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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 taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

Advertise with Anonymous Ads

Bitcoin v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Bitcoin-Qt v0.9.0rc3 released

Posted on 13 March 2014 | 3:21 am

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

This A16z Startup is Building a 'Virtual Galaxy' for Bitcoin Nodes - CoinDesk


CoinDesk

This A16z Startup is Building a 'Virtual Galaxy' for Bitcoin Nodes
CoinDesk
Some have said that bitcoin can be thought of as digital property, akin to a kind of virtual gold. If so, this description then raises the question – can technology be used to create entirely digital landscapes? The developers behind a project called ...

Posted on 29 June 2016 | 11:06 am

How Investors Can Protect Themselves Against Bitcoin Scams - CoinTelegraph


CoinTelegraph

How Investors Can Protect Themselves Against Bitcoin Scams
CoinTelegraph
The latest incidence involved a supposed Bitcoin cloud mining company Hashocean whose website was inaccessible for about five days. Also, among the supposed scammers is OneFxZone, a self-acclaimed trading company who still claim to be honest, but ...

Posted on 29 June 2016 | 10:14 am

Bitcoin Goes Mainstream in India, South Asia As Merchants Get Bitcoin Payment Processing - CoinTelegraph


CoinTelegraph

Bitcoin Goes Mainstream in India, South Asia As Merchants Get Bitcoin Payment Processing
CoinTelegraph
For some time now, Indian merchants were able to accept payments in Bitcoin but just not receive a payout in INR. Now, Indian merchants can accept payments in Bitcoin and receive a payout in INR. Bitcoin is no longer just an 'investment' in India but ...
TSYS Puts Bitcoin In PerspectivePYMNTS.com

all 2 news articles »

Posted on 29 June 2016 | 8:20 am

This New Tech Turns a Bitcoin and Ethereum Wallet into a Contactless Card - CryptoCoinsNews


CryptoCoinsNews

This New Tech Turns a Bitcoin and Ethereum Wallet into a Contactless Card
CryptoCoinsNews
Utilizing the new NFC technology, Plutus aims to make physical Bitcoin and Ethereum payments as easy as tap and go, with merchants not being aware the payment was a digital currency based transaction, ensuring almost universal acceptance of Bitcoin ...

Posted on 29 June 2016 | 6:55 am

Bitcoin Impact Unclear as Chinese Legislators Draft 'Virtual Property' Law - CoinDesk


Bitcoin Magazine

Bitcoin Impact Unclear as Chinese Legislators Draft 'Virtual Property' Law
CoinDesk
However, ChinaLedger's legal lead, Broad and Bright partner Roland Sun, as well as other China-based sources, are now asserting that the text in question contains no specific reference to digital currencies or bitcoin. In interview, Sun said the law is ...
China Signals a New, Accepting Approach to Digital CurrenciesBitcoin Magazine

all 3 news articles »

Posted on 29 June 2016 | 6:44 am

Bitcoin Price Technical Analysis - Triangle Breakdown! - newsBTC


newsBTC

Bitcoin Price Technical Analysis - Triangle Breakdown!
newsBTC
Bitcoin price was trading inside an ascending triangle pattern as illustrated in a previous article. Price broke below support, indicating a pickup in bearish momentum and a likely drop to the triangle lows around $580. Technical indicators are also ...

and more »

Posted on 28 June 2016 | 9:15 pm

Is Bitcoin Money? Florida Judge to Decide - American Banker


American Banker

Is Bitcoin Money? Florida Judge to Decide
American Banker
WASHINGTON — Whether bitcoin is actual currency is at the forefront of a first-of-its-kind money-laundering case in Florida to be decided Friday. In February 2014, Michel Espinoza was arrested in a Miami Beach motel for agreeing to sell $30,000 worth ...

Posted on 28 June 2016 | 3:14 pm

British bitcoin market sent extraordinary signals ahead of the Brexit vote - Yahoo Finance


Yahoo Finance

British bitcoin market sent extraordinary signals ahead of the Brexit vote
Yahoo Finance
The price of the digital currency bitcoin rose 6.5% in the 24 hours directly after Britain voted to leave the European Union. And while the coin had already been on a ride over the two weeks before the vote (it's up 25% in the last month), for a number ...

and more »

Posted on 28 June 2016 | 8:01 am

Why Ethereum Needs 'Dumb' Contracts

Ethereum entrepreneur Daniel Cawrey discusses the recent demise of The DAO and how that impacts the future of smart contracts.

Posted on 29 June 2016 | 11:50 am

This A16z Startup is Building a 'Virtual Galaxy' for Bitcoin Nodes

The developers of an effort to create a distributed network of servers called Urbit is hoping to help make it easier for users to run bitcoin nodes.

Posted on 29 June 2016 | 11:06 am

Chinese Yuan Devaluation Fails to Fuel Bitcoin Price Rally

The price of bitcoin failed to increase despite the fact the yuan-dollar exchange rate was close to its lowest point since 2010 this week.

Posted on 29 June 2016 | 7:34 am

Bitcoin Impact Unclear as Chinese Legislators Draft 'Virtual Property' Law

Reports that a new Chinese draft bill would cover digital currencies appear exaggerated, according to local sources.

Posted on 29 June 2016 | 6:40 am

New Vulnerability May Prevent Ethereum Soft Fork

One possible solution to the attack that led to the draining of funds from The DAO is now believed to include an exploit of its own.

Posted on 28 June 2016 | 3:00 pm

The Inventor of the Merkle Tree Wants DAOs to Rule the World

Cryptography pioneer Ralph Merkle recently returned to the crypto community to advocate for the spread of what he calls "DAO democracy".

Posted on 28 June 2016 | 12:31 pm

Siemens to Invest in Blockchain Startups

German engineering giant Siemens plans to invest in blockchain startups and projects through a newly created business unit backed by $1.1bn.

Posted on 28 June 2016 | 12:04 pm

Presidential Candidate Hillary Clinton Pledges Support for Blockchain

US presidential candidate Hillary Clinton has announced she will support blockchain applications as part of her planned tech platform.

Posted on 28 June 2016 | 9:32 am

Brazil's Banco Bradesco Joins R3 Consortium

A major Brazilian banking institution has become the latest member of distributed ledger consortium R3.

Posted on 28 June 2016 | 7:51 am

IBM Opens Blockchain Garage in New York City

IBM has announced the opening of a new office for blockchain coders in a trendy New York City neighborhood.

Posted on 28 June 2016 | 7:00 am

Kraken Acquires Dutch Bitcoin Exchange CleverCoin

San Francisco-based digital currency exchange Kraken is making yet another acquisition, scooping up Dutch exchange CleverCoin.

Posted on 27 June 2016 | 10:00 pm

Multiple Bidders Claim $16 Million in Australian Bitcoin Auction

As many as four bidders have claimed $16m in bitcoin recently auctioned off in Australia by Ernst & Young.

Posted on 27 June 2016 | 8:58 pm

ItBit Explores Adding Ether to Bitcoin Exchange

ItBit is evaluating whether to add support for ether, according to its CEO.

Posted on 27 June 2016 | 3:01 pm

Bid to Blacklist The DAO Attacker Advances With Ethereum Soft Fork Vote

Mining pools have largely adopted a patch that would blacklist addresses connected to The DAO, the Ethereum-based funding vehicle, after its collapse.

Posted on 27 June 2016 | 1:19 pm

How the 'Brexit' Could Impact the UK's Blockchain Influence

Momentum around the UK’s rapidly growing blockchain industry could slow following the 'Brexit' vote, experts say.

Posted on 27 June 2016 | 11:45 am

Ex-JPMorgan Strategist: Euro Collapse Will Fuel Bitcoin's Growth

The owner of a bitcoin investment fund is arguing investors should begin preparing for the "death of the euro" following last week's 'Brexit'.

Posted on 27 June 2016 | 7:38 am

Bitcoin Exchange Raises $16 Million in Ongoing Series A Funding

A bitcoin exchange startup based in Singapore has raised $16m in new funding as part of an ongoing Series A.

Posted on 27 June 2016 | 5:55 am

Why Focusing on Bitcoin's Customer Experience Matters

IBM's Martin Hagelstrom looks at how bitcoin can achieve growth in a market full of digital payments systems run by tech and finance giants.

Posted on 26 June 2016 | 10:18 am

China Signals a New, Accepting Approach to Digital Currencies

China’s government has signaled that it is warming up to digital currency with a new proposed civil law that may recognize people’s legal...

The post China Signals a New, Accepting Approach to Digital Currencies appeared first on Bitcoin Magazine.

Posted on

The Securities Law Implications of the DAO Hack and Proposed Ethereum Hard Fork

The top five blockchain crowdsales bore out of the Bitcoin 2.0 movement have raised more than a quarter-of-a-billion dollars in “initial...

The post The Securities Law Implications of the DAO Hack and Proposed Ethereum Hard Fork appeared first on Bitcoin Magazine.

Posted on

IBM Opens New York Bluemix Garage for Cloud Blockchain Application Development

IBM on Tuesday announced a new Bluemix Garage in New York, located at Galvanize’s newly launched New York campus in SoHo. This enables...

The post IBM Opens New York Bluemix Garage for Cloud Blockchain Application Development appeared first on Bitcoin Magazine.

Posted on

Local Trade and Decentralized Exchange: Protecting Privacy When Moving in and Out of Bitcoin

Bitcoin right now is not really anonymous. While Bitcoin addresses aren't necessarily linked to real-world identities, they can be....

The post Local Trade and Decentralized Exchange: Protecting Privacy When Moving in and Out of Bitcoin appeared first on Bitcoin Magazine.

Posted on

The Bitcoin Halving Approaches: Miners BitFury and BTCC Not Concerned

The second-ever Bitcoin block reward halving is estimated to take place in a little under two weeks, and the overall effects of this event...

The post The Bitcoin Halving Approaches: Miners BitFury and BTCC Not Concerned appeared first on Bitcoin Magazine.

Posted on

Bitcoin Thrives in Moments Like Brexit

The Bitcoin price has stabilized on news of Britain leaving the European Union in a historically unprecedented move. The currency, which had...

The post Bitcoin Thrives in Moments Like Brexit appeared first on Bitcoin Magazine.

Posted on

BTCC's Bobby Lee: Chinese Capital Controls Not a Factor in Recent Bitcoin Price Rise

As the price of Bitcoin continues its wild ride, expert observers weigh in on the reasons: China, halving, Japan, Brexit ‒ all seen as...

The post BTCC's Bobby Lee: Chinese Capital Controls Not a Factor in Recent Bitcoin Price Rise appeared first on Bitcoin Magazine.

Posted on

Sweden Conducts Trials of a Blockchain Smart Contracts Technology for Land Registry 

The Swedish National Land Survey (Lantmäteriet) recently announced that it is conducting trials of a system that uses blockchain technology...

The post Sweden Conducts Trials of a Blockchain Smart Contracts Technology for Land Registry  appeared first on Bitcoin Magazine.

Posted on

June 29, 2016 -
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