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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

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

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

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

The Bitcoin Foundation Wants a Comeback, But Can it Be Saved? - CoinDesk


CoinDesk

The Bitcoin Foundation Wants a Comeback, But Can it Be Saved?
CoinDesk
Once one of the most well-known public advocates for bitcoin, the Bitcoin Foundation has faced a long series of obstacles in its bid to remain relevant to the technology's community. Thus far this year, the industry's oldest trade organization has ...

Posted on 24 May 2016 | 12:36 pm

Bitcoin Price Watch; Gap Up Alert! - newsBTC


newsBTC

Bitcoin Price Watch; Gap Up Alert!
newsBTC
We're coming to the end of the day on Tuesday out of Europe and it's time to take a second look at the bitcoin price in an attempt to figure out how best to approach the market this evening, during the US afternoon session and beyond into the Asian open.

and more »

Posted on 24 May 2016 | 9:17 am

UAE's First Bitcoin Startup Shuts Down - CoinDesk


UAE's First Bitcoin Startup Shuts Down
CoinDesk
Bitcoin payments firm YellowPay, by some accounts the first industry startup in the Middle East, has shut down for undisclosed reasons according to members of its founding team. Forming in 2014, YellowPay had sought to promote bitcoin as an e-commerce ...
YellowPay Shuts Down Due to 'Undisclosed Reasons'The Merkle

all 2 news articles »

Posted on 24 May 2016 | 8:45 am

Ethereum, explained: why Bitcoin's stranger cousin is now worth $1 billion - Vox


Vox

Ethereum, explained: why Bitcoin's stranger cousin is now worth $1 billion
Vox
Bitcoin has struggled to live up to the hype that surrounded its emergence into the mainstream three years ago. Despite more than a billion dollars of venture capital funding, Bitcoin startups have failed to develop applications that appeal to ...
Coinbase Co-Founder: Ethereum Could 'Blow Past' BitcoinCoinDesk
What is the True Cost of Bitcoin for Your Clients?Accountingweb.com

all 4 news articles »

Posted on 24 May 2016 | 8:00 am

Payment Processor Invests in Dubai-Based Bitcoin Startup - CoinDesk


CryptoCoinsNews

Payment Processor Invests in Dubai-Based Bitcoin Startup
CoinDesk
Online payment service provider PayFort is among a number of participants to invest in a seed funding round for Dubai-based bitcoin startup BitOasis. Additional participants included MENA-focused venture capital firm Wamda Capital, early Internet ...
Dubai Bitcoin Startup Snags Seed FundingCryptoCoinsNews
Dubai Bitcoin Exchange BitOasis Completes First Funding RoundThe Merkle

all 6 news articles »

Posted on 24 May 2016 | 6:02 am

Bitcoin Production Will Drop By Half In July, How Will That Affect The Price? - Forbes


Forbes

Bitcoin Production Will Drop By Half In July, How Will That Affect The Price?
Forbes
One of the most fascinating aspects of the Bitcoin narrative is the trajectory of its price. Since its birth seven years ago, this abstract currency that only exists as computer code and/or in a small but rabid collective conscious has gone from ...
Kill Monsters, Get Bitcoin: Minecraft Server Releases Version 2.0, Opens Up “Satoshi Town”CoinTelegraph
What is Bitcoin?Computer Business Review

all 3 news articles »

Posted on 24 May 2016 | 5:30 am

Hackers Steal $2 Million From Bitcoin Exchange In Hong Kong, Bounty Offered To Recover Funds - Forbes


Forbes

Hackers Steal $2 Million From Bitcoin Exchange In Hong Kong, Bounty Offered To Recover Funds
Forbes
The Hong Kong-based firm admitted a security breach occurred between May 9 and 12 that allowed unauthorized access to its “hot wallets” holding both Bitcoins and Ethere (a Bitcoin rival). In total, the hackers were able to steal 250 Bitcoins and 185 ...
Bitcoin Exchange Service Gatecoin Suffers a $2m TheftSPAMfighter News (press release)

all 3 news articles »

Posted on 24 May 2016 | 4:13 am

Here's One Way of Saving the Winklevoss Twins' Bitcoin ETF Dream - Bloomberg


Bloomberg

Here's One Way of Saving the Winklevoss Twins' Bitcoin ETF Dream
Bloomberg
When the Winklevii filed for a physically backed bitcoin exchange-traded fund nearly three years ago, it created a stir. Their zeitgeist-capturing ETF filing garnered more press attention than all 139 new ETF launches that year combined but soon ran ...

and more »

Posted on 23 May 2016 | 9:18 am

Coinbase Co-Founder: Ethereum Could ‘Blow Past’ Bitcoin

In a new blog today, Coinbase exec Fred Ehrsam sought to position Ethereum as a competitor to bitcoin in the digital currency industry.

Posted on 24 May 2016 | 2:40 pm

Chinese Finance Giant Joins R3 Blockchain Consortium

A major Chinese financial firm has inked a new partnership with startup R3CEV.

Posted on 24 May 2016 | 1:56 pm

Report: US Postal Service Could Create its Own Digital Currency

The US Postal Service has released a new report outlining how it could adopt blockchain technology within its operations.

Posted on 23 May 2016 | 10:24 pm

5 Members of US National Guard Arrested for Alleged Bitcoin Scam

A group of US Army National Guard members have been arrested and charged with a scheme to use bitcoin to purchase stolen credit cards

Posted on 23 May 2016 | 3:30 pm

Swedish Court Rules Against KnCMiner Mining Hardware Customers

A legal effort to sue bitcoin mining firm KnCMiner over product refunds has been dealt a blow in Sweden, court documents reveal.

Posted on 23 May 2016 | 2:49 pm

The Father of Futarchy Has an Idea to Reshape DAO Governance

The creator of Futarchy, a governance model founded on prediction markets Robin Hanson, discusses his concept in the context of DAOs.

Posted on 23 May 2016 | 11:24 am

Dubai Government to Sponsor Upcoming Digital Currency Conference

Dubai is set to play host to a conference on digital currencies months after a blockchain effort in the country was first unveiled.

Posted on 23 May 2016 | 10:23 am

The DAO is a New Dow

This op-ed explores The DAO's creation in the context of existing stock exchanges, as well as the overall evolution of technology.

Posted on 22 May 2016 | 10:22 am

Determining Jurisdiction When a DAO is Sued

Does distributed presence create distributed liability?

Posted on 22 May 2016 | 8:25 am

Blockchain's Big Innovation is Trust, Not Money

In this opinion piece, a former Wall Street pro discusses why he believes the blockchain is best perceived as an innovation in distributed trust.

Posted on 21 May 2016 | 9:57 am

The New Banking Standard

In this op-ed, bitcoin enthusiast Martin Hagelstrom touches on the slow but steady embrace of blockchain by the world's banks.

Posted on 21 May 2016 | 9:40 am

Ethereum Startup Offers Grants to Open Blockchain Developers

String Labs has announced its program to award grants to innovators building on the Ethereum blockchain. Permissioned ledgers need-not apply.

Posted on 20 May 2016 | 4:21 pm

Ether Price Surges 50% as The DAO Draws Trading Interest

While bitcoin has long dominated the digital currency space, ether has been grabbing headlines - and trading volume - this week.

Posted on 20 May 2016 | 3:39 pm

Researchers Plan 'Unstoppable' DAO to Help Whales Save Themselves

A distributed ledger could help these researchers launch an unstoppable “Human-Whale-Robot-Hybrid” distributed autonomous organization.

Posted on 20 May 2016 | 11:55 am

Bitcoin Miners Follow Profit to Ethereum Blockchain

A well-known Chinese bitcoin miner gets into Ethereum as a wide range of high-profile organizations begin to capitalize on the digital currency.

Posted on 20 May 2016 | 11:16 am

Payments Giant Qiwi is Building a Blockchain Replacement for its Core Database

Russian payments firm Qiwi is currently designing its own proprietary blockchain system in an effort to replace its central payments database.

Posted on 20 May 2016 | 9:34 am

Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments

Over the past years, the Dutch town of Arnhem consistently made headlines for its exceptional Bitcoin project: Arnhem Bitcoincity. Launched...

The post Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments appeared first on Bitcoin Magazine.

Posted on

Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit

If you’ve ever needed an incentive to get fit, a new app launched in Britain could give you the boost you need. The new fitness app for...

The post Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit appeared first on Bitcoin Magazine.

Posted on

Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork

Although there has been some serious, public drama over scaling in the Bitcoin community for over a year, it appears that the community is...

The post Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork appeared first on Bitcoin Magazine.

Posted on

DARPA, NATO Looking at Military Applications of Blockchain Technology

Both the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense (DoD) and NATO have put out requests for...

The post DARPA, NATO Looking at Military Applications of Blockchain Technology appeared first on Bitcoin Magazine.

Posted on

Distributed: Trade Blockchain Hackathon Offers $25k in Prizes for Supply Chain and Finance Use Cases

BTC Media, the parent company of Bitcoin Magazine, and SixThirty recently announced a 24-hour blockchain hackathon with $25,000 in prize...

The post Distributed: Trade Blockchain Hackathon Offers $25k in Prizes for Supply Chain and Finance Use Cases appeared first on Bitcoin Magazine.

Posted on

Holy DAO! Reflections on the $155 Million (And Growing) Autonomous Behemoth

DAO: a distributed, autonomous corporation. (A backgrounder can be found here.) Just more than a year ago, as I was completing work...

The post Holy DAO! Reflections on the $155 Million (And Growing) Autonomous Behemoth appeared first on Bitcoin Magazine.

Posted on

Deloitte Team Launches Custom Blockchain Solution Rubix Core

Earlier this month, the Rubix by Deloitte team started rolling out their beta product, Rubix Core, with an early release to a group of...

The post Deloitte Team Launches Custom Blockchain Solution Rubix Core appeared first on Bitcoin Magazine.

Posted on

May 24, 2016 -
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