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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

Wikimedia Foundation Now Accepts Bitcoin

Posted on 30 July 2014 | 3:14 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-Qt v0.9.0rc3 released

Posted on 13 March 2014 | 3:21 am

Paying With Bitcoin Through Payza Can Get Complicated - The Merkle


The Merkle

Paying With Bitcoin Through Payza Can Get Complicated
The Merkle
Using intermediary services when making payments can be quite a pain to deal with. Unfortunately, companies dealing with Bitcoin are not exempt from this rule. Payza, a well-respected online payment platform, recently started accepting Bitcoin payments ...

Posted on 25 July 2016 | 6:10 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 launches in GibraltarThe Fiscal Times
Gibraltar Stock Exchange adds bitcoin instrumentFinextra (press release)
Gibraltar Stock Exchange adds Bitcoin Exchange Traded InstrumentLeapRate
Finance Magnates
all 7 news articles »

Posted on 25 July 2016 | 5:33 am

German Media Links Bitcoin to Weapon Used in Terror Attack - Finance Magnates


Finance Magnates

German Media Links Bitcoin to Weapon Used in Terror Attack
Finance Magnates
Numerous media reports in the German media are linking Bitcoin to the Munich shooting which might lead to a further crackdown on cryptocurrency use by European governments. Apparently the consensus is that the shooter must have illegally acquired the ...
German Media Falsely Links Bitcoin and Darknet To Munich ShootingnewsBTC

all 2 news articles »

Posted on 25 July 2016 | 4:57 am

Bitcoin Gains Popularity As Banks Stick To Quantitative Easing - newsBTC


newsBTC

Bitcoin Gains Popularity As Banks Stick To Quantitative Easing
newsBTC
It is not the first time some experts are pointing towards Bitcoin as an asset to keep an eye on whenever financial trouble seems to be looming on the horizon. Cryptocurrency is a once-in-a-lifetime investment opportunity, due its scarcity and global ...

Posted on 25 July 2016 | 4:07 am

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The Man Behind Bitcoin's $4.5 Million Ponzi Scheme Earns Lenient Sentence - Motherboard


Motherboard

The Man Behind Bitcoin's $4.5 Million Ponzi Scheme Earns Lenient Sentence
Motherboard
Trendon Shavers, a 33 year old Texas man, was sentenced by Manhattan federal court by Judge Lewis A. Kaplan for his “High Yield Investment Program” called Bitcoin Savings & Trust. In addition to the prison sentence, the judge also ordered him to repay ...

and more »

Posted on 25 July 2016 | 3:03 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

Bitcoin Price Technical Analysis for 07/25/2016 – New Trend Forming - newsBTC


Bitcoin Price Technical Analysis for 07/25/2016 – New Trend Forming
newsBTC
Bitcoin Fraudster Receives 18-Month Prison Time · Coince - Bitcoin Investment Solution · NEWS · ANALYSIS · CHARTS; EDUCATION. What is Bitcoin? Accepting Bitcoin · Using Bitcoin · Mining Bitcoin · Trading Bitcoin · How to Buy Bitcoin? What is money?

and more »

Posted on 24 July 2016 | 8:43 pm

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

Ethereum Hard Fork Creates Competing Currencies as Support for Ethereum Classic Rises

The Ethereum hard fork executed last week has inadvertently resulted in the creation of a competing currency, classic ether.

Posted on 24 July 2016 | 2:21 pm

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Moody's Clients Working on 120 Blockchain Projects, Report Shows

As many as 120 blockchain-related projects are being undertaken by governments and companies rated by Moody’s, new data shows.

Posted on 22 July 2016 | 3:44 pm

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

Bitcoin Developers Warn Ethereum Fork Sets Unsettling Precedent

Bitcoin Core developers are concerned that the side effects of a hard fork on the ethereum blockchain could have negative impacts on all blockchains.

Posted on 22 July 2016 | 11:20 am

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

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

Washington State Utility Raises Power Rates on Bitcoin Miners

A local utility in Washington State is raising power rates months after a dispute began between it and bitcoin miners seeking cheap electricity.

Posted on 20 July 2016 | 11:15 am

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

New EU Directive May Impose Anti-Money Laundering Regulations on Bitcoin Wallet Providers

The European Commission published a new directive draft last week proposing to extend strict anti-money laundering (AML) regulation to both...

The post New EU Directive May Impose Anti-Money Laundering Regulations on Bitcoin Wallet Providers 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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