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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

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

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 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

Bitcoin Tracker: Bitcoin Flies High - PYMNTS.com


PYMNTS.com

Bitcoin Tracker: Bitcoin Flies High
PYMNTS.com
This week saw bitcoin's price jump over its previous 2016 high to reach a high of $778.14 today (Dec. 2) — well over November's average price of about $725. Current numbers put the price at $769.79 at the time of writing. These things can change by ...

Posted on 2 December 2016 | 11:57 am

Bitcoin price climbs to highest level in nearly 3 years - MarketWatch


MarketWatch

Bitcoin price climbs to highest level in nearly 3 years
MarketWatch
The price of a single bitcoin US:BTCUSD touched $777 on Friday, its strongest level since February 2014, when reports that hackers had stolen millions of dollars' worth of customers' bitcoins from Mt. Gox, formerly one of the world's largest bitcoin ...

and more »

Posted on 2 December 2016 | 11:10 am

Bitcoin Price Reaches New 2016 High; Highest Value Since 2014 - CoinTelegraph


CoinTelegraph

Bitcoin Price Reaches New 2016 High; Highest Value Since 2014
CoinTelegraph
According to BitcoinAverage, the price of Bitcoin passed the $760 mark on Thursday night, marking a new high for 2016 and eclipsing the $758 value from the last day of Spring on June 19, 2016. The average Bitcoin price has not been at this level since Feb.

and more »

Posted on 2 December 2016 | 7:21 am

Coinbase Seeks Patent for Bitcoin Private Key Security System - CoinDesk


Coinbase Seeks Patent for Bitcoin Private Key Security System
CoinDesk
Bitcoin and ether exchange startup Coinbase is seeking a patent for a security system for bitcoin private keys. According to an application published on 24th November by the US Patent and Trademark Office (USPTO), Coinbase is aiming to patent a ...

Posted on 2 December 2016 | 6:54 am

Bitcoin Loan Platform BitLendingClub to Shut Down - CoinDesk - CoinDesk


Bitcoin Loan Platform BitLendingClub to Shut Down - CoinDesk
CoinDesk
Peer-to-peer bitcoin lending platform BitLendingClub has announced that it is shutting down next year. First detailed in an email to users and later a blog post on ...

and more »

Posted on 2 December 2016 | 6:17 am

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Court Rules IRS Can Seek Information on Bitcoin Customers - Wall Street Journal


Wall Street Journal

Court Rules IRS Can Seek Information on Bitcoin Customers
Wall Street Journal
The IRS and the Justice Department are looking for information about the use of the digital currency bitcoin and the possibility that it has been used to evade federal tax laws over the three-year period. The agencies don't have any proof of tax ...
Feds look for tax evaders who used bitcoinCNNMoney
Bitcoin service ordered to hand over three years of user records to IRSThe Verge
Bitcoin anonymity no longer guaranteed; summons served to U.S. exchangeDigital Trends
Gizmodo -UPI.com -Forbes -US Department of Justice
all 79 news articles »

Posted on 30 November 2016 | 10:15 pm

There Is Only One Solution To The Bitcoin Scaling Debate - Forbes - Forbes


Forbes

There Is Only One Solution To The Bitcoin Scaling Debate - Forbes
Forbes
The Bitcoin scaling debate goes on and on. The argument is not over whether Bitcoin should scale up: clearly, if it is to become a serious challenger to ...

and more »

Posted on 30 November 2016 | 9:27 am

Bitcoin's Blue Chip - Forbes


Forbes

Bitcoin's Blue Chip
Forbes
On March 18, 2013, the government dropped a bombshell on Coinbase, a two-man San Francisco startup that had attracted 30,000 users to its cloud-based “wallet” service for buying, storing and spending bitcoins. That day the U.S. Financial Crimes ...

Posted on 30 November 2016 | 4:03 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

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

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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

Zcash Prices Are Finally Beginning to Show Some Stability

Zcash (ZEC) price movements enjoyed relative stability on 30th November, contrasting with its volatile early history.

Source

Posted on 1 December 2016 | 5:30 am

A Judge Just Cleared the Way for the IRS to Seek Coinbase Customer Data

The IRS can serve bitcoin and ether exchange startup Coinbase with a summons for information about its users, a federal judge has ordered.

Source

Posted on 30 November 2016 | 3:41 pm

Japan Exchange Group Expands Blockchain Trials

The Japan Exchange Group (JPX) has formed a consortium between several companies within its umbrella to test a blockchain proof-of-concept.

Source

Posted on 30 November 2016 | 12:36 pm

Illinois Unveils Blockchain Policy in Bid to Attract Industry Innovators

The State of Illinois today announced an ambitious plan to encourage government and private sector blockchain innovation.

Source

Posted on 30 November 2016 | 10:50 am

IBM Tests Blockchain for Supply Chain With India’s Mahindra Group

Indian business conglomerate Mahindra Group is working with IBM to develop blockchain-based supply chain applications.

Source

Posted on 30 November 2016 | 9:42 am

WeChat-Inspired Wallets Are Coming to Ethereum

Ethereum will soon be getting a wallet with a WeChat-like interface.

Source

Posted on 30 November 2016 | 5:28 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

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 3, 2016 -
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