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Bitcoin News Roundup for Aug. 10, 2020

With the price of bitcoin knocking on $12K, CoinDesk's Markets Daily is back with another time-saving news roundup.

Markets Daily Front Page Adam Lyllah

With the price of bitcoin knocking on $12K, CoinDesk's Markets Daily is back with another time-saving news roundup.

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This episode is sponsored by Crypto.comBitstamp and Nexo.io.

Today's stories:

First Mover: Bitcoin Hits $12K as Trump Orders Checks for Unemployed (Voters)

Bitcoin pushed above $12,000 as President Donald Trump ordered emergency economic aid measures that might just be a precursor to a new spending bill worth trillions of dollars.

Ethereum Classic Attacker Double-Spends $1.68M: Report

The attacker attempted to double-spend roughly $3.3 million during the second attack.

Crypto Attacks and What They Mean for Open-Source Value

Ethereum Classic's recent 51% attacks highlight the value of large open-source networks such as Bitcoin and Ethereum – it’s about more than hashrate.

For early access before our regular noon Eastern time releases , subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos. Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017. With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.

Adam B. Levine