Bitcoin News Roundup for June 12, 2020


Bitcoin News Roundup for June 12, 2020


With the price of BTC dropping more than 6% overnight, CoinDesk’s Markets Daily is back with your bitcoin news roundup.

This episode is sponsored by Bitstamp and Ciphertrace

Why Bitcoin Suddenly Dropped 6% on Thursday

The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. Here’s three likely reasons why.

Quadriga Was a Ponzi Scheme, Ontario Securities Regulator Says

The Ontario Securities Commission has published a scathing report calling now-defunct Canadian exchange QuadrigaCX a “Ponzi,” and denouncing the practices of founder and CEO Gerald Cotten.

Unstoppable Domains Taps IPFS for Censorship-Resistant Blogging Platform

Decentralized blogging is coming to a .crypto URL near you thanks to a partnership between Unstoppable Domains and Protocol Labs.

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