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Crypto Firm Bakkt Warns of Financial Struggles, Doubts Continuity In Business
Bakkt Holdings, a cryptocurrency platform launched with great fanfare in 2018 by the parent company of the New York Stock Exchange, warned on Wednesday it may not have enough capital to stay in business. In a regulatory filing, Bakkt said there is doubt over whether its available cash can sustain ongoing operations for the next......
NBA Faces Lawsuit Over Promotion of Collapsed Crypto Firm Voyager
A group of investors slammed the National Basketball Association (NBA) with a lawsuit. According to Bloomberg, the lawsuit is tied to the league's promotional arrangement with collapsed cryptocurrency trading platform Voyager Digital. The suit alleges the NBA acted in a "grossly negligent" fashion by greenlighting a multi-year marketing deal between Voyager and Dallas Mavericks owner......
Crypto Ransomware Payments Exceed $1 Billion in 2023: Report
Ransomware attackers have surged in 2023, extorting over $1 billion in crypto payments from their victims, according to the latest report. In its most recent report, blockchain analysis company Chainalysis compiled the findings. The report shows a significant surge from a drop that occurred in 2022. Total crypto ransoms paid plunged to $457 million in......
🥛 Countdown to the Bitcoin halving ⏰
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Ethereum Dencun Upgrade Completes Final Test
The highly anticipated Ethereum Dencun upgrade has passed its final test. This will likely pave the way for the blockchain to launch on the main public network next month. The upgrade was recently put through a full rehearsal on the Holesky test network, designed to mimic conditions on Ethereum's live blockchain. In addition, the successful......
Bakkt Review 2024
The Bottom Line: Bakkt (NYSE: BKKT) is an institutional provider of crypto services including custody and trading, as well as both crypto on-ramp and off-ramp services. Spun out of ICE, the parent organization of the New York Stock Exchange, Bakkt counts large brands like Webull & Caesars Entertainment among its clients. For large businesses and......
Fed Ends Enforcement Action Against FTX-Linked Farmington Bank
The Fed announced on Tuesday that it has terminated a key enforcement action against Farmington State Bank. Fermington is a Washington-based community bank that was connected to the failed cryptocurrency exchange FTX. The Fed's enforcement action, which had been in effect since July 2023, ensured that Farmington would wind down operations in an orderly manner......
Bitcoin Price (USD)
Latest BTC Trends In 2025 Bitcoin’s price (USD) hits $100K. Bitcoin Dominance is still above 50%. Michael Saylor and MicroStrategy are on a Bitcoin buying spree. Bhutan has quietly mined 13,000+ $BTC Bitcoin ETFs are projected to see double the inflows in 2025 compared to 2024. Bitcoin Ordinals (NFTs) and BRC-20 tokens open up new......
Bitcoin Halving 2024
What Is The Bitcoin Halving? The Bitcoin halving is a recurring event that cuts the amount of Bitcoin supply issuance in half. Specifically, it reduces the reward that Bitcoin miners receive each time that a new block is created on the blockchain. The halving takes place on average every 4 years, and emphasizes one of......
Binance to Delist Monero, XMR Nosedives 30%
Leading cryptocurrency exchange Binance announced recently that it will delist privacy-oriented coin Monero (XMR) on February 20. Binance has become the latest platform to dump the anonymity-focused asset amidst growing global compliance crackdowns. Key details on Binance axing XMR support: As of Feb. 20, Binance will delist all XMR trading pairs with BTC, ETH, and......
