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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

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-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

FortuneJack Launches LuckyJack, a Brand New Bitcoin Casino Game - Yahoo Finance


FortuneJack Launches LuckyJack, a Brand New Bitcoin Casino Game
Yahoo Finance
LuckyJack is a daily free Bitcoin giveaway promo by FortuneJack where the platform distributes up to 1000 mBTC prize fund every day to its registered players. Any FortuneJack players who has deposited a total of at least 10 mBTC can claim free Bitcoin ...

and more »

Posted on 1 July 2016 | 5:08 pm

Ethereum's DAO Forking Crisis: The Bitcoin Perspective - Bitcoin Magazine


Bitcoin Magazine

Ethereum's DAO Forking Crisis: The Bitcoin Perspective
Bitcoin Magazine
The DAO in no way affects Bitcoin, and the choice is fundamentally to be made by the Ethereum community. But the hack and chosen solution may draw a stark and telling contrast with Bitcoin, and the Bitcoin community. Bitcoin Magazine therefore reached ...
Ethereum Value Drops as Bitcoin Price Goes Past $670The Merkle

all 5 news articles »

Posted on 1 July 2016 | 2:19 pm

Bitcoin to Become 'People's Right' in China, New Law Proposed - CoinTelegraph


CoinTelegraph

Bitcoin to Become 'People's Right' in China, New Law Proposed
CoinTelegraph
In what could be a second revolution for China, Bitcoin, as well as other cryptocurrencies, online gaming tokens and other data-based information could establish itself as 'Civil Rights' Objects in this far eastern country. The new civil code which is ...

Posted on 1 July 2016 | 10:20 am

I'm a Bitcoin Novice Who Rode the Digital Currency's Rally. Here's What I Learned - Wall Street Journal (blog)


Wall Street Journal (blog)

I'm a Bitcoin Novice Who Rode the Digital Currency's Rally. Here's What I Learned
Wall Street Journal (blog)
When a friend sent my wife and me bitcoin as a gift for our wedding last fall, we weren't quite sure what to do with it. Should we think of the seven-year-old digital currency like an investment and try to ride its daily fluctuations like a stock ...

and more »

Posted on 1 July 2016 | 9:18 am

Ex-Secret Service Agent Is Suspected in More Bitcoin Thefts - Fortune


Fortune

Ex-Secret Service Agent Is Suspected in More Bitcoin Thefts
Fortune
In the larger of those cases, he is thought to have been behind the theft of about $700,000 worth of bitcoin from a Secret Service account three months after the agency was urged to block his access, the documents say. Former agent Shaun Bridges ...
Silk Road Agent May Have Stolen More Bitcoin After Guilty PleaCoinDesk
Disgraced US agent may be responsible for multiple Bitcoin theftsEngadget
Former Secret Service Agent Bridges Suspected In Additional Bitcoin TheftsCryptoCoinsNews
PYMNTS.com -Sputnik International -IBS Intelligence (blog) (subscription)
all 11 news articles »

Posted on 1 July 2016 | 6:04 am

Citi: Bitcoin is an Opportunity for Banks, Not a Threat - CoinDesk


Wall Street Journal (blog)

Citi: Bitcoin is an Opportunity for Banks, Not a Threat
CoinDesk
A new research report by Citi Research asserts that bitcoin and other digital currencies should not be viewed as a disruptive threat to banks, credit card networks or traditional remittance providers, but rather as a potential complement to existing ...
Bitcoin Still Not Ready for Prime Time, Citi SaysWall Street Journal (blog)
Bitcoin May Open Markets, Won't Hurt Incumbents: Citi ReportAmerican Banker

all 4 news articles »

Posted on 30 June 2016 | 11:12 am

Russian Finance Firms Form Blockchain Consortium

A group of Russian banks and financial services companies has formed a private-sector consortium focused on blockchain applications.

Posted on 1 July 2016 | 9:47 am

ICAP is Building a Blockchain 'Rosetta Stone' to Enhance its Post-Trade Process

ICAP is working with Axoni to build an ethereum-based smart contracts integration, but the project is being done to make it easy to swap blockchains.

Posted on 1 July 2016 | 7:01 am

Abra Launches Blockchain Remittance App in US

After months of small-scale testing in the Philippines, blockchain payments app Abra launched in the US today.

Posted on 30 June 2016 | 3:59 pm

Citi: Bitcoin is an Opportunity for Banks, Not a Threat

A new research report by banking giant Citi asserts that it does not view bitcoin and other digital currencies as a disruptive threat.

Posted on 30 June 2016 | 10:54 am

Outside the Spotlight, Stellar is Pulling Banks Into Orbit

Stellar founder Jed McCaleb takes on a new role as the company he co-founded takes another step towards serving the unbanked.

Posted on 30 June 2016 | 9:45 am

IBM Completes Blockchain Identity Trial With Crédit Mutuel

IBM has completed a blockchain project with Crédit Mutuel Arkéa that found the two firms using the technology to verify customer identities.

Posted on 30 June 2016 | 5:37 am

Winklevoss Bitcoin Trust Moves Filing to BATS Exchange

The Winklevoss Bitcoin Trust is no longer attempting to list on Nasdaq, according to an SEC document filed today.

Posted on 29 June 2016 | 3:43 pm

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

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 Unlikely 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

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

North Carolina Senate Approves Bitcoin Bill

A bill requiring money transmission licenses for companies working with digital currencies in the state of North Carolina has passed.

Posted on 28 June 2016 | 10:22 am

Ethereum’s DAO Forking Crisis: The Bitcoin Perspective

Ethereum is in a state of crisis. “The DAO” (Decentralized Autonomous Organization), a code-based and leaderless investment vehicle that...

The post Ethereum’s DAO Forking Crisis: The Bitcoin Perspective appeared first on Bitcoin Magazine.

Posted on

Does BIP 75 Really Threaten Bitcoin’s Fungibility?

On Wednesday, the Bitcoin community went into a tizzy over BIP 75 (BIP stands for Bitcoin Improvement Proposal), which is, in short, a...

The post Does BIP 75 Really Threaten Bitcoin’s Fungibility? appeared first on Bitcoin Magazine.

Posted on

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Hyperledger Global Expansion Adds Seven New Members to Blockchain Initiative

The Hyperledger Project, led by the Linux Foundation and aimed at the development of an enterprise-grade, open source distributed ledger...

The post Hyperledger Global Expansion Adds Seven New Members to Blockchain Initiative appeared first on Bitcoin Magazine.

Posted on

How Governments Subsidize Bitcoin's Usefulness and the Bitcoin Price

Bitcoin Core contributor, Peter Todd, was recently interviewed on Bitcoin Uncensored by co-hosts Chris DeRose and Joshua Unseth. Ethereum,...

The post How Governments Subsidize Bitcoin's Usefulness and the Bitcoin Price appeared first on Bitcoin Magazine.

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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

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

Circle Bets Big on China Amid New Capital Raise

“Bitcoin bank” Circle is betting big on China. The company has announced that it raised $60 million in a new Series D funding round led by...

The post Circle Bets Big on China Amid New Capital Raise appeared first on Bitcoin Magazine.

Posted on

July 1, 2016 -
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