• 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.

  • Bakkt and cup of coffee
    Technology

    Bakkt raises $300m as Starbucks trial launches

    The cryptocurrency futures and options exchange recently bought loyalty program provider Bridge2 Solutions, and has plans for a wide-ranging consumer payments app

    Despite economic uncertainty brought on by the coronavirus, crypto firm Bakkt has managed to secure $300 million in capital through Series B funding. Funds from this latest financing round are going to be put toward completing the acquisition of loyalty program provider Bridge2 Solutions.

  • Bakkt wallet on mobile phone
    Bitcoin,  Technology

    Bakkt to acquire loyalty program provider Bridge2 Solutions

    The bitcoin futures exchange wants to incorporate rewards points into a consumer app for everyday spending

    Bakkt, the bitcoin futures exchange that launched last year, wants to integrate reward points, game tokens, and cryptocurrency into a mobile wallet that will allow consumers to spend them as dollars.

  • Sen. Kelly Loeffler has been in office three days and she still hasn't set up a press page. Doesn't she know that the most dangerous place in Washington is supposed to be between a member of Congress and a camera? (via @GovKemp)
    People,  Politics

    Kelly Loeffler Senate appointment win for cryptocurrency industry

    Industry analyst Mati Greenspan said the CEO of Bakkt will be ‘a friend of crypto’ in Congress as digital asset regulations are written

    Bakkt CEO Kelly Loeffler's appointment as a U.S. Senator for Georgia is "is really good news for crypto regulation in the United States,” Mati Greenspan, founder of Quantum Economics, told Modern Consensus.