Episode 158 – The DAO Experiment, China Buys Bitcoin

Bitcoin price is up while China pays a premium for the coin. KNC Miner files for bankruptcy. Ethereum Jaxx wallet comes to iOS. A rundown on “the DAO” situation.

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Traditional Markets

Gold down $1213

Silver down $16.20

DOW up 17,873

Oil up $49.56

30Y UST up 2.6503

 

Crypto Markets

BTC jumps to $550

LTC up to $4.61

DASH up $8.37

Ether down $12.31

News:

BTC price

http://www.ibtimes.com/bitcoin-price-soars-toward-500-back-weakening-chinese-yuan-2375110

KNCMiner files for bankruptcy.

http://swedishstartupspace.com/2016/05/27/knc-miner-declares-bankruptcy-chinese-competition-too-tough/

Jaxx Ethereum Wallet now available on iOS

http://decentral.ca/jaxx-brings-ethereum-to-ios-official-1-0-wallet-now-available-in-the-app-store/

Ethereum Mining on Any Computer

http://cointelegraph.com/news/ethereum-mining-made-possible-on-weak-pcs

The DAO troubles

http://www.nytimes.com/2016/05/28/business/dealbook/paper-points-up-flaws-in-venture-fund-based-on-virtual-money.html?_r=0

http://hackingdistributed.com/2016/05/27/dao-call-for-moratorium/

https://docs.google.com/document/d/10kTyCmGPhvZy94F7VWyS-dQ4lsBacR2dUgGTtV98C40/edit#

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