• Bakkt CEO Mike Blandina steps down
    People

    Bakkt CEO Mike Blandina steps down

    Bakkt’s recently appointed CEO has left the ICE exchange’s bitcoin futures and options platform. ICE VP of M&A David Clifton will replace him on an interim basis

    Bakkt CEO Mike Blandina has stepped down as leader of the cryptocurrency futures and options platform after only four months, according to a statement by owner Intercontinental Exchange, better known as ICE. He will be replaced on an interim basis by ICE vice president of M&A and integration David Clifton.

  • Mike Blandina (r.) and Adam White are also winners in Kelly Loeffler's U.S. Senate appointment (via ICE).
    Uncategorized

    Bakkt promotes Mike Blandina to CEO

    The Google and PayPal veteran will lead the firm beyond bitcoin futures in 2020 following the departure of Kelly Loeffler to take up a U.S. Senate seat; COO Adam White becomes president

    Google and PayPal veteran Mike Blandina has been appointed CEO of bitcoin futures firm Bakkt, following Kelly Loeffler's appointment to the U.S. Senate. He plans add digital assets other than bitcoin to its offerings in 2020.

  • Are tether tokens really backed by dollars? (via Shutterstock)
    Tether

    Bitfinex to launch bitcoin options

    The cryptocurrency exchange’s options will be settled in tether, the stablecoin issued by Bitfinex’s sister company; ICE and Bakkt also announced options, but settled in cash

    Bitfinex has announced plans to offer bitcoin options that will put it in direct competition with two major traditional exchange operators, Intercontinental Exchange and CME Group’s Bakkt. Both of those also announced enhanced bitcoin options choices over the past two days.

  • Bitcoin,  Ethereum,  Media

    Coinbase drips talent, crypto’s true believers, and Jamie Dimon goes off on Bitcoin (again)

    These are the crypto stories you should be following today

    Coinbase’s Head of Trading Resigns After Six Months on Job (CoinDesk) Hunter Merghart was hired by Coinbase’s general manager, Adam White, to run trading for them back in May. However, White jumped ship to become COO of Bakt in early October. Now Merghart has bailed from Coinbase as well. The company’s VP of corporate and business development, Emilie Choi, said Coinbase’s recent $300 million raise was for “a rainy day”. What if it’s just cloudy with a slight drizzle?   Nasdaq Wants Crypto Market to Stamp Out Fraud—With Its Help (Bloomberg) Crypto markets are more manipulated than Kanye West. So what can be done about it? Nasdaq wants to use…

Subscribe to the
MODERN CONSENSUS Newsletter