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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

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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Bank of Canada Paper: Bitcoin Adoption Could Stabilize Price - CoinDesk


Bank of Canada Paper: Bitcoin Adoption Could Stabilize Price
CoinDesk
The bank has explored the impact of the technology in the past, with one senior official speculating in a speech last November that bitcoin could lead to "a new dynamic in the global monetary order" in which central banks "struggle" to carry out policy ...

Posted on 31 August 2016 | 10:35 am

Counterparty to Convert Card Game Players into Bitcoin Users - CoinTelegraph


CoinTelegraph

Counterparty to Convert Card Game Players into Bitcoin Users
CoinTelegraph
Counterparty, the peer-to-peer platform built on the Bitcoin Blockchain, enters the non-Bitcoin world by teaming up with the physical card game Force of Will as it prepares to launch its first digital game assets. The popular Japanese card game, Force ...

Posted on 31 August 2016 | 8:37 am

Untraceable Cryptocurrency Monero is Booming - CryptoCoinsNews


CryptoCoinsNews

Untraceable Cryptocurrency Monero is Booming
CryptoCoinsNews
Another factor that could have contributed to the rise is the growing efforts to decriminalize Bitcoin use which may have shifted attention from the top cryptocurrency. A group of researchers two weeks ago announced the creation of an analysis tool for ...
Monero: the digital currency that is more Bitcoin, than BitcoinInformation Age

all 2 news articles »

Posted on 31 August 2016 | 8:20 am

What Will Be Bitcoin's Next Big Price Event? - CoinDesk


CoinDesk

What Will Be Bitcoin's Next Big Price Event?
CoinDesk
But given bitcoin's historical volatility, analysts are already beginning to question what may trigger bitcoin's next big price swing. As we head into the fall and winter months, a diverse set of theories are beginning to emerge about conditions that ...

Posted on 31 August 2016 | 6:13 am

The Dubai entrepreneur banking on Bitcoin's success - The National


The National

The Dubai entrepreneur banking on Bitcoin's success
The National
Ola Doudin, the Jordanian founder of the Dubai-based start-up BitOasis, bought her first Bitcoin three years ago. She was living in Amman, having quit her job in London's finance industry in the aftermath of the 2008 global financial crash. "I was 23 ...

and more »

Posted on 31 August 2016 | 3:26 am

Bitcoin Price Technical Analysis for 08/31/2016 – Near a Ceiling - newsBTC


newsBTC

Bitcoin Price Technical Analysis for 08/31/2016 – Near a Ceiling
newsBTC
Bitcoin price is still trending lower on its short-term time frames, moving inside a descending channel on its 1-hour chart. Price is on a climb but might be due for a selloff soon since it is already near the ceiling at the channel resistance. A short ...

and more »

Posted on 30 August 2016 | 9:29 pm

How bitcoin was brought down by its own potential—and the banks - Quartz


Quartz

How bitcoin was brought down by its own potential—and the banks
Quartz
The best that can be said about bitcoin right now is that it still exists. Split by internal divisions while its most useful aspects are harvested by the very financial behemoths it once hoped to destroy, bitcoin is fast becoming the tech world's ...
Peaks, troughs and hacking: Why would anyone invest in bitcoin?CNBC
Everything you need to know about BitcoinLas Vegas Review-Journal
Tonybet Partners With SpectroCoin to Offer Bitcoin as a Banking MethodPokerNews.com
CryptoCoinsNews -Pocket-lint.com
all 14 news articles »

Posted on 30 August 2016 | 7:49 am

Bitcoin 0.13.0 May Change Bitcoin Forever - CoinTelegraph


CoinTelegraph

Bitcoin 0.13.0 May Change Bitcoin Forever
CoinTelegraph
Bitcoin Core is also going to be upgraded and hopefully things will be better for the cryptocurrency after it comes out. The new version is 0.13.0, and this release brings several new features, but the chief among them is Segregated Witness (Segwit ...

Posted on 30 August 2016 | 7:05 am

Risk of Bitcoin Hacks and Losses Is Very Real - Fortune


Fortune

Risk of Bitcoin Hacks and Losses Is Very Real
Fortune
When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cyber theft—the second largest by an exchange since hackers took roughly ...

and more »

Posted on 29 August 2016 | 5:57 am

Deloitte Spin-Off Nuco Partners on Blockchain IoT Project

A distributed ledger startup spun out of Deloitte has announced its first partnership with an Internet of Things company.

Posted on 31 August 2016 | 12:10 pm

Bank of Canada Paper: Bitcoin Adoption Could Stabilize Price

The Bank of Canada has published a new staff working paper on the valuation of digital currencies like bitcoin.

Posted on 31 August 2016 | 10:30 am

Japan Exchange Group: Distributed Ledgers 'Better' With Third Parties

A new report from Japan Exchange Group (JPX) contends that distributed ledgers will work 'better' if third parties are involved.

Posted on 31 August 2016 | 7:53 am

What Will Be Bitcoin's Next Big Price Event?

While bitcoin prices have enjoyed relative calm in recent weeks, analysts believe new forces could soon fuel sharp price gains.

Posted on 31 August 2016 | 6:06 am

US Health Department Selects 15 Blockchain Research Contest Winners

The US government's Office of the National Coordinator for Health IT (ONC) has announced the winners of a blockchain research paper contest.

Posted on 30 August 2016 | 9:25 am

Blockchain Startup Symbiont Adds Ex-Morgan Stanley Director

Former Morgan Stanley managing director Caitlin Long has joined blockchain startup Symbiont as president and chairman of the board.

Posted on 30 August 2016 | 7:05 am

'Settlement Coin' is All About Banks, Not Blockchain

The design of a high-profile project should give the public pause about how banks are seeking to apply blockchain, analyst Frances Coppola argues.

Posted on 30 August 2016 | 6:05 am

EU Parliament Rep Seeks €1 Million for Blockchain Research

A member of the European Parliament is proposing $1.1m be spent on a task force focused on studying digital currencies and blockchain.

Posted on 30 August 2016 | 5:45 am

Bitcoin Tipping Platform Zapchain to Shut Down

Bitcoin-based social network Zapchain has announced it will close effective 31st August.

Posted on 29 August 2016 | 8:13 am

Singapore Central Bank Proposes New Rules for Bitcoin Startups

Singapore's central bank has proposed a new regulatory framework for payments that could cover digital currency exchanges.

Posted on 29 August 2016 | 6:40 am

Advertise with Anonymous Ads

Could the Blockchain End Bureaucracy?

In this OpEd, Reform researcher Alexander Hitchcock discusses how blockchain could lead to big savings in civil services.

Posted on 29 August 2016 | 5:30 am

Building the Foundations for a Scalable Ethereum Community

Do events like The DAO collapse prove blockchains need formal governance? Blockchain analyst Josh Stark argues that it's too early to tell.

Posted on 28 August 2016 | 9:22 am

Sorry Blockchain, Any Joe Schmoe Shouldn’t Be Able to Start a Bank

Safety issues with some new, disruptive business models highlight why regulations exist. Surely the same goes for firms that hold our money.

Posted on 28 August 2016 | 8:04 am

Advertise with Anonymous Ads

Code is Law? Not Quite Yet

Should code be law? In this opinion piece, Lukas Abegg argues there are many scientific hurdles to cross before this is likely to be possible.

Posted on 27 August 2016 | 9:03 am

Wall Street Veteran Caitlin Long Joins Symbiont; Touts “Better Technology”

In 2015 Bitcoin Magazine covered the launch of the fintech company Symbiont, focused on fostering a symbiotic relationship between...

The post Wall Street Veteran Caitlin Long Joins Symbiont; Touts “Better Technology” appeared first on Bitcoin Magazine.

Posted on

Yours Wants to Take Bitcoin Mainstream by Targeting Non-Bitcoin Communities

Former Reddit Cryptocurrency Engineer, Ryan X. Charles, is currently working on a new, bitcoin-powered social network, but he isn’t focused...

The post Yours Wants to Take Bitcoin Mainstream by Targeting Non-Bitcoin Communities appeared first on Bitcoin Magazine.

Posted on

Zcash Creator on the Upcoming Zcash Launch, Privacy and the Unfinished Internet Revolution

In January, Bitcoin Magazine reported that a public alpha technology preview of Zcash, “a decentralized and open-source cryptocurrency that...

The post Zcash Creator on the Upcoming Zcash Launch, Privacy and the Unfinished Internet Revolution appeared first on Bitcoin Magazine.

Posted on

Millions of Dollars Worth of ETC May Soon Be Dumped on the Market

Ethereum Classic’s ability to gain a somewhat sizeable market share in terms of price and network hashrate has been surprising to many in...

The post Millions of Dollars Worth of ETC May Soon Be Dumped on the Market appeared first on Bitcoin Magazine.

Posted on

Antminer's New R4 Model Designed to Be Used in Homes, Decrease Centralization

Once upon a time, at the beginning of Bitcoin’s history, it was possible to mine bitcoin at home using a PC’s CPU. Later, miners had to...

The post Antminer's New R4 Model Designed to Be Used in Homes, Decrease Centralization appeared first on Bitcoin Magazine.

Posted on

Darknet Customers Are Demanding Bitcoin Alternative Monero

The dark web has started to embrace Monero, a privacy-conscious alternative to Bitcoin. First, the operators of SIGAINT, a commonly used...

The post Darknet Customers Are Demanding Bitcoin Alternative Monero appeared first on Bitcoin Magazine.

Posted on

Chronicled Introduces New Ethereum-Powered IoT Open Registry

Chronicled, a blockchain startup headquartered in San Francisco, has introduced an Ethereum blockchain-based physical asset verification...

The post Chronicled Introduces New Ethereum-Powered IoT Open Registry appeared first on Bitcoin Magazine.

Posted on

Sandia National Laboratories Joins the War on Bitcoin Anonymity

The Sandia National Laboratories, a major United States Department of Energy research and development facility, with campuses in...

The post Sandia National Laboratories Joins the War on Bitcoin Anonymity appeared first on Bitcoin Magazine.

Posted on

August 31, 2016 -
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