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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

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

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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Will Bitcoin Soon Be Legal in Vietnam? - newsBTC


newsBTC

Will Bitcoin Soon Be Legal in Vietnam?
newsBTC
Just a few months ago, the country was shattered by an alleged Ponzi scheme surrounding bitcoin activity. Promises were made that ultimately weren't kept, and several people lost money that could have otherwise gone to much smarter and loftier purposes.

Posted on 5 December 2016 | 6:07 pm

Prosecutor's office paid bitcoin ransom in cyberattack - Phys.Org


Prosecutor's office paid bitcoin ransom in cyberattack
Phys.Org
A state prosecutor's office in Pennsylvania was among hundreds of thousands of victims of a now-shuttered international cybercrime operation, paying nearly $1,400 in a bitcoin ransom to free up its infected computer network, authorities disclosed Monday.

and more »

Posted on 5 December 2016 | 4:19 pm

New OCC Charter Could Give Bitcoin Exchanges Special Bank Status - CoinDesk


CoinDesk

New OCC Charter Could Give Bitcoin Exchanges Special Bank Status
CoinDesk
The office of the US Treasury in charge of currency policy has revealed plans to grant special-purpose bank charters to companies working in the fintech space. The proposal, revelealed on Friday but hinted at as recently as October, is currently open ...

and more »

Posted on 5 December 2016 | 1:49 pm

Bitcoin's Price Dips Back Below $750 on Profit Taking - CoinTelegraph


CoinTelegraph

Bitcoin's Price Dips Back Below $750 on Profit Taking
CoinTelegraph
While many U.S. traders were spending time with family during the Thanksgiving holidays over the past few weeks, Bitcoin market makers were hard at work pushing the price to the upside in order to test key resistance levels. Following a breakout above ...

Posted on 5 December 2016 | 7:58 am

Intel is Winning Over Blockchain Critics By Reimagining Bitcoin's DNA - CoinDesk


CoinDesk

Intel is Winning Over Blockchain Critics By Reimagining Bitcoin's DNA
CoinDesk
Still, this messy process hasn't stopped tech giants like IBM and JP Morgan from conducting work that rivals the more well-known open-source creations like bitcoin and ethereum in aim and ambition. While these contributions are grabbing headlines, ...

Posted on 5 December 2016 | 7:21 am

Hackers Steal $32 Mln From Russian Central Bank, Trustless Bitcoin Offers More Security - CoinTelegraph


CoinTelegraph

Hackers Steal $32 Mln From Russian Central Bank, Trustless Bitcoin Offers More Security
CoinTelegraph
This trust-based structure of banks has proven to be the major factor behind these hacking attacks. Thus, trustless technologies and financial networks like Bitcoin can effectively prevent users, companies and high profile investors from losing ...

and more »

Posted on 5 December 2016 | 7:20 am

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

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 service ordered to hand over three years of user records to IRSThe Verge
Digital Trends -Gizmodo -UPI.com
all 86 news articles »

Posted on 2 December 2016 | 7:14 am

Ethereum's Woes Continue as Price Sinks to 9-Month Low

Ether (ETH) prices fell to a nine-month low on 5th December, extending losses suffered in recent weeks.

Source

Posted on 5 December 2016 | 3:00 pm

New OCC Charter Could Give Bitcoin Exchanges Special Bank Status

New regulation proposed by the US OCC could give bitcoin exchanges and other fintech companies the ability to apply for a new charter.

Source

Posted on 5 December 2016 | 1:48 pm

US Federal Reserve Releases First Distributed Ledger Research Paper

The US Federal Reserve has released a new working paper on blockchain and distributed ledger tech.

Source

Posted on 5 December 2016 | 11:22 am

Malta Stock Exchange Lays Groundwork for Blockchain Testing

Malta’s stock exchange is in the early stages of experimenting with blockchain-based trading.

Source

Posted on 5 December 2016 | 10:11 am

US Commerce Department to Discuss Blockchain Copyright

US officials to discuss using blockchain for copyright management.

Source

Posted on 5 December 2016 | 8:00 am

Japan's Central Bank is 'Test-Driving' Distributed Ledgers

A senior Bank of Japan official revealed new details about the bank's blockchain work today.

Source

Posted on 5 December 2016 | 4:42 am

Illinois Breaks From New York With Blockchain Regulatory Approach

CoinDesk looks into Illinois' ambitious plan to guide the integration of blockchain technology within government operations.

Source

Posted on 4 December 2016 | 8:14 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

EU State-By-State Regulation: What Are the Implications?

The European Commission’s recent decision to delay new anti-money laundering legislation by six-months is the latest in a string of new...

The post EU State-By-State Regulation: What Are the Implications? appeared first on Bitcoin Magazine.

Posted on

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

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

December 6, 2016 -
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