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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.

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

This episode is sponsored by Bitstamp and Ciphertrace.

Today’s stories:

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 are 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.

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

This episode is sponsored by Bitstamp and Ciphertrace.

Today’s stories:

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 are 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.

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

News Source

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