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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

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 Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 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

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

3 Reasons Bitcoin Is Booming Again, Price Nears $550 - Fortune


Fortune

3 Reasons Bitcoin Is Booming Again, Price Nears $550
Fortune
It's also a remarkable improvement from a year ago when the currency was in the gutter. On June 1, 2015, one could buy a bitcoin for $226. To get the flavor the recent uptick, here is a screenshot from Coindesk's price index, showing prices in the last ...
Bitcoin Price: This Could Send Bitcoin Prices SoaringProfit Confidential
Bitcoin Price Soars as Chinese Investors Look for Safe Haven From Devaluation and Capital ControlsBitcoin Magazine
China's Bitcoin Buying BingePYMNTS.com
IT PRO -City A.M.
all 6 news articles »

Posted on 31 May 2016 | 9:09 am

Will Ethereum Beat Bitcoin to Mainstream Microtransactions? - CoinDesk


CoinDesk

Will Ethereum Beat Bitcoin to Mainstream Microtransactions?
CoinDesk
Micropayments have long been one of the most hotly-anticipated use cases for bitcoin, but similar tech may be coming soon to Ethereum, the decentralized blockchain network that has recently rejuvenated outside interest in the cryptocurrency space.
You've heard of bitcoin, this is BitCompanyTechCentral

all 4 news articles »

Posted on 31 May 2016 | 6:47 am

Better Buy Bitcoin? - Seeking Alpha


Seeking Alpha

Better Buy Bitcoin?
Seeking Alpha
The S&P 500 (NYSEARCA:SPY) is expensive. The stock market price is currently about 119% of the GDP. Average annual total returns from that level is historically less than 1%. The cyclically adjusted price-to-earnings ratio is about 26, 58% higher than ...

and more »

Posted on 31 May 2016 | 5:30 am

Bitcoin Support Coming? PayPal Files Patent for Payment Device That Accepts Cryptocurrencies - CryptoCoinsNews


Bitcoin Support Coming? PayPal Files Patent for Payment Device That Accepts Cryptocurrencies
CryptoCoinsNews
PayPal Inc. has filed a patent application for a modular payment device that accepts bitcoin and other digital currencies. The application, filed with the U.S. Patent & Trademark Office, includes a lengthy description of how it manages virtual ...

and more »

Posted on 31 May 2016 | 5:24 am

The Antminer S9 is The Most Power Efficient 16nm Bitcoin Miner - newsBTC


The Antminer S9 is The Most Power Efficient 16nm Bitcoin Miner
newsBTC
Bitcoin miners have been waiting for news from Bitmain for quite some time now. Ever since the Antminer S7 was released, it appeared as if no new model was coming anytime soon. But lo and behold, the company has finally unveiled their S9 model, which ...

and more »

Posted on 31 May 2016 | 5:00 am

Australia to sell £8m of seized bitcoins - BBC News


BBC News

Australia to sell £8m of seized bitcoins
BBC News
A collection of bitcoins worth about £8m, which had been confiscated by police in Australia, will be auctioned off in June. The 24,518 bitcoins will be sold mostly in blocks of 2,000 - each with a market value of about £680,000. Ernst & Young, the firm ...
Australian police to auction $13m in confiscated bitcoinsThe Guardian
Australia to auction $11.5 million confiscated bitcoinsCNBC
Bitcoin to be hammered – in an auction, that isThe Register
CNET -Sky News -ITProPortal
all 77 news articles »

Posted on 30 May 2016 | 7:15 am

China Buying Sparks Bitcoin Surge - Wall Street Journal


Wall Street Journal

China Buying Sparks Bitcoin Surge
Wall Street Journal
Chinese investors are pumping up bitcoin again, sending prices up nearly 16% in the past four days, just two years after the country was at the center of a boom and bust in the crypto-currency. The four-day surge in bitcoin since Friday has added $1.2 ...
Bitcoin price jumps 21 percent over 4 days, reaching a 21-month highTechCrunch
Why Bitcoin is China's latest crazeThe Australian Financial Review
Bitcoin Price Nears $550CryptoCoinsNews
Shanghai Daily (subscription) -Nasdaq -Bitcoinist.net
all 22 news articles »

Posted on 30 May 2016 | 5:37 am

Japan’s Trade Ministry: Government Should Promote Blockchain Use Cases

Japan’s Ministry of Economy, Trade and Industry (METI) has released the results of a survey on blockchain technology.

Posted on 31 May 2016 | 8:51 am

Will Ethereum Beat Bitcoin to Mainstream Microtransactions?

Micropayments have long been one of the most anticipated use cases for bitcoin, but similar tech may be coming soon to Ethereum.

Posted on 31 May 2016 | 6:40 am

Smart Dubai Director Sees Blockchain as Key to Connected Cities

The head of Dubai's smart cities drive spoke on how she believes blockchain can help drive the city’s modernization efforts yesterday.

Posted on 31 May 2016 | 4:57 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

Why ABN Amro Wants to Separate Bitcoin from the Blockchain

ABN Amro managing director Karin Kersten discusses her firm's blockchain strategy and use cases.

Posted on 29 May 2016 | 11:08 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

Bitcoin Price Hits Six-Month High Amid 5% Surge

Bitcoin prices surged more than 5% in the early hours of 27th May, to reach a more than six-month high.

Posted on 27 May 2016 | 10:36 am

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

Advertise with Anonymous Ads

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

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

Why the Global Economy Needs Open Blockchain Assets to Fight Negative Interest Rates

The world economy is in a fascinating period. It is an encouraging time for those hopeful about Bitcoin and other open blockchain-based...

The post Why the Global Economy Needs Open Blockchain Assets to Fight Negative Interest Rates 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

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

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

May 31, 2016 -
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