Bitcoin News Roundup for Aug. 10, 2020

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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.com, Bitstamp and Nexo.io.

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.

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