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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

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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Bitcoin Price Watch; Here's What's on This Evening - newsBTC


newsBTC

Bitcoin Price Watch; Here's What's on This Evening
newsBTC
The European session is drawing to a close, and the action we have seen today in the bitcoin rice has given us plenty to discuss for this evening's analysis. In this morning's price watch piece, we focused on the upside momentum we had seen in the ...

and more »

Posted on 25 May 2016 | 9:29 am

Cross-border payments experts debate Bitcoin remittances - International Business Times UK


International Business Times UK

Cross-border payments experts debate Bitcoin remittances
International Business Times UK
Common criticisms of Bitcoin remittances are a lack of liquidity, as well as practical problems in cashing out and exchanging cryptocurrency for fiat. Forzely said: "I think all cryptos in general are developing technologies. So there are varying ...

Posted on 25 May 2016 | 9:03 am

KeepKey Prepares for Bitcoin Scaling With Wallet Startup Acquisition - CoinDesk


The Merkle

KeepKey Prepares for Bitcoin Scaling With Wallet Startup Acquisition
CoinDesk
As developers prepare for the launch of Segregated Witness, a proposed scaling method for the bitcoin network, one startup based in the US has purchased an entire firm to help it prepare for the change. Hardware wallet firm KeepKey announced today that ...
KeepKey LLC Acquires Bitcoin Wallet Provider MultiBitThe Merkle

all 2 news articles »

Posted on 25 May 2016 | 8:52 am

Spain arrests 30 suspected of laundering money - CNBC


CNBC

Spain arrests 30 suspected of laundering money
CNBC
Spanish police said on Wednesday they had arrested 30 people suspected of illegally distributing pay television content and of laundering the proceeds by investing in bitcoin "mining" centers for processing transactions in the digital currency, which ...
Spain arrests 30 suspected of laundering money in bitcoin centresDaily Mail

all 4 news articles »

Posted on 25 May 2016 | 8:51 am

Japan Passes Bill to Regulate Bitcoin Exchanges - CryptoCoinsNews


CryptoCoinsNews

Japan Passes Bill to Regulate Bitcoin Exchanges
CryptoCoinsNews
The Diet in Japan (the legislature consisting of the Lower and the Upper Houses) has passed a bill today that mandates the regulation of bitcoin and virtual currency exchanges by the Financial Services Agency (FSA) in Japan. Japan has enacted a bill ...
Japan's Diet Introduces Bill to Regulate Bitcoin ExchangesnewsBTC
Bitcoin exchange operators now mandated to register with Japanese FSALeapRate
Japan Enacts Regulation for Digital Currency ExchangesCoinDesk

all 5 news articles »

Posted on 25 May 2016 | 6:16 am

The Arrival of Quantum Computing - Threat to Bitcoin? - CoinTelegraph


CoinTelegraph

The Arrival of Quantum Computing - Threat to Bitcoin?
CoinTelegraph
Hence, there could be a transition to a quantum-resistant algorithm in an orderly manner. The Bitcoin protocol could incorporate a new algorithm to be implemented after a certain block number, by which time all nodes would have to update the software ...

and more »

Posted on 25 May 2016 | 5:17 am

Coinbase Co-Founder: Ethereum Could 'Blow Past' Bitcoin - CoinDesk


CoinDesk

Coinbase Co-Founder: Ethereum Could 'Blow Past' Bitcoin
CoinDesk
In a sweeping, 2,500-word blog post today, Fred Ehrsam, the co-founder of one of the best funded blockchain startups, Coinbase, took aim at what he called a "stagnant" bitcoin community that he characterized as being outperformed by innovators working ...
Coinbase Co-Founder: "Ethereum Is Ahead of Bitcoin in Many Ways"CryptoCoinsNews
There is nothing that Bitcoin can do which Ethereum cant, Coinbase co-founder saysEconoTimes
Coinbase Co-Founder Fred Ehrsam Endorses EthereumThe Merkle
IBS Intelligence (blog) (subscription)
all 5 news articles »

Posted on 24 May 2016 | 2:43 pm

Ethereum, explained: why Bitcoin's stranger cousin is now worth $1 billion - Vox


Vox

Ethereum, explained: why Bitcoin's stranger cousin is now worth $1 billion
Vox
Bitcoin has struggled to live up to the hype that surrounded its emergence into the mainstream three years ago. Despite more than a billion dollars of venture capital funding, Bitcoin startups have failed to develop applications that appeal to ...
BTCS Expands Ethereum Hosting BusinessBitcoinist.net

all 11 news articles »

Posted on 24 May 2016 | 8:00 am

Bitcoin Production Will Drop By Half In July, How Will That Affect The Price? - Forbes


Forbes

Bitcoin Production Will Drop By Half In July, How Will That Affect The Price?
Forbes
One of the most fascinating aspects of the Bitcoin narrative is the trajectory of its price. Since its birth seven years ago, this abstract currency that only exists as computer code and/or in a small but rabid collective conscious has gone from ...
Kill Monsters, Get Bitcoin: Minecraft Server Releases Version 2.0, Opens Up “Satoshi Town”CoinTelegraph

all 3 news articles »

Posted on 24 May 2016 | 5:30 am

Hackers Steal $2 Million From Bitcoin Exchange In Hong Kong, Bounty Offered To Recover Funds - Forbes


Forbes

Hackers Steal $2 Million From Bitcoin Exchange In Hong Kong, Bounty Offered To Recover Funds
Forbes
The Hong Kong-based firm admitted a security breach occurred between May 9 and 12 that allowed unauthorized access to its “hot wallets” holding both Bitcoins and Ethere (a Bitcoin rival). In total, the hackers were able to steal 250 Bitcoins and 185 ...
Hackers steal $2M in Bitcoin and other digital currencySC Magazine

all 3 news articles »

Posted on 24 May 2016 | 4:13 am

Blockchain Startup Develops Identity App with Major Airline IT Firm

Blockchain startup ShoCard has developed a proof-of-concept focused on digital identity in partnership with a major airline IT firm.

Posted on 25 May 2016 | 5:31 am

Coinbase Co-Founder: Ethereum Could ‘Blow Past’ Bitcoin

In a new blog today, Coinbase exec Fred Ehrsam sought to position Ethereum as a competitor to bitcoin in the digital currency industry.

Posted on 24 May 2016 | 2:40 pm

Chinese Finance Giant Joins R3 Blockchain Consortium

A major Chinese financial firm has inked a new partnership with startup R3CEV.

Posted on 24 May 2016 | 1:56 pm

The Bitcoin Foundation Wants a Comeback, But Can it Be Saved?

The Bitcoin Foundation’s plans for a comeback have faced early skepticism after the public release of a private email from its executive director.

Posted on 24 May 2016 | 12:36 pm

UAE's First Bitcoin Startup Shuts Down

Bitcoin payments firm YellowPay has shut down according to members of its founding team.

Posted on 24 May 2016 | 8:44 am

Payment Processor Invests in Dubai-Based Bitcoin Startup

Payment service provider PayFort is among the investors in a seed funding round announced by Dubai-based bitcoin startup BitOasis.

Posted on 24 May 2016 | 6:00 am

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Report: US Postal Service Could Create its Own Digital Currency

The US Postal Service has released a new report outlining how it could adopt blockchain technology within its operations.

Posted on 23 May 2016 | 10:24 pm

5 Members of US National Guard Arrested for Alleged Bitcoin Scam

A group of US Army National Guard members have been arrested and charged with a scheme to use bitcoin to purchase stolen credit cards

Posted on 23 May 2016 | 3:30 pm

The Father of Futarchy Has an Idea to Reshape DAO Governance

The creator of Futarchy, a governance model founded on prediction markets Robin Hanson, discusses his concept in the context of DAOs.

Posted on 23 May 2016 | 11:24 am

Dubai Government to Sponsor Upcoming Digital Currency Conference

Dubai is set to play host to a conference on digital currencies months after a blockchain effort in the country was first unveiled.

Posted on 23 May 2016 | 10:23 am

The DAO is a New Dow

This op-ed explores The DAO's creation in the context of existing stock exchanges, as well as the overall evolution of technology.

Posted on 22 May 2016 | 10:22 am

Determining Jurisdiction When a DAO is Sued

Does distributed presence create distributed liability?

Posted on 22 May 2016 | 8:25 am

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The New Banking Standard

In this op-ed, bitcoin enthusiast Martin Hagelstrom touches on the slow but steady embrace of blockchain by the world's banks.

Posted on 21 May 2016 | 9:40 am

Ethereum Startup Offers Grants to Open Blockchain Developers

String Labs has announced its program to award grants to innovators building on the Ethereum blockchain. Permissioned ledgers need-not apply.

Posted on 20 May 2016 | 4:21 pm

Russia’s National Settlement Depository Successfully Tests Blockchain-Based E-Voting System

The National Settlement Depository (NSD), Russia’s central securities depository, has developed and successfully tested an e-proxy voting...

The post Russia’s National Settlement Depository Successfully Tests Blockchain-Based E-Voting System appeared first on Bitcoin Magazine.

Posted on

ISO May Propose Certified Standards for Blockchains and Distributed Ledgers

In April when the Bitcoin community began preparing for Australian Craig Wright’s “Satoshi Nakamoto reveal,” there was another announcement...

The post ISO May Propose Certified Standards for Blockchains and Distributed Ledgers appeared first on Bitcoin Magazine.

Posted on

Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments

Over the past years, the Dutch town of Arnhem consistently made headlines for its exceptional Bitcoin project: Arnhem Bitcoincity. Launched...

The post Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments appeared first on Bitcoin Magazine.

Posted on

Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit

If you’ve ever needed an incentive to get fit, a new app launched in Britain could give you the boost you need. The new fitness app for...

The post Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit appeared first on Bitcoin Magazine.

Posted on

Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork

Although there has been some serious, public drama over scaling in the Bitcoin community for over a year, it appears that the community is...

The post Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork appeared first on Bitcoin Magazine.

Posted on

DARPA, NATO Looking at Military Applications of Blockchain Technology

Both the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense (DoD) and NATO have put out requests for...

The post DARPA, NATO Looking at Military Applications of Blockchain Technology appeared first on Bitcoin Magazine.

Posted on

Distributed: Trade Blockchain Hackathon Offers $25k in Prizes for Supply Chain and Finance Use Cases

BTC Media, the parent company of Bitcoin Magazine, and SixThirty recently announced a 24-hour blockchain hackathon with $25,000 in prize...

The post Distributed: Trade Blockchain Hackathon Offers $25k in Prizes for Supply Chain and Finance Use Cases appeared first on Bitcoin Magazine.

Posted on

Are Altcoins Bitcoin’s Friends or Enemies?

Altcoins have a long tradition in the Bitcoin community, but they tend to cause a contentious divide among those who think they’re useful...

The post Are Altcoins Bitcoin’s Friends or Enemies? appeared first on Bitcoin Magazine.

Posted on

Holy DAO! Reflections on the $155 Million (And Growing) Autonomous Behemoth

DAO: a distributed, autonomous corporation. (A backgrounder can be found here.) Just more than a year ago, as I was completing work...

The post Holy DAO! Reflections on the $155 Million (And Growing) Autonomous Behemoth appeared first on Bitcoin Magazine.

Posted on

Deloitte Team Launches Custom Blockchain Solution Rubix Core

Earlier this month, the Rubix by Deloitte team started rolling out their beta product, Rubix Core, with an early release to a group of...

The post Deloitte Team Launches Custom Blockchain Solution Rubix Core appeared first on Bitcoin Magazine.

Posted on

May 25, 2016 -
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