Ice Open Network (ION) has rapidly grown from its tap-to-mine origins to become a leading blockchain ecosystem, focusing on scalability and user empowerment. With ambitious goals and strong community engagement, ION aims to transform the digital landscape ahead of its mainnet launch in October 2024.

Bakkt announced financial and operating results for the quarter and full year ended December 31, 2023, including: Total quarterly crypto services revenue was $199.4 million, with related crypto costs and execution, clearing and brokerage fees of $197.8 million; Quarterly total revenue was $214.5 million, including gross cryptocurrency revenue and net loyalty revenue, and full-year total revenue was $780.1 million; Total quarterly operating expenses were $293 million, excluding crypto costs, execution, clearing and brokerage fees, and goodwill, intangible and long-lived asset impairments, quarterly operating expenses were $27.8 million, down 55% year over year; Recently completed preliminary closing of $42.4 million in gross proceeds from a simultaneous registered direct offering with third-party investors and Intercontinental Exchange (ICE) to strengthen liquidity and balance sheet position; Expanding institutional crypto-grade currency capabilities with the recent launch of collaborative custody and anticipating the launch of institutional-grade trading services in Q3 2024. In addition, Bakkt updated its full-year expected outlook for 2024: total revenue for the full year of 2024 is expected to increase significantly year-on-year, reaching US$3.292 billion to US$5.114 billion, and operating cash flow usage for the full year of 2024 is expected to decline by approximately 70% year-on-year. to $58 million to $72 million. (BusinessWire)

HTX가 3월 22일 ICE(Ice Network)를 상장한다고 공지했다. 입금은 오늘 21시 오픈된다.

According to PANews, Bakkt, a cryptocurrency platform created and owned by Intercontinental Exchange (ICE), is facing the risk of being delisted from the New York Stock Exchange (NYSE) due to its stock price falling below the $1 threshold. On Wednesday, Bakkt released a press release stating that it had received a notice from the NYSE, stating that the company does not comply with Section 802.1 C of the NYSE Listed Company Manual. This is because, as of March 12, 2024, the average closing price of the company's Class A common stock was below $1.00 per share for a consecutive 30-day trading period. Bakkt's stock price closed at $0.5978 on Wednesday, with a market value of only $80 million, far below the trading price of $40 per share in October 2021. Bakkt is a cryptocurrency platform created by ICE and holds two-thirds of its shares.

Two individuals, including a senior airman and cyber analyst in the U.S. military, have been charged for money laundering in connection to an NFT “rug pull” scheme, a February 23rd statement from U.S. Immigrations and Customs Enforcement (ICE) reveals. source: https://cryptonews.com/news/senior-u-s-military-airman-and-cyber-analyst-charged-with-money-laundering-for-nft-rug-pull-scheme.htm

Bitget will launch Ice Network (ICE) in the Innovation Zone and Web3 Zone. The deposit channel is now open, and the trading channel will be opened at 19:00 tomorrow. At the same time, a recharge and cashback activity is launched, with a total prize pool of 1.7 million ICE. The event time is from 19:00 on February 28 to 19:00 on March 6 (UTC+8). Ice represents the next generation of digital currency that can be mined on any mobile device. The core of Ice Network is to develop a trusted community and let more people believe that digital currency can maintain value through rich use cases.

The Intercontinental Exchange (ICE) owned institutional crypto platform Bakkt has been approved to raise funds to “fund its long-term vision.” The move signals that not all is well at the once-called savior of the crypto market.  On February 14, Bakkt announced that its shelf registration statement had been declared effective by the US Securities and Exchange Commission.  Bakkt... source: https://beincrypto.com/hyped-institutional-crypto-company-rocks/

The ICE-backed exchange has announced that it is struggling to stay afloat. source: https://cryptopotato.com/bakkt-may-go-bust-within-a-year-says-a-new-report/

仮想通貨企業バックトは、インターコンチネンタルエクスチェンジ（ICE）によって支援され、2019年に設立されたが、今後12ヶ月間で事業を継続するための十分な現金が不足する懸念があるという。 source: https://jp.cointelegraph.com/news/bakkt-once-touted-bitcoin-savior-going-concern

Bakkt, the cryptocurrency platform backed by the Intercontinental Exchange (ICE), has issued a warning about its financial health. In a recent document filed with the U.S. Securities and Exchange Commission (SEC), Bakkt outlined its financial challenges, stating concerns over its ability to operate in the coming year due to insufficient cash reserves. Bakkt’s Future of […] source: https://cryptonews.com/news/ice-backed-bakkt-alerts-of-possible-closure-cites-cash-crisis.htm

According to Cointelegraph: Crypto firm Bakkt, backed by the Intercontinental Exchange (ICE) and instated in 2019 amid significant anticipation, is now warning that it might lack the necessary funds to continue business operations for the next 12 months. Bakkt alerted the market to the risk in an amendment to its quarterly report filed with the Securities and Exchange Commission on February 7. Although launched in 2018 by ICE, the owner of the NYSE, with expansive hype and seen as an avenue for institutional investors to access Bitcoin, Bakkt now admits it is uncertain about its ability to expand into new markets and grow its revenue base due to the fast-paced environment associated with crypto assets. Bakkt highlights its struggle to generate a sustainable operating profit and generate enough cash flows. The firm's future business hinges on raising the required capital and substantially increasing its revenues. The firm is considering raising supplemental funds by issuing its registered securities publicly to support its long-term vision. An amended Form S-3 that is currently being filed will enable Bakkt to issue up to $150 million in registered securities in the public markets. However, Bakkt's public journey, which began in 2021 with shares peaking over $40, seems to be on a rough patch, as its shares dropped 7.6% in after-hours trading on Wednesday and have declined 37% since the onset of this year.