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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 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 not money, Miami judge rules in dismissing laundering charges - Miami Herald


Miami Herald

Bitcoin not money, Miami judge rules in dismissing laundering charges
Miami Herald
Bitcoin does not actually qualify as money, a Miami-Dade judge ruled Monday in throwing out criminal charges against a Miami Beach man charged with illegally selling the virtual currency. Monday's decision came in a case that is being closely watched ...
​Florida judge: Bitcoin not same as money in criminal caseCBS News
Bitcoin Isn't Money, Florida Judge Rules in Laundering CaseCryptoCoinsNews
Miami judge: Bitcoin isn't moneyWTSP.com

all 4 news articles »

Posted on 25 July 2016 | 8:22 am

New Zealand Authority Posts Warning About Bitcoin Exchange IGOT - CryptoCoinsNews


CryptoCoinsNews

New Zealand Authority Posts Warning About Bitcoin Exchange IGOT
CryptoCoinsNews
The Financial Markets Authority (FMA) of New Zealand has noted it has received complaints from New Zealand based clients of igot, an Australia-based bitcoin exchange, about igot's failure to repay clients in accordance with their instructions. Igot is ...
New Zealand's FMA warns of Igot Bitcoin exchange, it owes its customers “hundreds of thousands of dollars”SMN Weekly (blog)

all 2 news articles »

Posted on 25 July 2016 | 7:52 am

German Media Falsely Links Bitcoin and Darknet To Munich Shooting - newsBTC


newsBTC

German Media Falsely Links Bitcoin and Darknet To Munich Shooting
newsBTC
Bitcoin is once again making headline news related to a terror attack. According to German media outlets, the weapon used in the Munich shooting has been purchased from the darknet. As is to be expected, this person allegedly paid in Bitcoin for this ...
German Media Links Bitcoin to Weapon Used in Terror AttackFinance Magnates
Bitcoin linked to Munich shooting by German mediaIBS Intelligence (blog) (subscription)

all 3 news articles »

Posted on 25 July 2016 | 7:00 am

Financial Analyst/Trader: Big Investors Moving To Bitcoin, Central Banks' Days Are Numbered - CryptoCoinsNews


CryptoCoinsNews

Financial Analyst/Trader: Big Investors Moving To Bitcoin, Central Banks' Days Are Numbered
CryptoCoinsNews
Institutional investors have become the largest group of bitcoin buyers because of the negative interest rate policy of central banks and the rising bitcoin price, according to Chris Vermeulen, founder of AlgoTrades Systems, a market technical analyst ...

Posted on 25 July 2016 | 6:19 am

Gibraltar Stock Exchange adds Bitcoin ETI - CryptoCoinsNews


CryptoCoinsNews

Gibraltar Stock Exchange adds Bitcoin ETI
CryptoCoinsNews
BitcoinETI, an asset-backed Exchange Traded Instrument that exclusively invested in bitcoin will be included in the Gibraltar Stock Exchange under the ticker BTCETI. In an announcement today, the Gibraltar Stock Exchange (GSX) has revealed its addition ...
Europe's first regulated bitcoin product launched in GibraltarTimes of India
Gibraltar Stock Exchange To Introduce Bitcoin Instrument, BitcoinETIFinance Magnates
Gibraltar Stock Exchange Introduces Bitcoin Backed ETInewsBTC
Finextra (press release) -LeapRate -Daily Mail
all 10 news articles »

Posted on 25 July 2016 | 5:33 am

Technical Analysis: Bears Taking Hold of Bitcoin Price - Bitcoinist.net


Bitcoinist.net

Technical Analysis: Bears Taking Hold of Bitcoin Price
Bitcoinist.net
This situation is about to end, though, with a bear movement that should test the support in the $600 zone. The main pattern that has recovered this level, which was originally lost in 2014, is over. Another cycle is starting, and the bitcoin price has ...

Posted on 25 July 2016 | 3:15 am

Bitcoin Network Hashrate Shows First Big Dip Since Halving - The Merkle


The Merkle

Bitcoin Network Hashrate Shows First Big Dip Since Halving
The Merkle
An interesting change is taking place in the Bitcoin mining ecosystem right now. Ever since the halving occurred, there has been a question as to whether or not the number of miners would start to diminish. While it is still early to tell, there has ...

Posted on 25 July 2016 | 1:37 am

As Mining Expands, Will Electricity Consumption Constrain Bitcoin? - CryptoCoinsNews


CryptoCoinsNews

As Mining Expands, Will Electricity Consumption Constrain Bitcoin?
CryptoCoinsNews
One reason the exact amount of electricity used to power bitcoin is uncertain is that the miners that produce bitcoin maintain a low profile. Bitcoin mining centers are big datacenters that are dispersed globally. The datacenters are clustered in ...

Posted on 24 July 2016 | 11:05 pm

Gibraltar Stock Exchange to List Bitcoin Investment Product

A private stock exchange based in Gibraltar is adding an exchange traded instrument (ETI) invested in bitcoin.

Posted on 25 July 2016 | 10:34 am

PwC FinTech Lead Joins Blockchain Startup Libra

Blockchain startup Libra has announced new hires it says will help it position itself as the "Microsoft Office for blockchain".

Posted on 25 July 2016 | 6:11 am

Why the Buy-Side Should Get Off the Blockchain Sidelines

In a new Op-Ed, CoinDesk contributor Sid Kalla discusses opportunities for buy-side firms in the blockchain industry.

Posted on 24 July 2016 | 8:50 am

New Digital Currency Steem Provokes Doubt of Market Observers

While steemit has become the third-largest digital currency by market cap, some market observers have expressed doubts about its sustainability.

Posted on 23 July 2016 | 7:32 am

Bitcoin: The Trust Anchor in a Sea of Blockchains

Bitcoin software engineer Jameson Lopp takes a deep and enlightening dive into the unique attributes that make up blockchains.

Posted on 23 July 2016 | 6:16 am

Ether Withdrawals Slow as Millions in DAO Funds Remain Unclaimed

Millions in ether remain unclaimed from an account established for the purpose of allowing original investors in The DAO to get it back.

Posted on 22 July 2016 | 3:03 pm

RBI Calls on Indian Banks to Explore Blockchain

A member of India's central bank has encouraged further collaboration between banks and startups to advance blockchain tech.

Posted on 22 July 2016 | 12:00 pm

So, You Want to Use a Blockchain for That?

Is blockchain data 'true'? Blockchain consultant Antony Lewis breaks down these questions and more in a new opinion piece.

Posted on 22 July 2016 | 8:57 am

Bitcoin Ponzi Scheme Operator Sentenced to 18 Months in Prison

The first federal securities fraud case involving a bitcoin investment scheme has ended with an 18-month jail sentence.

Posted on 21 July 2016 | 5:38 pm

Why Big Bank Consultants Were Watching Ethereum's Hard Fork

CoinDesk discusses the recent ethereum hard fork with members of major consulting firms with a blockchain specialty.

Posted on 21 July 2016 | 5:01 pm

Bitcoin's 'Nervous System' Gets an Upgrade With FIBRE Network

A long-running effort to boost block propagation times in the bitcoin network is getting an upgrade.

Posted on 21 July 2016 | 2:19 pm

Coinbase Wallet Users Can Now Buy and Sell Ether

Digital currency exchange Coinbase has added support for ethereum, letting consumers buy, sell, send and store ether in their Coinbase accounts.

Posted on 21 July 2016 | 10:18 am

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After Rising 1,000%, Uncertainty Clouds Ether's Price Projections

How will ethereum's hard fork affect its price outlook? Traders and market makers weigh in.

Posted on 21 July 2016 | 8:25 am

Bain & Co: Banks Risk Missing Out on Digital Currency

Consulting firm Bain & Company believes banks are at risk of missing out on the adoption of digital currencies – and the revenue that might come with it. The Boston-based firm has published research that argues financial firms are effectively holding themselves back amid an environment of regulatory and technological uncertainty. The consultancy's report specifically targets international payments, stating […]

Posted on 21 July 2016 | 6:19 am

DAO Critic Defends Ethereum Hard Fork as 'Rite of Passage'

The Cornell professor who emerged as one of The DAO's leading critics believes ethereum's hard fork is a sign of maturity.

Posted on 20 July 2016 | 3:30 pm

Nearly Half of All DAO Funds Withdrawn After Ethereum Hard Fork

Forty-three percent, or nearly half of all funds, associated with The DAO have now been withdrawn by former project investors.

Posted on 20 July 2016 | 2:25 pm

Petition Pushes CFTC to Clarify Rules on Blockchain 'Delivery'

A US law firm has filed a petition that argues the CFTC needs to provide clarity on the definition of "delivery" as it pertains to blockchain.

Posted on 20 July 2016 | 12:53 pm

IBM Launches Blockchain Cloud Services on High Security Server, LinuxONE

IBM has announced a cloud service for organizations requiring a secure environment for blockchain networks. According to the company, the...

The post IBM Launches Blockchain Cloud Services on High Security Server, LinuxONE appeared first on Bitcoin Magazine.

Posted on

Rejecting Today’s Hard Fork, the Ethereum Classic Project Continues on the Original Chain: Here's Why

Ethereum hard forked today. As per what seemed to be the popular demand, the protocol rules have been updated incompatibly with the existing...

The post Rejecting Today’s Hard Fork, the Ethereum Classic Project Continues on the Original Chain: Here's Why appeared first on Bitcoin Magazine.

Posted on

SAP and Ripple Collaborate on Cross-Border Payments Trial Using Blockchain Technology

SAP is venturing into blockchain technology applications. The German multinational company, a market leader in enterprise application...

The post SAP and Ripple Collaborate on Cross-Border Payments Trial Using Blockchain Technology appeared first on Bitcoin Magazine.

Posted on

How Bitcoin's Second Halving Came and Went, and Not Much Happened

Bitcoin's block reward halved for the second time last week, from 25 to 12.5 bitcoins. The event, commonly referred to as “the halving” (or...

The post How Bitcoin's Second Halving Came and Went, and Not Much Happened appeared first on Bitcoin Magazine.

Posted on

Funderbeam Launches Blockchain-Based Trading and Investment Platform for Startups

A year ago, Skype co-founder Jaan Tallinn and Funderbeam co-founder, Urmas Peiker, had a vision of a blockchain-trading platform designed...

The post Funderbeam Launches Blockchain-Based Trading and Investment Platform for Startups appeared first on Bitcoin Magazine.

Posted on

Dutch Bitcoin Companies Start Initiative to Adjust Proposed European Union AML-Directive

The European Commission published a draft directive last week proposing to amend existing anti-money laundering rules to include virtual...

The post Dutch Bitcoin Companies Start Initiative to Adjust Proposed European Union AML-Directive appeared first on Bitcoin Magazine.

Posted on

New Exchange-Traded Product SolidX Bitcoin Trust to Launch on NYSE Arca

Blockchain technology company SolidX Partners has announced that it has filed a registration statement with the Securities and Exchange...

The post New Exchange-Traded Product SolidX Bitcoin Trust to Launch on NYSE Arca appeared first on Bitcoin Magazine.

Posted on

Why Do Some Bitcoin Mining Pools Mine Empty Blocks?

Blocks on the Bitcoin blockchain have a maximum size of 1 MB. Proof of work difficulty is calibrated so 1 block is created every 10 minutes....

The post Why Do Some Bitcoin Mining Pools Mine Empty Blocks? appeared first on Bitcoin Magazine.

Posted on

A Lawyer’s Perspective: Can Smart Contracts Exist Outside the Legal Structure?

Editor's Note: This is a guest post by Richard Howlett, Solicitor at Selachii LLP London. There can be no debate that technological...

The post A Lawyer’s Perspective: Can Smart Contracts Exist Outside the Legal Structure? appeared first on Bitcoin Magazine.

Posted on

July 25, 2016 -
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