| | |  Rebecca |  | | |
Market Watch Coin prices remain largely unchanged during Monday trading. Bitcoin is up slightly today but has yet to gain any closer to the $9,500 mark. | Bitcoin | $9,278 | +0.26% | | Ethereum | $243 | +1.75% | | Tether | $0.995 | -0.63% | | XRP | $0.204 | +1.76% | | Top 100 Winner: Loopring | $0.146 | +44.96% | | Top 100 Loser: Aave | $0.230 | -7.15% | Prices are as of 2:00 p.m. ET
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 Singapore's central bank, the Monetary Authority of Singapore (MAS), is set to "commercially adopt" its blockchain-based payment network. The central bank has completed the fifth and final phase of Project Ubin, an initiative to use blockchain in clearing and the settlement of payments and securities. Sopnendu Mohanty, chief fintech officer of the central bank, said that technicians have finished testing the technology and are ready to integrate it with commercial applications. The network uses JP Morgan's Quorum blockchain protocol and works with its Interbank Information Network and JPM Coin. THE BLOCK 
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 Brian Armstrong, CEO of Coinbase, has defended the platform's contract with the U.S. Secret Service. Last week, it was reported that the crypto exchange has agreed to provide its blockchain analytics software, Coinbase Analytics, to the U.S. federal agency under a deal worth $183,750. After the deal was criticized, Armstrong tweeted that blockchain software analytics has long been used to track crypto transactions and criminals. Armstrong said that the contract will help build relationships with law enforcement, which is important for the growth of crypto. Kraken CEO Jesse Powell said his company did not develop its own analytics software or invest in analytics firms to prevent a conflict of interest with their clients. @BRIAN_ARMSTRONG/TWITTER
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Our Crypto Masterclass features a well-known thought leader or expert in the crypto space. Today, I focus on Messari co-founder Ryan Selkis, who said that Cardano has "plenty of room for growth." | |
Jay Hao, the CEO of crypto exchange OKEx, has said that the altcoin Dogecoin is "not a joke." Despite being introduced in 2013 as a joke currency, Hao pointed out that Dogecoin has demonstrated "healthy development and longevity" and has become one of the oldest cryptocurrencies. He further said that the fact Dogecoin can be used for tipping on Reddit and Twitter shows that it can be used for instant micropayments that not many cryptocurrencies have failed to achieve. COINTELEGRAPH
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G20 members plan to lay the groundwork to accept crypto payments, with changes expected to start in October. According to Kyodo News, G20 members have made the change in response to China's development of its central bank digital currency (CBDC), in addition to Facebook's proposed Libra stablecoin. G20 members have previously said that cryptocurrencies weren't a threat to monetary stability. COINTELEGRAPH
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Quick Hits - In the first six months of 2020, $24m worth of Bitcoin has been bagged by scammers, according to blockchain tracking and analytics provider Whale Alert.
- Robinhood has raised an extra $320m in funding from new and existing investors. The platform, which enables users to buy and sell cryptocurrencies, is to roll out an improved in-app messaging to help customers understand early options assignments, the company said.
- No commissions and no deposit minimums. Here is why smart investors are opening accounts with Webull.*
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 |  | This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. | | | | Editor | Written and curated by Eduardo Garcia in New York. Eduardo is a graduate of the Columbia Journalism School M.A. Science program and writes regularly for the New York Times Climate Fwd: newsletter. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
Flatfile Concierge turns months of data cleaning & onboarding into a collaborative experience. | |
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