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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

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

The Water Project Receives the Largest Bitcoin Donation - newsBTC


newsBTC

The Water Project Receives the Largest Bitcoin Donation
newsBTC
Bitcoin has been at the receiving end of all the negative publicity until now, thanks to its extensive use by cybercriminals and darknet marketplaces. But one recent transaction allows both Bitcoin and Bitcoin community to break away from the stereotype.

Posted on 25 September 2016 | 2:30 pm

Bitcoin Price Slipping From $600, Downside Risk - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Slipping From $600, Downside Risk
CryptoCoinsNews
Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Bitcoin price looks to be slipping from $600 and 4,000 CNY in some exchanges exchanges. Failure to hold this critical level opens the ...

Posted on 25 September 2016 | 9:59 am

A Controversial Bitcoin Alternative is Seeking a Comeback - CoinDesk


CoinDesk

A Controversial Bitcoin Alternative is Seeking a Comeback
CoinDesk
Having launched earlier this year, Bitcoin Unlimited grew out of an active movement to quickly pick up bitcoin's userbase by increasing the block size, or a hardcoded limit on the number of transactions that the network can process per block. This is a ...

Posted on 25 September 2016 | 9:58 am

World's Best Performing Currency: Bitcoin Inflation Rate Drops To 4% - CoinTelegraph


CoinTelegraph

World's Best Performing Currency: Bitcoin Inflation Rate Drops To 4%
CoinTelegraph
The Bitcoin monetary inflation rate decreased from 30~50% in 2011 to 4% this year, demonstrating the rapid mainstream adoption of the cryptocurrency in various markets. Systematically and mathematically, the monetary inflation rate of Bitcoin is ...

Posted on 25 September 2016 | 6:33 am

Coinbase Restores KeyVendor Bot's Bitcoin Following a Glitch - newsBTC


newsBTC

Coinbase Restores KeyVendor Bot's Bitcoin Following a Glitch
newsBTC
The Steam CS:GO community is a happy lot after the funds that were thought to be stolen from a Steam Bitcoin trader bot, Keyvendor.net was recovered. KeyVendor, a Steam bot allows people to buy Steam CounterStrike: Global Offensive keys for Bitcoin.

Posted on 25 September 2016 | 2:30 am

IPFS Protocol Selects Ethereum Over Bitcoin, Prefers Ethereum Dev Community - CoinTelegraph


CoinTelegraph

IPFS Protocol Selects Ethereum Over Bitcoin, Prefers Ethereum Dev Community
CoinTelegraph
IPFS, a Blockchain-based peer-to-peer hypermedia protocol, is officially launching its distributed file storage network on Ethereum instead of Bitcoin, explaining it by “the Ethereum network's supportive development community and various innovative ...
Bitcoin Price: BTC/USD Stuck In Range as Market Searches for CatalystEconomic Calendar
Jaxx Blockchain Wallet Now Supports LiteCoin and Ethereum ...newsBTC
10 Types of Digital Currencies and how they work. | TechBullionTechBullion (press release) (registration) (blog)

all 4 news articles »

Posted on 25 September 2016 | 12:32 am

Goldman Sachs To Cut Jobs In Asia While Bitcoin Thrives - newsBTC


newsBTC

Goldman Sachs To Cut Jobs In Asia While Bitcoin Thrives
newsBTC
China, Hong Kong, and Singapore will all see higher unemployment rates due to Goldman Sachs. These three regions have all grown keen on Bitcoin as of late, though, albeit it remains unknown whether or not that is another driving factor for this decision.

and more »

Posted on 24 September 2016 | 2:30 pm

Winter is Coming: Bitcoin Mining for Heat (And Profit) - CoinDesk


CoinDesk

Winter is Coming: Bitcoin Mining for Heat (And Profit)
CoinDesk
It used to be that you could use your CPU or GPU to mine bitcoin. But then the price of bitcoin started rising and people began to realize how much money could be earned, and – with the resulting rise in mining difficulty – only those that could afford ...

Posted on 24 September 2016 | 12:44 pm

Bitcoin Weekly Recap 9-23-2016 - DCEBrief - DCEBrief (press release)


DCEBrief (press release)

Bitcoin Weekly Recap 9-23-2016 - DCEBrief
DCEBrief (press release)
In a first for Bitcoin exchanges, Gemini Trading is reportedly getting ready to host end-of-day Bitcoin auctions on its exchange. Gemini, the Winklevoss twins' ...

and more »

Posted on 23 September 2016 | 8:54 am

Why You Should Beware the Altcoin Rebrand

Lead developer of Drop Zone Chris DeRose argues that ICOs are little more than rebranded altcoins and come with similar risks.

Source

Posted on 25 September 2016 | 7:49 am

Winter is Coming: Bitcoin Mining for Heat (And Profit)

Winter is coming... So does it make sense to use bitcoin miners to subsidise your heating costs? CoinDesk investigates.

Source

Posted on 24 September 2016 | 12:30 pm

Global Banks Partner to Form Blockchain Payments Network

Ripple joins with Bank of America, Santander, the Royal Bank of Canada and more to build a global blockchain steering group.

Source

Posted on 23 September 2016 | 11:47 am

Swiss Finance Infrastructure Firm Testing Blockchain with Digital Asset

A major financial infrastructure provider in Switzerland is developing a proof-of-concept focused on securities market infrastructure.

Source

Posted on 23 September 2016 | 9:20 am

World's Largest Mining Company to Use Blockchain for Supply Chain

The world's largest mining firm as ranked by PwC intends to begin using the ethereum blockchain to improve its supply chain processes.

Source

Posted on 23 September 2016 | 4:01 am

China's Financial Firms Urge Regulators to Help Mature Blockchain

China’s major financial institutions believe governance should not be replaced in any larger transitions to blockchain.

Source

Posted on 22 September 2016 | 10:28 pm

IBM, China UnionPay Develop Blockchain Loyalty Points Exchange

International Business Machines is working with a Chinese credit card company to to create a blockchain-based system for trading loyalty points.

Source

Posted on 22 September 2016 | 7:00 pm

New Lawsuit Filed Against Xapo Founder Wences Casares

Online identity company Lifelock has filed another lawsuit against bitcoin wallet startup Xapo founder Wences Casares.

Source

Posted on 22 September 2016 | 2:10 pm

At Ethereum Mega-Event, the 'Church of Vitalik' Sobers Up

At Devcon2, the Ethereum community's strengths and limitations were on display.

Source

Posted on 22 September 2016 | 12:20 pm

Roger Ver Sues Bitcoin Exchange OKCoin For $570k

In the latest round of a long-standing feud, bitcoin investor Roger Ver is suing bitcoin exchange OkCoin for $570,000.

Source

Posted on 22 September 2016 | 10:57 am

Symbiont Showcases Blockchain Catastrophe Swaps to Insurance Execs

Blockchain startup Symbiont has demonstrated a self-executing catastrophe swap smart contract on a platform designed for a wide-range of industries.

Source

Posted on 22 September 2016 | 7:50 am

UK Government Seeks Distributed Ledger Projects in £15 Million Competition

The UK Government has launched a new technology competition inviting submissions related to distributed ledger technology.

Source

Posted on 22 September 2016 | 7:01 am

Brothers Face Jail Time for Stealing Power to Mine Bitcoins

Two brothers in the Netherlands face months in prison after allegedly siphoning power to fuel a small bitcoin mining operation.

Source

Posted on 21 September 2016 | 2:12 pm

Blockchain Smart Contracts Need a New Kind of Due Diligence

Two legal experts argue that we need enhanced due diligence before smart contract transactions are written in "blockchain stone".

Source

Posted on 21 September 2016 | 8:33 am

Winklevoss Bitcoin Exchange Gemini to Launch Daily Auctions

Gemini Trading, the bitcoin and ethereum exchange founded by Tyler and Cameron Winklevoss, is set to host its first bitcoin auction.

Source

Posted on 21 September 2016 | 6:00 am

Asset Managers Expect to Be Using Blockchain in Five Years

A new survey has found that nearly two-thirds (64%) of asset managers expect to using blockchain technology within the next five years.

Source

Posted on 21 September 2016 | 5:38 am

Blockchain Summit Day Two: End-Of-Conference Highlights From Shanghai

Financial services firms and startups looking to be the bridge to blockchain ledgers continued to dominate presentations on the second and...

The post Blockchain Summit Day Two: End-Of-Conference Highlights From Shanghai appeared first on Bitcoin Magazine.

Posted on

Tendermint Wins Innovation Award and Announces Cosmos at International Blockchain Week

Blockchain app specialist, Tendermint, winner of the 20,000 RMB prize for the "Most Innovative" Award at the International Blockchain Week...

The post Tendermint Wins Innovation Award and Announces Cosmos at International Blockchain Week appeared first on Bitcoin Magazine.

Posted on

BlockApps Expands Ethereum's Presence in China; Announces New Funding and Key Partnerships

Ethereum is gaining ground in China as innovators have announced key developments and partnerships during International Blockchain Week in...

The post BlockApps Expands Ethereum's Presence in China; Announces New Funding and Key Partnerships appeared first on Bitcoin Magazine.

Posted on

The Long History and Disputed Desirability of Alternative Bitcoin Implementations

Coinciding with the opening of the Ethereum Foundation’s Devcon2 conference in Shanghai this week, significant parts of the Ethereum network...

The post The Long History and Disputed Desirability of Alternative Bitcoin Implementations appeared first on Bitcoin Magazine.

Posted on

Op-Ed: What Is the True Meaning of "Decentralization" in Blockchain Technology?

Recent years have brought significant misunderstanding of the term decentralization as it pertains to Bitcoin. Literally, it means the...

The post Op-Ed: What Is the True Meaning of "Decentralization" in Blockchain Technology? appeared first on Bitcoin Magazine.

Posted on

Op-Ed: Bitcoin’s Journey to Digital Reserve Currency Status

Seven years on, bitcoin still remains the largest digital currency by market capitalization. While bitcoin may have been the most volatile...

The post Op-Ed: Bitcoin’s Journey to Digital Reserve Currency Status appeared first on Bitcoin Magazine.

Posted on

State Street and PeerNova Trial New Blockchain Prototype for Capital Tracking

PeerNova and State Street have been trialing a blockchain-enabled platform for the tracking and monitoring the flow of funds. The two...

The post State Street and PeerNova Trial New Blockchain Prototype for Capital Tracking appeared first on Bitcoin Magazine.

Posted on

September 25, 2016 -
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