Bitcoin News Roundup for June 19, 2020

With BTC miners HODLing, Reddit dreaming big and a crypto card issuer missing billions of dollars and drawing comparisons to Enron, CoinDesk's Markets Daily is back with another Bitcoin news roundup.

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This episode is sponsored by Bitstamp and Ciphertrace.

Outflow of Bitcoin From Miners at Lows Not Seen Since 2010

Miner outflows of bitcoin have dropped to decade lows, with analysts saying a hoarding mentality and a drop in issuance after the halving are responsible.

Reddit Seeks Scaling Solution for Ethereum-Based 'Community Points'

Reddit announced a partnership with the Ethereum Foundation to find a scaling solution for the site's new blockchain-based Community Points.

Crypto Card Issuer Wirecard Says It's Missing $2.1B in 'German Enron' Scandal

Wirecard admitted the accounting hole was roughly a quarter of the company’s total balance sheet.

Polkadot Is Latest Blockchain to Explore Redeemable Bitcoin Tokens

It's only a proof-of-concept at this point, but there's now a model for locking BTC on the Bitcoin blockchain and minting PolkaBTC on Polkadot.