Markets

• Price per Bitcoin BTC is at ~$2523 USD (+1.32% from last Monday)
• Price per Ether ETH is at ~$244 USD (-16% from last Monday)

Articles

• Meet The Man Traveling The World On $25 Million Of Bitcoin Profits by Forbes
• Former MtGox CEO heads to trial in Japan over missing Bitcoins by SBS
• One of the Biggest Ethereum and Bitcoin Exchanges Got Hacked by Fortune
• Top Wall Street strategist sees bitcoin ‘cannibalizing’ gold, worth as much as $55,000 by CNBC
• Bitcoin, Ethereum, Blockchain, Tokens, ICOs: Why should anyone care?By Hackernoon
• Why So Serious? The New Token Category & The Useless Ethereum Token’s ICO by Hackernoon
• Dark web drug marketplace goes offline, sparks fears of multi-million Bitcoin heist by The Next Web
• Hacker Pleads Guilty of Stealing $365,000 Worth of Bitcoin From Darknet Criminals by Cointelegraph
• What is Ethereum by What is Ethereum
• Swiss City Announces Plan to Verify IDs Using Ethereum by Coin Desk
• Ex-Goldman HFT Trader Makes Blockchain History Raising $200 Million In Tezos ICO In 4 Days by Zero Hedge
• This DJ Has Released the First Full-Length Album Using the Ethereum Blockchain by Vice
• My Token / ICO / Blockchain Capital Markets Landscape by Etienne Brunet
• Cutting through the noise: the technical details behind Bitcoin scaling proposals by sn4t14

This week’s new initial coin offerings (ICOs)

• Pillar’s goal is to build a personal data locker where users’ assets and data are stored locally on their phones instead of centralised servers belonging to banks, governments and service providers alike.
• To achieve this, Pillar aims to solve two main objectives.
• Replace accounts with ownership, instead of having accounts with different stock brokers or banks, users will have wallets that they control themselves and can switch between vendors freely.
• Replace apps with services, accounts in apps are separate silos that do not communicate with each other, a personal data locker with an operating system built in can act as the central account with access to different services.
• Pillar is creating a Pillar Token with utility functions for the Pillar ecosystem and will eventually act as the meta token for all services available on the Pillar personal data locker OS.
• Pillar is raising initial capital in a crowd-sale that will begin on July 15 and lasts 60 hours.
• A total of 800 million tokens will be issued with a planned exchange rate at $0.1 USD per Pillar Token.
• 66% of the tokens will be sold in the ICO, 6% are sold in a pre-sale and the rest will go into marketing, future funding rounds and the founding company 20|30.
• The ICO minimum target is $8 Million USD.

• Bowhead is creating a medicine dispenser coupled with a digital token eco-system for offering medical data to researchers.
• Bowhead has designed a diagnostic reader and dispenser to provide calculated medication and nutritional dosages based on patients’ health conditions.
• User will provide a blood prick to the Bowhead reader which uses computer vision to determine user conditions.
• Licensed doctors will then offer recommendation on dosages.
• All data will be stored using Blockchain technology.
• Users can lease their diagnostic data anonymously to research institutes and big pharmas for a fee.
• Bowhead is creating a Bowhead token which will be receiving 30% of the income coming from data purchases by pharmas and researchers.
• There will be a total of 100 Million Bowhead Tokens created on the Wave platform.
• 40 Million of which will be offered in the ICO starting on July 17.
• The exchange rate for the Bowhead token is $0.65 USD per Token with bonuses for the first 15 Million tokens purchased.

• Suretly is launching a crowdvouching platform where borrowers can borrow micro loans from lending partners based on backing by the platform investors.
• An investor can decide whether to vouch for a borrower based on their credit ratings and risk / reward ratios.
• An investor will be paid immediately when the loan is issued but will have to pay the lender the vouched amount (usually $2 to $10 USD) if the borrower defaults.
• Investors function as micro insurance providers.
• SUR Coin will be created to raise $1.5 to $10 Million USD to help accelerate expansion of the project.
• SUR Coin can be used as a guarantee by vouchers for a loan.
• Suretly will begin periodical buy back of the SUR Coin on the open market three quarters after the end of the ICO.
• The exchange rate for the ICO is set at 0.1 ETH per SUR coin. It will begin on July 11.

• Rialto AI is a team of computer scientists and traders designing arbitrage and market making algorithms for the cryptocurrency market.
• Their ICO was meant to begin this month but they have already reached their max cap of $10,000,000 USD in the pre-crowdsale.