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. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.