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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

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

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Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Venezuela's Biggest Bitcoin Exchange Resumes Operations - The Merkle


Venezuela's Biggest Bitcoin Exchange Resumes Operations
The Merkle
Surbitcoin, the biggest Bitcoin exchange in Venezuela has resumed normal operations. On July 14th the exchange managed to unfreeze one of its fiat bank accounts and reestablish its API integration with Banesco (the biggest financial entity in Venezuela).

Posted on 22 July 2016 | 8:58 pm

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
Why Ethereum Succeeded Where Bitcoin FailedMotherboard
Is Ethereum Wounding the Bitcoin Price's Ascent?Bitcoinist.net
Times of India -SiliconANGLE (blog)
all 68 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 Price Decline 100% Confirmed - CryptoCoinsNews


Bitcoin Price Decline 100% Confirmed
CryptoCoinsNews
It's been a long time since we've seen the bitcoin price charts so bearish across timeframes. Of course, there is no other asset out there that even comes close to Bitcoin's super-fundamentals (censorship resistance, cryptographic security ...

Posted on 22 July 2016 | 9:45 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

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
Texan gets one-and-a-half years in prison for running bitcoin Ponzi schemeReuters
CryptoCoinsNews -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

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

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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

After Rising 1,000%, Uncertainty Clouds Ether's Price Projections

How will ethereum's hard fork affect its price outlook? Traders and market makers weigh in.

Posted on 21 July 2016 | 8:25 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

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

Europol Hosts Digital Currency Conference for Law Enforcement

The European Union's (EU) top law enforcement agency recently held a two-day conference on the subject of digital currencies.

Posted on 20 July 2016 | 6:07 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

Rejecting Today’s Hard Fork, the Ethereum Classic Project Continues on the Original Chain: Here's Why

Ethereum hard forked today. As per what seemed to be the popular demand, the protocol rules have been updated incompatibly with the existing...

The post Rejecting Today’s Hard Fork, the Ethereum Classic Project Continues on the Original Chain: Here's Why appeared first on Bitcoin Magazine.

Posted on

SAP and Ripple Collaborate on Cross-Border Payments Trial Using Blockchain Technology

SAP is venturing into blockchain technology applications. The German multinational company, a market leader in enterprise application...

The post SAP and Ripple Collaborate on Cross-Border Payments Trial Using Blockchain Technology 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 EU Directive May Impose Anti-Money Laundering Regulations on Bitcoin Wallet Providers

The European Commission published a new directive draft last week proposing to extend strict anti-money laundering (AML) regulation to both...

The post New EU Directive May Impose Anti-Money Laundering Regulations on Bitcoin Wallet Providers appeared first on Bitcoin Magazine.

Posted on

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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

A Lawyer’s Perspective: Can Smart Contracts Exist Outside the Legal Structure?

Editor's Note: This is a guest post by Richard Howlett, Solicitor at Selachii LLP London. There can be no debate that technological...

The post A Lawyer’s Perspective: Can Smart Contracts Exist Outside the Legal Structure? appeared first on Bitcoin Magazine.

Posted on

July 23, 2016 -
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