Bitcoin News Roundup for June 2, 2020Not so good news for fans of $10K BTC. It's CoinDesk's Markets Daily Podcast.This episode is sponsored by Bitstamp and CiphertraceBitcoin's Price Drops by 8% in Less Than 5 MinutesBitcoin's price fell more than $800 in under five minutes on Tuesday, pushing the broader cryptocurrency market into the red.Crypto Criminals Have Already Stolen $1.4B in 2020, Says CipherTraceThe figure puts 2020 on track to become the second-costliest year in the history of crypto.Blockchain Firms Flocked to Hong Kong in 2019: ReportBlockchain firms led the charge of fintech companies that relocated to Hong Kong in 2019.Media Startup Civil Shuts Down, Team Absorbed Into Decentralized ID Efforts at ConsenSysBlockchain media startup Civil is shutting down after three years, with its team pivoting to building decentralized identity tools at parent firm ConsenSys.US Offers $5M Bounty for Arrest of Venezuela's Crypto ChiefThe head of Venezuela's state-backed petro cryptocurrency has been added to the U.S Immigration and Customs Enforcement's Most Wanted list. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.