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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

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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

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
Is Ethereum Wounding the Bitcoin Price's Ascent?Bitcoinist.net
Why Ethereum Succeeded Where Bitcoin FailedMotherboard
Times of India -SiliconANGLE (blog)
all 67 news articles »

Posted on 22 July 2016 | 11:46 am

Making Bitcoin Beautiful: Cryptoart Combines Art With Bitcoin Wallets - CoinTelegraph


CoinTelegraph

Making Bitcoin Beautiful: Cryptoart Combines Art With Bitcoin Wallets
CoinTelegraph
While mainstream adoption grows everyday, Bitcoin still traces its roots to the tech community. A 2013 survey of Bitcoin users found them to be 96% male, 37% anarcho-capitalist or libertarian, and with a median age of 32.7 years old. The clear majority ...

Posted on 22 July 2016 | 11:20 am

Bitcoin Price Watch; Here's Our Weekend Strategy - newsBTC


newsBTC

Bitcoin Price Watch; Here's Our Weekend Strategy
newsBTC
We've had a good week from a trading perspective in the bitcoin price, with action giving us plenty to go at on both the long and the short side. Price overnight last night was a bit rocky, with some choppy action making anything sustained pretty ...

Posted on 22 July 2016 | 10:54 am

Bitcoin Foundation Exec Director Llew Claasen: We Have Entered Value Age - CoinTelegraph


CoinTelegraph

Bitcoin Foundation Exec Director Llew Claasen: We Have Entered Value Age
CoinTelegraph
South Africa's Llew Claasen was appointed as the new Executive Director of the Bitcoin Foundation because they think he has the skill that is needed now to move the Foundation forward. He said that there is an amazing opportunity for the organization ...

Posted on 22 July 2016 | 7:20 am

Contactless Bitcoin startup Plutus Tap & Pay crowdfunds over $1m in digital currencies - Finextra


Contactless Bitcoin startup Plutus Tap & Pay crowdfunds over $1m in digital currencies
Finextra
Plutus Tap & Pay is an upcoming Android-only mobile app which lets users make Bitcoin and Ethereum contactless (NFC) payments at any existing merchant with a compatible device. This means that it removes what is commonly seen as the largest barrier to ...

and more »

Posted on 22 July 2016 | 7:17 am

US man jailed over bitcoin fraud scheme - BBC News


BBC News

US man jailed over bitcoin fraud scheme
BBC News
A Texan man has been sentenced to 18 months in jail for running a fraudulent Ponzi-style scheme based around the Bitcoin virtual currency. The scheme - run by Trendon Shavers - promised high returns to those who backed bitcoin-related investments.
Bitcoin Ponzi Scheme Operator Sentenced to 18 Months in PrisonCoinDesk
Trendon Shavers Sentenced in First Bitcoin Securities-Fraud CaseWall Street Journal
Bitcoin Ponzi Schemer Gets 18 Months in PrisonCryptoCoinsNews
Reuters -newsBTC
all 28 news articles »

Posted on 22 July 2016 | 5:57 am

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


CoinDesk

Bitcoin's 'Nervous System' Gets an Upgrade With FIBRE Network
CoinDesk
A long-running effort to increase the time in which data for bitcoin's transaction blocks around the world has received an upgrade. Since bitcoin was released, an array of services or solutions have emerged to meet the needs of those using the digital ...

Posted on 21 July 2016 | 2:24 pm

Halving Aftermath Points To Rosy Future For Price Of Bitcoin - Nasdaq


Nasdaq

Halving Aftermath Points To Rosy Future For Price Of Bitcoin
Nasdaq
So, “The Halving” came and went and, as I anticipated a couple of weeks ago, it was not exactly earth-shattering for Bitcoin. The price did drop slightly as a result of a somewhat predictable “buy the rumor, sell the fact” kind of pattern, but the drop ...
Mining Bitcoins Is A Surprisingly Energy-Intensive EndeavorForbes
Why Holding Onto Bitcoin Post Halving is IdealnewsBTC

all 3 news articles »

Posted on 21 July 2016 | 11:50 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

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

Ethereum Executes Blockchain Hard Fork to Return DAO Funds

Ethereum has executed a hard fork of its blockchain, returning funds lost in The DAO collapse to investors.

Posted on 20 July 2016 | 8:23 am

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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

How to Follow the Ethereum Hard Fork as it Happens

CoinDesk outlines a number of ways to follow tomorrow's expected hard fork of the ethereum blockchain.

Posted on 19 July 2016 | 4:16 pm

UK Legislators Cast Critical Eye on Bitcoin and Blockchain

A committee of the House of Lords struck a curious but at times critical note when discussing blockchain and its impact on finance and government.

Posted on 19 July 2016 | 2:30 pm

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

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

New Exchange-Traded Product SolidX Bitcoin Trust to Launch on NYSE Arca

Blockchain technology company SolidX Partners has announced that it has filed a registration statement with the Securities and Exchange...

The post New Exchange-Traded Product SolidX Bitcoin Trust to Launch on NYSE Arca 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

July 23, 2016 -
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