Crypto Platforms news and trends

Bitcoin Payment Processor IBEX Pay to Suspend Services in US
Bitcoin // May 16, 2024

Bitcoin payment processor IBEX Pay will suspend all its services in the United States, effective May 31. The company announced the move in a Wednesday (May 15) post on X (formerly Twitter). “Any outstanding balance will be transferred to our clients’ Swan accounts or Bitcoin addresses,” IBEX Pay...

Bakkt Cuts 13% of Staff as Execs Depart
Personnel // May 06, 2024

Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in an April 29 securities filing that it is laying off 28 workers, or 13% of its non-call center staff. “The reduction in force is a component...

Quick Reads
Bakkt Reportedly Considering Sale of Crypto Platform

June 09, 2024
Digital asset marketplace Bakkt is reportedly considering putting itself up for sale. That’s according to a Friday (June 7) report from Bloomberg News, citing sources familiar with the matter. Those sources said Bakkt — which has a market value of around $300 million as of Friday — had been working with a financial adviser to […]

Bitcoin Payment Processor IBEX Pay to Suspend Services in US

May 16, 2024
Bitcoin payment processor IBEX Pay will suspend all its services in the United States, effective May 31. The company announced the move in a Wednesday (May 15) post on X (formerly Twitter). “Any...

Bakkt Cuts 13% of Staff as Execs Depart

May 06, 2024
Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in an April 29 securities filing that it is laying off 28...