Markets

• Price per Bitcoin BTC is at ~$4206 USD (-4.2% from last Monday)
• Price per Ether ETH is at ~$295 USD (-8.1% from last Monday)
• Price per Bitcoin Cash BCH is at ~$567 USD (+1.3% from last Monday)

Articles

• China Is Said to Ban Bitcoin Exchanges While Allowing OTC Trades by Bloomberg
• Bitcoin Tumbles as PBOC Declares Initial Coin Offerings Illegal by Bloomberg
• China Just Completely Sidestepped One of the Biggest Issues Facing Cryptocurrencies by Bloomberg
• Howard Marks Issues a Mea Culpa on Bitcoin, But He's Still Not Investing by Bloomberg
• Bitcoin tumbles on report China to shutter digital currency exchanges by Reuters
• U.S. blockchain startups R3 and Ripple in legal battle by Reuters
• Ukrainian ministry carries out first blockchain transactions by Reuters
• China Herds ICO Cats by Bloomberg Gladfly
• Bitcoin’s Golden Future by Bloomberg Gladfly
• The Fall of Juicero and ICO Fever by Bloomberg View
• Hong Kong regulators to push for greater clarity in fintech market guidance to help companies develop by SCMP
• Microsoft Azure Bringing Blockchain Closer To Real World Use by Nasdaq
• Bitcoin's price hit $5,000 last week. It's still a dumb investment by LA Times
• China might ban all crypto exchanges in China (article in Chinese) by BBC China
• How Blockchain Is Kickstarting the Financial Lives of Refugees by MIT
• Israel's Largest Bank Begins Blockchain Trial With Microsoft by CoinDesk
• Epic Bitcoin Resource List by Bitcoin Pub
• Winding Tree is the new kid on the blockchain set on disrupting Airbnb and Expedia by The Next Web
• Robert Shiller wrote the book on bubbles. He says “the best example right now is bitcoin by Quartz
• A Tokyo-listed company is spending over $3 million to get into bitcoin mining by Quartz
• It just got easier for Indians to buy and trade bitcoin and ethereum globally by TechInAsia

This week’s new initial coin offerings (ICOs)

• Domraider is a company established since 2013 that specializes in the business of dropcatching.
• That is to buy up newly dropped domain names (.com, .net, etc.) and selling them at auction.
• Domraider is working on a blockchain solution that specifically caters to the hosting and operating of auctions.
• It’s key features are fast transaction speeds and low transaction costs.
• The Domraider blockchain will be open to use by any auction organizers in the world.
• Domraider is raising development capital through the sale of DRT tokens.
• DRT tokens will serve as utility token on the Domraider auction platform.
• DRT will be required to access the auction platform and execute its functions. Such as auction creation, bidding, etc.
• DRT will also be used a security deposits for auction participants.
• 1 Billion DRTs will be created, 35% of which will be sold during ICO. 15% is distributed to stakeholders.
• The sale price is $0.117 USD per DRT. The ICO is capped at $41 Million USD.