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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 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

The Five Most Useful Properties of Bitcoin - Nasdaq


Nasdaq

The Five Most Useful Properties of Bitcoin
Nasdaq
Bitcoin has received plenty of hype as the money of the future over the past few years, but what are the properties of this digital asset that set it apart from everything else on the market? What are the features of Bitcoin that get people to use it ...
IMF Magazine Examines Present and Future of BitcoinCoinTelegraph

all 11 news articles »

Posted on 31 May 2016 | 11:20 am

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


Fortune

3 Reasons Bitcoin Is Booming Again, Price Nears $550
Fortune
On Tuesday, bitcoin was nosing towards $550 per unit, which is even higher than August 2014, when bitcoin prices reached almost $533. The recent move also ends a six-month period of relative tranquility in which prices mostly hovered between $350 and ...
Three reasons why bitcoin's price is surging higherCNBC
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
PYMNTS.com -IT PRO -Thomson Reuters Foundation
all 9 news articles »

Posted on 31 May 2016 | 9:09 am

Economist Argues Bitcoin Isn't Money in Closely Watched Court Case - Money Magazine


Money Magazine

Economist Argues Bitcoin Isn't Money in Closely Watched Court Case
Money Magazine
In a court proceeding watched closely in tech and financial circles across the United States and the world, an economist testified last week that bitcoin isn't really money and thus not subject to money-laundering laws. The judge's decision—not ...
Defense claims Bitcoin is not money in Miami laundering caseSiliconANGLE (blog)
Is Bitcoin Really Money? Economics Professor Says 'No' In Landmark Criminal CaseInternational Business Times
Bitcoin, Is It Money or Not Money?Techaeris

all 6 news articles »

Posted on 31 May 2016 | 8:30 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

As Bitcoin Mining Stabilizes, Bitmain Announces the Release of its New S9 ASIC Miner - CoinTelegraph


CoinTelegraph

As Bitcoin Mining Stabilizes, Bitmain Announces the Release of its New S9 ASIC Miner
CoinTelegraph
In its official announcement, Bitmain claims to have delivered “the most efficient 16nm Bitcoin miner” with low energy consumption and reasonable maintenance costs. The S9 is going to be available in limited quantities, so potential buyers should place ...
The Antminer S9 is The Most Power Efficient 16nm Bitcoin MinernewsBTC
Bitmain Technologies Unveils First Commercially Available 16nm Bitcoin MinerThe Merkle

all 5 news articles »

Posted on 31 May 2016 | 5:26 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

Mystery Solved: $6.6 Million Bitcoin Theft That Brought Down Dark Web Site Tied To 2 Florida Men - Forbes


Forbes

Mystery Solved: $6.6 Million Bitcoin Theft That Brought Down Dark Web Site Tied To 2 Florida Men
Forbes
The U.S. government has seized $4.5 million from two Florida men who allegedly stole 5,400 bitcoins from illegal online drug sales site Sheep Marketplace in late 2013, shortly before the price of bitcoin hit its peak of around $1,200, according to ...
Feds Discover Bitcoin Theiving Sheep Marketplace CulpritsCryptoCoinsNews

all 3 news articles »

Posted on 30 May 2016 | 4:35 pm

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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 23 news articles »

Posted on 30 May 2016 | 5:37 am

Microsoft Inks Deal to Develop Identity Platform for Multiple Blockchains

Microsoft has partnered with two startups to build an identity platform aimed to integrating with both the bitcoin and Ethereum blockchains.

Posted on 31 May 2016 | 10:38 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

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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

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

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

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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 Mining Firm KnCMiner Declares Bankruptcy

The parent company of Swedish bitcoin mine operator KnCMiner has declared bankruptcy.

Posted on 27 May 2016 | 11:41 am

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

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

Bitcoin Price Soars as Chinese Investors Look for Safe Haven From Devaluation and Capital Controls

Many have speculated that the recent increase in the price of bitcoin ($542 USD on Bitfinex at time of publication) can be traced to China,...

The post Bitcoin Price Soars as Chinese Investors Look for Safe Haven From Devaluation and Capital Controls appeared first on Bitcoin Magazine.

Posted on

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

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

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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

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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