Bitcoin News Roundup for June 24, 2020

With miners transferring more bitcoin now compared to any point in the last year, police misconduct on Ethereum and a new inter-blockchain hub out of China, Markets Daily is back with another news roundup.

AccessTimeIconJun 24, 2020 at 4:00 p.m. UTC
Updated Dec 6, 2022 at 6:28 p.m. UTC

With miners transferring more bitcoin now compared to any point in the last year, police misconduct on Ethereum and a new inter-blockchain hub out of China, Markets Daily is back with another news roundup.

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This episode is sponsored by Bitstamp and Ciphertrace.

A sudden spike in miner outflows of bitcoin to exchanges makes the cryptocurrency vulnerable to a price drop, according one analyst.

Built on the InterPlanetary File System and the Ethereum blockchain, the protocol lets anyone file police misconduct reports anonymously.

Chainlink will help the state-backed Blockchain-Based Service Network with oracles, and Cosmos-powered Irisnet will assist with interoperability.

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Adam B. Levine is the managing editor of CoinDesk's podcast division.

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Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.


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