revenue-grew-31-month-over-month-in-april-2021/ Wed, 05 May 2021 12:35:58 +0000 https://biggdigitalassets.com/?p=4880 The post BIGG Digital Assets Inc. Subsidiary Netcoins Announces Revenue Grew 31% Month over Month in April 2021 appeared first on BIGG DIGITAL ASSETS.

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VANCOUVER, May 5, 2021 – BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, is pleased to announce that April 2021 monthly revenues grew by an  impressive 31% Month over Month (MoM), and trading volumes set another consecutive monthly record at ~$147 million1.

Further, Netcoins would like to update shareholders with the following key metrics from April:

  • Monthly revenues hit a new record high of ~$1.55 million 
  • Monthly Active Users has grown by 37% MoM
  • Daily verified users (full KYC) grew by 38% MoM
  • Trading margins continue to track above 1% 

All figures are preliminary and unaudited and subject to final adjustment. Numbers above do not include revenue from subsidiary Blockchain Intelligence Group, and hence do not represent complete revenues for BIGG Digital Assets Inc.

Netcoins president, Mitchell Demeter, remarks “In April we set another new high watermark for revenue and transactions on the Netcoins platform. Our customers continue to find amazing support from our team and product, and we continue to welcome a high volume of new customers to crypto investing and trading each month. We also continue to scale our infrastructure to support our customers with a seamless technology experience. We look forward to providing more updates as the business grows.“ 

 

On behalf of the Board

Mark Binns
CEO
[email protected]
T:+1.844.515.2646

 

About BIGG Digital Assets Inc. 

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Netcoins (netcoins.ca) and Blockchain Intelligence Group (blockchaingroup.io). 

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements. 

 

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com.  Or visit SEDAR at www.sedar.com.

 

Forward-Looking Statements:

Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

The CSE does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

The post BIGG Digital Assets Inc. Subsidiary Netcoins Announces Revenue Grew 31% Month over Month in April 2021 appeared first on BIGG DIGITAL ASSETS.

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BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group hires William J. Callahan, III as Director of Government & Strategic Affairs https://biggdigitalassets.com/press-releases/bigg-digital-assets-inc-subsidiary-blockchain-intelligence-group-hires-william-j-callahan-iii-as-director-of-government-strategic-affairs/ Tue, 04 May 2021 14:31:29 +0000 https://biggdigitalassets.com/?p=4870 The post BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group hires William J. Callahan, III as Director of Government & Strategic Affairs appeared first on BIGG DIGITAL ASSETS.

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VANCOUVER, Canada, May 3, 2021 — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Blockchain Intelligence Group (www.blockchaingroup.io) (“BIG”), a global blockchain visualization and risk mitigation software company, is pleased to announce the appointment of William J. Callahan, III, as the Director of Government & Strategic Affairs. 

Callahan served over two decades in various law enforcement positions with the Drug Enforcement Authority (DEA). He first joined the DEA in early 2000. He held senior leadership positions including the New York Organized Crime Drug Enforcement Strike Force, High-Intensity Drug Trafficking Area, and recently at the Inspection Division Office of Inspections, Administration and Operational Support Unit

Callahan served as Special Agent in Charge (SAC) of the DEA, St. Louis division, before which he was Assistant Special Agent in Charge, DEA New York Division. He was also Associate Deputy Chief Inspector, Office of Inspections, DEA Headquarters, Arlington, where he ensured DEA’s compliance with Department of Justice and DEA policy.

Callahan brings deep expertise in data privacy and global anti-money laundering (AML), sanctions, policy, and government matters. He will work closely with Robert Whitaker, COO and Lance Morginn, President, to enhance relationships with law enforcement, regulators and government agencies globally.

“William Callahan’s wealth of expertise in financial intelligence, global policy, and investigations will strengthen our customer-centric service offering,” said Lance Morginn, President, Blockchain Intelligence Group. “William Callahan’s expertise further ensures our customers get the most sophisticated blockchain analytics to combat bad actors using cryptocurrency.”

“I am thrilled to join Blockchain Intelligence Group to support our growth for crypto businesses, financial institutions and law enforcement and financial investigators,” said Callahan.

Callahan will lead strategic and government initiatives. He will be responsible for translating his service knowledge to BIG products and services; he will further add value by ensuring the right partnerships are in place to help BIG scale globally.

 

On behalf of the Board

Mark Binns
CEO
[email protected]
T:+1.844.515.2646

 

About BIGG Digital Assets Inc. 

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Netcoins (netcoins.ca) and Blockchain Intelligence Group (blockchaingroup.io). 

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements. 

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com.  Or visit SEDAR at www.sedar.com.

 

Forward-Looking Statements:

Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe”, and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology. Generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

The CSE does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

The post BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group hires William J. Callahan, III as Director of Government & Strategic Affairs appeared first on BIGG DIGITAL ASSETS.

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