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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

Microsoft accepts Bitcoin

Posted on 11 December 2014 | 5:06 am

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 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

Bitcoin Price Analysis: 5/24/2016 - CoinTelegraph


CoinTelegraph

Bitcoin Price Analysis: 5/24/2016
CoinTelegraph
In that case, Bitcoin's price will have a single most probable scenario, which is a formation of an upward movement of a larger scale, with minimal targets around $455. Such a scenario is completely dependent on the current structure of the upward ...

and more »

Posted on 24 May 2016 | 5:46 am

Bitcoin Production Will Drop By Half In July. How Will That Affect The Price? - Forbes


Forbes

Bitcoin Production Will Drop By Half In July. How Will That Affect The Price?
Forbes
One of the most fascinating aspects of the Bitcoin narrative is the trajectory of its price. Since its birth seven years ago, this abstract currency that only exists as computer code and/or in a small but rabid collective conscious has gone from ...
Kill Monsters, Get Bitcoin: Minecraft Server Releases Version 2.0, Opens Up “Satoshi Town”CoinTelegraph
What is Bitcoin?Computer Business Review

all 3 news articles »

Posted on 24 May 2016 | 5:30 am

Cryptocurrency Market for Bitcoin Worth $19.48 Billion in 2016 - newsBTC


newsBTC

Cryptocurrency Market for Bitcoin Worth $19.48 Billion in 2016
newsBTC
When looking at the cryptocurrency market as a whole, this movement is becoming quite popular and keeps increasing in value. Not all of that value – US$19.481 bn – stems forth from the Bitcoin price itself, but also the companies active in this space.

and more »

Posted on 24 May 2016 | 4:01 am

Bitcoin Gains Favor With Modern Day 'Gold Bugs' Seeking Financial Security - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Gains Favor With Modern Day 'Gold Bugs' Seeking Financial Security
CryptoCoinsNews
Kanishka Sukumar, a 24-year-old consultant in midtown Manhattan, holds about a third of his wealth in bitcoin. He represents a new generation of “gold bugs” who question the stability of paper currency or seek better ways to protect savings, according ...

Posted on 24 May 2016 | 3:58 am

Bitcoin Price Technical Analysis - Retracement Opportunity! - newsBTC


newsBTC

Bitcoin Price Technical Analysis - Retracement Opportunity!
newsBTC
Bitcoin price recently made a strong downside break, signaling that bears are taking control. Price is making a short-term pullback to the broken near-term support, offering an opportunity for more sellers to hop in. Bitcoin is testing the area of ...

and more »

Posted on 23 May 2016 | 10:00 pm

5 Members of US National Guard Arrested for Alleged Bitcoin Scam - CoinDesk


Vocativ

5 Members of US National Guard Arrested for Alleged Bitcoin Scam
CoinDesk
A group of US Army National Guard members have been arrested and charged with a scheme to use bitcoin to purchase stolen credit card numbers in order to make fraudulent purchases from a number of military bases. The Justice Department has said that ...
National Guardsmen Indicted For Bitcoin Identity Theft SchemeVocativ
Five U.S. National Guardsmen Accused For Bitcoin ScamEconoTimes

all 7 news articles »

Posted on 23 May 2016 | 3:32 pm

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


Bitcoin Magazine

Antpool Will Not Run SegWit Without Block Size Increase Hard Fork
Bitcoin Magazine
Although there has been some serious, public drama over scaling in the Bitcoin community for over a year, it appears that the community is mostly unified behind a single plan going forward, which is based on the “Bitcoin Roundtable Consensus.” There ...
Antpool wants hard fork code to be included in a release of Bitcoin CoreEconoTimes

all 2 news articles »

Posted on 23 May 2016 | 12:39 pm

Here's One Way of Saving the Winklevoss Twins' Bitcoin ETF Dream - Bloomberg


Bloomberg

Here's One Way of Saving the Winklevoss Twins' Bitcoin ETF Dream
Bloomberg
The Winklevoss twins seem to have the best timing but the worst luck. When the Winklevii filed for a physically backed bitcoin exchange-traded fund nearly three years ago, it created a stir. Their zeitgeist-capturing ETF filing garnered more press ...

and more »

Posted on 23 May 2016 | 9:18 am

I'm ditching traditional banks in favor of bitcoin—and you can, too - Quartz


Quartz

I'm ditching traditional banks in favor of bitcoin—and you can, too
Quartz
I've been interested in bitcoin (BTC) as a concept since its inception. Until recently, however, I considered bitcoin more of a cryptographic experiment than something that could affect my daily life. One of the biggest obstacles for me was practicality.
Bitcoin Catches On With Gold BugsWall Street Journal
What Bitcoin Pizza Day Can Teach Us TodayCoinTelegraph
Cryptocurrency Experts Predict Exponential Bitcoin Price GrowthnewsBTC
FxPips.com
all 6 news articles »

Posted on 23 May 2016 | 5:01 am

UAE 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

Dubai Government to Sponsor Upcoming Digital Currency Conference

Dubai is set to play host to a conference on digital currencies months after a blockchain effort in the country was first unveiled.

Posted on 23 May 2016 | 10:23 am

The DAO is a New Dow

This op-ed explores The DAO's creation in the context of existing stock exchanges, as well as the overall evolution of technology.

Posted on 22 May 2016 | 10:22 am

Determining Jurisdiction When a DAO is Sued

Does distributed presence create distributed liability?

Posted on 22 May 2016 | 8:25 am

Blockchain's Big Innovation is Trust, Not Money

In this opinion piece, a former Wall Street pro discusses why he believes the blockchain is best perceived as an innovation in distributed trust.

Posted on 21 May 2016 | 9:57 am

Ethereum Startup Offers Grants to Open Blockchain Developers

String Labs has announced its program to award grants to innovators building on the Ethereum blockchain. Permissioned ledgers need-not apply.

Posted on 20 May 2016 | 4:21 pm

Researchers Plan 'Unstoppable' DAO to Help Whales Save Themselves

A distributed ledger could help these researchers launch an unstoppable “Human-Whale-Robot-Hybrid” distributed autonomous organization.

Posted on 20 May 2016 | 11:55 am

Bitcoin Miners Follow Profit to Ethereum Blockchain

A well-known Chinese bitcoin miner gets into Ethereum as a wide range of high-profile organizations begin to capitalize on the digital currency.

Posted on 20 May 2016 | 11:16 am

Russia's 'Bitcoin Ban' Faces Uncertain Future After Draft Bill Withdrawn

A bill that would ban so-called money surrogates such as bitcoin in Russia has an uncertain future.

Posted on 19 May 2016 | 2:12 pm

Coinbase Exchange to Rebrand Following Ethereum Trading Launch

Bitcoin exchange and wallet service Coinbase is adding support for ether, the native cryptocurrency of the Ethereum network.

Posted on 19 May 2016 | 1:08 pm

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Sydney Stock Exchange Developing Blockchain Trading System

A stock exchange in Australia is developing a private equity market solution using blockchain technology.

Posted on 19 May 2016 | 9:30 am

The Law of The DAO

What is the legal status of The DAO? In this opinion piece, lawyer Drew Hinkes takes a deep dive into laws surrounding fundraising and more.

Posted on 19 May 2016 | 9:15 am

Apache Foundation Founder Named Hyperledger Executive Director

The founder of the Apache Software Foundation, Brian Behlendorf, joins the open-source Hyperledger Project as its first executive director.

Posted on 19 May 2016 | 6:28 am

Antpool Will Not Run SegWit Without 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 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

Holy DAO! Reflections on the $155 Million (And Growing) Autonomous Behemoth

DAO: a distributed, autonomous corporation. (A backgrounder can be found here.) Just more than a year ago, as I was completing work...

The post Holy DAO! Reflections on the $155 Million (And Growing) Autonomous Behemoth appeared first on Bitcoin Magazine.

Posted on

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Features From the Most Popular Altcoins Are Planned for Bitcoin

For many people involved with Bitcoin, altcoins are nothing more than testnets. Hundreds of digital currencies are currently listed on...

The post Features From the Most Popular Altcoins Are Planned for Bitcoin appeared first on Bitcoin Magazine.

Posted on

Holberton School Begins Tracking Student Academic Credentials on the Bitcoin Blockchain

Educational institutions are turning their attention to the public blockchain to record and verify student credentials. Under normal...

The post Holberton School Begins Tracking Student Academic Credentials on the Bitcoin Blockchain appeared first on Bitcoin Magazine.

Posted on

Erik Voorhees: Complying With BitLicense Would Have Made ShapeShift Hack Much Worse

The recent hacks at ShapeShift, a sort of vending machine for altcoins, has been one of the biggest stories in Bitcoin for the past few...

The post Erik Voorhees: Complying With BitLicense Would Have Made ShapeShift Hack Much Worse appeared first on Bitcoin Magazine.

Posted on

Mycelium Bitcoin Wallet Crowdsale Closes in on $1 Million Fundraise, Integrates Glidera

In a month of big news for the Bitcoin wallet, Mycelium has announced the integration of Glidera. Now, users can buy and sell bitcoin in the...

The post Mycelium Bitcoin Wallet Crowdsale Closes in on $1 Million Fundraise, Integrates Glidera appeared first on Bitcoin Magazine.

Posted on

May 24, 2016 -
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