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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

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 taxfree in Denmark

Posted on 25 March 2014 | 5:46 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

This Bitcoin Price Prediction Sees a 2016 Rise to $1000 - Money Morning


Money Morning

This Bitcoin Price Prediction Sees a 2016 Rise to $1000
Money Morning
Lingham made his first Bitcoin price prediction at a Bitcoin conference in San Jose in May 2013. At that point, the Bitcoin price was fresh off a run that took it from about $13.50 in December 2012 to $266 in April, then a drop back down to the $115 range.

Posted on 25 May 2016 | 3:01 pm

Lost your shirt in the MtGox Bitcoin mess? Release the Kraken! - The Register


The Register

Lost your shirt in the MtGox Bitcoin mess? Release the Kraken!
The Register
The operators of the Kraken exchange will distribute $91m in Bitcoins to people left out of pocket by the 2014 MtGox collapse. Kraken, appointed to oversee the remains of the MtGox estate, says it has reviewed thousands of claims by MtGox's customers ...
Mt. Gox's trustee has finished examining claims for missing bitcoinsTechCrunch
Breaking: Tokyo Trustee Completes Review of All Mt. Gox ClaimsCryptoCoinsNews

all 6 news articles »

Posted on 25 May 2016 | 2:55 pm

Bitcoin Weekly 2016 May 25: US Postal Service looks into blockchain-technology, Bitcoin smart contracts by end of ... - SiliconANGLE (blog)


SiliconANGLE (blog)

Bitcoin Weekly 2016 May 25: US Postal Service looks into blockchain-technology, Bitcoin smart contracts by end of ...
SiliconANGLE (blog)
This week the Bitcoin community saw a fairly slow news cycle but there's still some gems to be found. The United States Postal Service released a report on Monday outlining the government's approach to using blockchain-technology to enhance what the ...

and more »

Posted on 25 May 2016 | 2:07 pm

Spanish Police Seize 6 Bitcoin Mines in Crackdown on Stolen TV Content - CoinDesk


CryptoCoinsNews

Spanish Police Seize 6 Bitcoin Mines in Crackdown on Stolen TV Content
CoinDesk
An investigation by Spanish authorities into the illegal distribution of paid television content has resulted in the seizure and destruction of six bitcoin mines used to launder proceeds from the alleged scheme. European law enforcement agency Europol ...
Six Bitcoin Mines Related to Criminal Ring Seized by Spanish PoliceCryptoCoinsNews

all 3 news articles »

Posted on 25 May 2016 | 9:48 am

Spain arrests 30 suspected of laundering money - CNBC


CNBC

Spain arrests 30 suspected of laundering money
CNBC
Spanish police said on Wednesday they had arrested 30 people suspected of illegally distributing pay television content and of laundering the proceeds by investing in bitcoin "mining" centers for processing transactions in the digital currency, which ...
Spanish police seize bitcoin mining centers, arrest 30 for money launderingZDNet
Spain arrests 30 suspected of laundering money in bitcoin centresDaily Mail
Bitcoin Wrongfully Accused of Involvement in Spanish Money Laundering SchemeThe Merkle

all 5 news articles »

Posted on 25 May 2016 | 8:51 am

The Arrival of Quantum Computing - Threat to Bitcoin? - CoinTelegraph


CoinTelegraph

The Arrival of Quantum Computing - Threat to Bitcoin?
CoinTelegraph
Hence, there could be a transition to a quantum-resistant algorithm in an orderly manner. The Bitcoin protocol could incorporate a new algorithm to be implemented after a certain block number, by which time all nodes would have to update the software ...

and more »

Posted on 25 May 2016 | 5:17 am

Coinbase Co-Founder: Ethereum Could 'Blow Past' Bitcoin - CoinDesk


CoinDesk

Coinbase Co-Founder: Ethereum Could 'Blow Past' Bitcoin
CoinDesk
In a sweeping, 2,500-word blog post today, Fred Ehrsam, the co-founder of one of the best funded blockchain startups, Coinbase, took aim at what he called a "stagnant" bitcoin community that he characterized as being outperformed by innovators working ...
Coinbase Co-Founder: "Ethereum Is Ahead of Bitcoin in Many Ways"CryptoCoinsNews
There is nothing that Bitcoin can do which Ethereum cant, Coinbase co-founder saysEconoTimes
One of the biggest bitcoin startups just took 'bitcoin' out of its Twitter bioRecode
The Merkle
all 6 news articles »

Posted on 24 May 2016 | 2:43 pm

Deloitte to Staff New Blockchain Lab With 50 Developers

Deloitte is assembling a team of 50 blockchain experts in Ireland to help lead the company's global expansion into the blockchain business.

Posted on 25 May 2016 | 12:19 pm

Spanish Police Seize 6 Bitcoin Mines in Crackdown on Stolen TV Content

Spanish police have seized and destroyed six bitcoin mines as part of an investigation into the illegal distribution of television content.

Posted on 25 May 2016 | 9:47 am

Japan Enacts Regulation for Digital Currency Exchanges

Japan’s national legislature approved a bill on Wednesday to regulate domestic digital currency exchanges.

Posted on 25 May 2016 | 7:19 am

Blockchain Startup Develops Identity App with Major Airline IT Firm

Blockchain startup ShoCard has developed a proof-of-concept focused on digital identity in partnership with a major airline IT firm.

Posted on 25 May 2016 | 5:31 am

Coinbase Co-Founder: Ethereum Could ‘Blow Past’ Bitcoin

In a new blog today, Coinbase exec Fred Ehrsam sought to position Ethereum as a competitor to bitcoin in the digital currency industry.

Posted on 24 May 2016 | 2:40 pm

Chinese Finance Giant Joins R3 Blockchain Consortium

A major Chinese financial firm has inked a new partnership with startup R3CEV.

Posted on 24 May 2016 | 1:56 pm

Federal Court Dismisses Bitcoin Startup BitPay's Phishing Lawsuit

A legal fight between bitcoin payment processor BitPay and a major insurance company has ended, court documents reveal.

Posted on 24 May 2016 | 10:18 am

Payment Processor Invests in Dubai-Based Bitcoin Startup

Payment service provider PayFort is among the investors in a seed funding round announced by Dubai-based bitcoin startup BitOasis.

Posted on 24 May 2016 | 6:00 am

Report: US Postal Service Could Create its Own Digital Currency

The US Postal Service has released a new report outlining how it could adopt blockchain technology within its operations.

Posted on 23 May 2016 | 10:24 pm

5 Members of US National Guard Arrested for Alleged Bitcoin Scam

A group of US Army National Guard members have been arrested and charged with a scheme to use bitcoin to purchase stolen credit cards

Posted on 23 May 2016 | 3:30 pm

Swedish Court Rules Against KnCMiner Mining Hardware Customers

A legal effort to sue bitcoin mining firm KnCMiner over product refunds has been dealt a blow in Sweden, court documents reveal.

Posted on 23 May 2016 | 2:49 pm

The Father of Futarchy Has an Idea to Reshape DAO Governance

The creator of Futarchy, a governance model founded on prediction markets Robin Hanson, discusses his concept in the context of DAOs.

Posted on 23 May 2016 | 11:24 am

Determining Jurisdiction When a DAO is Sued

Does distributed presence create distributed liability?

Posted on 22 May 2016 | 8:25 am

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

Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments

Over the past years, the Dutch town of Arnhem consistently made headlines for its exceptional Bitcoin project: Arnhem Bitcoincity. Launched...

The post Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments appeared first on Bitcoin Magazine.

Posted on

Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit

If you’ve ever needed an incentive to get fit, a new app launched in Britain could give you the boost you need. The new fitness app for...

The post Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit appeared first on Bitcoin Magazine.

Posted on

Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork

Although there has been some serious, public drama over scaling in the Bitcoin community for over a year, it appears that the community is...

The post Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork appeared first on Bitcoin Magazine.

Posted on

DARPA, NATO Looking at Military Applications of Blockchain Technology

Both the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense (DoD) and NATO have put out requests for...

The post DARPA, NATO Looking at Military Applications of Blockchain Technology appeared first on Bitcoin Magazine.

Posted on

Distributed: Trade Blockchain Hackathon Offers $25k in Prizes for Supply Chain and Finance Use Cases

BTC Media, the parent company of Bitcoin Magazine, and SixThirty recently announced a 24-hour blockchain hackathon with $25,000 in prize...

The post Distributed: Trade Blockchain Hackathon Offers $25k in Prizes for Supply Chain and Finance Use Cases appeared first on Bitcoin Magazine.

Posted on

Are Altcoins Bitcoin’s Friends or Enemies?

Altcoins have a long tradition in the Bitcoin community, but they tend to cause a contentious divide among those who think they’re useful...

The post Are Altcoins Bitcoin’s Friends or Enemies? appeared first on Bitcoin Magazine.

Posted on

May 25, 2016 -
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