Episode 113 – BRICS Summit and Greek Pitfall

BRICS nations met for a Summit this past week. RC4 security vulnerability may affect bitcoin users. Greek news wrap-up for the week. Socialized losses for Litecoin margin traders. The bitcoin blockchain debate still sees no consensus.

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Show Notes:

Traditional

DJIA up to 18086

Gold down to 1133

Silver down to 14.84

Oil down to 50.78

30 year treasury down to 3.08%

Crypto

BTC down to $274

LTC down to $3.71

Doge 63 satoshis

Rundown

BRICS Summit

http://www.huffingtonpost.com/shashi-tharoor/brics-summit_b_7769914.html

Bitcoin Platform Vulnerability

http://www.biztekmojo.com/00964/bitcoin-platforms-serious-threat-due-https-tls-rc4-vulnerability

+Greece News

Austerity Measures Votes on with Violent Protests outside

http://www.telegraph.co.uk/finance/economics/11743107/As-it-happened-Greek-parliament-passes-new-austerity-measures.html

Banks Reopen

http://www.cbc.ca/news/business/greece-crisis-banks-re-open-monday-with-tight-cash-withdrawal-limit-1.3159210

German Loan?

http://www.cbc.ca/news/business/greece-crisis-tsipras-shuffles-cabinet-after-anti-austerity-mini-rebellion-1.3156316

News

Socialized Losses

http://cointelegraph.com/news/114885/-huobi-talks-about-lessons-learned-from-socialized-losses

 

Block Size Debate

http://cointelegraph.com/news/114882/core-developer-jeff-garzik-proposes-2mb-block-size-limit-to-buy-time

 

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