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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

Wikimedia Foundation Now Accepts Bitcoin

Posted on 30 July 2014 | 3:14 pm

German Newspaper "taz" accepts Bitcoin

Posted on 22 July 2014 | 1:32 pm

airBaltic - World’s First Airline To Accept Bitcoin

Posted on 22 July 2014 | 11:03 am

Expedia to accept Bitcoin payments for hotel bookings

Posted on 12 June 2014 | 12:41 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

Cross-border payments experts debate Bitcoin remittances - International Business Times UK


International Business Times UK

Cross-border payments experts debate Bitcoin remittances
International Business Times UK
Common criticisms of Bitcoin remittances are a lack of liquidity, as well as practical problems in cashing out and exchanging cryptocurrency for fiat. Forzely said: "I think all cryptos in general are developing technologies. So there are varying ...

Posted on 25 May 2016 | 9:03 am

KeepKey Prepares for Bitcoin Scaling With Wallet Startup Acquisition - CoinDesk


The Merkle

KeepKey Prepares for Bitcoin Scaling With Wallet Startup Acquisition
CoinDesk
As developers prepare for the launch of Segregated Witness, a proposed scaling method for the bitcoin network, one startup based in the US has purchased an entire firm to help it prepare for the change. Hardware wallet firm KeepKey announced today that ...
KeepKey LLC Acquires Bitcoin Wallet Provider MultiBitThe Merkle

all 2 news articles »

Posted on 25 May 2016 | 8:52 am

Spain arrests 30 suspected of laundering money - CNBC


CNBC

Spain arrests 30 suspected of laundering money
CNBC
Spanish police said on Wednesday they had arrested 30 people suspected of illegally distributing pay television content and of laundering the proceeds by investing in bitcoin "mining" centres for processing transactions in the digital currency, which ...
Spain arrests 30 suspected of laundering money in bitcoin centresDaily Mail

all 1 news articles »

Posted on 25 May 2016 | 8:51 am

Japan Passes Bill to Regulate Bitcoin Exchanges - CryptoCoinsNews


CryptoCoinsNews

Japan Passes Bill to Regulate Bitcoin Exchanges
CryptoCoinsNews
The Diet in Japan (the legislature consisting of the Lower and the Upper Houses) has passed a bill today that mandates the regulation of bitcoin and virtual currency exchanges by the Financial Services Agency (FSA) in Japan. Japan has enacted a bill ...
Japan Introduces Regulations for Bitcoin ExchangesnewsBTC
Bitcoin exchange operators now mandated to register with Japanese FSALeapRate
Japan Enacts Regulation for Digital Currency ExchangesCoinDesk

all 4 news articles »

Posted on 25 May 2016 | 6:16 am

Coinbase Co-Founder: Ethereum Could 'Blow Past' Bitcoin - CoinDesk


CoinDesk

Coinbase Co-Founder: Ethereum Could 'Blow Past' Bitcoin
CoinDesk
In a sweeping, 2,500-word blog post today, Fred Ehrsam, the co-founder of one of the best funded blockchain startups, Coinbase, took aim at what he called a "stagnant" bitcoin community that he characterized as being outperformed by innovators working ...
Coinbase Co-Founder: "Ethereum Is Ahead of Bitcoin in Many Ways"CryptoCoinsNews
There is nothing that Bitcoin can do which Ethereum cant, Coinbase co-founder saysEconoTimes
Coinbase Co-Founder Fred Ehrsam Endorses EthereumThe Merkle

all 5 news articles »

Posted on 24 May 2016 | 2:43 pm

Ethereum, explained: why Bitcoin's stranger cousin is now worth $1 billion - Vox


Vox

Ethereum, explained: why Bitcoin's stranger cousin is now worth $1 billion
Vox
Bitcoin has struggled to live up to the hype that surrounded its emergence into the mainstream three years ago. Despite more than a billion dollars of venture capital funding, Bitcoin startups have failed to develop applications that appeal to ...

and more »

Posted on 24 May 2016 | 8:00 am

Bitcoin Production Will Drop By Half In July, How Will That Affect The Price? - Forbes


Forbes

Bitcoin Production Will Drop By Half In July, How Will That Affect The Price?
Forbes
One of the most fascinating aspects of the Bitcoin narrative is the trajectory of its price. Since its birth seven years ago, this abstract currency that only exists as computer code and/or in a small but rabid collective conscious has gone from ...
Kill Monsters, Get Bitcoin: Minecraft Server Releases Version 2.0, Opens Up “Satoshi Town”CoinTelegraph

all 3 news articles »

Posted on 24 May 2016 | 5:30 am

Hackers Steal $2 Million From Bitcoin Exchange In Hong Kong, Bounty Offered To Recover Funds - Forbes


Forbes

Hackers Steal $2 Million From Bitcoin Exchange In Hong Kong, Bounty Offered To Recover Funds
Forbes
The Hong Kong-based firm admitted a security breach occurred between May 9 and 12 that allowed unauthorized access to its “hot wallets” holding both Bitcoins and Ethere (a Bitcoin rival). In total, the hackers were able to steal 250 Bitcoins and 185 ...

and more »

Posted on 24 May 2016 | 4:13 am

I'm ditching traditional banks in favor of bitcoin—and you can, too - Quartz


Quartz

I'm ditching traditional banks in favor of bitcoin—and you can, too
Quartz
I've been interested in bitcoin (BTC) as a concept since its inception. Until recently, however, I considered bitcoin more of a cryptographic experiment than something that could affect my daily life. One of the biggest obstacles for me was practicality.
Bitcoin Catches On With Gold BugsWall Street Journal
What Bitcoin Pizza Day Can Teach Us TodayCoinTelegraph
Cryptocurrency Experts Predict Exponential Bitcoin Price GrowthnewsBTC

all 6 news articles »

Posted on 23 May 2016 | 5:01 am

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

Chinese Finance Giant Joins R3 Blockchain Consortium

A major Chinese financial firm has inked a new partnership with startup R3CEV.

Posted on 24 May 2016 | 1:56 pm

Federal Court Dismisses Bitcoin Startup BitPay's Phishing Lawsuit

A legal fight between bitcoin payment processor BitPay and a major insurance company has ended, court documents reveal.

Posted on 24 May 2016 | 10:18 am

UAE's First Bitcoin Startup Shuts Down

Bitcoin payments firm YellowPay has shut down according to members of its founding team.

Posted on 24 May 2016 | 8:44 am

Payment Processor Invests in Dubai-Based Bitcoin Startup

Payment service provider PayFort is among the investors in a seed funding round announced by Dubai-based bitcoin startup BitOasis.

Posted on 24 May 2016 | 6:00 am

5 Members of US National Guard Arrested for Alleged Bitcoin Scam

A group of US Army National Guard members have been arrested and charged with a scheme to use bitcoin to purchase stolen credit cards

Posted on 23 May 2016 | 3:30 pm

Swedish Court Rules Against KnCMiner Mining Hardware Customers

A legal effort to sue bitcoin mining firm KnCMiner over product refunds has been dealt a blow in Sweden, court documents reveal.

Posted on 23 May 2016 | 2:49 pm

The Father of Futarchy Has an Idea to Reshape DAO Governance

The creator of Futarchy, a governance model founded on prediction markets Robin Hanson, discusses his concept in the context of DAOs.

Posted on 23 May 2016 | 11:24 am

The DAO is a New Dow

This op-ed explores The DAO's creation in the context of existing stock exchanges, as well as the overall evolution of technology.

Posted on 22 May 2016 | 10:22 am

Determining Jurisdiction When a DAO is Sued

Does distributed presence create distributed liability?

Posted on 22 May 2016 | 8:25 am

Blockchain's Big Innovation is Trust, Not Money

In this opinion piece, a former Wall Street pro discusses why he believes the blockchain is best perceived as an innovation in distributed trust.

Posted on 21 May 2016 | 9:57 am

The New Banking Standard

In this op-ed, bitcoin enthusiast Martin Hagelstrom touches on the slow but steady embrace of blockchain by the world's banks.

Posted on 21 May 2016 | 9:40 am

Ethereum Startup Offers Grants to Open Blockchain Developers

String Labs has announced its program to award grants to innovators building on the Ethereum blockchain. Permissioned ledgers need-not apply.

Posted on 20 May 2016 | 4:21 pm

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

DARPA, NATO Looking at Military Applications of Blockchain Technology

Both the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense (DoD) and NATO have put out requests for...

The post DARPA, NATO Looking at Military Applications of Blockchain Technology appeared first on Bitcoin Magazine.

Posted on

Are Altcoins Bitcoin’s Friends or Enemies?

Altcoins have a long tradition in the Bitcoin community, but they tend to cause a contentious divide among those who think they’re useful...

The post Are Altcoins Bitcoin’s Friends or Enemies? appeared first on Bitcoin Magazine.

Posted on

Holy DAO! Reflections on the $155 Million (And Growing) Autonomous Behemoth

DAO: a distributed, autonomous corporation. (A backgrounder can be found here.) Just more than a year ago, as I was completing work...

The post Holy DAO! Reflections on the $155 Million (And Growing) Autonomous Behemoth appeared first on Bitcoin Magazine.

Posted on

Deloitte Team Launches Custom Blockchain Solution Rubix Core

Earlier this month, the Rubix by Deloitte team started rolling out their beta product, Rubix Core, with an early release to a group of...

The post Deloitte Team Launches Custom Blockchain Solution Rubix Core appeared first on Bitcoin Magazine.

Posted on

Advertise with Anonymous Ads

Features From the Most Popular Altcoins Are Planned for Bitcoin

For many people involved with Bitcoin, altcoins are nothing more than testnets. Hundreds of digital currencies are currently listed on...

The post Features From the Most Popular Altcoins Are Planned for Bitcoin appeared first on Bitcoin Magazine.

Posted on

May 25, 2016 -
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