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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

Expedia to accept Bitcoin payments for hotel bookings

Posted on 12 June 2014 | 12:41 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

Is Bitcoin Really Money? Economics Professor Says 'No' In Landmark Criminal Case - International Business Times


International Business Times

Is Bitcoin Really Money? Economics Professor Says 'No' In Landmark Criminal Case
International Business Times
Should bitcoin be considered money? It is a question which banks, government, regulators and financial institutions around the world have been grappling with for years, but now the question could finally be answered in a ground-breaking court case, the ...

and more »

Posted on 30 May 2016 | 5:16 am

Bitcoin ATMs Are Popular With the Unbanked, But the Regulatory Future Is Unclear - Motherboard


Motherboard

Bitcoin ATMs Are Popular With the Unbanked, But the Regulatory Future Is Unclear
Motherboard
A trend is emerging in the Bitcoin ATM industry. Demand for the services among the underbanked and unbanked has seen steady growth in the two years since the industry's first Bitcoin ATMs—often referred to as Bitcoin Transaction Machines, ...

and more »

Posted on 30 May 2016 | 5:06 am

Fix Cut Set to Push Yuan Low; Bitcoin Bubble Continues - newsBTC


newsBTC

Fix Cut Set to Push Yuan Low; Bitcoin Bubble Continues
newsBTC
Bitcoin, on the other hand, keeps gaining momentum while these woes haunt the financial ecosystem. Cutting the fixing of the Chinese Yuan by another 0.45% drives it to the weakest level since February of 2011. Financial experts attribute this cutting ...

and more »

Posted on 30 May 2016 | 4:00 am

Weakening Chinese yuan pushes Bitcoin to hit $500 sweet spot - CalvinAyre.com


CalvinAyre.com

Weakening Chinese yuan pushes Bitcoin to hit $500 sweet spot
CalvinAyre.com
Weakening Chinese yuan pushes Bitcoin to hit $500 sweet spot Last week, we saw the price of a single bitcoin slowly creep up to reach $467.50 on Thursday night. But that was nothing compared to Friday, when the price of the digital currency surged by ...
Bitcoin's Price Explodes, Is $600 Around the Corner?Bitcoinist.net
China Buying Sparks Bitcoin SurgeWall Street Journal
Bitcoin climbs above $500 for first time since August 2014Nasdaq
newsBTC -The Merkle -Finance Magnates
all 13 news articles »

Posted on 30 May 2016 | 3:02 am

Darkode Bitcoin bot bandit gets year and a day in US cooler - The Register


The Register

Darkode Bitcoin bot bandit gets year and a day in US cooler
The Register
Darkode bot bandit Rory Stephen Guidry has been sentenced to a year and a day in prison for selling a botnet containing 5000 enslaved machines, and stealing US$80,000 (£72,069, A$111,728) in Bitcoins and 5000 active credit cards. Guildry, 29, or ...
Bitcoin Thieving Darkode Botnet Hacket SentencedCryptoCoinsNews
Selling Botnets And Stealing Bitcoin Gets Darkode Forum User One Year In JailTechworm

all 5 news articles »

Posted on 30 May 2016 | 1:57 am

Australia to auction $11.5 million confiscated bitcoins - CNBC


CNBC

Australia to auction $11.5 million confiscated bitcoins
CNBC
Around 16 million Australian dollars ($11.49 million) worth of confiscated bitcoins will be auctioned in Sydney next month, the first such auction outside the United States, as demand for the digital currency surged to its highest in nearly two years ...
The price of bitcoin just surged to a 20-month highQuartz
MarketsBitcoin's dollar value spikes as auction announcedFinancial Times
Bitcoin values have spiked - but no one is sure whyNewstalk 106-108 fm
CoinDesk -CryptoCoinsNews -Business Insider Australia
all 28 news articles »

Posted on 30 May 2016 | 12:16 am

Quartz Daily Brief—Europe and Africa edition—Bitcoin rally, hedge fund reckoning, high-end Chinese wine - Quartz


Quartz Daily Brief—Europe and Africa edition—Bitcoin rally, hedge fund reckoning, high-end Chinese wine
Quartz
A continuation of bitcoin's rally. There's little consensus as to why it's surging, but the cryptocurrency hit its highest price since August 2014 over the weekend. French economic data. France will release GDP data for the first quarter, as the ...

Posted on 29 May 2016 | 11:26 pm

Ex-Citi Trader's Bitcoin Exchange Skirts Currency Curbs - Bloomberg


Bloomberg

Ex-Citi Trader's Bitcoin Exchange Skirts Currency Curbs
Bloomberg
It was after Arthur Hayes got laid off from Citigroup Inc. in 2013 that he stumbled across one of the simplest ways to make money he'd ever seen. He was living in Hong Kong and saw the price of bitcoin across the China border was much higher. He hopped ...
Bitcoin Derivatives Exchange Expands, Skirting China's Currency CurbsCryptoCoinsNews
BitCoin News: A BitCoin Market for a BitCoin Exchange, Diversifying in Chinese Currency ValueFX News Call

all 3 news articles »

Posted on 29 May 2016 | 4:29 pm

Why ABN Amro Wants to Separate Bitcoin from the Blockchain - CoinDesk


CoinDesk

Why ABN Amro Wants to Separate Bitcoin from the Blockchain
CoinDesk
As with many other major global banks, ABN is focused on distributed ledger aspects of the technology, and isn't working with digital currencies such as bitcoin. "If you look at our view regarding the blockchain, we want to clearly separate bitcoin ...

Posted on 29 May 2016 | 11:10 am

Dubai's Global Blockchain Council Unveils First Pilot Projects

Members of Dubai’s Global Blockchain Council (GBC) unveiled seven new proofs-of-concept at industry conference Keynote 2016 today.

Posted on 30 May 2016 | 5:05 am

Ernst & Young to Sell $12 Million in Bitcoin at Auction

Ernst & Young has announced it will auction $12.9m worth of bitcoin confiscated from a former Silk Road user.

Posted on 30 May 2016 | 12:20 am

London Workshop Explores Blockchain Identity in Finance

The Identity & KYC conference in London hosted a workshop on using blockchain technology to improve know-your-customer processes earlier this week.

Posted on 29 May 2016 | 9:56 am

Bitcoin Prices Break $500 Barrier to Hit 20-Month High

Bitcoin prices hit a more than 20-month high this weekend as the digital currency broke the $500 barrier to reap big gains.

Posted on 29 May 2016 | 5:38 am

A Framework for Identity

IDEO coLAB member Dan Elitzer explores a framework for digital identity using blockchain and other technologies.

Posted on 28 May 2016 | 10:14 am

A Right to Exist: Using Technology to Create Better ID Systems

Steven Malby of the Commonwealth Secretariat explores the challenges in bringing legal identity to the more than 1 billion people lacking recognition.

Posted on 28 May 2016 | 8:20 am

Was Ether's Loss Bitcoin's Gain? Traders Wonder After Wild Week

The price of bitcoin appreciated nearly 4% for the week ending 27th May.

Posted on 27 May 2016 | 3:47 pm

Kraken to Add DAO Trading as Critics Call for ‘Moratorium’

Amid a vibrant public debate, digital currency exchange operator Kraken has announced it will begin trading The DAO tokens.

Posted on 27 May 2016 | 2:55 pm

US Congress Reps Receive Blockchain Briefing at Capitol Hill Event

More than 15 members of Congress met with representatives of the blockchain technology industry this week in Washington, DC.

Posted on 27 May 2016 | 8:19 am

Lawyers Be DAMNed: Andreas Antonopoulos Takes Aim at Arbitration With DAO Proposal

Andreas Antonopoulos takes aim at local governments with new plans for an Ethereum-based system that could be recognized across borders.

Posted on 26 May 2016 | 4:57 pm

CFTC Grants Full Registration to Bitcoin Swaps Trading Platform

The CFTChas granted registration to a trading platform that was an early entrant in the US market for financial derivatives tied to bitcoin.

Posted on 26 May 2016 | 4:24 pm

Nasdaq Opens Blockchain Services to Global Exchange Partners

Nasdaq's new financial infrastructure hub could pave the way for other exchanges to start using blockchain technology in a wide range of services.

Posted on 26 May 2016 | 12:18 pm

Santander UK to Launch Ripple-Powered Payments App in 2016

The UK arm of Spanish banking group Santander has developed a new payments app in partnership with distributed ledger startup Ripple.

Posted on 26 May 2016 | 11:30 am

Blockchain Entrepreneurs, Musicians Test Ideas at Berlin Music Festival

A group of musicians, entrepreneurs and blockchain advocates is set to gather at a festival in Germany later this week.

Posted on 26 May 2016 | 10:28 am

21 Unveils Vision for Bitcoin-Powered Weather Data Market

Bitcoin’s best-funded startup, 21 Inc, unveiled a new proof-of-concept that envisions how its developer tools could fuel a weather marketplace.

Posted on 26 May 2016 | 9:55 am

Blockchain Technology Will Profoundly Change the Derivatives Industry

Editor's note: This is a guest post by Matt O’Brien. As the hype and pessimism around blockchain technology converge toward reality over the...

The post Blockchain Technology Will Profoundly Change the Derivatives Industry appeared first on Bitcoin Magazine.

Posted on

IBM: Government and Blockchain Sector Should Work Together to Enhance National Security

IBM Vice President for Blockchain Technologies Jerry Cuomo recently testified before the Commission on Enhancing National Cybersecurity on...

The post IBM: Government and Blockchain Sector Should Work Together to Enhance National Security appeared first on Bitcoin Magazine.

Posted on

BunkerChain Labs Takes on Fraud in Online Gaming Using the Blockchain

In a bid to provide the online gaming industry with a transparent and provably fair wagering platform, ex-military nuclear bunker and data...

The post BunkerChain Labs Takes on Fraud in Online Gaming Using the Blockchain appeared first on Bitcoin Magazine.

Posted on

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How Blockchain Technology Is Reinventing Global Trade Efficiency

This article orginally appeared in The Distributed Ledger. The business of moving commercial goods around the planet represents billions of...

The post How Blockchain Technology Is Reinventing Global Trade Efficiency appeared first on Bitcoin Magazine.

Posted on

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

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

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

May 30, 2016 -
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