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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

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 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

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Bitcoin Trading Bots

There have been a wide variety of situations in which algorithmic trading programs have proven to be beneficial for investors. However, investors who only trade a cryptocurrency can also take advantage of bitcoin trading bots. Through bitcoin bot trading, traders can become more flexible and prompt, minimize errors and process information more rapidly. At this… Read More »

Posted on 8 November 2016 | 6:20 pm

Bitcoin is approaching new highs for the year because of India's demonetization - Quartz


Quartz

Bitcoin is approaching new highs for the year because of India's demonetization
Quartz
India's interest in bitcoin has a different motivation. The government has been pushing citizens toward a cashless economy because a physical currency is expensive to maintain and can serve as fuel for a black market. With the removal of the notes from ...

and more »

Posted on 9 December 2016 | 6:04 pm

Bitcoin Tracker: An Outrageous Prediction - PYMNTS.com


PYMNTS.com

Bitcoin Tracker: An Outrageous Prediction
PYMNTS.com
The second week of December saw bitcoin sit pretty solidly in the 750s and 760s after last week's high point of $777 — on trend for relatively stable (by cryptocurrency standards) growth upward since dipping down into the 550s this past summer. At the ...
Bitcoin Can Rise to $2000 in January 2017CoinTelegraph
Bitcoin Is Expected to Surge 165% Thanks to Donald TrumpFortune
Bitcoin predicted to rise 165% to $2000 in 2017 driven by Trump's 'spending binge' and dollar rallyCNBC
Money Magazine -CoinDesk -newsBTC -S3 amazonaws com
all 50 news articles »

Posted on 9 December 2016 | 9:31 am

Bitcoin hits highest levels in almost three years - Reuters


Reuters

Bitcoin hits highest levels in almost three years
Reuters
Bitcoin is a cash alternative that can be used for moving money across the globe quickly and anonymously with no need for a central authority to process transactions. It has climbed around 80 percent so far this year, far exceeding its 35 percent rise ...

and more »

Posted on 9 December 2016 | 8:46 am

FinTech 3.0: Blockchain Overrated, Bitcoin Underrated - CoinTelegraph


CoinTelegraph

FinTech 3.0: Blockchain Overrated, Bitcoin Underrated
CoinTelegraph
One of the speakers at the event, BnkToTheFuture.com CEO Simon Dixon, has the goal of correcting an impression towards Blockchain and Bitcoin as he acknowledges the South Korean Bitcoin community. He describes them as having a decent community ...

Posted on 9 December 2016 | 8:38 am

Why Bitcoin Could Be More Important Than The Internet - Nasdaq


Nasdaq

Why Bitcoin Could Be More Important Than The Internet
Nasdaq
Bitcoin was one of the biggest leaps in technology since the inception of the Internet, hailing the new era of digital money, disrupting industries and financial institutions as well as introducing a new social paradigm where transparency and trust are ...
The Future of Bitcoin Is Not as a Digital Currency | WIREDWIRED
DA's Office In Pennsylvania Pays Ransom In BitcoinPYMNTS.com
Inside 'Spark': Circle's New Bitcoin-Powered Smart Contract Platform ...CoinDesk
Bitcoin Magazine -Finance Magnates -newsBTC -Wall Street Journal
all 19 news articles »

Posted on 9 December 2016 | 7:52 am

Want To Follow Your Donation In Real Time? Bitcoin Non-Profit BitGive Launches Donation Tracker - Forbes


Forbes

Want To Follow Your Donation In Real Time? Bitcoin Non-Profit BitGive Launches Donation Tracker
Forbes
The blockchain technology that underpins the cryptocurrency bitcoin has often been described as a potential solution to industries that suffer from fraud or a lack of transparency and trust. BitGive, the first Bitcoin non-profit (registered as a 501(c ...

Posted on 8 December 2016 | 8:00 am

Prosecutors Pay Bitcoin Ransom, Yet IRS Targets Coinbase Data - Forbes


Forbes

Prosecutors Pay Bitcoin Ransom, Yet IRS Targets Coinbase Data
Forbes
IRS wants to know who is using Bitcoin and in what amounts. So much for anonymity. Meanwhile, even the government seems to be paying Bitcoin ransom.

and more »

Posted on 8 December 2016 | 12:30 am

Why This Well-Funded Startup Just Gave Up on Bitcoin - Fortune


Fortune

Why This Well-Funded Startup Just Gave Up on Bitcoin
Fortune
Now, Circle is bailing on bitcoin altogether. The company announced on Wednesday it is focusing on other things, and that its bitcoin customers can cash out or else transfer their accounts to another company, Coinbase, if they wish to keep buying and ...
Bitcoin Powerhouse Will Pull the Plug on BitcoinWall Street Journal
Payments start-up Circle moves away from bitcoin businessReuters
Circle removes ability to buy and sell Bitcoin as it doubles down on mobile paymentsTechCrunch
CoinDesk -CoinTelegraph
all 17 news articles »

Posted on 7 December 2016 | 7:42 am

US Commerce Department Weighs Blockchain at Washington Event

An event held in Washington, DC, today saw the US Commerce Department speak with blockchain startup executives and technology enthusiasts.

Source

Posted on 9 December 2016 | 2:01 pm

Why Smart Contracts Will Need 'Smart Term Sheets' to Match

In the era of smart contracts, lawyers will still have plenty of work ensuring that the devs get the code right, legal experts argue.

Source

Posted on 9 December 2016 | 7:36 am

'Sovereign' Blockchains Will Change Monetary Policy, Bank Paper Argues

A new research paper published by South Africa’s FirstRand Bank argues blockchains could revolutionize central banking.

Source

Posted on 9 December 2016 | 6:34 am

Smart Contract Issues Set Off 'Alarm Bells', Says US Regulator

Representatives of two US regulators have explained how their agencies are approaching the rapidly growing smart contracts industry.

Source

Posted on 9 December 2016 | 5:00 am

Toward Metropolis: After Blockchain Repairs, Ethereum Looks Ahead

After months of focusing on network upgrades, ethereum developers are shifting attention toward their next major software release.

Source

Posted on 8 December 2016 | 12:30 pm

Blockchain Voting Project Wins $10k Kapersky Labs Prize

A blockchain voting project netted $10,000 in a recent contest organized by cybersecurity firm Kapersky Labs.

Source

Posted on 8 December 2016 | 10:44 am

Japan Could Drop 8% Bitcoin Sales Tax By Mid-2017

Japan’s plans to drop an 8% sales tax on bitcoin purchases could begin as early as July 2017.

Source

Posted on 8 December 2016 | 9:20 am

Relax Lawyers, Nick Szabo Says Smart Contracts Won't Kill Jobs

Smart contract inventor Nick Szabo has said lawyers' roles are "complimentary" to the role of smart contracts.

Source

Posted on 8 December 2016 | 6:55 am

Mizuho Bank Weighs Digital Currency Services Offering

Mizuho Bank is weighing possible client-facing services after testing a prototype digital currency in partnership with IBM Japan.

Source

Posted on 8 December 2016 | 6:07 am

Bitcoin's Price is Inching Back Up Toward its 2016 High

Bitcoin prices moved back toward annual highs on 7th December, coming within 2% of the $781.31 it reached in June 2016.

Source

Posted on 8 December 2016 | 5:00 am

What the Blockchain Industry is Saying About Circle's Bitcoin Shift

Industry observers, startup execs and researchers weigh in on Circle's shift away from its bitcoin exchange service.

Source

Posted on 7 December 2016 | 3:15 pm

Chain Reveals 'Ivy' Smart Contract Language in First Public Demo

Venture-backed startup Chain gives first ever public demo of its Ivy smart contract language.

Source

Posted on 7 December 2016 | 12:45 pm

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Is Your Blockchain Token a Security? Coinbase Leads Legal Framework Launch

Coinbase, Coin Center and Union Square Ventures have released new research into the distributed application business model.

Source

Posted on 7 December 2016 | 6:59 am

Circle Cuts Bitcoin Buying and Selling in Product Pivot

Circle Internet Financial has announced it will no longer allow customers to buy and sell bitcoin.

Source

Posted on 7 December 2016 | 5:28 am

'Big Four' Firm Deloitte Invests in First Blockchain Startup

Professional services firm Deloitte invested in its first blockchain startup today, revealing it is backing SETL.

Source

Posted on 6 December 2016 | 6:08 pm

Spells of Genesis Soft Launch Pairs Enhanced Gameplay With Advantages of Blockchain Tech

The world of gaming is changing, with many games now integrating digital currencies into their platforms using the blockchain. One example...

The post Spells of Genesis Soft Launch Pairs Enhanced Gameplay With Advantages of Blockchain Tech appeared first on Bitcoin Magazine.

Posted on

Book of Orbs Wallet Promotes “True Ownership” of In-Game Assets on the Blockchain

Trading card games and the digital world are becoming a huge market for game players searching for a place to legally trade their in-game...

The post Book of Orbs Wallet Promotes “True Ownership” of In-Game Assets on the Blockchain appeared first on Bitcoin Magazine.

Posted on

Beyond Bitcoin: Circle Pivots to Next-Gen Blockchain-Enabled Social Payments

The Wall Street Journal posted a story on December 7, 2017 titled “Bitcoin Powerhouse Will Pull the Plug on Bitcoin.” In fact, “bitcoin...

The post Beyond Bitcoin: Circle Pivots to Next-Gen Blockchain-Enabled Social Payments appeared first on Bitcoin Magazine.

Posted on

Distributed: Markets Event to Convene Blockchain Payments, FinServices Innovators in Atlanta

In the midst of white hot global competition for blockchain innovation and investment, the capital of financial services and fintech...

The post Distributed: Markets Event to Convene Blockchain Payments, FinServices Innovators in Atlanta appeared first on Bitcoin Magazine.

Posted on

Cash Still Trumps Mobile Payments and Bitcoin in Africa

According to the World Bank’s Global Financial Inclusion Index, Africa has the highest mobile money adoption rate in the world. Worldwide,...

The post Cash Still Trumps Mobile Payments and Bitcoin in Africa appeared first on Bitcoin Magazine.

Posted on

What to Do if Your Bitcoin Transaction Gets "Stuck"

The number of transactions on the Bitcoin network has steadily increased over the years. This means more blocks are filling up. And as not...

The post What to Do if Your Bitcoin Transaction Gets "Stuck" appeared first on Bitcoin Magazine.

Posted on

EU State-By-State Regulation of Bitcoin, Digital Currencies: What Are the Implications?

The European Commission’s recent decision to delay new anti-money laundering legislation by six-months is the latest in a string of new...

The post EU State-By-State Regulation of Bitcoin, Digital Currencies: What Are the Implications? appeared first on Bitcoin Magazine.

Posted on

Ross Ulbricht Reflects on Life in Prison; New Proof of Evidence-Tampering by Law Enforcement

Today, in a breaking development, Ross Ulbricht’s defense team has revealed that on November 18, 2013, someone logged into accounts on the...

The post Ross Ulbricht Reflects on Life in Prison; New Proof of Evidence-Tampering by Law Enforcement appeared first on Bitcoin Magazine.

Posted on

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