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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

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

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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Bitcoin Finds Berth at Sberbank's Moscow Office Despite Ban Talk - Bloomberg


Livemint

Bitcoin Finds Berth at Sberbank's Moscow Office Despite Ban Talk
Bloomberg
While Russian authorities are still trying to define the legal status of bitcoin, the virtual currency has found use in Moscow in the lobby of the country's biggest bank. A coffee stand at the headquarters of state-owned Sberbank PJSC is one of the ...
Crypto-currencies: they are such a blurLivemint

all 2 news articles »

Posted on 26 September 2016 | 6:55 am

Steam Key Trading Bot: Coinbase Glitch Caused Missed Bitcoin Payments - CryptoCoinsNews


CryptoCoinsNews

Steam Key Trading Bot: Coinbase Glitch Caused Missed Bitcoin Payments
CryptoCoinsNews
KeyVendor.net, a bot for trading bitcoin keys used by the Steam entertainment platform, was not able to pay some customers their bitcoin a few days ago on account of a glitch at Coinbase, according to a notice KeyVendor posted on steamcommunity.com.

Posted on 26 September 2016 | 3:58 am

Bitcoin Price Watch; Monday Morning's Targets - newsBTC


newsBTC

Bitcoin Price Watch; Monday Morning's Targets
newsBTC
It's Monday morning, and time to take a look at the bitcoin price for the first time this week. Action was nice and volatile last week, and price gave us plenty of opportunities to get in and out of the markets according to the rules of our standard ...

and more »

Posted on 26 September 2016 | 3:28 am

China's risk-loving mom and pop investors have abandoned local stock markets for bitcoin - Quartz


Quartz

China's risk-loving mom and pop investors have abandoned local stock markets for bitcoin
Quartz
Chinese traders' dominance in the bitcoin markets has had little negative impact on the cryptocurrency—so far. That could change if mainland regulators target Chinese exchanges, raising the specter of plummeting liquidity, as bitcoin traders saw ...
Huobi Remains Tightlipped On CNY Trading Outage Earlier TodayThe Merkle

all 2 news articles »

Posted on 25 September 2016 | 10:38 pm

The Water Project Receives the Largest Bitcoin Donation - newsBTC


newsBTC

The Water Project Receives the Largest Bitcoin Donation
newsBTC
Bitcoin has been at the receiving end of all the negative publicity until now, thanks to its extensive use by cybercriminals and darknet marketplaces. But one recent transaction allows both Bitcoin and Bitcoin community to break away from the stereotype.

Posted on 25 September 2016 | 2:30 pm

Bitcoin Price Slipping From $600, Downside Risk - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Slipping From $600, Downside Risk
CryptoCoinsNews
Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Bitcoin price looks to be slipping from $600 and 4,000 CNY in some exchanges exchanges. Failure to hold this critical level opens the ...

Posted on 25 September 2016 | 9:59 am

A Controversial Bitcoin Alternative is Seeking a Comeback - CoinDesk


CoinDesk

A Controversial Bitcoin Alternative is Seeking a Comeback
CoinDesk
Having launched earlier this year, Bitcoin Unlimited grew out of an active movement to quickly pick up bitcoin's userbase by increasing the block size, or a hardcoded limit on the number of transactions that the network can process per block. This is a ...

Posted on 25 September 2016 | 9:58 am

Swift Kicks-Off Sibos By Unveiling Blockchain Contest Winners

Swift announced three blockchain startups that won a competition to build a distributed ledger bonds solution earlier this year.

Source

Posted on 26 September 2016 | 6:27 am

Hyperledger Adds to Blockchain Group in Time for Sibos

Blockchain consortium Hyperledger today revealed five new members today.

Source

Posted on 26 September 2016 | 4:15 am

A Controversial Bitcoin Alternative is Seeking a Comeback

A controversial bitcoin alternative that offers owners and miners a choice of block size may be making a comeback.

Source

Posted on 25 September 2016 | 9:53 am

Why You Should Beware the Altcoin Rebrand

Lead developer of Drop Zone Chris DeRose argues that ICOs are little more than rebranded altcoins and come with similar risks.

Source

Posted on 25 September 2016 | 7:49 am

Global Banks Partner to Form Blockchain Payments Network

Ripple joins with Bank of America, Santander, the Royal Bank of Canada and more to build a global blockchain steering group.

Source

Posted on 23 September 2016 | 11:47 am

Swiss Financial Infrastructure Firm Testing Blockchain

A major financial infrastructure provider in Switzerland is developing a proof-of-concept focused on securities market infrastructure.

Source

Posted on 23 September 2016 | 9:20 am

World's Largest Mining Company to Use Blockchain for Supply Chain

The world's largest mining firm as ranked by PwC intends to begin using the ethereum blockchain to improve its supply chain processes.

Source

Posted on 23 September 2016 | 4:01 am

China's Financial Firms Urge Regulators to Help Mature Blockchain

China’s major financial institutions believe governance should not be replaced in any larger transitions to blockchain.

Source

Posted on 22 September 2016 | 10:28 pm

Blockchain to Drive Wanxiang's $30 Billion Smart Cities Initiative

Auto giant Wanxiang announced today that it will be using blockchain as part of its newly announced smart cities program.

Source

Posted on 22 September 2016 | 7:55 pm

IBM, China UnionPay Develop Blockchain Loyalty Points Exchange

International Business Machines is working with a Chinese credit card company to to create a blockchain-based system for trading loyalty points.

Source

Posted on 22 September 2016 | 7:00 pm

New Lawsuit Filed Against Xapo Founder Wences Casares

Online identity company Lifelock has filed another lawsuit against bitcoin wallet startup Xapo founder Wences Casares.

Source

Posted on 22 September 2016 | 2:10 pm

Roger Ver Sues Bitcoin Exchange OKCoin For $570k

In the latest round of a long-standing feud, bitcoin investor Roger Ver is suing bitcoin exchange OkCoin for $570,000.

Source

Posted on 22 September 2016 | 10:57 am

Symbiont Showcases Blockchain Catastrophe Swaps to Insurance Execs

Blockchain startup Symbiont has demonstrated a self-executing catastrophe swap smart contract on a platform designed for a wide-range of industries.

Source

Posted on 22 September 2016 | 7:50 am

Brothers Face Jail Time for Stealing Power to Mine Bitcoins

Two brothers in the Netherlands face months in prison after allegedly siphoning power to fuel a small bitcoin mining operation.

Source

Posted on 21 September 2016 | 2:12 pm

Blockchain Smart Contracts Need a New Kind of Due Diligence

Two legal experts argue that we need enhanced due diligence before smart contract transactions are written in "blockchain stone".

Source

Posted on 21 September 2016 | 8:33 am

Blockchain Summit Day One: Highlights From Shanghai

A busy first day of Blockchain Summit, part of International Blockchain Week in Shanghai, was filled with product demonstrations and...

The post Blockchain Summit Day One: Highlights From Shanghai appeared first on Bitcoin Magazine.

Posted on

Tendermint Wins Innovation Award and Announces Cosmos at International Blockchain Week

Blockchain app specialist, Tendermint, winner of the 20,000 RMB prize for the "Most Innovative" Award at the International Blockchain Week...

The post Tendermint Wins Innovation Award and Announces Cosmos at International Blockchain Week appeared first on Bitcoin Magazine.

Posted on

BlockApps Expands Ethereum's Presence in China; Announces New Funding and Key Partnerships

Ethereum is gaining ground in China as innovators have announced key developments and partnerships during International Blockchain Week in...

The post BlockApps Expands Ethereum's Presence in China; Announces New Funding and Key Partnerships appeared first on Bitcoin Magazine.

Posted on

The Long History and Disputed Desirability of Alternative Bitcoin Implementations

Coinciding with the opening of the Ethereum Foundation’s Devcon2 conference in Shanghai this week, significant parts of the Ethereum network...

The post The Long History and Disputed Desirability of Alternative Bitcoin Implementations appeared first on Bitcoin Magazine.

Posted on

Op-Ed: What Is the True Meaning of "Decentralization" in Blockchain Technology?

Recent years have brought significant misunderstanding of the term decentralization as it pertains to Bitcoin. Literally, it means the...

The post Op-Ed: What Is the True Meaning of "Decentralization" in Blockchain Technology? appeared first on Bitcoin Magazine.

Posted on

IBM and Bank of Tokyo-Mitsubishi UFJ Develop Blockchain-Powered Contract Management System

IBM announced that it has signed a contract with the Bank of Tokyo-Mitsubishi UFJ (BTMU) to apply blockchain technology to the design,...

The post IBM and Bank of Tokyo-Mitsubishi UFJ Develop Blockchain-Powered Contract Management System appeared first on Bitcoin Magazine.

Posted on

Roger Ver Is Still Determined to Increase the Bitcoin Block Size Limit via a Hard Fork

Two attempts to increase Bitcoin’s block size limit via hard forks — Bitcoin XT and Bitcoin Classic — have failed to gain much support in...

The post Roger Ver Is Still Determined to Increase the Bitcoin Block Size Limit via a Hard Fork appeared first on Bitcoin Magazine.

Posted on

Op-Ed: Bitcoin’s Journey to Digital Reserve Currency Status

Seven years on, bitcoin still remains the largest digital currency by market capitalization. While bitcoin may have been the most volatile...

The post Op-Ed: Bitcoin’s Journey to Digital Reserve Currency Status appeared first on Bitcoin Magazine.

Posted on

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State Street and PeerNova Trial New Blockchain Prototype for Capital Tracking

PeerNova and State Street have been trialing a blockchain-enabled platform for the tracking and monitoring the flow of funds. The two...

The post State Street and PeerNova Trial New Blockchain Prototype for Capital Tracking appeared first on Bitcoin Magazine.

Posted on

September 26, 2016 -
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