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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

Mozilla accepting Bitcoin

Posted on 20 November 2014 | 1:55 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 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

Is Bitcoin Really Money? Economics Professor Says 'No' In Landmark Criminal Case - International Business Times


International Business Times

Is Bitcoin Really Money? Economics Professor Says 'No' In Landmark Criminal Case
International Business Times
Should bitcoin be considered money? It is a question which banks, government, regulators and financial institutions around the world have been grappling with for years, but now the question could finally be answered in a ground-breaking court case, the ...

and more »

Posted on 30 May 2016 | 5:16 am

Argentina Tops List of Countries with Greatest Bitcoin Adoption Potential - CoinTelegraph


CoinTelegraph

Argentina Tops List of Countries with Greatest Bitcoin Adoption Potential
CoinTelegraph
Argentina has the greatest potential for Bitcoin adoption in the world. According to the Bitcoin Market Potential Index (BMPI), Argentina tops the list of ten countries with the highest relative potential for Bitcoin adoption followed by Venezuela ...

Posted on 30 May 2016 | 4:10 am

Fix Cut Set to Push Yuan Low; Bitcoin Bubble Continues - newsBTC


newsBTC

Fix Cut Set to Push Yuan Low; Bitcoin Bubble Continues
newsBTC
Bitcoin, on the other hand, keeps gaining momentum while these woes haunt the financial ecosystem. Cutting the fixing of the Chinese Yuan by another 0.45% drives it to the weakest level since February of 2011. Financial experts attribute this cutting ...

and more »

Posted on 30 May 2016 | 4:00 am

Darkode Bitcoin bot bandit gets year and a day in US cooler - The Register


The Register

Darkode Bitcoin bot bandit gets year and a day in US cooler
The Register
Darkode bot bandit Rory Stephen Guidry has been sentenced to a year and a day in prison for selling a botnet containing 5000 enslaved machines, and stealing US$80,000 (£72,069, A$111,728) in Bitcoins and 5000 active credit cards. Guildry, 29, or ...
Bitcoin Thieving Darkode Botnet Hacket SentencedCryptoCoinsNews
Selling Botnets And Stealing Bitcoin Gets Darkode Forum User One Year In JailTechworm

all 5 news articles »

Posted on 30 May 2016 | 1:57 am

Australia to auction $11.5 million confiscated bitcoins - CNBC


CNBC

Australia to auction $11.5 million confiscated bitcoins
CNBC
Around 16 million Australian dollars ($11.49 million) worth of confiscated bitcoins will be auctioned in Sydney next month, the first such auction outside the United States, as demand for the digital currency surged to its highest in nearly two years ...
The price of bitcoin just surged to a 20-month highQuartz
MarketsBitcoin's dollar value spikes as auction announcedFinancial Times
Bitcoin values have spiked - but no one is sure whyNewstalk 106-108 fm
CoinDesk -CryptoCoinsNews -Business Insider Australia
all 28 news articles »

Posted on 30 May 2016 | 12:16 am

Ex-Citi Trader's Bitcoin Exchange Skirts Currency Curbs - Bloomberg


Bloomberg

Ex-Citi Trader's Bitcoin Exchange Skirts Currency Curbs
Bloomberg
It was after Arthur Hayes got laid off from Citigroup Inc. in 2013 that he stumbled across one of the simplest ways to make money he'd ever seen. He was living in Hong Kong and saw the price of bitcoin across the China border was much higher. He hopped ...
Bitcoin Derivatives Exchange Expands, Skirting China's Currency CurbsCryptoCoinsNews
BitCoin News: A BitCoin Market for a BitCoin Exchange, Diversifying in Chinese Currency ValueFX News Call

all 3 news articles »

Posted on 29 May 2016 | 4:29 pm

Why ABN Amro Wants to Separate Bitcoin from the Blockchain - CoinDesk


CoinDesk

Why ABN Amro Wants to Separate Bitcoin from the Blockchain
CoinDesk
As with many other major global banks, ABN is focused on distributed ledger aspects of the technology, and isn't working with digital currencies such as bitcoin. "If you look at our view regarding the blockchain, we want to clearly separate bitcoin ...

Posted on 29 May 2016 | 11:10 am

Dubai's Global Blockchain Council Unveils First Pilot Projects

Members of Dubai’s Global Blockchain Council (GBC) unveiled seven new proofs-of-concept at industry conference Keynote 2016 today.

Posted on 30 May 2016 | 5:05 am

Ernst & Young to Sell $12 Million in Bitcoin at Auction

Ernst & Young has announced it will auction $12.9m worth of bitcoin confiscated from a former Silk Road user.

Posted on 30 May 2016 | 12:20 am

Why ABN Amro Wants to Separate Bitcoin from the Blockchain

ABN Amro managing director Karin Kersten discusses her firm's blockchain strategy and use cases.

Posted on 29 May 2016 | 11:08 am

London Workshop Explores Blockchain Identity in Finance

The Identity & KYC conference in London hosted a workshop on using blockchain technology to improve know-your-customer processes earlier this week.

Posted on 29 May 2016 | 9:56 am

Bitcoin Prices Break $500 Barrier to Hit 20-Month High

Bitcoin prices hit a more than 20-month high this weekend as the digital currency broke the $500 barrier to reap big gains.

Posted on 29 May 2016 | 5:38 am

A Framework for Identity

IDEO coLAB member Dan Elitzer explores a framework for digital identity using blockchain and other technologies.

Posted on 28 May 2016 | 10:14 am

A Right to Exist: Using Technology to Create Better ID Systems

Steven Malby of the Commonwealth Secretariat explores the challenges in bringing legal identity to the more than 1 billion people lacking recognition.

Posted on 28 May 2016 | 8:20 am

Bitcoin Mining Firm KnCMiner Declares Bankruptcy

The parent company of Swedish bitcoin mine operator KnCMiner has declared bankruptcy.

Posted on 27 May 2016 | 11:41 am

Bitcoin Price Hits Six-Month High Amid 5% Surge

Bitcoin prices surged more than 5% in the early hours of 27th May, to reach a more than six-month high.

Posted on 27 May 2016 | 10:36 am

US Congress Reps Receive Blockchain Briefing at Capitol Hill Event

More than 15 members of Congress met with representatives of the blockchain technology industry this week in Washington, DC.

Posted on 27 May 2016 | 8:19 am

Lawyers Be DAMNed: Andreas Antonopoulos Takes Aim at Arbitration With DAO Proposal

Andreas Antonopoulos takes aim at local governments with new plans for an Ethereum-based system that could be recognized across borders.

Posted on 26 May 2016 | 4:57 pm

CFTC Grants Full Registration to Bitcoin Swaps Trading Platform

The CFTChas granted registration to a trading platform that was an early entrant in the US market for financial derivatives tied to bitcoin.

Posted on 26 May 2016 | 4:24 pm

Santander UK to Launch Ripple-Powered Payments App in 2016

The UK arm of Spanish banking group Santander has developed a new payments app in partnership with distributed ledger startup Ripple.

Posted on 26 May 2016 | 11:30 am

Blockchain Entrepreneurs, Musicians Test Ideas at Berlin Music Festival

A group of musicians, entrepreneurs and blockchain advocates is set to gather at a festival in Germany later this week.

Posted on 26 May 2016 | 10:28 am

21 Unveils Vision for Bitcoin-Powered Weather Data Market

Bitcoin’s best-funded startup, 21 Inc, unveiled a new proof-of-concept that envisions how its developer tools could fuel a weather marketplace.

Posted on 26 May 2016 | 9:55 am

EU Parliament Approves Proposal for Digital Currency Task Force

The European Parliament has voted to recommend that the bloc’s government create a task force dedicated to digital currencies and blockchain.

Posted on 26 May 2016 | 8:37 am

Goldman Sachs: Blockchain Tech Could Save Capital Markets $6 Billion a Year

A new report from Goldman Sachs Investment Research projects blockchain technology could save billions across industries.

Posted on 25 May 2016 | 4:44 pm

Blockchain Technology Will Profoundly Change the Derivatives Industry

Editor's note: This is a guest post by Matt O’Brien. As the hype and pessimism around blockchain technology converge toward reality over the...

The post Blockchain Technology Will Profoundly Change the Derivatives Industry appeared first on Bitcoin Magazine.

Posted on

Why the Global Economy Needs Open Blockchain Assets to Fight Negative Interest Rates

The world economy is in a fascinating period. It is an encouraging time for those hopeful about Bitcoin and other open blockchain-based...

The post Why the Global Economy Needs Open Blockchain Assets to Fight Negative Interest Rates appeared first on Bitcoin Magazine.

Posted on

IBM: Government and Blockchain Sector Should Work Together to Enhance National Security

IBM Vice President for Blockchain Technologies Jerry Cuomo recently testified before the Commission on Enhancing National Cybersecurity on...

The post IBM: Government and Blockchain Sector Should Work Together to Enhance National Security appeared first on Bitcoin Magazine.

Posted on

How Blockchain Technology Is Reinventing Global Trade Efficiency

This article orginally appeared in The Distributed Ledger. The business of moving commercial goods around the planet represents billions of...

The post How Blockchain Technology Is Reinventing Global Trade Efficiency appeared first on Bitcoin Magazine.

Posted on

Russia’s National Settlement Depository Successfully Tests Blockchain-Based E-Voting System

The National Settlement Depository (NSD), Russia’s central securities depository, has developed and successfully tested an e-proxy voting...

The post Russia’s National Settlement Depository Successfully Tests Blockchain-Based E-Voting System appeared first on Bitcoin Magazine.

Posted on

ISO May Propose Certified Standards for Blockchains and Distributed Ledgers

In April when the Bitcoin community began preparing for Australian Craig Wright’s “Satoshi Nakamoto reveal,” there was another announcement...

The post ISO May Propose Certified Standards for Blockchains and Distributed Ledgers appeared first on Bitcoin Magazine.

Posted on

May 30, 2016 -
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