Blockchain Bites: a16z’s Cyclic Crypto Thinking and Grin’s Grim Outlook

FalconX brought in an equivalent to Facebook's 2005 Series A while Grin flounders and a16z asks if crypto's on the cusp of a boom period.

Bakkt Announces New Insurance Coverage, Claims More Than 70 Custody Clients

Bakkt has onboarded 70 clients to its custody services, and signed a deal with insurance broker Marsh to provide customers with an optional extra $500 million of coverage.

Ex-Bakkt CEO Kelly Loeffler Got $9M Payout as She Left for US Senate: Report

Senator Kelly Loeffler received the hefty payout from her husband's company, Intercontinental Exchange, as she left bitcoin company Bakkt to take up her political position.

ICE Spent ‘Nearly $300M’ Helping Bakkt Acquire Loyalty Firm Bridge2

ICE spent close to $300 million acquiring Bridge2 Solutions for Bakkt, CEO Jeffrey Sprecher said in an earnings call Thursday.

Bakkt CEO Mike Blandina Steps Down 4 Months After Taking Role

Mike Blandina, Bakkt’s CEO since December 2019, will be stepping down from the role, CoinDesk has learned.

ICE Pushes Back on Claim Ex-Bakkt CEO Dumped Stocks After Senate COVID Briefing

U.S. Senator Kelly Loeffler and her husband sold up to $3.5 million in stock after a Jan. 24 briefing on COVID-19, but ICE says the transactions were conducted by financial advisors who had no input from the two.

Bakkt Touts New Payment Integration With Starbucks

Users of the Starbucks iPhone app are now being presented with “Bakkt Cash” as a payment option.

Bakkt Raises $300M Series B From Microsoft, Pantera

Bakkt raised $300 million from its parent firm ICE, as well as Microsoft's M12, Pantera and a number of other funds.

Bitcoin Options Saw Record Volume of $198M Amid Recent Price Drop

Trading volume records in bitcoin’s options market were smashed on Monday as investors scrambled to hedge their positions amid the selloff.