A year ago today, my family was featured in a Motherboard Vice article called “Meet the ‘Bitcoin Family.’” Since that time, my two sons have learned a whole lot more about Bitcoin and are fascinated by their father’s work as a cryptocurrency journalist.

Learning About The Tools of Liberty at a Very Young Age

My son Joshua is now seven, and Franklin is three, and we often discuss the Bitcoin industry that surrounds my life. As a journalist and graphic artist, our family has lived off the Bitcoin economy for close to two years now.

Read More Here ~> https://news.bitcoin.com/bitcoin-family-one-year-later/

The Internet has provided a new portal for narcotics customers and suppliers to gain access to illicit drugs, says the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA). According to a research report by the organization, Dark Net Market (DNM) usage is rising in popularity.

Dark Net Markets Are Growing Exponentially and Overcoming Intervention

EMCDDAThe Deep web has become a breeding ground for illicit activity and unusual content, says the EMCDDA’s recent research paper. According to the group, a lot of the attention given to this hidden section of the Internet has been directed at online marketplaces that play an important role in criminal activity, “particularly with respect to sales of new psychoactive substances.”

https://news.bitcoin.com/european-drug-report-dark-net-markets/

The state of California has officially ceased further plans to adopt cryptocurrency legislation this year. The lawmakers attempting to create their own form of the New York BitLicense with Bill AB-1326. The legislation will remain untouched until next year, when authorities may revisit the Bill and try to introduce it again.

Read More Here ~> https://news.bitcoin.com/california-bitlicense-dropped/

Today I received my three OpenDime (opendime.com) devices in the mail, which came from Toronto via the Coinkite headquarters. I decided to give the product a review for all you Bitcoin.com readers to get an inside glimpse on how the device operates.

OpenDime: The First Hardware Bitcoin Bearer Bond

The package I received was small and contained three OpenDime devices, instructions, and a sticker. I took one of the devices out of the packaging, noticing that all of them were sealed properly. Although the devices are inexpensive — costing just $40 USD for a three pack — the OpenDime looked very well built.

https://news.bitcoin.com/opendime-bitcoin-stick-review/

A recent blog post from Xapo called “What happens if Xapo gets hacked?” the company discusses the unfortunate Bitfinex heist that took place on August 2, 2016. Xapo says that if they were compromised the company would cover the losses from its own reserve. This is a glaring difference to the many exchanges that failed to reimburse their customers.

It will be interesting to see how Bitfinex fares after their losses as it was the biggest Bitcoin exchange heist since the demise of Mt Gox. It’s safe to say exchanges that don’t pay their customers back in full will discourage new users from entering the Bitcoin space.

https://news.bitcoin.com/bitcoin-reimburse-losses-stay-alive/

The San Diego-based wallet company Airbitz has just announced the release of its Bitcoin wallet Plugin API for third party applications and services within the industry.

Airbitz Plugin API Brings Bitcoin to 3rd Party Apps

Airbitz says they have been hard at work with Airbitz SDK integrations, Glidera implementations, Edge Security partnerships, and now with the latest Plugin API. With this feature service, developers can develop fully integrated plugins for the Airbitz mobile application enabling third party services to collaborate with the company’s resources.

https://news.bitcoin.com/airbitz-bitcoin-third-apps-plugin-api/

The Crypto Cannabis Conference is holding its second annual conference in Denver, Colorado — where cannabis is legalized for recreational use.

Crypto Cannabis Conference Comes to Colorado

The cannabis industry is growing exponentially in the U.S., and this year many states are on the path to legalize marijuana. With this economy now budding, many Bitcoin entrepreneurs want to combine both industries together to make things more prosperous for both markets.

https://news.bitcoin.com/denver-2nd-crypto-cannabis-conference/

Irishman Gary Davis, 28, has been ordered to be extradited to the United States for his alleged participation with the Silk Road Marketplace. The Kilpedder in Co Wicklow resident was charged with two others of conspiracy to distribute illicit drugs, computer espionage, and money laundering charges.

Irishman With Aspergers May Face Trial In New York For Alleged Participation With Silk Road Affairs

According to the FBI Davis is responsible for being a Silk Road operator called ‘Libertas’ and had a personal relationship with Ross Ulbricht says a lead investigator in the case. Libertas was responsible for dealing with vendors, and organizing the narcotics sold on the site into different class types.

Read More Here ~> https://news.bitcoin.com/silk-road-operator-us-extradition/

Bitcoin.com is proud to announce a new financial technology conference will be taking place in London on November 6-7, 2016. The event Blockchain: Money will incorporate some of the most well-known innovators and executives in the digital currency and blockchain industry.

Blockchain: Money: Rebooting Finance from London

The Blockchain: Money conference will take place in the beautiful surroundings of 155 Bishopsgate in London. The city of London has continued to progress as a fintech hotspot in the world with many startups and investors who reside in the region. The two-day event will focus on emerging fintech markets, cryptocurrency initiatives, blockchain industry growth, and real-world use cases.

https://news.bitcoin.com/bitcoin-com-blockchain-money-london/

A new hacker residency will be taking place in New York City this September with help from BTC developer Matt Corallo. The four-week R&D program will be hosted by Chaincode Labs and will provide an environment for Bitcoin education, development, and project building.

Chaincode To Further Bitcoin Development With a Four-Week Hacker Residency in NY

On September 12 the team behind Chaincode and Matt Corallo co-founder of Blockstream are looking for interested individuals to join the program. Chaincode says if there are people that would like to contribute to Bitcoin Core or want to spend time designing protocols with the Bitcoin network this four-week program will be the place to be. The R&D organization explains there will be a series of talks and most importantly learning by doing amongst the top minds within the industry.


Read More Here ~> https://news.bitcoin.com/chaincode-bitcoin-hacker-residency/

Bitcoin.com spoke with Kumar Gaurav, co-founder, and CEO for the Bitcoin remittance platform Cashaa (cashaa.com). It’s aP2P cash transfer app is targeting a global market worth of over $300 billion while leveraging zero fees and cryptocurrency solutions.

Cashaa: 0% Fee Remittance App

https://news.bitcoin.com/cashaa-free-p2 ... -unbanked/

The developers of Zcash are on a mission to provide anonymity to cryptocurrency transactions and the team has been working with Ethereum developers to create the ‘HTTPS’ for Bitcoin’s internet of money.

Zcash & Ethereum: Birth of ‘Baby ZoE’

This past July, Zcash developer Sean Bowe explained via the team’s blog that a group of programmers met at Cornell University to implement zk-SNARKs to the Ethereum protocol.

During the Ethereum/IC3 Bootcamp at Cornell, developers Vitalik Buterin, Sean Bowe, Eran Tromer, and Andrew Miller convened to develop anonymous transactions on top of the Ethereum blockchain. Zk-SNARKs is the cryptographic framework beneath the Zcash protocol.

https://news.bitcoin.com/zcash-baby-zoe-ether-anonymous/

21inc’s Balaji S. Srinivasan recently pointed out an interesting paper that proposes to anonymize all Bitcoin transactions. The process is called Mimblewimble, and it prevents the blockchain from broadcasting user information. 

Mimblewimble Proposes to Anonymize All BTC Transactions

The paper written by Tom Elvis Jedusor published on July 19 gives a comprehensive new outlook on the anonymization of Bitcoin transactions. Jedusor explains how Bitcoin exchanges can be monitored and mentions there are companies are being created at this very moment to bolster this activity.

https://news.bitcoin.com/mimblewimble-bitcoin-anonymity/

According to the Wall Street Journal, the International Business Machines Corp. (IBM) plans on launching one of the largest commercial use cases of blockchain technology this September. The company believes it can relieve millions associated with dispute costs and holding periods between clientele.

IBM Global’s Jerry Cuomo, vice president of blockchain technologies, said the new blockchain-based internal dispute resolution software could save partners $100 million in tied up capital due to disputes. By removing third party arbitration, it will relieve its financing unit from hassles involved with disputes including paperwork, suspended transactions, and unit deals between partners.

https://news.bitcoin.com/ibm-commercial-blockchain-september/