| August 28, 2020 | View in browser |
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Go Pro. This week, our pro newsletter explored the Xpeng IPO, the Polkadot ($DOT) blockchain, and the capital flight taking place in China by way of digital currency.
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This week in a nutshell
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Fidelity Investments, the financial service provider with $8.3 trillion assets under management, is launching a Bitcoin fund.
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South Korean police have raided Coinbit–South Korea's third-largest digital currency exchange–for allegedly inflating trade volumes and manipulating market prices.
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Digital currency tax reporting service CryptoTrader.Tax suffered a breach resulting in 13,000 rows of data and 1,082 unique customer email addresses stolen.
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The IRS has sent out a new round of letters to digital currency owners that may have failed to report their crypto-related income and taxes.
- The International Monetary Fund (IMF) has released a video titled “What are Cryptocurrencies.”
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