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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

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

Citi: Bitcoin is an Opportunity for Banks, Not a Threat - CoinDesk


Wall Street Journal (blog)

Citi: Bitcoin is an Opportunity for Banks, Not a Threat
CoinDesk
A new research report by banking giant Citi asserts that it does not view bitcoin and other digital currencies as a disruptive threat to banks, credit card networks or traditional remittance providers, but rather as a potential complement to existing ...
Bitcoin Still Not Ready for Prime Time, Citi SaysWall Street Journal (blog)
Citi Doesn't See Bitcoin Disrupting Trusted Names Like Visa, MastercardBenzinga

all 3 news articles »

Posted on 30 June 2016 | 11:47 am

Does BIP 75 Really Threaten Bitcoin's Fungibility? - Nasdaq


Nasdaq

Does BIP 75 Really Threaten Bitcoin's Fungibility?
Nasdaq
The community, especially on Reddit, is concerned that the option to identify oneself to the sender or receiver of a payment may lead down the road toward know your customer (KYC) and anti-money laundering (AML) restrictions on the Bitcoin protocol.

and more »

Posted on 30 June 2016 | 10:41 am

Everything you need to know about the bitcoin 'halving' event - Quartz


Quartz

Everything you need to know about the bitcoin 'halving' event
Quartz
Already over the past year, Craig Wright stepped forward as Satoshi Nakamoto, bitcoin's anonymous founder, but later backed away from those claims; a civil war raged at the upper echelons of the bitcoin community over changes to the network's code; ...

Posted on 30 June 2016 | 9:25 am

Bitcoin Miners to Hardfork According to Circulating Rumors - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Miners to Hardfork According to Circulating Rumors
CryptoCoinsNews
The blocksize debate has been brought to the forefront once more as a number of Bitcoin developers, including Gregory Maxwell, CTO of Blockstream and Mark Friedenbach, Core Tech Engineer at Blockstream, came out against the Hong Kong Consensus, ...
As Block Size Debate Flares, Bitcoin Scaling Solution Enters Next PhaseCoinDesk

all 2 news articles »

Posted on 30 June 2016 | 8:59 am

How Governments Subsidize Bitcoin's Usefulness and the Bitcoin Price - Bitcoin Magazine


Bitcoin Magazine

How Governments Subsidize Bitcoin's Usefulness and the Bitcoin Price
Bitcoin Magazine
Bitcoin Core contributor, Peter Todd, was recently interviewed on Bitcoin Uncensored by co-hosts Chris DeRose and Joshua Unseth. Ethereum, The DAO, private blockchains and many other topics were discussed but DeRose turned the conversation toward ...

Posted on 30 June 2016 | 8:28 am

If EU Collapses, May Bitcoin Become Europe's Common Currency? - CoinTelegraph


CoinTelegraph

If EU Collapses, May Bitcoin Become Europe's Common Currency?
CoinTelegraph
“What's happening to gold rates in these Brexit days, stock markets disrupted and gold rises, the same happens to Bitcoin. So in the public imagination, Bitcoin is considered as gold, a good where we find refuge when markets fall down. This is only a ...

Posted on 30 June 2016 | 6:21 am

Episode 708: Bitcoin Divided - NPR


NPR

Episode 708: Bitcoin Divided
NPR
Bitcoin was supposed to be the currency of the future: secure, fast, independent of any government. But if there's one feature a currency needs, it's to let you pay for things. And, recently, that's been a problem for Bitcoin. The idea was always that ...
Bitcoin Price Down, but Gaining Popularity in UK Following BrexitBitcoinist.net

all 4 news articles »

Posted on 29 June 2016 | 2:37 pm

How China Took Center Stage in Bitcoin's Civil War - New York Times


New York Times

How China Took Center Stage in Bitcoin's Civil War
New York Times
Yet Bitcoin, which is both a new kind of digital money and an unusual financial network, is having something of an identity crisis. Like so many technologies before it, the virtual currency is coming up against the inevitable push and pull between ...
Chinese Yuan Devaluation Fails to Fuel Bitcoin Price RallyCoinDesk
3 Reasons Why Every Portfolio Should Have BitcoinHuffington Post
Legal status on the horizon for bitcoin in ChinaCalvinAyre.com
SiliconANGLE (blog) -Bitcoin Magazine -The Merkle
all 9 news articles »

Posted on 29 June 2016 | 2:27 pm

This A16z Startup is Building a 'Virtual Galaxy' for Bitcoin Nodes - CoinDesk


CoinDesk

This A16z Startup is Building a 'Virtual Galaxy' for Bitcoin Nodes
CoinDesk
Some have said that bitcoin can be thought of as digital property, akin to a kind of virtual gold. If so, this description then raises the question – can technology be used to create entirely digital landscapes? The developers behind a project called ...

Posted on 29 June 2016 | 11:06 am

Outside the Spotlight, Stellar is Pulling Banks Into Orbit

Stellar founder Jed McCaleb takes on a new role as the company he co-founded takes another step towards serving the unbanked.

Posted on 30 June 2016 | 9:45 am

Winklevoss Bitcoin Trust Moves Filing to BATS Exchange

The Winklevoss Bitcoin Trust is no longer attempting to list on Nasdaq, according to an SEC document filed today.

Posted on 29 June 2016 | 3:43 pm

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For Ether Investors, All Eyes Remain on Divisive Fork Debate

The price of ether remains volatile following the loss of investor funds by one of the blockchain platform's signature projects.

Posted on 29 June 2016 | 2:56 pm

Why Ethereum Needs 'Dumb' Contracts

Ethereum entrepreneur Daniel Cawrey discusses the recent demise of The DAO and how that impacts the future of smart contracts.

Posted on 29 June 2016 | 11:50 am

This A16z Startup is Building a 'Virtual Galaxy' for Bitcoin Nodes

The developers of an effort to create a distributed network of servers called Urbit is hoping to help make it easier for users to run bitcoin nodes.

Posted on 29 June 2016 | 11:06 am

Specter of Ethereum Hard Fork Worries Australian Banking Group

As the ethereum community debates a hard fork option to undo losses sustained by The DAO, ANZ is questioning the credibility of public blockchains.

Posted on 29 June 2016 | 10:10 am

Chinese Yuan Devaluation Fails to Fuel Bitcoin Price Rally

The price of bitcoin failed to increase despite the fact the yuan-dollar exchange rate was close to its lowest point since 2010 this week.

Posted on 29 June 2016 | 7:34 am

Bitcoin Impact Unlikely as Chinese Legislators Draft 'Virtual Property' Law

Reports that a new Chinese draft bill would cover digital currencies appear exaggerated, according to local sources.

Posted on 29 June 2016 | 6:40 am

New Vulnerability May Prevent Ethereum Soft Fork

One possible solution to the attack that led to the draining of funds from The DAO is now believed to include an exploit of its own.

Posted on 28 June 2016 | 3:00 pm

The Inventor of the Merkle Tree Wants DAOs to Rule the World

Cryptography pioneer Ralph Merkle recently returned to the crypto community to advocate for the spread of what he calls "DAO democracy".

Posted on 28 June 2016 | 12:31 pm

Brazil's Banco Bradesco Joins R3 Consortium

A major Brazilian banking institution has become the latest member of distributed ledger consortium R3.

Posted on 28 June 2016 | 7:51 am

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IBM Opens Blockchain Garage in New York City

IBM has announced the opening of a new office for blockchain coders in a trendy New York City neighborhood.

Posted on 28 June 2016 | 7:00 am

Kraken Acquires Dutch Bitcoin Exchange CleverCoin

San Francisco-based digital currency exchange Kraken is making yet another acquisition, scooping up Dutch exchange CleverCoin.

Posted on 27 June 2016 | 10:00 pm

Does BIP 75 Really Threaten Bitcoin’s Fungibility?

On Wednesday, the Bitcoin community went into a tizzy over BIP 75 (BIP stands for Bitcoin Improvement Proposal), which is, in short, a...

The post Does BIP 75 Really Threaten Bitcoin’s Fungibility? appeared first on Bitcoin Magazine.

Posted on

Hyperledger Global Expansion Adds Seven New Members to Blockchain Initiative

The Hyperledger Project, led by the Linux Foundation and aimed at the development of an enterprise-grade, open source distributed ledger...

The post Hyperledger Global Expansion Adds Seven New Members to Blockchain Initiative appeared first on Bitcoin Magazine.

Posted on

China Signals a New, Accepting Approach to Digital Currencies

China’s government has signaled that it is warming up to digital currency with a new proposed civil law that may recognize people’s legal...

The post China Signals a New, Accepting Approach to Digital Currencies appeared first on Bitcoin Magazine.

Posted on

IBM Opens New York Bluemix Garage for Cloud Blockchain Application Development

IBM on Tuesday announced a new Bluemix Garage in New York, located at Galvanize’s newly launched New York campus in SoHo. This enables...

The post IBM Opens New York Bluemix Garage for Cloud Blockchain Application Development appeared first on Bitcoin Magazine.

Posted on

Local Trade and Decentralized Exchange: Protecting Privacy When Moving in and Out of Bitcoin

Bitcoin right now is not really anonymous. While Bitcoin addresses aren't necessarily linked to real-world identities, they can be....

The post Local Trade and Decentralized Exchange: Protecting Privacy When Moving in and Out of Bitcoin appeared first on Bitcoin Magazine.

Posted on

Circle Bets Big on China Amid New Capital Raise

“Bitcoin bank” Circle is betting big on China. The company has announced that it raised $60 million in a new Series D funding round led by...

The post Circle Bets Big on China Amid New Capital Raise appeared first on Bitcoin Magazine.

Posted on

The Bitcoin Halving Approaches: Miners BitFury and BTCC Not Concerned

The second-ever Bitcoin block reward halving is estimated to take place in a little under two weeks, and the overall effects of this event...

The post The Bitcoin Halving Approaches: Miners BitFury and BTCC Not Concerned appeared first on Bitcoin Magazine.

Posted on

Bitcoin Thrives in Moments Like Brexit

The Bitcoin price has stabilized on news of Britain leaving the European Union in a historically unprecedented move. The currency, which had...

The post Bitcoin Thrives in Moments Like Brexit appeared first on Bitcoin Magazine.

Posted on

June 30, 2016 -
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