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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

Mozilla accepting Bitcoin

Posted on 20 November 2014 | 1:55 pm

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

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

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

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 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

Moving toward Regulation, Vietnam Could Legalize Bitcoin - CryptoCoinsNews


CalvinAyre.com

Moving toward Regulation, Vietnam Could Legalize Bitcoin
CryptoCoinsNews
The Vietnamese government is working toward building and introducing a comprehensive legal framework surrounding virtual currencies like bitcoin, a report has revealed. As a country that has seen its fair share of mainstream pyramid schemes misusing ...
Shared Experience - How do you inspire innovation?CalvinAyre.com

all 4 news articles »

Posted on 5 December 2016 | 5:33 am

Bitcoin Price Watch; A Big Week Ahead - newsBTC


newsBTC

Bitcoin Price Watch; A Big Week Ahead
newsBTC
OK then, let's get things kicked off for w fresh week's worth of trading in the bitcoin price. Price moved a little over the weekend, with a bit of volatility here and there serving up a few entry opportunities. That said, we didn't really see any ...

Posted on 5 December 2016 | 4:41 am

Bitcoin $800 Price Alert As Pro-EU Italian Prime Minister Resigns After Referendum - CoinTelegraph


CoinTelegraph

Bitcoin $800 Price Alert As Pro-EU Italian Prime Minister Resigns After Referendum
CoinTelegraph
Those of you who are Bitcoin veterans know that political upheaval, economic turmoil and general uncertainty in the global markets are great for the value of Bitcoin in the immediate future. For those that are new to the Bitcoin community, welcome to ...
Bitcoin May Go Up if Italy Referendum Votes 'No'Investopedia

all 1,578 news articles »

Posted on 5 December 2016 | 3:52 am

Polish Bitcoin Exchanges Host Child Care Home Fundraiser - newsBTC


newsBTC

Polish Bitcoin Exchanges Host Child Care Home Fundraiser
newsBTC
Anyone in the world can participate in the Bitcoin fundraiser. BitBay and Bitcantor customers, as well as non-clients, can all contribute to the good cause.
Polish cryptocurrency exchanges organize bitcoin Christmas ...EconoTimes

all 2 news articles »

Posted on 5 December 2016 | 3:08 am

China Restricts Gold Importation, Increasing Bitcoin Demand - CoinTelegraph


CoinTelegraph

China Restricts Gold Importation, Increasing Bitcoin Demand
CoinTelegraph
Last week, Cointelegraph reported that the Indian government had planned to ban the importation of gold and impose heavy taxes on gold investors. On Dec. 1, China also restricted the importation of gold in order to prevent capital leaving the country.

Posted on 4 December 2016 | 6:09 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
Reason (blog) -Digital Trends -Gizmodo
all 86 news articles »

Posted on 2 December 2016 | 7:14 am

The Blockchain Milestone You May Have Missed

CoinDesk's Noelle Acheson argues one of last week's most important blockchain developments may have been overlooked.

Source

Posted on 5 December 2016 | 5:39 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

Evolution of Kadena, the First Real Private Blockchain

George Samman outlines how the consensus algorithm achieved by Raft was finally fixed by its distant relative, Kadena.

Source

Posted on 4 December 2016 | 9:48 am

Illinois Seeks 'Light Touch' Blockchain Regulation With New Roadmap

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

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

Coinbase Seeks Patent for Bitcoin Private Key Security System

Bitcoin and ether exchange startup Coinbase is seeking a patent for a security system for bitcoin private keys.

Source

Posted on 2 December 2016 | 6:51 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

The Bitcoin Price Keeps Breaching $750

Bitcoin surpassed $750 on 1st December, rising past this key psychological level but failing to reach $755.

Source

Posted on 1 December 2016 | 3:21 pm

How Developers Are Responding to Ethereum's Unexpected Fork

An unintentional split of the network was the latest event to shake ethereum.

Source

Posted on 1 December 2016 | 10:59 am

Finland's Central Bank Organizes Blockchain Event

Finland’s central bank co-organized a seminar on blockchain last week.

Source

Posted on 1 December 2016 | 10:01 am

Australian Digital Currency Advocates Launch Self-Regulation Effort

Digital currency advocates in Australia have launched a new code of conduct initiative aimed at promoting self-regulation.

Source

Posted on 1 December 2016 | 8:43 am

Major Japanese Banks Seek Lower Costs With Blockchain Payments

A group of major Japanese banks has published the first results of a blockchain interbank payments trial.

Source

Posted on 1 December 2016 | 6:59 am

China's Huiyin Group Launches $20 Million Bitcoin Fund

Multibillion-dollar investment company Huiyin Group has launched a $20m bitcoin-focused investment fund.

Source

Posted on 1 December 2016 | 6:10 am

Ross Ulbricht Reflects on Life in Prison; New Proof of Evidence-Tampering by Law Enforcement

Today, in a breaking development, Ross Ulbricht’s defense team has revealed that on November 18, 2013, someone logged into accounts on the...

The post Ross Ulbricht Reflects on Life in Prison; New Proof of Evidence-Tampering by Law Enforcement 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

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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

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

Bitcoin Black Friday Deals for the Digital Currency Enthusiast

On the day after American Thanksgiving, bitcoiners (along with everyone else) will begin their holiday shopping in earnest, with Bitcoin...

The post Bitcoin Black Friday Deals for the Digital Currency Enthusiast appeared first on Bitcoin Magazine.

Posted on

December 5, 2016 -
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