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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

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

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Cryptocurrency Market for Bitcoin Worth $19.48 Billion in 2016 - PR Newswire (press release)


Cryptocurrency Market for Bitcoin Worth $19.48 Billion in 2016
PR Newswire (press release)
The report titled "Global Cryptocurrency Market (Bitcoin, Ripple, Litecoin, Ethereum)- Insights and Analysis: Technology, Sizing, Growth and Potential - (By Value, By Transaction Volume, Bitcoin ATMs, Company Analysis)" suggests that the ...

and more »

Posted on 24 May 2016 | 12:01 am

Bitcoin Price Technical Analysis for 05/24/2016 – Retracement Opportunity! - newsBTC


newsBTC

Bitcoin Price Technical Analysis for 05/24/2016 – Retracement Opportunity!
newsBTC
This could be interpreted as a signal for more sellers to short bitcoin, taking it back down to the recent lows around $437. In addition, the moving averages could hold as dynamic inflection points, possibly holding as resistance up to the $450.50 mark.

and more »

Posted on 23 May 2016 | 9:52 pm

The Bitcoin Gambling Industry is growing at Full Steam - newsBTC


newsBTC

The Bitcoin Gambling Industry is growing at Full Steam
newsBTC
Since the first Bitcoin transaction in 2010, when a Pizza was bought by 10.000 Bitcoins, Digital currency has seen a significant interest from many online businesses. Industry scouts and entrepreneurs saw this new technology as a tool that could ...
How We Were Buying Pizza with Bitcoins in the US, UK and India on Bitcoin Pizza Day 2016CoinTelegraph
What is Bitcoin?Computer Business Review
More users are paying their DTH, mobile bills via Bitcoin: ZebpayHindustan Times
EconoTimes -Zee News -Siliconindia.com
all 7 news articles »

Posted on 23 May 2016 | 3:53 pm

5 Members of US National Guard Arrested for Alleged Bitcoin Scam - CoinDesk


5 Members of US National Guard Arrested for Alleged Bitcoin Scam
CoinDesk
A group of US Army National Guard members have been arrested and charged with a scheme to use bitcoin to purchase stolen credit card numbers in order to make fraudulent purchases from a number of military bases. The Justice Department has said that ...
Five U.S. National Guardsmen Accused For Bitcoin ScamEconoTimes
D.C. National Guardsmen indicted in credit card fraud schemeBaltimore Sun

all 7 news articles »

Posted on 23 May 2016 | 3:32 pm

Computer Expert Raises New Concerns for Bitcoin Users - Santa Barbara Independent


Computer Expert Raises New Concerns for Bitcoin Users
Santa Barbara Independent
UCSB welcomed world-renowned computer engineer, Dr. Emin Gün Sirer, for a free lecture on electronic currencies this week at the SAGE Center for the Study of the Mind. The best known of these systems, Bitcoin, already has a pretty controversial ...

Posted on 23 May 2016 | 1:34 pm

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


Bitcoin Magazine

Antpool Will Not Run SegWit Without Block Size Increase Hard Fork
Bitcoin Magazine
Although there has been some serious, public drama over scaling in the Bitcoin community for over a year, it appears that the community is mostly unified behind a single plan going forward, which is based on the “Bitcoin Roundtable Consensus.” There ...

and more »

Posted on 23 May 2016 | 12:39 pm

Venture Capitalist Balaji Srinivasan Banks on Bitcoin Adoption - Institutional Investor


Venture Capitalist Balaji Srinivasan Banks on Bitcoin Adoption
Institutional Investor
“I think what happens over the next five to ten years is Bitcoin becomes the currency of the Internet, for machine payments and things like that,” Srinivasan said on a panel. “Then, over the next 20 years, it becomes the currency of the next world ...

Posted on 23 May 2016 | 11:00 am

Bitcoin Price Sailing A Shallow Sea - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Sailing A Shallow Sea
CryptoCoinsNews
Bitcoin price retested long-term support overnight but has failed to push away from the shores of $440. If the market can hold above this price level, then a return to the high seas may be possible, but lack of volume implies the bitcoin price ship is ...

Posted on 23 May 2016 | 9:30 am

I'm ditching traditional banks in favor of bitcoin—and you can, too - Quartz


Quartz

I'm ditching traditional banks in favor of bitcoin—and you can, too
Quartz
I've been interested in bitcoin (BTC) as a concept since its inception. Until recently, however, I considered bitcoin more of a cryptographic experiment than something that could affect my daily life. One of the biggest obstacles for me was practicality.
Bitcoin Catches On With Gold BugsWall Street Journal
What Bitcoin Pizza Day Can Teach Us TodayCoinTelegraph
Bitcoin Price Analysis: Do Fundamentals Drive Price?CryptoCoinsNews
FxPips.com
all 6 news articles »

Posted on 23 May 2016 | 5:01 am

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

Swedish Court Rules Against KnCMiner Mining Hardware Customers

A legal effort to sue bitcoin mining firm KnCMiner over product refunds has been dealt a blow in Sweden, court documents reveal.

Posted on 23 May 2016 | 2:49 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

Blockchain's Big Innovation is Trust, Not Money

In this opinion piece, a former Wall Street pro discusses why he believes the blockchain is best perceived as an innovation in distributed trust.

Posted on 21 May 2016 | 9:57 am

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

Ether Price Surges 50% as The DAO Draws Trading Interest

While bitcoin has long dominated the digital currency space, ether has been grabbing headlines - and trading volume - this week.

Posted on 20 May 2016 | 3:39 pm

Researchers Plan 'Unstoppable' DAO to Help Whales Save Themselves

A distributed ledger could help these researchers launch an unstoppable “Human-Whale-Robot-Hybrid” distributed autonomous organization.

Posted on 20 May 2016 | 11:55 am

Bitcoin Miners Follow Profit to Ethereum Blockchain

A well-known Chinese bitcoin miner gets into Ethereum as a wide range of high-profile organizations begin to capitalize on the digital currency.

Posted on 20 May 2016 | 11:16 am

Payments Giant Qiwi is Building a Blockchain Replacement for its Core Database

Russian payments firm Qiwi is currently designing its own proprietary blockchain system in an effort to replace its central payments database.

Posted on 20 May 2016 | 9:34 am

Russia's 'Bitcoin Ban' Faces Uncertain Future After Draft Bill Withdrawn

A bill that would ban so-called money surrogates such as bitcoin in Russia has an uncertain future.

Posted on 19 May 2016 | 2:12 pm

Coinbase Exchange to Rebrand Following Ethereum Trading Launch

Bitcoin exchange and wallet service Coinbase is adding support for ether, the native cryptocurrency of the Ethereum network.

Posted on 19 May 2016 | 1:08 pm

Sydney Stock Exchange Developing Blockchain Trading System

A stock exchange in Australia is developing a private equity market solution using blockchain technology.

Posted on 19 May 2016 | 9:30 am

The Law of The DAO

What is the legal status of The DAO? In this opinion piece, lawyer Drew Hinkes takes a deep dive into laws surrounding fundraising and more.

Posted on 19 May 2016 | 9:15 am

Apache Foundation Founder Named Hyperledger Executive Director

The founder of the Apache Software Foundation, Brian Behlendorf, joins the open-source Hyperledger Project as its first executive director.

Posted on 19 May 2016 | 6:28 am

Judge Dismisses Mt Gox Class Action Lawsuit in Canada

An effort to bring a class action lawsuit against defunct bitcoin exchange Mt Gox has been dismissed in Canada.

Posted on 18 May 2016 | 4:53 pm

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

Holberton School Begins Tracking Student Academic Credentials on the Bitcoin Blockchain

Educational institutions are turning their attention to the public blockchain to record and verify student credentials. Under normal...

The post Holberton School Begins Tracking Student Academic Credentials on the Bitcoin Blockchain appeared first on Bitcoin Magazine.

Posted on

Erik Voorhees: Complying With BitLicense Would Have Made ShapeShift Hack Much Worse

The recent hacks at ShapeShift, a sort of vending machine for altcoins, has been one of the biggest stories in Bitcoin for the past few...

The post Erik Voorhees: Complying With BitLicense Would Have Made ShapeShift Hack Much Worse appeared first on Bitcoin Magazine.

Posted on

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Mycelium Bitcoin Wallet Crowdsale Closes in on $1 Million Fundraise, Integrates Glidera

In a month of big news for the Bitcoin wallet, Mycelium has announced the integration of Glidera. Now, users can buy and sell bitcoin in the...

The post Mycelium Bitcoin Wallet Crowdsale Closes in on $1 Million Fundraise, Integrates Glidera appeared first on Bitcoin Magazine.

Posted on

May 24, 2016 -
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