Bakkt pivots into stablecoin infrastructure as revenue tumbles 77% in Q1

Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes. Source: Cointelegraph

Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes. Source: Cointelegraph

Gelephu Mindfulness City in Bhutan is offering a faster licensing track with banking and zero‑tax incentives to attract regulated crypto firms willing to build long‑term operations. Source: Cointelegraph

Self-custody wallet by Chainwith opens two-week user activation across Ethereum, BNB Chain, Solana, and Aptos, with prizes starting at $100. Source: Cointelegraph

CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines. Source: Cointelegraph

Binance says it prevented $10.53 billion in user losses and blacklisted 36,000 malicious addresses, with AI now powering over half of its fraud controls. Source: Cointelegraph

US prosecutors say three men posed as delivery drivers and forced entry into homes to steal at least $6.5 million in crypto. Source: Cointelegraph

The Ethereum Foundation has finalized a new gas limit floor and improvement proposal for its “Glamsterdam” upgrade, which is likely to go live sometime in the third quarter of 2026. Source: Cointelegraph

Christopher Delgado, the former Goliath Ventures CEO charged with fraud and money laundering, has publicly apologized to investors of what US prosecutors allege is a Ponzi scheme. Source: Cointelegraph

Tom Lee says Ether’s correlation with software stocks is further evidence that “crypto spring” has begun. Source: Cointelegraph

Google’s Threat Intelligence Group says it has “high confidence” a threat actor used an AI model to help discover and weaponize a vulnerability in a popular system admin tool. Source: Cointelegraph