• Bitcoin Pizza Day
    Bitcoin,  Commentary

    Bitcoin Pizza Day: 10 years on, $91M pies

    A booming bitcoin and the adoption of blockchain technology by multinational corporations, leading financial institutions, and even governments shows how far Satoshi Nakamoto’s dream has come

    It’s Friday, May 22, 2020, and two pizza pies cost $45.90 at Stromboli's, across from my apartment in New York City. But 10 years ago, in Florida, two pies from Papa John’s cost Laszlo Hanyecz about $41—or 10,000 bitcoins, which is how he paid. And how Bitcoin Pizza Day was born.

  • Loeffler made $3.5 million at Bakkt
    Politics

    Sen. Kelly Loeffler made $3.5 million at Bakkt

    Financial disclosure forms show she’s divested millions in stock after insider trading allegations. But it doesn’t seem to be helping the Georgia Republican in the November special election to keep her appointed seat, which she’s losing badly

    Thanks to Senate financial disclosure forms filed on May 1, we know a great deal about the cryptocurrency options and futures platform leader’s wealth, including the fact that she and her husband have been selling off investments at a furious pace.

  • 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.

  • Sen. Loeffler sells low
    Commentary,  Politics

    After insider trading fight, Sen. Loeffler sells low

    Former Bakkt CEO and current Georgia Senator Kelly Loeffler blames ‘baseless attacks from political adversaries and the media’ for divesting stock holdings in a down market

    Georgia Sen. Kelly Loeffler announced on April 8 that she and her husband were selling all of their stock holdings following weeks accusations of using her position for insider trading.