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The Essential Role of Mixing Services: BitMixer Processes 25K BTC per Month

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Banking on Bitcoin: Among the Pragmatic

Hong Kong Police Arrest Five in MyCoin Bitcoin Exchange Ponzi Scheme Case
| www.coindesk.com
Deutsche Bank Veteran Starts Institutional Bitcoin Exchange in Brazil
| www.coindesk.com
IBM Exec Richard Gendal Brown on the idea of government backed cryptocurrencies
| gendal.me
Third US Marshals Bitcoin Auction Sees Increase in Bidder Interest - 14 Bidders placed 34 bids
| www.coindesk.com
VIDEO: Chris Dixon of VC Firm Andreessen Horowitz discusses Bitcoin's PR issues with Wired's Steven Levy at BizCon
| www.youtube.com
Announcing the Bitcore Wallet Suite
| blog.bitpay.com
Exploring Miner Evolution in Bitcoin Network (PDF)
| wan.poly.edu
Former Netscape Director Launches Bitcoin Remittance App Abra
| www.coindesk.com
Facebook Debate Prods Europe's Largest Military Surplus Dealer to Accept Bitcoin
| cointelegraph.com
'Masked' Card Lets Online Shoppers Pay Anywhere With Bitcoin
| www.coindesk.com
Insured Deposits May Soon Come to Bitcoin Exchanges
| insidebitcoins.com
Bitcoin Center NYC Takes New Direction, Launches Startup Incubator
| bitcoinmagazine.com
Bitcoin’s golden moment: BIT gets FINRA approval - Listed on OTC Markets
| www.cnbc.com
Bitcoin Expert Andreas Antonopoulos Makes Case for Bitcoin Before Australian Senate
| www.coindesk.com
Life of a Bitcoin Trader: Whaleclub Interview
| bravenewcoin.com
Fraud Comes to Apple Pay (Merchants/Banks Report 6% Fraud Rate) (Bitcoin not Mentioned)
| blogs.wsj.com
Inside the MIT Bitcoin Club. Take a peek at what members of the club are working on!
| blog.bitcoinfoundation.org
New Coinbase Support Center Launched
| blog.coinbase.com
Bitcoin Still Confuses Bankers
| www.bloombergview.com
Bitcoin poker exec: “I was led out in handcuffs in my underwear” - Site shutting down operations in the US, heading offshore for good. (SealsWithClubs.eu)
| arstechnica.com
Multiple Teams Creating Bitcoin-based Prediction Markets
| insidebitcoins.com
Canadian Exchange QuadrigaCX to Become World’s First Publicly Traded Bitcoin Exchange
| bitcoinmagazine.com
Do Cryptocurrencies Such as Bitcoin Have a Future?
| www.wsj.com
Report: Bitcoin enables unprecedented financial privacy and security
| coincenter.org
Data Security Is Becoming the Sparkle in Bitcoin
| www.nytimes.com
Ukraine’s 272% Hyperinflation Rate Boosts Bitcoin’s Prospects in Eastern Europe
| cointelegraph.com
Coinplug Enables Bitcoin Buying at Over 7,000 Regular ATMs in South Korea
| www.coindesk.com
Reddit Engineer Explains Why Cryptocurrency Plans Were Scrapped
| insidebitcoins.com
Bitcoin Startups, Volabit and SatoshiTango, Bring Rebittance Service to Argentina and Mexico
| www.coindesk.com
Markets Weekly Bitcoin Price Rallies Amid Positive Newsflow
| www.coindesk.com

A Guide to Basic Password Security & The Danger of Last Pass

A key element of good internet security is having secure passwords that you don't reuse on multiple sites. If you reuse passwords, all it takes is one site to be compromised, and the malicious individual will then have access to all the other sites where you used the same password. Making long secure passwords that are unique can become overwhelming pretty quickly, so I suggest using a password manager that can store all of your passwords and general login info for you.

A lot of people on the internet have been suggesting LastPass as a way to securely store long alpha numeric passwords that are unique to each site they have an account with. Proponents of Lastpass argue that all data is encrypted client side, so Lastpass doesn’t have access to your passwords, but since it isn’t open source there is no way to confirm that.

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With the Lavabit case, it came to our attention that the US government uses secret court orders to compel US based companies to provide backdoors to otherwise secure systems . At the same time they issue gag orders to prevent the exposure of the backdoor to the public. Since Lastpass is a US based company, this is a real possibility, and I strongly suggest not to use them. You are essentially putting all of your eggs(passwords and usernames) in one basket that is easily accessible to the US government and its allies.

As a cryptography and computer security expert, I have never understood the current fuss about the open source software movement. In the cryptography world, we consider open source necessary for good security; we have for decades. Public security is always more secure than proprietary security. It's true for cryptographic algorithms, security protocols, and security source code. For us, open source isn't just a business model; it's smart engineering practice. ------Bruce Schneier, Crypto-Gram 9/15/1990

People who truly value their security and privacy should use KeePassX instead. It is essentially Lastpass but it is open source so the code can be inspected for backdoors by the community. Conveniently, Keepass is included in the Tails live linux operating system, which is a privacy focused OS that is intended to leave no trace on any computer you use it on.

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Last but not least, you should be using two factor authentication on any site that offers it. If you are using the Google Authenticator or Authy smartphone apps for this purpose, make sure that you save a copy of the QR code that is generated when you first setup the 2FA. It will act as a backup just in case you lose your phone. Make sure you keep those QR codes somewhere safe because if someone has access to them they can bypass your 2FA.

Disclaimer: This post is intended solely to provide information. As I have no knowledge of individual circumstances and technical level, readers are expected to complete their own due diligence before proceeding with anything mentioned in this article. The topics discussed in this post are advanced and readers proceed at their own risk.