The ICE’s bitcoin futures trading platform Bakkt is delaying its product launch. The U.K.’s FCA is considering a ban on some cryptocurrency-based derivatives, a senior executive has said.The Alabama Securities Commission is taking a hard stance on would-be ICO frauds.The U.S. Department of Justice is increasingly focusing a months-long investigation into crypto market … [Read more...] about Bakkt delays its launch until next year
Bakkt
Bakkt president Adam White announces his departure from the platform
Adam White, the executive founder of Bakkt, has officially announced his departure from the digital assets platform. White took to Twitter to announce that he will be leaving Bakkt, where he served as a chief executive officer and president of the firm. White had joined Bakkt in 2018, after leaving Coinbase, where he served as both vice president and general manager of the … [Read more...] about Bakkt president Adam White announces his departure from the platform
Bakkt President Adam White Announces His Departure
Adam White, the president of cryptocurrency firm Bakkt, is leaving the company he helped build from scratch as a founding executive.White spent the last three years at Bakkt, a company that launched in 2018 with the ambitious aim of making institutional crypto adoption a reality before pivoting to a suite of more retail-focused products.Prior to his time with Bakkt, White was … [Read more...] about Bakkt President Adam White Announces His Departure
Bakkt to Go Public Next Month After SEC OKs SPAC Plans
Bakkt Holdings and VPC Impact Acquisition Holdings (VIH) have received approval from the U.S. Securities and Exchange Commission to complete their merger and push forward with plans to operate as a single publicly traded entity, the companies said in an announcement Friday. Source link … [Read more...] about Bakkt to Go Public Next Month After SEC OKs SPAC Plans
Bakkt Shares Fall After Crypto Firm Posts Third-Quarter Loss
Publicly traded crypto firm Bakkt (NYSE: BKKT) posted a net loss of $28.8 million in Q3, versus a net loss of $18 million year-over-year.Additionally, Bakkt had an operating loss of $29.9 million in the third quarter, compared to a loss of $17.7 million year-over-year. Shares fell about 7% in premarket trading after the earnings release.Bakkt posted third-quarter net revenue of … [Read more...] about Bakkt Shares Fall After Crypto Firm Posts Third-Quarter Loss