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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

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 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 Tracker: The Unbanked-Profit Dilemma - PYMNTS.com


Bitcoin Tracker: The Unbanked-Profit Dilemma
PYMNTS.com
Can bitcoin be a way to financial inclusion? Perhaps only if the banks are on board and the infrastructure can reach the poorer populations. This week's news for bitcoin highlights some activities that are targeting the unbanked in developing economies ...

Posted on 30 September 2016 | 7:00 am

Bitcoin.com Mining Pool Unravels Cracks in Bitcoin Community - newsBTC


newsBTC

Bitcoin.com Mining Pool Unravels Cracks in Bitcoin Community
newsBTC
The recent attempt to resurrect the Bitcoin blockchain with no block size limit has received a mixed reaction from the community. The attempt comes in the form of the new Bitcoin.com mining pool, a brainchild of Bitcoin Jesus Roger Ver. The new Bitcoin ...

Posted on 30 September 2016 | 4:00 am

Lightning Test Moves Bitcoin Scaling Into Striking Distance - CoinDesk - CoinDesk


CoinDesk

Lightning Test Moves Bitcoin Scaling Into Striking Distance - CoinDesk
CoinDesk
Widely considered to be the best way to boost bitcoin's transaction capacity, the Lightning Network proposes a way to execute the majority of bitcoin transactions ...
Lightning Network Scalability Draws Closer As Acinq Succesfully ...Live Bitcoin News

all 4 news articles »

Posted on 29 September 2016 | 3:52 pm

'Money Mule' Gangs Turn to Bitcoin ATMs - Krebs on Security


'Money Mule' Gangs Turn to Bitcoin ATMs
Krebs on Security
As the above Youtube video demonstrates, sending funds merely requires the user to scan a QR code shared by the intended recipient, and then insert cash into the Bitcoin ATM. Because Bitcoin is a non-refundable form of payment, once the money is sent ...

Posted on 29 September 2016 | 11:36 am

Regulators Block Sale of Bitcoin Miner Avalon - CoinDesk


CoinDesk

Regulators Block Sale of Bitcoin Miner Avalon
CoinDesk
A deal that would have seen Chinese manufacturer Shandong Luyitong purchase bitcoin mining hardware firm Canaan is no more. The deal is said to have been scuttled as a result of apprehension on the part of regulators from the Shenzhen Stock ...

Posted on 29 September 2016 | 9:02 am

Got bitcoin? Despite early setbacks, some say it is stronger than ever - CNBC


CNBC

Got bitcoin? Despite early setbacks, some say it is stronger than ever
CNBC
Imagine a currency that is not tied to the whims of politicians, the foibles of central bankers, or the fortunes of a particular country. Rather than relying on a government to mint a currency, users could "mine" their own bitcoin by running software ...

Posted on 29 September 2016 | 3:00 am

Sorry Accenture, Bitcoin's Un-Editable Blockchain is a Feature Not a Flaw

Making blockchains editable opens up financial systems to the potential for fraud, says author and investor Brian Kelly

Source

Posted on 30 September 2016 | 5:45 am

Lightning Test Moves Bitcoin Scaling Into Striking Distance

A lesser-known startup has successfully tested an important piece of bitcoin's scaling puzzle.

Source

Posted on 29 September 2016 | 3:52 pm

Indian Bitcoin Exchange Unocoin Raises $1.5 Million

Indian bitcoin exchange startup Uncoin has raised $1.5m in a new funding round.

Source

Posted on 29 September 2016 | 12:28 pm

Regulators Block Sale of Bitcoin Miner Avalon

A planned acquisition deal between Chinese manufacturer Shandong Luyitong and bitcoin mining hardware company Canaan is no more.

Source

Posted on 29 September 2016 | 9:00 am

Inside Bank of America's New Microsoft-Powered Blockchain Project

The inside story of how Microsoft and Bank of America worked together to build a blockchain prototype for trade finance.

Source

Posted on 29 September 2016 | 6:10 am

UK Dependency Adjusts Laws for Digital Currency

The UK crown dependency of Jersey is pushing ahead with its digital currency legislative plans.

Source

Posted on 29 September 2016 | 4:25 am

US Central Bank Chair: Blockchain Could Have 'Significant' Impact

The Federal Reserve isn't working on any blockchain applications of its own at this time, according to Fed chair Janet Yellen.

Source

Posted on 28 September 2016 | 1:26 pm

IBM: Banks Expect Commercial Blockchains By 2017

Some of the world's banks and financial markets are bullish on blockchain products, new survey data shows.

Source

Posted on 28 September 2016 | 12:45 pm

In Formal Verification Push, Ethereum Seeks Smart Contract Certainty

CoinDesk spotlights the factors driving ethereum's coding community to embrace the concept of formal verification for smart contracts.

Source

Posted on 28 September 2016 | 12:07 pm

Momentum Grows for Blockchain Action in Washington

Recent developments around blockchain in Washington, DC are setting the stage for even bigger moves in the year ahead.

Source

Posted on 28 September 2016 | 7:20 am

ASX Sets Date for Decision on Blockchain Transition

ASX says it intends to decide on whether it will migrate to a blockchain-based settlement system by the end of 2017.

Source

Posted on 28 September 2016 | 6:40 am

CGI Launches Blockchain Lab for Trade Finance

CGI has launched a blockchain trade finance and supply chain laboratory to explore applications of blockchain technology.

Source

Posted on 28 September 2016 | 6:01 am

Currency Settlement Service CLS Reveals Big Blockchain Ambitions

CLS is working with IBM to build a blockchain platform for payments netting.

Source

Posted on 27 September 2016 | 11:06 am

R3 Banks, Startups Test Blockchain System for Syndicated Loans

A syndicated loan exchange trial utilizing blockchain being undertaken by a group of banks alongside startups R3 and Symbiont is moving ahead.

Source

Posted on 27 September 2016 | 8:55 am

Wealth and Asset Management Report Predicts Blockchain Use by 2021

A new report from Roubini ThoughtLab has found that over the next five years blockchain use is set to grow by 43 percent. Teaming up with a...

The post Wealth and Asset Management Report Predicts Blockchain Use by 2021 appeared first on Bitcoin Magazine.

Posted on

Op-Ed: Blockchain Can Make Globalization Work

De-globalization is not just about Brexit and rising U.S. protectionism. It is much more than that. It's a pervasive negative attitude...

The post Op-Ed: Blockchain Can Make Globalization Work appeared first on Bitcoin Magazine.

Posted on

New Bipartisan Blockchain Caucus Will Promote the Use of Bitcoin and Blockchain Technology

A year ago, Bitcoin Magazine highlighted the work of U.S. Congress Representative Jared Polis and noted his work meeting with politicians...

The post New Bipartisan Blockchain Caucus Will Promote the Use of Bitcoin and Blockchain Technology appeared first on Bitcoin Magazine.

Posted on

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Pamela Morgan on Security: “You Don’t Get to the Moon Without Blowing Up a Few Rockets”

In what’s turning into the “year of the hack,” security issues are increasingly top of mind for those working in the Bitcoin and blockchain...

The post Pamela Morgan on Security: “You Don’t Get to the Moon Without Blowing Up a Few Rockets” appeared first on Bitcoin Magazine.

Posted on

Op-Ed: Ethereum vs Ethereum: Which Is the Ship of Theseus?

Imagine this scenario: Tom owes you money. Years later, Tom clones himself and claims the clone to be the real Tom, trying to write off all...

The post Op-Ed: Ethereum vs Ethereum: Which Is the Ship of Theseus? appeared first on Bitcoin Magazine.

Posted on

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Understanding Soft Forks: A Core Developer’s View on Network Monopoly

Since the beginning of the development of Segregated Witness, an increasing number of alternative Bitcoin hard fork supporters have...

The post Understanding Soft Forks: A Core Developer’s View on Network Monopoly appeared first on Bitcoin Magazine.

Posted on

Bitcoin Takes on Eastern Europe as Blockchain & Bitcoin Conference Lands in Kiev

Ukraine is one of these countries where people require no explanation about the value of hard money. As war in the east of the post-Soviet...

The post Bitcoin Takes on Eastern Europe as Blockchain & Bitcoin Conference Lands in Kiev appeared first on Bitcoin Magazine.

Posted on

September 30, 2016 -
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