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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

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

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 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 ...
Selling Botnets And Stealing Bitcoin Gets Darkode Forum User One Year In JailTechworm
Darkode Forum User Gets One Year in Jail for Selling Botnet & Stealing BitcoinSoftpedia News

all 3 news articles »

Posted on 30 May 2016 | 1:57 am

Bitcoin's Price Explodes, Is $600 Around the Corner? - Bitcoinist.net


Bitcoinist.net

Bitcoin's Price Explodes, Is $600 Around the Corner?
Bitcoinist.net
As one source states, bitcoin fanatics have China to thank for the sudden jump. It appears that bitcoin traded in CNY on the Huobi exchange shot past the 3800 CNY mark (over $580 USD each) approximately 48 hours ago, suggesting a massive spike in ...
Bitcoin climbs above $500 for first time since August 2014Nasdaq
Ethereum Price Virtually Unchanged Despite Bitcoin Bull RushnewsBTC
Weakening Chinese yuan pushes Bitcoin to hit $500 sweet spotCalvinAyre.com
The Merkle -Finance Magnates -Live Bitcoin News
all 11 news articles »

Posted on 30 May 2016 | 12:00 am

Quartz Daily Brief—Europe and Africa edition—Bitcoin rally, hedge fund reckoning, high-end Chinese wine - Quartz


Quartz Daily Brief—Europe and Africa edition—Bitcoin rally, hedge fund reckoning, high-end Chinese wine
Quartz
A continuation of bitcoin's rally. There's little consensus as to why it's surging, but the cryptocurrency hit its highest price since August 2014 over the weekend. French economic data. France will release GDP data for the first quarter, as the ...

Posted on 29 May 2016 | 11:26 pm

Bitcoin Price Technical Analysis - Aiming for Next Resistance Levels - newsBTC


newsBTC

Bitcoin Price Technical Analysis - Aiming for Next Resistance Levels
newsBTC
Bitcoin price made a strong breakout from the $500 yearly highs, indicating its potential to keep the bullish run going. Zooming out to the longer-term weekly chart shows the next possible resistance levels. However, technical indicators are hinting ...

and more »

Posted on 29 May 2016 | 9:28 pm

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

The price of bitcoin just surged to a 20-month high - Quartz


Quartz

The price of bitcoin just surged to a 20-month high
Quartz
Bitcoin is having a great weekend. Since Friday morning, the price of bitcoin has increased 15% and briefly reached $530. That's the cryptocurrency's highest price since August 2014, when bitcoin traded around $532. The market value of all bitcoin in ...
Australia to auction $11.5 million confiscated bitcoinsCNBC
MarketsBitcoin's dollar value spikes as auction announcedFinancial Times
Bitcoin values have spiked - but no one is sure whyNewstalk 106-108 fm
CoinDesk -Business Insider Australia -The Australian
all 27 news articles »

Posted on 29 May 2016 | 1:35 pm

Bitcoin Price Analysis (Week of May 29th) - CoinTelegraph


CoinTelegraph

Bitcoin Price Analysis (Week of May 29th)
CoinTelegraph
The power of this dynamic was dependent on whether the long-term trend was continuing. As we have said many times already, the longer the flat, the more powerful the impulse which follows it. Bitcoin's price has broken through all the key maximums of ...

Posted on 29 May 2016 | 11:31 am

Bitcoin Price Advances Above $500 - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Advances Above $500
CryptoCoinsNews
Like most price charts, the bitcoin price chart tends to retrace trending moves by 50%. The level from which such a price correction will occur remains to be seen. It may be that the past two days' string advance warrants a correction from the current ...

and more »

Posted on 29 May 2016 | 9:41 am

Venezuelan Pastry Shop Accepts Bitcoin Despite Public Distrust - CryptoCoinsNews


CryptoCoinsNews

Venezuelan Pastry Shop Accepts Bitcoin Despite Public Distrust
CryptoCoinsNews
A Venezuelan pastry shop, Tortas Don Eduardo, accepts bitcoin, despite the fact that acceptance has been slow, according to diariobitcoin.com, a Latin American bitcoin journal. The proprietor, Eduardo Hernandez, investigated bitcoin while using the web ...
A Venezuelan pastry shop starts accepting bitcoinEconoTimes

all 2 news articles »

Posted on 29 May 2016 | 7:57 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

Was Ether's Loss Bitcoin's Gain? Traders Wonder After Wild Week

The price of bitcoin appreciated nearly 4% for the week ending 27th May.

Posted on 27 May 2016 | 3:47 pm

Kraken to Add DAO Trading as Critics Call for ‘Moratorium’

Amid a vibrant public debate, digital currency exchange operator Kraken has announced it will begin trading The DAO tokens.

Posted on 27 May 2016 | 2:55 pm

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

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

Nasdaq Opens Blockchain Services to Global Exchange Partners

Nasdaq's new financial infrastructure hub could pave the way for other exchanges to start using blockchain technology in a wide range of services.

Posted on 26 May 2016 | 12:18 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

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

Can a New Social Operating System Fix The DAO?

An Ethereum startup led by a Harvard Berkman researcher is submitting a proposal to fix The DAO, the largest autonomous organization.

Posted on 25 May 2016 | 2:26 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

BunkerChain Labs Takes on Fraud in Online Gaming Using the Blockchain

In a bid to provide the online gaming industry with a transparent and provably fair wagering platform, ex-military nuclear bunker and data...

The post BunkerChain Labs Takes on Fraud in Online Gaming Using the Blockchain 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

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

May 30, 2016 -
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