| June 5, 2020 | View in browser |
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Go Pro. This week, our pro newsletter explored BSV's exponential gains, cryptocurrency exchange reserves hitting a one-year low, and why American's are stockpiling cash.
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This week in a nutshell
[Update]
Did you know DraftKings ($DKNG), the American sports betting provider, is up over 100% since we first wrote about $DKNG in Unbankd Pro.
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[This Week In a Nutshell]
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According to CipherTrace, an estimated $1.36 billion worth of digital assets has been stolen in the first five months of 2020.
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Digital currency firms in Canada are now recognized as money service businesses by the Canadian government.
- According to The Block, Coinbase is the largest BTC holder, with around 984,300 BTC in its wallet; followed by Huobi (413,000 BTC), Binance (318,000 BTC), OKEx (268,000 BTC), and BitMEX (217,000 BTC).
- Coinbase has reduced the APY for holding USDC in a Coinbase wallet by 88%, dropping the yield from 1.25% to 0.15%.
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Japanese cryptocurrency exchange Coincheck experienced a data breach in which 200 user email addresses–as well as information contained in those user's emails to Coincheck–were stolen.
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