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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

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

6 Reasons to Make Casino Deposits with Bitcoin in Canada - newsBTC


newsBTC

6 Reasons to Make Casino Deposits with Bitcoin in Canada
newsBTC
What do you think of bitcoin? Have you ever used it? You know, bitcoin is cryptocurrency, a new world's currency that was invented by Satoshi Nakamoto early 2009. Despite the comparatively short history, lots of people worldwide have already had their ...
Bitcoin Has Some Competition as New Online Currency 'Monero' Steps InSputnik International
The First Bitcoin Exchange in Moscow Is Open for BusinessDCEBrief (press release)
Is Bitcoin a Safe Investment?CountingPips (blog)

all 4 news articles »

Posted on 24 August 2016 | 10:15 am

Bitcoin Exchange BTCTurk Terminates Operations in Turkey, Right After PayPal - CoinTelegraph


CoinTelegraph

Bitcoin Exchange BTCTurk Terminates Operations in Turkey, Right After PayPal
CoinTelegraph
In contempt of their connections with the banks the company has collaborated with since 2013, local banks and financial institutions denied to provide any financial assistance or support to BTCTurk, which forced the Bitcoin exchange to terminate its ...

and more »

Posted on 24 August 2016 | 9:12 am

Big banks push new digital currency to rival Bitcoin - New York Post


New York Post

Big banks push new digital currency to rival Bitcoin
New York Post
UBS has developed a “Utility Settlement Coin” (USC), which is a digital cash equivalent of each of the major currencies backed by central banks, such as the dollar or euro, rather than a decentralized new digital currency such as bitcoin. The USC would ...
Big banks buckle down to build better bitcoinRT
UBS Group AG (USA) (NYSE:UBS) Intends To Compete Against BitcoinTCC
4 Major Banks Confirm They Are Building Bitcoin-like Digital CurrencyCoinTelegraph
Breakingviews -Financial Times
all 36 news articles »

Posted on 24 August 2016 | 8:44 am

MIT Study Reveals New Data on Free Bitcoin Airdrop - CoinDesk


MIT Study Reveals New Data on Free Bitcoin Airdrop
CoinDesk
Spurred by active enthusiasts on campus, the prestigious US university raised $500,000 with the goal of distributing $100 in bitcoin to every student on campus. Completed in the fall of 2014, the project would spur similar experiments at campuses ...

Posted on 24 August 2016 | 8:30 am

Advertise with Anonymous Ads

Bitcoin-Tech Firm Thinks This Name Can Unify Wall Street Behind Blockchain - Wall Street Journal


Bitcoin-Tech Firm Thinks This Name Can Unify Wall Street Behind Blockchain
Wall Street Journal
R3 CEV, a startup working to build new Wall Street infrastructure using bitcoin technology, said it had filed for a patent this week and named its product Concord for the harmony it aims to build among more than 60 banks. The patent application is the ...

and more »

Posted on 24 August 2016 | 7:23 am

Would Bitcoin Help the Cannabis Industry? - CryptoCoinsNews


CryptoCoinsNews

Would Bitcoin Help the Cannabis Industry?
CryptoCoinsNews
I receive the question all the time: can Bitcoin bring something to the table when it comes to cannabis transactions? While many technologists claim this is a very real possibility, the current answer to this is a very strong 'no.' This might change in ...

Posted on 24 August 2016 | 7:12 am

Bitfury Research Shines Light on Bitcoin Privacy Weaknesses - CoinDesk


CoinDesk

Bitfury Research Shines Light on Bitcoin Privacy Weaknesses
CoinDesk
A new Bitfury white paper aims to advance the study of how bitcoins sent using certain privacy-enhancing techniques could be traced back to participants. Released today, "Shared Send Untangling in Bitcoin" explores how bitcoins in this type of ...

Posted on 23 August 2016 | 4:16 pm

Blockchain 101 With Andreas Antonopoulos: How Bitcoin Makes Each Of Us As Powerful As A Bank - Forbes


Blockchain 101 With Andreas Antonopoulos: How Bitcoin Makes Each Of Us As Powerful As A Bank
Forbes
In early 2012, Andreas Antonopoulos was a computer scientist and distributed systems specialist working in security when he first heard about Bitcoin. Although he dismissed it a few times, once he delved into it more deeply, “I immediately understood ...

Posted on 23 August 2016 | 6:00 am

R3 Files Patent Application for Distributed Ledger Tech

New York-based startup R3CEV has reportedly filed for a patent for a blockchain-inspired financial platform.

Posted on 24 August 2016 | 9:26 am

MIT Study Reveals New Data on Free Bitcoin Airdrop

A new study by MIT researchers has provided details on a free bitcoin giveaway conducted at the US university in 2014.

Posted on 24 August 2016 | 8:23 am

Litecoin Price Spikes 10% as Coinbase Exchange Turns on Trading

Litecoin prices rose nearly 10% today as word the digital currency would be listed on Coinbase's GDAX exchange spread among traders.

Posted on 23 August 2016 | 6:41 pm

Big Banks Band Together to Launch 'Settlement Coin'

Four banks have reportedly partnered on a blockchain project aimed at creating a means to clear and settle transactions worldwide.

Posted on 23 August 2016 | 5:27 pm

Bitfury Research Shines Light on Bitcoin Privacy Weaknesses

A new Bitfury white paper aims to advance the study of how bitcoins sent using certain privacy-enhancing techniques can be traced to participants.

Posted on 23 August 2016 | 3:34 pm

Bank of Japan: Blockchain Could Alter Financial Services

Japan's central bank issued remarks this week that found it forecasting that blockchain could come to have a fundamental impact on finance.

Posted on 23 August 2016 | 11:46 am

Digital Asset to Open Source Smart Contract Language

Digital Asset Holdings has announced it intends to open-source DAML, the smart contracting language it acquired from startup Elevence.

Posted on 23 August 2016 | 6:16 am

Florida Files Appeal After Charges Against Bitcoin Seller Dismissed

The state of Florida has appealed a recent court decision that saw a judge rule bitcoin isn't money.

Posted on 22 August 2016 | 3:35 pm

Unknown Bidder Buys $1.6 Million in Bitcoin at US Government Auction

A winning bidder has claimed 2,700 BTC (worth $1.58m) at an auction held by the US Marshals Service (USMS).

Posted on 22 August 2016 | 2:26 pm

One Month After Ethereum Fork, Millions in DAO Funds Unclaimed

It's been a month since the ethereum hard fork moved $150m worth of DAO ether into a withdraw-only account. Today, $25m is still unclaimed.

Posted on 22 August 2016 | 12:41 pm

Sberbank Considers Russian Blockchain Consortium

One of Russia's largest banks is in discussions to join a domestic bank consortium that would study blockchain technology.

Posted on 22 August 2016 | 11:14 am

Japanese Firms Test Blockchain for E-Check Management

The Bank of Tokyo-Mitsubishi UFJ and tech giant Hitachi are working on a blockchain proof-of-concept aimed at digitizing checks.

Posted on 22 August 2016 | 10:31 am

Bitcoin and the Law of Conservation of Energy

Guest contributor Alex Millar examines bitcoin through the lens of scientific law in an attempt to show that money is energy.

Posted on 21 August 2016 | 7:50 am

Can Two Ethereum Markets Co-Exist?

A month after the ethereum market split in two, analysts wonder whether ETH and ETC can coexist in the long-term.

Posted on 21 August 2016 | 5:42 am

On Tokens and Crowdsales: How Startups Are Using Blockchain to Raise Capital

A look at the ways startups are utilising blockchain-based software tokens, and the various decentralized business models taking shape around them.

Posted on 20 August 2016 | 10:31 am

Japanese Banks, E-Commerce Giant Ramp Up Blockchain Development

Blockchain technology has gotten a major boost in Japan as Rakuten has committed itself to the research and development of blockchain...

The post Japanese Banks, E-Commerce Giant Ramp Up Blockchain Development appeared first on Bitcoin Magazine.

Posted on

Strategic Alliance Formed to Speed Up Adoption of Blockchain Technology in China

The Chinese government has created a blockchain working group of government and blockchain industries to fast-forward the development and...

The post Strategic Alliance Formed to Speed Up Adoption of Blockchain Technology in China appeared first on Bitcoin Magazine.

Posted on

Chain Joins Industry-Academia Blockchain Initiative to Solve Interoperability and Scalability Issues

Chain Inc., a blockchain company specializing in enterprise software for financial firms, has joined the Initiative for Cryptocurrency and...

The post Chain Joins Industry-Academia Blockchain Initiative to Solve Interoperability and Scalability Issues appeared first on Bitcoin Magazine.

Posted on

What’s New in Bitcoin Core 0.13.0?

Today marks the official release of Bitcoin Core 0.13.0, the thirteenth generation of Bitcoin's reference client as first launched by...

The post What’s New in Bitcoin Core 0.13.0? appeared first on Bitcoin Magazine.

Posted on

Advertise with Anonymous Ads

Ethereum Classic Community Navigates a Distinct Path to the Future

Ethereum Classic started off as what is perhaps best described as a protest movement, opposing a (perceived) bailout of Ethereum’s...

The post Ethereum Classic Community Navigates a Distinct Path to the Future appeared first on Bitcoin Magazine.

Posted on

Department of Homeland Security Awards Blockchain Tech Development Grants for Identity Management and Privacy Protection

In May, Bitcoin Magazine reported that both the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense (DoD)...

The post Department of Homeland Security Awards Blockchain Tech Development Grants for Identity Management and Privacy Protection appeared first on Bitcoin Magazine.

Posted on

World Economic Forum Examines How Blockchain Can Reshape Financial Services

Article written by Leah Zitter On August 11, 2016, the World Economic Forum (WEF) released a 300-page report entitled The future of...

The post World Economic Forum Examines How Blockchain Can Reshape Financial Services appeared first on Bitcoin Magazine.

Posted on

Does the Open-Source Model Enable Bitcoin-Stealing Wallet Apps?

According to an Apple Insider report published on August 9, a disturbing trend has emerged on Apple’s App Store as a series of malicious...

The post Does the Open-Source Model Enable Bitcoin-Stealing Wallet Apps? appeared first on Bitcoin Magazine.

Posted on

Mimblewimble: How a Stripped-Down Version of Bitcoin Could Improve Privacy, Fungibility and Scalability All at Once

All (full) Bitcoin nodes verify all transactions on the network. This allows the system to be entirely trustless and decentralized, but also...

The post Mimblewimble: How a Stripped-Down Version of Bitcoin Could Improve Privacy, Fungibility and Scalability All at Once appeared first on Bitcoin Magazine.

Posted on

August 24, 2016 -
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