Bakkt pivots to stablecoins after revenue slump
Digital asset platform Bakkt reported a first-quarter net loss of $11.7 million as crypto services revenue plunged 77% amid weaker digital asset trading activity.

Crypto journalist for Grafa, with nearly 10 years of experience covering blockchain, Web3, and NFT gaming trends. MBA & Economics grad.
Digital asset platform Bakkt reported a first-quarter net loss of $11.7 million as crypto services revenue plunged 77% amid weaker digital asset trading activity.
Digital asset platform Bakkt reported a first-quarter net loss of $11.7 million as crypto services revenue plunged 77% amid weaker digital asset trading activity.
Firebrick Pharma (ASX:FRE) has achieved a regulatory milestone in North America with the Canadian Intellectual Property Office.
Firebrick Pharma (ASX:FRE) has achieved a regulatory milestone in North America with the Canadian Intellectual Property Office.
Cynthia Lummis promoted provisions in the Digital Asset Market Clarity Act of 2025 designed to protect blockchain developers while strengthening law enforcement oversight of digital asset markets.
Cynthia Lummis promoted provisions in the Digital Asset Market Clarity Act of 2025 designed to protect blockchain developers while strengthening law enforcement oversight of digital asset markets.
Opposition Leader Angus Taylor has launched a scathing attack on the Federal Government’s latest budget.
Opposition Leader Angus Taylor has launched a scathing attack on the Federal Government’s latest budget.
The US Senate voted 51 to 45 to confirm Kevin Warsh as a member of the Federal Reserve Board of Governors, with lawmakers expected to vote shortly on his nomination as chair of the central bank.
The US Senate voted 51 to 45 to confirm Kevin Warsh as a member of the Federal Reserve Board of Governors, with lawmakers expected to vote shortly on his nomination as chair of the central bank.
Stelar Metals (ASX:SLB) entered an earn-in agreement to acquire the Hill of Leaders Tungsten Project from F&H Brothers Metals.
Stelar Metals (ASX:SLB) entered an earn-in agreement to acquire the Hill of Leaders Tungsten Project from F&H Brothers Metals.
Develop Global (ASX:DVP) secured a $274 million contract for Core Lithium's (ASX:CXO) Finniss Project.
Develop Global (ASX:DVP) secured a $274 million contract for Core Lithium's (ASX:CXO) Finniss Project.
Brian Armstrong is expected to appear before the US Senate to support proposed cryptocurrency market structure legislation aimed at creating a formal regulatory framework for digital assets.
Brian Armstrong is expected to appear before the US Senate to support proposed cryptocurrency market structure legislation aimed at creating a formal regulatory framework for digital assets.
Prospect Resources (ASX:PSC) launched an expanded Phase 3 drilling programme at its flagship Mumbezhi Copper Project.
Prospect Resources (ASX:PSC) launched an expanded Phase 3 drilling programme at its flagship Mumbezhi Copper Project.
Genmin (ASX:GEN) announced a breakthrough in its quest to secure project finance for the flagship Baniaka Iron Ore Project.
Genmin (ASX:GEN) announced a breakthrough in its quest to secure project finance for the flagship Baniaka Iron Ore Project.