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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 v0.9.0 released

Posted on 19 March 2014 | 6:44 am

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Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Bitcoin was 'Good as Gold' in the Brexit - Breitbart News


Breitbart News

Bitcoin was 'Good as Gold' in the Brexit
Breitbart News
Supporters have claimed that Bitcoin and other cryptocurrencies are the ideal protection from the destructive policies of central banks and their “fiat” currencies. They highlight that when the US Federal Reserve was founded by an Act of Congress in ...

and more »

Posted on 27 June 2016 | 1:06 am

Bitcoin Price Technical Analysis for 06/27/2016 - Bulls Ready to Charge Again? - newsBTC


newsBTC

Bitcoin Price Technical Analysis for 06/27/2016 - Bulls Ready to Charge Again?
newsBTC
Bitcoin price made a strong surge on Friday as the UK voted to exit the EU. This could mean an extended period of uncertainty in the financial markets, lending more support for alternative assets like bitcoin. Price appears to be drawing support from ...

and more »

Posted on 26 June 2016 | 10:06 pm

Capital Gains: Fresh funds for Chinese bitcoin, lots of fintech, art shopping and more - Recode


Recode

Capital Gains: Fresh funds for Chinese bitcoin, lots of fintech, art shopping and more
Recode
Social payments startup Circle is moving into China to take on Tencent and Alibaba's Alipay, and it just raised a $60 million round from a group of investors that includes Tencent and Alibaba rival Baidu (Bloomberg). The makers of InVision, a software ...

Posted on 26 June 2016 | 5:08 pm

American Institute of CPA Seeks Clarification on Bitcoin Taxes from IRS - newsBTC


American Institute of CPA Seeks Clarification on Bitcoin Taxes from IRS
newsBTC
Should Bitcoin be taxable? The question is a ticking time bomb, worthy of a fiery debate. Most people in the bitcoin community believe that the digital currency should not be taxable, as the founder(s) had originally intended. Bitcoin was created as an ...

Posted on 26 June 2016 | 2:30 pm

Ethereum's Woes Haven't Hurt Bitcoin: Wonder Why? - CryptoCoinsNews


CryptoCoinsNews

Ethereum's Woes Haven't Hurt Bitcoin: Wonder Why?
CryptoCoinsNews
Martin Tillier, a financial advisor who writes for Nasdaq, says the recent DAO hack shows there is a vulnerability in Ethereum and that while some might have thought it would reflect negatively on bitcoin, bitcoin's price activity demonstrates the reverse.
Bitcoin Blockchain is the Last Economic Fortress, Provides the Unbanked with JobsCoinTelegraph
Bitcoin and Blockchain Leading the Revolution in the Global Monetary SystemModern Diplomacy
Bitcoin VS Ethereum: Cryptocurrency Comparison99 Bitcoins (blog)

all 7 news articles »

Posted on 26 June 2016 | 2:06 pm

Why Focusing on Bitcoin's Customer Experience Matters - CoinDesk


CoinDesk

Why Focusing on Bitcoin's Customer Experience Matters
CoinDesk
Martin Hagelstrom is a bitcoin enthusiast, project executive and consultant working on IT projects at IBM. In this opinion piece, Hagelstrom looks at how bitcoin can grow to mass adoption in a market full of digital payments systems run by tech and ...

Posted on 26 June 2016 | 10:24 am

Fixing Bitcoin's Big UX Problem - CoinDesk


CoinDesk

Fixing Bitcoin's Big UX Problem
CoinDesk
Richard Svinkin is co-founder and COO at bitcoin remittance service Freemit, and a former UX lead for Kodak and Merck. In this opinion piece, Svinkin argues that the bitcoin industry's attempts to revamp the technology's user experience have so far ...

Posted on 26 June 2016 | 8:18 am

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Bitcoin Price Running Out Of Brexit Buyers - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Running Out Of Brexit Buyers
CryptoCoinsNews
Since bitcoin price remains below the 1-day chart's 20MA, speculators should consider a funds allocation of 40:60 BTC vs fiat until we see a confirmation of a return to uptrend. Margin traders should remain patient for today's signal to become ...

Posted on 26 June 2016 | 8:13 am

As Global Currencies Plunge Over Brexit, Investors Turn to Bitcoin - Fortune


Fortune

As Global Currencies Plunge Over Brexit, Investors Turn to Bitcoin
Fortune
Bitcoin, the cryptocurrency that had been plunging in recent days, is soaring on Friday after the Brexit vote. As of this writing, Bitcoin is trading at $667.41 per unit, up significantly from a Thursday low of $582.92. At its height, Bitcoin was ...
Bitcoin value surges as British pound tanks on BrexitThe Verge
Bitcoin Buyers Seek Haven From British Pound After Brexit VoteBloomberg
Bitcoin plunges nearly 25% in 6 days: Here's 3 reasons whyCNBC
Yahoo Finance -CoinDesk -TechCrunch
all 80 news articles »

Posted on 24 June 2016 | 10:01 am

Why Focusing on Bitcoin's Customer Experience Matters

IBM's Martin Hagelstrom looks at how bitcoin can achieve growth in a market full of digital payments systems run by tech and finance giants.

Posted on 26 June 2016 | 10:18 am

Fixing Bitcoin's Big UX Problem

Richard Svinkin is co-founder and COO at bitcoin remittance service Freemit, and a former UX lead for Kodak and Merck. In this opinion piece, Svinkin argues that the bitcoin industry's attempts to revamp the technology's user experience have so far been misguided, and that they may have obscured the true value of the technology. The […]

Posted on 26 June 2016 | 8:18 am

Understanding The DAO Hack for Journalists

Blockchain strategist David Siegel gives a step-by-step overview of the attack on The DAO for journalists and media members.

Posted on 25 June 2016 | 9:00 am

Ethereum for the Overwhelmed Layman

Confused about Ethereum? Cryptocurrency investment fund manager Jacob Eliosoff gives his ELI5 overview of the emerging tech.

Posted on 25 June 2016 | 6:00 am

Needham: 'Brexit' Boosts Bitcoin Price, But Too Early to Call it a Safe Haven

A new research note from Needham & Company asserts it might be too early to call bitcoin a “safe haven” asset.

Posted on 24 June 2016 | 2:18 pm

Blockchain Startup Everledger Joins MasterCard Incubator

MasterCard has selected diamond provenance startup Everledger for its summer startup incubator. One of seven companies to join the 2016 Start Path Global program, Everledger will receive assistance from MasterCard to scale its operations and enter new markets. The startups will begin the program by working with MasterCard during a week-long immersion in London, followed […]

Posted on 24 June 2016 | 11:59 am

BNP Paribas Lab to Focus on Distributed Ledgers

BNP Paribas Securities Services has announced a new innovation lab that will focus on big data and distributed ledger tech.

Posted on 24 June 2016 | 8:50 am

CoinDesk’s Ethereum Research Report Now Available

CoinDesk Research has released "Understanding Ethereum", a 48-page deep dive into one of the most exciting blockchain projects today.

Posted on 24 June 2016 | 8:00 am

The DAO Shows Blockchain Can't Code Away Social Problems

CoinDesk columnist Bailey Reutzel takes aim at what she believes are the social misconceptions that led to the debacle at The DAO.

Posted on 24 June 2016 | 6:30 am

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Survey: Blockchain Capital Markets Spending to Reach $1 Billion in 2016

A new survey estimates that finance companies will invest as much as $1bn on blockchain initiatives related to capital markets in 2016.

Posted on 23 June 2016 | 2:34 pm

Ex-Ethereum CEO: Foundation Should Not Intervene to Save The DAO

Ethereum's first CEO said he believes the current situation at The DAO was fueled by "greed and arrogance".

Posted on 23 June 2016 | 1:58 pm

Dutch Central Bank Presents Results of Cryptocurrency Experiments

A senior official for the central bank of The Netherlands recently presented the results of two internal cryptocurrency tests.

Posted on 23 June 2016 | 11:59 am

Toyota Financial Services Joins R3 Consortium

Toyota joins R3CEV, making it the first member of the auto industry to join the distributed ledger consortium.

Posted on 23 June 2016 | 9:23 am

Poland to Explore Blockchain Tech in Government Digitization Effort

Poland's Ministry of Digital Affairs is taking steps that may find it promoting digital currencies and blockchain technology.

Posted on 23 June 2016 | 8:05 am

Colu Raises $9.6 Million to Promote Blockchain-Based Local Currencies

Tel Aviv-based blockchain startup Colu has raised $9.6m amid a shift in its business model to local currency issuance.

Posted on 22 June 2016 | 10:59 pm

Bitcoin Price Drops Below $600 As ‘Brexit’ Hopes Falter

The price of bitcoin fell $100 during a five-hour span today, dropping 15% over the current session as macroeconomic worries faded.

Posted on 22 June 2016 | 8:42 pm

BTCC's Bobby Lee: Chinese Capital Controls Not a Factor in Recent Bitcoin Price Rise

As the price of Bitcoin continues its wild ride, expert observers weigh in on the reasons: China, halving, Japan, Brexit ‒ all seen as...

The post BTCC's Bobby Lee: Chinese Capital Controls Not a Factor in Recent Bitcoin Price Rise appeared first on Bitcoin Magazine.

Posted on

Sweden Conducts Trials of a Blockchain Smart Contracts Technology for Land Registry 

The Swedish National Land Survey (Lantmäteriet) recently announced that it is conducting trials of a system that uses blockchain technology...

The post Sweden Conducts Trials of a Blockchain Smart Contracts Technology for Land Registry  appeared first on Bitcoin Magazine.

Posted on

A Legal Analysis of the DAO Exploit and Possible Investor Rights

Important Disclaimer: NOTHING HEREIN IS INTENDED TO BE UNDERSTOOD AS LEGAL ADVICE. CONSULT A LAWYER QUALIFIED TO PROVIDE LEGAL ADVICE IN...

The post A Legal Analysis of the DAO Exploit and Possible Investor Rights appeared first on Bitcoin Magazine.

Posted on

Bank of England Launches Fintech Accelerator, Partners With PwC on Distributed Ledger Project

In a speech prepared for the Lord Mayor’s Banquet for Bankers and Merchants of the City of London at the Mansion House, Mark Carney,...

The post Bank of England Launches Fintech Accelerator, Partners With PwC on Distributed Ledger Project appeared first on Bitcoin Magazine.

Posted on

What Are the Use Cases for Private Blockchains? The Experts Weigh In

Many people argue that private blockchains, run by private firms, are useless, since they make users dependent upon a third party ‒ the firm...

The post What Are the Use Cases for Private Blockchains? The Experts Weigh In appeared first on Bitcoin Magazine.

Posted on

Caricoin Launches Bitcoin Wallet for the Financially Underserved in the Caribbean

U.K.-based Bitcoin startup Caricoin recently announced the launch of a Bitcoin wallet for the Caribbean. The wallet has been developed in...

The post Caricoin Launches Bitcoin Wallet for the Financially Underserved in the Caribbean appeared first on Bitcoin Magazine.

Posted on

The Ethereum Community Debates Soft Fork to Blacklist Funds in Wake of $50M DAO Heist

The DAO, a decentralized autonomous organization built on the Ethereum blockchain, has been the subject of a continued hack today that has...

The post The Ethereum Community Debates Soft Fork to Blacklist Funds in Wake of $50M DAO Heist appeared first on Bitcoin Magazine.

Posted on

June 27, 2016 -
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