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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

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 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

A U.S. State Prosecutor's Office Paid $1400 in Bitcoin to Ransomware Extortionists - CryptoCoinsNews


Finance Magnates

A U.S. State Prosecutor's Office Paid $1400 in Bitcoin to Ransomware Extortionists
CryptoCoinsNews
Details of a sweeping international ransomware operation which had seen cybercriminals rake in millions in bitcoin from hundreds of thousands of victims around the world include a state prosecutor's office in Pennsylvania, a report has revealed.
US State Prosecutor Paid Off Ransomware Hackers with BitcoinFinance Magnates
Prosecutor's Office Paid Bitcoin Ransom in CyberattackABC News
Allegheny County DA's office paid bitcoin ransom in cyberattackPittsburgh Post-Gazette

all 25 news articles »

Posted on 6 December 2016 | 1:42 pm

Russia's Controversial Bitcoin Bill Could See Further Delays - CoinDesk


Russia's Controversial Bitcoin Bill Could See Further Delays
CoinDesk
The measure, as it currently stands, would focus on the creation and proliferation of so-called "money surrogates", a classification that would cover bitcoin and other digital currencies. At the same time, the Russian central bank, in tandem with ...

and more »

Posted on 6 December 2016 | 11:53 am

Five Legitimate Reasons to Use Anonymous Bitcoin - Finance Magnates (blog)


Finance Magnates (blog)

Five Legitimate Reasons to Use Anonymous Bitcoin
Finance Magnates (blog)
Newbies, read through a pile of content about covert actions people use bitcoin for: illegal trade and firearms and tax evasion. Presented in a such a way, bitcoin tends to be something highly suspicious for the most of the people, so they decide to ...

and more »

Posted on 6 December 2016 | 11:51 am

The Price of Bitcoin Needs to Increase for the Digital Currency to Survive - CryptoCoinsNews


The Price of Bitcoin Needs to Increase for the Digital Currency to Survive
CryptoCoinsNews
Seven years ago, Bitcoin had essentially no price. For a time, bitcoins were worth pennies. Mining them was far more simple, as one could even use CPUs. These days, a Bitcoin costs over $750. This is a trend that will need to persist if the ...

Posted on 6 December 2016 | 9:13 am

Trace Mayer Wants Bitcoin to Go Dark in 2017 for Price to Spike - CoinTelegraph


CoinTelegraph

Trace Mayer Wants Bitcoin to Go Dark in 2017 for Price to Spike
CoinTelegraph
“I would like to see Bitcoin become encrypted so that all the investors (in those AML/KYC startups) basically lose their investments and Bitcoin goes dark. And then we have no idea what is going on fundamentally with Bitcoin and it just begins ...

and more »

Posted on 6 December 2016 | 7:41 am

Why I'm Taking Bitcoin Profits Amid Potential Price Resistance - CoinDesk


CoinDesk

Why I'm Taking Bitcoin Profits Amid Potential Price Resistance
CoinDesk
Tuur Demeester is an independent investor, newsletter writer and editor in chief at Adamant Research. Launched in 2015, Adamant Research provides a monthly newsletter service. In this opinion piece, Demeester discusses his latest bitcoin trades and why ...

and more »

Posted on 6 December 2016 | 5:03 am

Stellar Emerges From Shadow of Bitcoin to Find a Home Overseas - WIRED


Stellar Emerges From Shadow of Bitcoin to Find a Home Overseas
WIRED
Unlike some Chinese tech giants that seem happy to focus on a domestic market approaching 1.4 billion, LeEco has international ambitions. And to make those ambitions a reality, it's embracing a bitcoin-like creation that can quickly and inexpensively ...

and more »

Posted on 6 December 2016 | 4:55 am

Bitcoin Purchases In Mexico Grow As Trump's Planned Remittance Block Nears - CoinTelegraph


CoinTelegraph

Bitcoin Purchases In Mexico Grow As Trump's Planned Remittance Block Nears
CoinTelegraph
Bitcoin could soon come to the rescue of millions of Mexicans if the Trump administration's proposed crackdown on remittances becomes law. Digital currency exchanges in Mexico are thriving and ever-increasing trade is being witnessed. As early as May, ...

and more »

Posted on 6 December 2016 | 3:51 am

'Big Four' Firm Deloitte Invests in First Blockchain Startup

Professional services firm Deloitte invested in its first blockchain startup today, revealing it is backing SETL.

Source

Posted on 6 December 2016 | 6:08 pm

ECB, Bank of Japan Launch Joint Distributed Ledger Research Effort

The European Central Bank is weighing the use of distributed ledger tech in partnership with Japan’s central bank.

Source

Posted on 6 December 2016 | 3:47 pm

Hackers Steal Over $300k From One of Blockchain's Biggest VCs

A notable blockchain industry investor was hacked today.

Source

Posted on 6 December 2016 | 2:38 pm

Russia's Controversial Bitcoin Bill Could See Further Delays

Russia’s finance ministry is reportedly looking to introduce a bill regulating cryptocurrency sometime next year.

Source

Posted on 6 December 2016 | 11:52 am

Austria's Erste Bank Awards Ethereum Projects in Startup Contest

Two ethereum projects won plaudits at a recent startup contest sponsored by Austria-based Erste Bank.

Source

Posted on 6 December 2016 | 10:21 am

Donald Trump's Transition is a Trial Run for Smart Contracts

With the incoming president hinting that he will deregulate many industries, how can blockchain devs stop their code being trapped in the past?

Source

Posted on 6 December 2016 | 8:00 am

Overstock Faces Investor Hurdles Ahead of Blockchain Stock Sale

Overstock is lending a hand to broker-dealers as it inches closer to its blockchain-powered stock issuance.

Source

Posted on 6 December 2016 | 7:00 am

Advertise with Anonymous Ads

BNY Mellon Shakes Up Treasury Unit for Blockchain Focus

BNY Mellon’s treasury unit has organized a new innovation group aimed at investigating and testing new technologies like blockchain.

Source

Posted on 6 December 2016 | 6:06 am

Why I'm Taking Bitcoin Profits Amid Potential Price Resistance

Analyst Tuur Demeester discusses his recent bitcoin trading strategy in light of recent price resistance.

Source

Posted on 6 December 2016 | 4:58 am

Ethereum's Woes Continue as Price Sinks to 9-Month Low

Ether (ETH) prices fell to a nine-month low on 5th December, extending losses suffered in recent weeks.

Source

Posted on 5 December 2016 | 3:00 pm

New OCC Charter Could Give Bitcoin Exchanges Special Bank Status

New regulation proposed by the US OCC could give bitcoin exchanges and other fintech companies the ability to apply for a new charter.

Source

Posted on 5 December 2016 | 1:48 pm

US Federal Reserve Releases First Distributed Ledger Research Paper

The US Federal Reserve has released a new working paper on blockchain and distributed ledger tech.

Source

Posted on 5 December 2016 | 11:22 am

Malta Stock Exchange Lays Groundwork for Blockchain Testing

Malta’s stock exchange is in the early stages of experimenting with blockchain-based trading.

Source

Posted on 5 December 2016 | 10:11 am

Intel is Winning Over Blockchain Critics By Reimagining Bitcoin's DNA

A look at Intel's project inspired by bitcoin's proof-of-work.

Source

Posted on 5 December 2016 | 7:15 am

The Blockchain Milestone You May Have Missed

CoinDesk's Noelle Acheson argues one of last week's most important blockchain developments may have been overlooked.

Source

Posted on 5 December 2016 | 5:39 am

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Evolution of Kadena, the First Real Private Blockchain

George Samman outlines how the consensus algorithm achieved by Raft was finally fixed by its distant relative, Kadena.

Source

Posted on 4 December 2016 | 9:48 am

What the IRS Summons Will Mean for Coinbase Users

Tax expert Daniel Winters explores the bigger picture behind the IRS summons for Coinbase data.

Source

Posted on 3 December 2016 | 9:54 am

What to Do if Your Bitcoin Transaction Gets "Stuck"

The number of transactions on the Bitcoin network has steadily increased over the years. This means more blocks are filling up. And as not...

The post What to Do if Your Bitcoin Transaction Gets "Stuck" appeared first on Bitcoin Magazine.

Posted on

EU State-By-State Regulation of Bitcoin, Digital Currencies: What Are the Implications?

The European Commission’s recent decision to delay new anti-money laundering legislation by six-months is the latest in a string of new...

The post EU State-By-State Regulation of Bitcoin, Digital Currencies: What Are the Implications? appeared first on Bitcoin Magazine.

Posted on

Ross Ulbricht Reflects on Life in Prison; New Proof of Evidence-Tampering by Law Enforcement

Today, in a breaking development, Ross Ulbricht’s defense team has revealed that on November 18, 2013, someone logged into accounts on the...

The post Ross Ulbricht Reflects on Life in Prison; New Proof of Evidence-Tampering by Law Enforcement appeared first on Bitcoin Magazine.

Posted on

Symbiont's Lisa Yin Brings "Deep Understanding" of Cryptography Techniques to Blockchain

Symbiont, a blockchain company developing a smart contract platform for institutional applications of distributed ledger technology, has...

The post Symbiont's Lisa Yin Brings "Deep Understanding" of Cryptography Techniques to Blockchain appeared first on Bitcoin Magazine.

Posted on

Bitcoin Price Reaches 2-Year High in China; Experts Predict Bull Market Likely to Continue

The price of bitcoin in China surpassed two-year highs on leading Chinese exchanges today, as Chinese investors continue to seek safe...

The post Bitcoin Price Reaches 2-Year High in China; Experts Predict Bull Market Likely to Continue appeared first on Bitcoin Magazine.

Posted on

WikiLeaks’ Public Donation Address Receives 4000th Bitcoin

WikiLeaks’ public donation address recently received its 4000th bitcoin. The nonprofit whistle blower site, which to a large extent relies...

The post WikiLeaks’ Public Donation Address Receives 4000th Bitcoin appeared first on Bitcoin Magazine.

Posted on

Move Over Uber: Blockchain Technology Can Enable Real, Sustainable Sharing Economy

Uber and Airbnb, the hugely popular marketplaces for taxi-like car rides and hotel-like short-term rentals, are usually considered to be...

The post Move Over Uber: Blockchain Technology Can Enable Real, Sustainable Sharing Economy appeared first on Bitcoin Magazine.

Posted on

Smart Contract Symposium to Convene in Times Square as “Completely New U.S. Government” Looms

The inaugural Smart Contract Symposium convenes December 5 in Times Square, not far ahead of the seating of the 45th President of the United...

The post Smart Contract Symposium to Convene in Times Square as “Completely New U.S. Government” Looms appeared first on Bitcoin Magazine.

Posted on

BitSE Launches Blockchain-Based VeChain Platform, Teams Up With PwC

Shanghai-based Blockchain-as-a-Service (BaaS) company, BitSE, is opening possibilities for every industry with the official launch of...

The post BitSE Launches Blockchain-Based VeChain Platform, Teams Up With PwC appeared first on Bitcoin Magazine.

Posted on

December 7, 2016 -
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