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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

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

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

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

A 26-year old Bitcoin entrepreneur was handed prison time, and the experience only confirmed his belief in the ... - Business Insider


Business Insider

A 26-year old Bitcoin entrepreneur was handed prison time, and the experience only confirmed his belief in the ...
Business Insider
The self-professed computer geek turned divisive digital currency entrepreneur won notoriety as the founder of BitInstant. The firm took off, attracting investors like the Winklevoss twins, and helping popularize bitcoin. Then, his whole world came ...

and more »

Posted on 3 December 2016 | 8:57 am

Chandler Guo to Bitcoin Community: Avoid a War Over Block Size - CoinTelegraph


CoinTelegraph

Chandler Guo to Bitcoin Community: Avoid a War Over Block Size
CoinTelegraph
Think about Ethereum today, when they hardforked, ETH crashed down. Till right now, it's still crashed down only because people don't like the Ethereum Foundation's control. People like Bitcoin today because Bitcoin is totally out of anyone's control ...

Posted on 3 December 2016 | 7:23 am

Bitcoin Gets As Busy As Ever, Speed Slows, Backlog of Transactions Grows - CoinTelegraph


CoinTelegraph

Bitcoin Gets As Busy As Ever, Speed Slows, Backlog of Transactions Grows
CoinTelegraph
20 and 27 to be Bitcoin 's busiest week ever, several tens of thousands of unconfirmed transactions have popped up on the network again prompting questions about the spike, including: is the journey to mass adoption about to finally take-off? Will this ...

Posted on 3 December 2016 | 3:58 am

Bitcoin Tracker: Bitcoin Flies High - PYMNTS.com


PYMNTS.com

Bitcoin Tracker: Bitcoin Flies High
PYMNTS.com
This week saw bitcoin's price jump over its previous 2016 high to reach a high of $778.14 today (Dec. 2) — well over November's average price of about $725. Current numbers put the price at $769.79 at the time of writing. These things can change by ...

Posted on 2 December 2016 | 11:57 am

Bitcoin price climbs to highest level in nearly 3 years - MarketWatch - MarketWatch


MarketWatch

Bitcoin price climbs to highest level in nearly 3 years - MarketWatch
MarketWatch
Bitcoin traders are finally moving past the collapse of Tokyo-based digital currency exchange Mt. Gox.

and more »

Posted on 2 December 2016 | 11:10 am

Coders Named After Harry Potter Characters Join Bitcoin's 'Mimblewimble' - CoinDesk


CoinDesk

Coders Named After Harry Potter Characters Join Bitcoin's 'Mimblewimble'
CoinDesk
One of bitcoin's more forward-looking projects has attracted a group of developers who are using some obscure names from the Harry Potter book series. Bearing the names of the book series' invisibility cloak inventor (Ignotus Peverell), its leading ...

Posted on 2 December 2016 | 11:00 am

Bitcoin Users Brace For IRS Audits From Coinbase Summons - Forbes


Forbes

Bitcoin Users Brace For IRS Audits From Coinbase Summons
Forbes
Many Bitcoin and other digital currency users are worried that the IRS will get their account information from Coinbase. What's more, the IRS can use it to audit them, or worse, to mount a criminal investigation. Is it time to panic? Not quite ...
Court Rules IRS Can Seek Information on Bitcoin CustomersWall Street Journal
Feds look for tax evaders who used bitcoinCNNMoney
Bitcoin anonymity no longer guaranteed; summons served to U.S. exchangeDigital Trends
The Verge -Gizmodo -RT -US Department of Justice
all 83 news articles »

Posted on 2 December 2016 | 7:14 am

Coinbase Seeks Patent for Bitcoin Private Key Security System - CoinDesk


Coinbase Seeks Patent for Bitcoin Private Key Security System
CoinDesk
Bitcoin and ether exchange startup Coinbase is seeking a patent for a security system for bitcoin private keys. According to an application published on 24th November by the US Patent and Trademark Office (USPTO), Coinbase is aiming to patent a ...

Posted on 2 December 2016 | 6:54 am

What the IRS Summons Will Mean for Coinbase Users

Tax expert Daniel Winters explores the bigger picture behind the IRS summons for Coinbase data.

Source

Posted on 3 December 2016 | 9:54 am

Bitcoin Prices Surge Past $770 But Fall Just Short of 2016 High

Bitcoin prices neared $780 this week, coming within 1% of their annual high after lingering above $700 for more than two weeks.

Source

Posted on 3 December 2016 | 7:31 am

Ether Prices Plunge To 7-Month Low

Ether prices dove to a seven-month low earlier today.

Source

Posted on 2 December 2016 | 3:50 pm

Coders Named After Harry Potter Characters Join Bitcoin’s 'Mimblewimble'

One of bitcoin's more forward-looking projects has attracted a group of developers who are using some obscure names from the Harry Potter series.

Source

Posted on 2 December 2016 | 10:54 am

Smart Contracts Startup Hires Cryptographer Lisa Yin

Smart contracts startup Symbiont has hired cryptographer Lisa Yin as its new chief security officer.

Source

Posted on 2 December 2016 | 9:47 am

R3's Corda Code Debut Draws Mixed Response

The launch of blockchain consortium R3CEV's open-source Corda platform is receiving mixed responses.

Source

Posted on 2 December 2016 | 8:55 am

Bitcoin Loan Platform BitLendingClub to Shut Down

Peer-to-peer bitcoin lending platform BitLendingClub has announced that it is shutting down next year.

Source

Posted on 2 December 2016 | 6:06 am

The Bitcoin Price Keeps Breaching $750

Bitcoin surpassed $750 on 1st December, rising past this key psychological level but failing to reach $755.

Source

Posted on 1 December 2016 | 3:21 pm

How Developers Are Responding to Ethereum's Unexpected Fork

An unintentional split of the network was the latest event to shake ethereum.

Source

Posted on 1 December 2016 | 10:59 am

Finland's Central Bank Organizes Blockchain Event

Finland’s central bank co-organized a seminar on blockchain last week.

Source

Posted on 1 December 2016 | 10:01 am

Australian Digital Currency Advocates Launch Self-Regulation Effort

Digital currency advocates in Australia have launched a new code of conduct initiative aimed at promoting self-regulation.

Source

Posted on 1 December 2016 | 8:43 am

Major Japanese Banks Seek Lower Costs With Blockchain Payments

A group of major Japanese banks has published the first results of a blockchain interbank payments trial.

Source

Posted on 1 December 2016 | 6:59 am

China's Huiyin Group Launches $20 Million Bitcoin Fund

Multibillion-dollar investment company Huiyin Group has launched a $20m bitcoin-focused investment fund.

Source

Posted on 1 December 2016 | 6:10 am

A Judge Just Cleared the Way for the IRS to Seek Coinbase Customer Data

The IRS can serve bitcoin and ether exchange startup Coinbase with a summons for information about its users, a federal judge has ordered.

Source

Posted on 30 November 2016 | 3:41 pm

Japan Exchange Group Expands Blockchain Trials

The Japan Exchange Group (JPX) has formed a consortium between several companies within its umbrella to test a blockchain proof-of-concept.

Source

Posted on 30 November 2016 | 12:36 pm

Illinois Unveils Blockchain Policy in Bid to Attract Industry Innovators

The State of Illinois today announced an ambitious plan to encourage government and private sector blockchain innovation.

Source

Posted on 30 November 2016 | 10:50 am

IBM Tests Blockchain for Supply Chain With India’s Mahindra Group

Indian business conglomerate Mahindra Group is working with IBM to develop blockchain-based supply chain applications.

Source

Posted on 30 November 2016 | 9:42 am

Blockchain Pros Debate 'Looming Challenges' for Smart Contracts

Two "looming challenges" may stand between smart contract potential and actual widespread adoption.

Source

Posted on 30 November 2016 | 7:46 am

Symbiont's Lisa Yin Brings "Deep Understanding" of Cryptography Techniques to Blockchain

Symbiont, a blockchain company developing a smart contract platform for institutional applications of distributed ledger technology, has...

The post Symbiont's Lisa Yin Brings "Deep Understanding" of Cryptography Techniques to Blockchain appeared first on Bitcoin Magazine.

Posted on

Bitcoin Price Reaches 2-Year High in China; Experts Predict Bull Market Likely to Continue

The price of bitcoin in China surpassed two-year highs on leading Chinese exchanges today, as Chinese investors continue to seek safe...

The post Bitcoin Price Reaches 2-Year High in China; Experts Predict Bull Market Likely to Continue appeared first on Bitcoin Magazine.

Posted on

WikiLeaks’ Public Donation Address Receives 4000th Bitcoin

WikiLeaks’ public donation address recently received its 4000th bitcoin. The nonprofit whistle blower site, which to a large extent relies...

The post WikiLeaks’ Public Donation Address Receives 4000th Bitcoin appeared first on Bitcoin Magazine.

Posted on

Move Over Uber: Blockchain Technology Can Enable Real, Sustainable Sharing Economy

Uber and Airbnb, the hugely popular marketplaces for taxi-like car rides and hotel-like short-term rentals, are usually considered to be...

The post Move Over Uber: Blockchain Technology Can Enable Real, Sustainable Sharing Economy appeared first on Bitcoin Magazine.

Posted on

Hyperledger Project Hits 100 Members With Addition of China's SinoLending, Gingkoo, ZhongChao

Hyperledger Project, an open source blockchain initiative hosted by the Linux Foundation, has hit a major milestone of 100 active members....

The post Hyperledger Project Hits 100 Members With Addition of China's SinoLending, Gingkoo, ZhongChao appeared first on Bitcoin Magazine.

Posted on

Smart Contract Symposium to Convene in Times Square as “Completely New U.S. Government” Looms

The inaugural Smart Contract Symposium convenes December 5 in Times Square, not far ahead of the seating of the 45th President of the United...

The post Smart Contract Symposium to Convene in Times Square as “Completely New U.S. Government” Looms appeared first on Bitcoin Magazine.

Posted on

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BitSE Launches Blockchain-Based VeChain Platform, Teams Up With PwC

Shanghai-based Blockchain-as-a-Service (BaaS) company, BitSE, is opening possibilities for every industry with the official launch of...

The post BitSE Launches Blockchain-Based VeChain Platform, Teams Up With PwC appeared first on Bitcoin Magazine.

Posted on

Bitcoin Companies Gear Up to Give Back on Bitcoin Giving Tuesday

Social and philanthropic use cases involving bitcoin have increased over the years, helping to push its adoption. This year, the bitcoin...

The post Bitcoin Companies Gear Up to Give Back on Bitcoin Giving Tuesday appeared first on Bitcoin Magazine.

Posted on

Bitcoin Black Friday Deals for the Digital Currency Enthusiast

On the day after American Thanksgiving, bitcoiners (along with everyone else) will begin their holiday shopping in earnest, with Bitcoin...

The post Bitcoin Black Friday Deals for the Digital Currency Enthusiast appeared first on Bitcoin Magazine.

Posted on

December 3, 2016 -
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