Bitcoin News Roundup for Aug. 12, 2020
With bitcoin prices sitting around $12K and Russia developing “Transparent Blockchain” AI, CoinDesk's Markets Daily is back for your latest crypto news roundup! This episode is sponsored by Crypto.com, Bitstamp and Nexo.io. Today's stories: First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes. Some Traders Now Taking Bets Ether Will Break $1K by December Some option traders are now betting ether will rise to $1,000 by year’s end. The Linux Foundation Wants Open-Source Tech to Address Future Pandemics The Linux Foundation hopes open-source apps will play a key role in tracing exposure to diseases like COVID-19 while being fully transparent. Russian Financial Crime Agency Plans AI Tool to Link Crypto Transfers to Users Russia's anti-money laundering agency Rosfinmonitoring has already built a prototype blockchain analytics tool, according to a report.
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Show Notes
With bitcoin prices sitting around $12K and Russia developing “Transparent Blockchain” AI, CoinDesk's Markets Daily is back for your latest crypto news roundup!
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today's stories:
First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins
So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.
Some Traders Now Taking Bets Ether Will Break $1K by December
Some option traders are now betting ether will rise to $1,000 by year’s end.
The Linux Foundation Wants Open-Source Tech to Address Future Pandemics
The Linux Foundation hopes open-source apps will play a key role in tracing exposure to diseases like COVID-19 while being fully transparent.
Russian Financial Crime Agency Plans AI Tool to Link Crypto Transfers to Users
Russia's anti-money laundering agency Rosfinmonitoring has already built a prototype blockchain analytics tool, according to a report.