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What is Bitcoin?

Bitcoin is a digital crypto-currency with no single point of failure due to its decentralized peer-to-peer architecture. The source code is publicly available and changes to the reference Bitcoin client are made via concensus within the community. Advantages of Bitcoin include irreversible transactions (i.e. no possibility of chargebacks as with credit cards), pseudo-anonymous, limited and fixed inflation, near instant transactions, multi-platform, no double-spend and little to no barriers to entry and more. It was created by an anonymous person known as Satoshi Nakamoto. Find out more at WeUseCoins.com.

Bitcoin Latest News

Major Magazine Publisher to Accept Bitcoin Payments

Posted on 18 December 2014 | 12:43 pm

Microsoft accepts Bitcoin

Posted on 11 December 2014 | 5:06 am

Mozilla accepting Bitcoin

Posted on 20 November 2014 | 1:55 pm

PayPal and Virtual Currency

Posted on 23 September 2014 | 9:52 pm

German Newspaper "taz" accepts Bitcoin

Posted on 22 July 2014 | 1:32 pm

Bitcoin Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 pm

Bitcoin taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

Bitcoin v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Miami money-laundering case may define whether Bitcoin is really money - Miami Herald


Miami Herald

Miami money-laundering case may define whether Bitcoin is really money
Miami Herald
In a Miami money-laundering case that is being closely watched around the world, an economics professor took to the witness stand Friday to offer a tutorial on the widely known, if poorly understood, virtual currency known as Bitcoin. The takeaway ...
The Benefits of Owning Bitcoin Over GoldInvestorGuide

all 3 news articles »

Posted on 27 May 2016 | 4:14 pm

Bitcoin companies come of age; start moaning about unfair playing fields - FT Alphaville (registration)


Bitcoin companies come of age; start moaning about unfair playing fields
FT Alphaville (registration)
Blockchain/fintech/bitcoin conferences are ten a penny these days, and we don't mean to bore you with the minutiae of what went on at yet another one. But there was one thing that came out of a conference we attended in Istanbul this week that does ...

Posted on 27 May 2016 | 12:22 pm

What Are Some Things the Media Lab is Doing With Bitcoin and Blockchain? - Huffington Post


What Are Some Things the Media Lab is Doing With Bitcoin and Blockchain?
Huffington Post
Before I arrived, MIT students Jeremy Rubin and Dan Elitzer raised $500,000 to give $100 in bitcoin to every undergraduate student at MIT. That helped raise awareness of cryptocurrencies on campus, and since then, with the support of the Digital ...

Posted on 27 May 2016 | 11:45 am

Bitcoin Mining Firm KnCMiner Declares Bankruptcy - CoinDesk


CoinDesk

Bitcoin Mining Firm KnCMiner Declares Bankruptcy
CoinDesk
Sweden-based bitcoin mining firm KnCMiner, a startup that has raised $32m in venture funding from investors including Accel and Creandum, has declared bankruptcy. Once one of the industry's fastest-growing mining firms, the bankruptcy filing and ...
Swedish Bitcoin Mining Firm KnCMiner Files For BankruptcyThe Merkle

all 2 news articles »

Posted on 27 May 2016 | 11:45 am

Hacker Donates $11k of Stolen Bitcoin to Kurdish Fighters Battling ISIS - CoinTelegraph


CoinTelegraph

Hacker Donates $11k of Stolen Bitcoin to Kurdish Fighters Battling ISIS
CoinTelegraph
In one of the most high-profile cases, Bitcoin exchange Mt. Gox, once the largest in the world, lost 800,000 Bitcoin and has since imploded. Major cryptocurrency exchange BitFinex also fell victim to theft late last year, though the 1,400 Bitcoin loss ...

Posted on 27 May 2016 | 9:56 am

Bitcoin Price Soars Toward $500 On Back Of Weakening Chinese Yuan - International Business Times


International Business Times

Bitcoin Price Soars Toward $500 On Back Of Weakening Chinese Yuan
International Business Times
The price of a single bitcoin has surged in the last 24 hours, hitting a 20-month high as a result of stronger demand from China, where a devalued yuan has seen investors looking to overcome currency controls. Since just after 4 a.m. EDT Friday, the ...
BTCC Promotes Bitcoin With Physical Titanium Coin Linked to Uncirculated BitcoinAllCoinsNews.com (blog)
BTCC introduces titanium physical bitcoins – BTCC Mint coinsEconoTimes

all 3 news articles »

Posted on 27 May 2016 | 8:30 am

PayPal Modular Payment System Will Support Bitcoin - newsBTC


newsBTC

PayPal Modular Payment System Will Support Bitcoin
newsBTC
Further in the patent application, there is a specific mention of providing access to Bitcoin, Dogecoin, and Litecoin. This seems to indicate PayPal will be supporting cryptocurrency once this device comes to fruition. The modular payment system will ...

and more »

Posted on 27 May 2016 | 8:03 am

The Man Who Wrote the Book on Bitcoin Calls 'Know Your Customer' Dangerous - Observer


The Merkle

The Man Who Wrote the Book on Bitcoin Calls 'Know Your Customer' Dangerous
Observer
Mr. Antonopoulos wrote Mastering Bitcoin for O'Reilly Media, a company with a knack for publishing the definitive works on technical topics. So it's fair to say that the man who wrote the book on bitcoin believes KYC does more to imperil consumers than ...
Bullish Chinese Investors Push Bitcoin Price Past US$470The Merkle

all 2 news articles »

Posted on 27 May 2016 | 5:19 am

Bitcoin Is Just The Beginning - Wall Street Journal


Wall Street Journal

Bitcoin Is Just The Beginning
Wall Street Journal
The digital currency bitcoin is currently the best-known blockchain technology. If I wanted to pay you using bitcoin, I would start with a bitcoin wallet on my computer or phone and buy bitcoins using dollars. I would then send you a message ...
Bitcoin: The Gift that Keeps on GivingNasdaq
Here's Why Blockchains Will Change the WorldHuffington Post

all 9 news articles »

Posted on 26 May 2016 | 4:37 pm

Was Ether's Loss Bitcoin's Gain? Traders Wonder After Wild Week

The price of bitcoin appreciated nearly 4% for the week ending 27th May.

Posted on 27 May 2016 | 3:47 pm

Kraken to Add DAO Trading as Critics Call for ‘Moratorium’

Amid a vibrant public debate, digital currency exchange operator Kraken has announced it will begin trading The DAO tokens.

Posted on 27 May 2016 | 2:55 pm

Bitcoin Mining Firm KnCMiner Declares Bankruptcy

The parent company of Swedish bitcoin mine operator KnCMiner has declared bankruptcy.

Posted on 27 May 2016 | 11:41 am

Bitcoin Price Hits Six-Month High Amid 5% Surge

Bitcoin prices surged more than 5% in the early hours of 27th May, to reach a more than six-month high.

Posted on 27 May 2016 | 10:36 am

Santander UK to Launch Ripple-Powered Payments App in 2016

The UK arm of Spanish banking group Santander has developed a new payments app in partnership with distributed ledger startup Ripple.

Posted on 26 May 2016 | 11:30 am

Blockchain Entrepreneurs, Musicians Test Ideas at Berlin Music Festival

A group of musicians, entrepreneurs and blockchain advocates is set to gather at a festival in Germany later this week.

Posted on 26 May 2016 | 10:28 am

21 Unveils Vision for Bitcoin-Powered Weather Data Market

Bitcoin’s best-funded startup, 21 Inc, unveiled a new proof-of-concept that envisions how its developer tools could fuel a weather marketplace.

Posted on 26 May 2016 | 9:55 am

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EU Parliament Approves Proposal for Digital Currency Task Force

The European Parliament has voted to recommend that the bloc’s government create a task force dedicated to digital currencies and blockchain.

Posted on 26 May 2016 | 8:37 am

Goldman Sachs: Blockchain Tech Could Save Capital Markets $6 Billion a Year

A new report from Goldman Sachs Investment Research projects blockchain technology could save billions across industries.

Posted on 25 May 2016 | 4:44 pm

Can a New Social Operating System Fix The DAO?

An Ethereum startup led by a Harvard Berkman researcher is submitting a proposal to fix The DAO, the largest autonomous organization.

Posted on 25 May 2016 | 2:26 pm

Deloitte to Staff New Blockchain Lab With 50 Developers

Deloitte is assembling a team of 50 blockchain experts in Ireland to help lead the company's global expansion into the blockchain business.

Posted on 25 May 2016 | 12:19 pm

Spanish Police Seize 6 Bitcoin Mines in Crackdown on Stolen TV Content

Spanish police have seized and destroyed six bitcoin mines as part of an investigation into the illegal distribution of television content.

Posted on 25 May 2016 | 9:47 am

KeepKey Prepares for Bitcoin Scaling With Wallet Startup Acquisition

Hardware wallet firm KeepKey announced today that it has acquired MultiBit, a desktop-based bitcoin wallet program.

Posted on 25 May 2016 | 8:51 am

Japan Enacts Regulation for Digital Currency Exchanges

Japan’s national legislature approved a bill on Wednesday to regulate domestic digital currency exchanges.

Posted on 25 May 2016 | 7:19 am

Blockchain Startup Develops Identity App with Major Airline IT Firm

Blockchain startup ShoCard has developed a proof-of-concept focused on digital identity in partnership with a major airline IT firm.

Posted on 25 May 2016 | 5:31 am

Coinbase Co-Founder: Ethereum Could ‘Blow Past’ Bitcoin

In a new blog today, Coinbase exec Fred Ehrsam sought to position Ethereum as a competitor to bitcoin in the digital currency industry.

Posted on 24 May 2016 | 2:40 pm

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Blockchain Technology Will Profoundly Change the Derivatives Industry

Editor's note: This is a guest post by Matt O’Brien. As the hype and pessimism around blockchain technology converge toward reality over the...

The post Blockchain Technology Will Profoundly Change the Derivatives Industry appeared first on Bitcoin Magazine.

Posted on

IBM: Government and Blockchain Sector Should Work Together to Enhance National Security

IBM Vice President for Blockchain Technologies Jerry Cuomo recently testified before the Commission on Enhancing National Cybersecurity on...

The post IBM: Government and Blockchain Sector Should Work Together to Enhance National Security appeared first on Bitcoin Magazine.

Posted on

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Russia’s National Settlement Depository Successfully Tests Blockchain-Based E-Voting System

The National Settlement Depository (NSD), Russia’s central securities depository, has developed and successfully tested an e-proxy voting...

The post Russia’s National Settlement Depository Successfully Tests Blockchain-Based E-Voting System appeared first on Bitcoin Magazine.

Posted on

ISO May Propose Certified Standards for Blockchains and Distributed Ledgers

In April when the Bitcoin community began preparing for Australian Craig Wright’s “Satoshi Nakamoto reveal,” there was another announcement...

The post ISO May Propose Certified Standards for Blockchains and Distributed Ledgers appeared first on Bitcoin Magazine.

Posted on

Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments

Over the past years, the Dutch town of Arnhem consistently made headlines for its exceptional Bitcoin project: Arnhem Bitcoincity. Launched...

The post Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments appeared first on Bitcoin Magazine.

Posted on

Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit

If you’ve ever needed an incentive to get fit, a new app launched in Britain could give you the boost you need. The new fitness app for...

The post Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit appeared first on Bitcoin Magazine.

Posted on

Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork

Although there has been some serious, public drama over scaling in the Bitcoin community for over a year, it appears that the community is...

The post Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork appeared first on Bitcoin Magazine.

Posted on

May 28, 2016 -
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