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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

Mozilla accepting Bitcoin

Posted on 20 November 2014 | 1:55 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

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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Indonesia's Fragmented Digital Wallet Ecosystem Can Learn From Bitcoin - newsBTC


newsBTC

Indonesia's Fragmented Digital Wallet Ecosystem Can Learn From Bitcoin
newsBTC
In Indonesia, for example, there are far too many different digital wallet offerings already. More and more partnerships are forged to offer new solutions, resulting in a fragmented landscape. Bitcoin remains the only unified solution that can work for ...

Posted on 24 July 2016 | 7:00 am

Trendon Shavers Sent to Jail Over Bitcoin Savings and Trust Ponzi Scheme - Finance Magnates


Finance Magnates

Trendon Shavers Sent to Jail Over Bitcoin Savings and Trust Ponzi Scheme
Finance Magnates
Between September 2011 and September 2012, Shavers' Bitcoin Savings & Trust (BTCST) allegedly raised 764,000 bitcoins, worth roughly $4.5 million at the time (and over half a billion USD at current Bitcoin exchange rates), from clients that trusted him ...

Posted on 24 July 2016 | 6:54 am

BitCluster Claims To De-Anonymize Bitcoin users - newsBTC


newsBTC

BitCluster Claims To De-Anonymize Bitcoin users
newsBTC
There has been a lot of talk about Bitcoin and whether or not it is anonymous. Cryptocurrency experts will gladly point out Bitcoin is not anonymous, but rather pseudonymous. For those people interest in de-anonymizing cryptocurrency, however ...

Posted on 24 July 2016 | 5:00 am

5 Reasons Why Bitcoin Value Must Increase In Future - CoinTelegraph


CoinTelegraph

5 Reasons Why Bitcoin Value Must Increase In Future
CoinTelegraph
Bitcoin's continuously price is but the tip of the iceberg when it comes to reasons to invest in “The Future of Money.” However, since that is the case, here are five great reasons why Bitcoin's price will continue to rise in the future, and draw ...

and more »

Posted on 24 July 2016 | 4:22 am

Avoid Online Bitcoin Wallet Provider Coinwallet.eu - The Merkle


The Merkle

Avoid Online Bitcoin Wallet Provider Coinwallet.eu
The Merkle
There are many different services active in the world of Bitcoin and cryptocurrency. Particularly online wallet services can be hit-and-miss, as it is difficult to distinguish legitimate offerings from outright scams. Coinwallet.eu falls into this ...
Bitcoin Is The Only Non-Tangible Asset Investors Can Truly OwnLive Bitcoin News

all 2 news articles »

Posted on 24 July 2016 | 1:48 am

CryptoStandard SSI Bitcoin Storage Software Hides Wallets in Plain Sight - newsBTC


newsBTC

CryptoStandard SSI Bitcoin Storage Software Hides Wallets in Plain Sight
newsBTC
One of the members on BitcoinTalk, Wisdom Oparaocha who goes by the screen name NyeFe has published a new open source security standard for securing Bitcoin cold wallets. The project called SSI Bitcoin Storage described by the original poster (OP) is ...

Posted on 24 July 2016 | 12:32 am

Bitcoin Price Weekly Analysis –BTC/USD To Weaken Further? - newsBTC


newsBTC

Bitcoin Price Weekly Analysis –BTC/USD To Weaken Further?
newsBTC
Bitcoin price this past week traded towards the $685 level against the US Dollar, but failed to retain the bullish bias, and started to trade down. It broke the 23.6% Fib retracement level of the last wave from the $606 low to $682 high, which opened ...
Bitcoin: BTC/USD Declines Sharply This Week as US Dollar Hits 4 ½ Month HighEconomic Calendar

all 3 news articles »

Posted on 23 July 2016 | 11:00 pm

Bitcoin Developers Warn Ethereum Fork Sets Unsettling Precedent - CoinDesk


CoinDesk

Bitcoin Developers Warn Ethereum Fork Sets Unsettling Precedent
CoinDesk
Joining this larger discussion have been bitcoin's software developers, many of whom have publicly claimed that ethereum's decisions not only permanently alter the value propositions of its platform, but have generated negative publicity that could ...
Bitcoin, The Bell Tolls For TheeHuffington Post
Why Ethereum Succeeded Where Bitcoin FailedMotherboard
Is Ethereum Wounding the Bitcoin Price's Ascent?Bitcoinist.net
CoinTelegraph -Times of India
all 73 news articles »

Posted on 22 July 2016 | 11:46 am

Moody's Clients Working on 120 Blockchain Projects, Report Shows

As many as 120 blockchain-related projects are being undertaken by governments and companies rated by Moody’s, new data shows.

Posted on 22 July 2016 | 3:44 pm

Ether Withdrawals Slow as Millions in DAO Funds Remain Unclaimed

Millions in ether remain unclaimed from an account established for the purpose of allowing original investors in The DAO to get it back.

Posted on 22 July 2016 | 3:03 pm

RBI Calls on Indian Banks to Explore Blockchain

A member of India's central bank has encouraged further collaboration between banks and startups to advance blockchain tech.

Posted on 22 July 2016 | 12:00 pm

Bitcoin Developers Warn Ethereum Fork Sets Unsettling Precedent

Bitcoin Core developers are concerned that the side effects of a hard fork on the ethereum blockchain could have negative impacts on all blockchains.

Posted on 22 July 2016 | 11:20 am

So, You Want to Use a Blockchain for That?

Is blockchain data 'true'? Blockchain consultant Antony Lewis breaks down these questions and more in a new opinion piece.

Posted on 22 July 2016 | 8:57 am

Bitcoin Ponzi Scheme Operator Sentenced to 18 Months in Prison

The first federal securities fraud case involving a bitcoin investment scheme has ended with an 18-month jail sentence.

Posted on 21 July 2016 | 5:38 pm

Why Big Bank Consultants Were Watching Ethereum's Hard Fork

CoinDesk discusses the recent ethereum hard fork with members of major consulting firms with a blockchain specialty.

Posted on 21 July 2016 | 5:01 pm

Bitcoin's 'Nervous System' Gets an Upgrade With FIBRE Network

A long-running effort to boost block propagation times in the bitcoin network is getting an upgrade.

Posted on 21 July 2016 | 2:19 pm

Coinbase Wallet Users Can Now Buy and Sell Ether

Digital currency exchange Coinbase has added support for ethereum, letting consumers buy, sell, send and store ether in their Coinbase accounts.

Posted on 21 July 2016 | 10:18 am

After Rising 1,000%, Uncertainty Clouds Ether's Price Projections

How will ethereum's hard fork affect its price outlook? Traders and market makers weigh in.

Posted on 21 July 2016 | 8:25 am

Bain & Co: Banks Risk Missing Out on Digital Currency

Consulting firm Bain & Company believes banks are at risk of missing out on the adoption of digital currencies – and the revenue that might come with it. The Boston-based firm has published research that argues financial firms are effectively holding themselves back amid an environment of regulatory and technological uncertainty. The consultancy's report specifically targets international payments, stating […]

Posted on 21 July 2016 | 6:19 am

DAO Critic Defends Ethereum Hard Fork as 'Rite of Passage'

The Cornell professor who emerged as one of The DAO's leading critics believes ethereum's hard fork is a sign of maturity.

Posted on 20 July 2016 | 3:30 pm

Nearly Half of All DAO Funds Withdrawn After Ethereum Hard Fork

Forty-three percent, or nearly half of all funds, associated with The DAO have now been withdrawn by former project investors.

Posted on 20 July 2016 | 2:25 pm

Petition Pushes CFTC to Clarify Rules on Blockchain 'Delivery'

A US law firm has filed a petition that argues the CFTC needs to provide clarity on the definition of "delivery" as it pertains to blockchain.

Posted on 20 July 2016 | 12:53 pm

Washington State Utility Raises Power Rates on Bitcoin Miners

A local utility in Washington State is raising power rates months after a dispute began between it and bitcoin miners seeking cheap electricity.

Posted on 20 July 2016 | 11:15 am

Mizuho to Conduct Blockchain Payments Trial With Ripple

Mizuho Financial Group announced this week it will pilot Ripple's distributed ledger technology for use in cross-currency settlement.

Posted on 20 July 2016 | 7:15 am

IBM Launches Blockchain Cloud Services on High Security Server, LinuxONE

IBM has announced a cloud service for organizations requiring a secure environment for blockchain networks. According to the company, the...

The post IBM Launches Blockchain Cloud Services on High Security Server, LinuxONE appeared first on Bitcoin Magazine.

Posted on

Rejecting Today’s Hard Fork, the Ethereum Classic Project Continues on the Original Chain: Here's Why

Ethereum hard forked today. As per what seemed to be the popular demand, the protocol rules have been updated incompatibly with the existing...

The post Rejecting Today’s Hard Fork, the Ethereum Classic Project Continues on the Original Chain: Here's Why appeared first on Bitcoin Magazine.

Posted on

SAP and Ripple Collaborate on Cross-Border Payments Trial Using Blockchain Technology

SAP is venturing into blockchain technology applications. The German multinational company, a market leader in enterprise application...

The post SAP and Ripple Collaborate on Cross-Border Payments Trial Using Blockchain Technology appeared first on Bitcoin Magazine.

Posted on

How Bitcoin's Second Halving Came and Went, and Not Much Happened

Bitcoin's block reward halved for the second time last week, from 25 to 12.5 bitcoins. The event, commonly referred to as “the halving” (or...

The post How Bitcoin's Second Halving Came and Went, and Not Much Happened appeared first on Bitcoin Magazine.

Posted on

Funderbeam Launches Blockchain-Based Trading and Investment Platform for Startups

A year ago, Skype co-founder Jaan Tallinn and Funderbeam co-founder, Urmas Peiker, had a vision of a blockchain-trading platform designed...

The post Funderbeam Launches Blockchain-Based Trading and Investment Platform for Startups appeared first on Bitcoin Magazine.

Posted on

Dutch Bitcoin Companies Start Initiative to Adjust Proposed European Union AML-Directive

The European Commission published a draft directive last week proposing to amend existing anti-money laundering rules to include virtual...

The post Dutch Bitcoin Companies Start Initiative to Adjust Proposed European Union AML-Directive appeared first on Bitcoin Magazine.

Posted on

Why Do Some Bitcoin Mining Pools Mine Empty Blocks?

Blocks on the Bitcoin blockchain have a maximum size of 1 MB. Proof of work difficulty is calibrated so 1 block is created every 10 minutes....

The post Why Do Some Bitcoin Mining Pools Mine Empty Blocks? appeared first on Bitcoin Magazine.

Posted on

A Lawyer’s Perspective: Can Smart Contracts Exist Outside the Legal Structure?

Editor's Note: This is a guest post by Richard Howlett, Solicitor at Selachii LLP London. There can be no debate that technological...

The post A Lawyer’s Perspective: Can Smart Contracts Exist Outside the Legal Structure? appeared first on Bitcoin Magazine.

Posted on

July 24, 2016 -
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