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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

Expedia to accept Bitcoin payments for hotel bookings

Posted on 12 June 2014 | 12:41 pm

Bitcoin taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

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

Drug Sales and Bitcoin Usage On Dark Net Increase - newsBTC


newsBTC

Drug Sales and Bitcoin Usage On Dark Net Increase
newsBTC
The dark net has always been one of those places where Bitcoin is most commonly used for transactions. Although the dark net is filled with marketplaces where illegal goods and services are bought and sold, it always played a key role in Bitcoin usage.

Posted on 25 June 2016 | 2:30 pm

Bitcoin Price And SegWit - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price And SegWit
CryptoCoinsNews
Yesterday was an historic day not only for the UK, with the British people sacrificing the pound (dropping to its lowest level in decades) in defiance of the banksters and the oligarchy, but also a historic day for Bitcoin as SegWit was merged in the ...
Segregated Witness Merge Request Sparks New Debate Among Bitcoin usersThe Merkle

all 2 news articles »

Posted on 25 June 2016 | 9:35 am

Taiwan May Be The Most Convenient Country For Bitcoin Enthusiasts - The Merkle


The Merkle

Taiwan May Be The Most Convenient Country For Bitcoin Enthusiasts
The Merkle
Spending Bitcoin can be done in a multitude of ways, and Taiwan seems to be the place to be for travelers. Not only is the region filled with nature, peace, and quiet, but they are also rather keen on Bitcoin by the look of things. In fact, it may be ...

Posted on 25 June 2016 | 8:43 am

Complex Bitcoin Phishing Scheme Revealed - Cisco's OpenDNS Security Team - CoinTelegraph


CoinTelegraph

Complex Bitcoin Phishing Scheme Revealed - Cisco's OpenDNS Security Team
CoinTelegraph
Criminals have started staging phishing campaigns having discovered that Bitcoin can provide an easier way to steal, says Cisco's OpenDNS security team after they revealed a complex phishing scheme aimed at collecting user credentials from various ...
Phishing Attacks Targetting Blockchain.info on the Rise, Reports OpenDNSnewsBTC

all 2 news articles »

Posted on 25 June 2016 | 3:30 am

Accountants Ask IRS to Clarify Bitcoin Transactions' Tax Status - CryptoCoinsNews


CryptoCoinsNews

Accountants Ask IRS to Clarify Bitcoin Transactions' Tax Status
CryptoCoinsNews
A bitcoin payment for a small purchase can have an investment gain or loss on that purchase under the IRS's existing tax treatment. This is an onerous reporting requirement. Annette Nellen, a professor at San Jose State University, who helped draft the ...

Posted on 24 June 2016 | 11:39 pm

Needham: 'Brexit' Boosts Bitcoin Price, But Too Early to Call it a Safe Haven - CoinDesk


Needham: 'Brexit' Boosts Bitcoin Price, But Too Early to Call it a Safe Haven
CoinDesk
Despite the increase in the price of bitcoin amid the UK's recent EU referendum, a new research note from Needham & Company asserts it might be too early to call the digital currency a “safe haven” asset. Global bitcoin prices have risen nearly 6% over ...

Posted on 24 June 2016 | 2:52 pm

As Global Currencies Plunge Over Brexit, Investors Turn to Bitcoin - Fortune


Fortune

As Global Currencies Plunge Over Brexit, Investors Turn to Bitcoin
Fortune
Bitcoin, the cryptocurrency that had been plunging in recent days, is soaring on Friday after the Brexit vote. As of this writing, Bitcoin is trading at $667.41 per unit, up significantly from a Thursday low of $582.92. At its height, Bitcoin was ...
Bitcoin Buyers Seek Haven From British Pound After Brexit VoteBloomberg
Bitcoin value surges as British pound tanks on BrexitThe Verge
Bitcoin startups talk about Brexit price spike and government-backed currenciesInternational Business Times UK
CoinDesk -Yahoo Finance -CNBC
all 80 news articles »

Posted on 24 June 2016 | 10:01 am

Bitcoin jumps to $680 as Brexit vote upends stocks - MarketWatch


Bitcoin jumps to $680 as Brexit vote upends stocks
MarketWatch
Bitcoin prices have rebounded from a massive selloff earlier in the week as investors sought succor in digital currencies after global stocks plunged in the wake of the U.K.'s vote to leave the European Union. The price of a single coin gained more ...

Posted on 24 June 2016 | 9:29 am

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The Latest Bitcoin Hurdle: How to Tax It - Wall Street Journal


Wall Street Journal

The Latest Bitcoin Hurdle: How to Tax It
Wall Street Journal
A little more than two years after the Internal Revenue Service issued bare-bones guidance on bitcoin and other digital currencies, the agency still hasn't addressed many important tax matters affecting them. The American Institute of CPAs sent the IRS ...

and more »

Posted on 24 June 2016 | 9:15 am

Understanding The DAO Hack for Journalists

Blockchain strategist David Siegel gives a step-by-step overview of the attack on The DAO for journalists and media members.

Posted on 25 June 2016 | 9:00 am

Ethereum for the Overwhelmed Layman

Confused about Ethereum? Cryptocurrency investment fund manager Jacob Eliosoff gives his ELI5 overview of the emerging tech.

Posted on 25 June 2016 | 6:00 am

Bitcoin Rollercoaster Rides Brexit As Ether Price Holds Amid DAO Debacle

Bitcoin and ether prices rode a rollercoaster during the week ending 24th June, a period defined by the UK's vote to leave the European Union.

Posted on 24 June 2016 | 4:30 pm

Blockchain Startup Everledger Joins MasterCard Incubator

MasterCard has selected diamond provenance startup Everledger for its summer startup incubator. One of seven companies to join the 2016 Start Path Global program, Everledger will receive assistance from MasterCard to scale its operations and enter new markets. The startups will begin the program by working with MasterCard during a week-long immersion in London, followed […]

Posted on 24 June 2016 | 11:59 am

31 Chinese Firms Form Financial Blockchain Consortium

A group of technology and finance companies in Shenzhen, China, have launched a new blockchain consortium.

Posted on 24 June 2016 | 10:50 am

BNP Paribas Lab to Focus on Distributed Ledgers

BNP Paribas Securities Services has announced a new innovation lab that will focus on big data and distributed ledger tech.

Posted on 24 June 2016 | 8:50 am

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The DAO Shows Blockchain Can't Code Away Social Problems

CoinDesk columnist Bailey Reutzel takes aim at what she believes are the social misconceptions that led to the debacle at The DAO.

Posted on 24 June 2016 | 6:30 am

Survey: Blockchain Capital Markets Spending to Reach $1 Billion in 2016

A new survey estimates that finance companies will invest as much as $1bn on blockchain initiatives related to capital markets in 2016.

Posted on 23 June 2016 | 2:34 pm

Ex-Ethereum CEO: Foundation Should Not Intervene to Save The DAO

Ethereum's first CEO said he believes the current situation at The DAO was fueled by "greed and arrogance".

Posted on 23 June 2016 | 1:58 pm

Dutch Central Bank Presents Results of Cryptocurrency Experiments

A senior official for the central bank of The Netherlands recently presented the results of two internal cryptocurrency tests.

Posted on 23 June 2016 | 11:59 am

Toyota Financial Services Joins R3 Consortium

Toyota joins R3CEV, making it the first member of the auto industry to join the distributed ledger consortium.

Posted on 23 June 2016 | 9:23 am

Poland to Explore Blockchain Tech in Government Digitization Effort

Poland's Ministry of Digital Affairs is taking steps that may find it promoting digital currencies and blockchain technology.

Posted on 23 June 2016 | 8:05 am

Mizuho Tests Digital Currency-Powered Settlement

Built in partnership with IBM Mizuho Financial Group announced today that it has tested the use of a token-based blockchain settlement system.

Posted on 23 June 2016 | 6:43 am

Colu Raises $9.6 Million to Promote Blockchain-Based Local Currencies

Tel Aviv-based blockchain startup Colu has raised $9.6m amid a shift in its business model to local currency issuance.

Posted on 22 June 2016 | 10:59 pm

Blockchain Startup Circle Raises $60 Million Amid China Expansion

Blockchain-based social payments app Circle has raised $60m in new funding as it expands to China.

Posted on 22 June 2016 | 5:23 pm

BTCC's Bobby Lee: Chinese Capital Controls Not a Factor in Recent Bitcoin Price Rise

As the price of Bitcoin continues its wild ride, expert observers weigh in on the reasons: China, halving, Japan, Brexit ‒ all seen as...

The post BTCC's Bobby Lee: Chinese Capital Controls Not a Factor in Recent Bitcoin Price Rise appeared first on Bitcoin Magazine.

Posted on

Sweden Conducts Trials of a Blockchain Smart Contracts Technology for Land Registry 

The Swedish National Land Survey (Lantmäteriet) recently announced that it is conducting trials of a system that uses blockchain technology...

The post Sweden Conducts Trials of a Blockchain Smart Contracts Technology for Land Registry  appeared first on Bitcoin Magazine.

Posted on

A Legal Analysis of the DAO Exploit and Possible Investor Rights

Important Disclaimer: NOTHING HEREIN IS INTENDED TO BE UNDERSTOOD AS LEGAL ADVICE. CONSULT A LAWYER QUALIFIED TO PROVIDE LEGAL ADVICE IN...

The post A Legal Analysis of the DAO Exploit and Possible Investor Rights appeared first on Bitcoin Magazine.

Posted on

Bank of England Launches Fintech Accelerator, Partners With PwC on Distributed Ledger Project

In a speech prepared for the Lord Mayor’s Banquet for Bankers and Merchants of the City of London at the Mansion House, Mark Carney,...

The post Bank of England Launches Fintech Accelerator, Partners With PwC on Distributed Ledger Project appeared first on Bitcoin Magazine.

Posted on

The DAO Was Not Hacked | Mt. Gox 2.0

Editor's note: This is a guest post by Steve Patterson and the opinions offered are those of the author alone. Until recently, I’ve remained...

The post The DAO Was Not Hacked | Mt. Gox 2.0 appeared first on Bitcoin Magazine.

Posted on

What Are the Use Cases for Private Blockchains? The Experts Weigh In

Many people argue that private blockchains, run by private firms, are useless, since they make users dependent upon a third party ‒ the firm...

The post What Are the Use Cases for Private Blockchains? The Experts Weigh In appeared first on Bitcoin Magazine.

Posted on

Caricoin Launches Bitcoin Wallet for the Financially Underserved in the Caribbean

U.K.-based Bitcoin startup Caricoin recently announced the launch of a Bitcoin wallet for the Caribbean. The wallet has been developed in...

The post Caricoin Launches Bitcoin Wallet for the Financially Underserved in the Caribbean appeared first on Bitcoin Magazine.

Posted on

The Ethereum Community Debates Soft Fork to Blacklist Funds in Wake of $50M DAO Heist

The DAO, a decentralized autonomous organization built on the Ethereum blockchain, has been the subject of a continued hack today that has...

The post The Ethereum Community Debates Soft Fork to Blacklist Funds in Wake of $50M DAO Heist appeared first on Bitcoin Magazine.

Posted on

Understanding the Lightning Network, Part 3: Completing the Puzzle and Closing the Channel

The Lightning Network is probably the most highly anticipated technological innovation that will be deployed on top of Bitcoin. The payment...

The post Understanding the Lightning Network, Part 3: Completing the Puzzle and Closing the Channel appeared first on Bitcoin Magazine.

Posted on

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June 25, 2016 -
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