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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

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 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

Bitcoin Price And Brexit - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price And Brexit
CryptoCoinsNews
The bitcoin price chart advanced $140 since yesterday's low. In the meantime markets rudely awoke to find Brexit had come true. Chaos ensued, but the bitcoin market keeps ticking like clockwork. This analysis is provided by xbt.social with a 3-hour delay.

Posted on 24 June 2016 | 10:14 am

Advertise with Anonymous Ads

Bitcoin jumps to $680 as Brexit vote upends stocks - MarketWatch


Bitcoin jumps to $680 as Brexit vote upends stocks
MarketWatch
Bitcoin prices have rebounded from a massive selloff earlier in the week as investors sought succor in digital currencies after global stocks plunged in the wake of the U.K.'s vote to leave the European Union. The price of a single coin gained more ...

Posted on 24 June 2016 | 9:03 am

Summer of SegWit: Bitcoin Core Begins Segregated Witness Soft Fork - CoinTelegraph


CoinTelegraph

Summer of SegWit: Bitcoin Core Begins Segregated Witness Soft Fork
CoinTelegraph
News of the advancement forward of Segregated Witness, or SegWit, made waves on Reddit's r/Bitcoin Thursday afternoon in the form of a single forum discussion screen capture posted on Imgur. This pic seems to indicate a discussion by the Core ...
Updated: Segregated Witness Merged Into Bitcoin Core ReleaseBitcoin Magazine
Segwit Appoaches But It May Not Satisfy The DebateLive Bitcoin News

all 3 news articles »

Posted on 24 June 2016 | 6:24 am

Bitcoin surges past $650 as Brexit result sends UK Pound tumbling to 30-year low - TechCrunch


Bitcoin surges past $650 as Brexit result sends UK Pound tumbling to 30-year low
TechCrunch
That drop was thought by some be related to the British referendum on continued EU membership, but once the result was clear — with multiple media calling it a win for the Leave campaign — bitcoin grew legs and jumped past $650 just one day after it ...

Posted on 24 June 2016 | 1:28 am

Quoine raises $16 million for bitcoin exchange of exchanges - VentureBeat


VentureBeat

Quoine raises $16 million for bitcoin exchange of exchanges
VentureBeat
Singapore-based Quoine, the startup offering a bitcoin exchange and other cryptocurrency-related services, announced today that it has secured a total of $16 million in a series B round.Following a series A round when the company raised $2 million from ...
Bitcoin exchange Quoine raises $20 mln in latest fundingEconoTimes

all 2 news articles »

Posted on 24 June 2016 | 1:25 am

Bitcoin Rollercoaster Rides Brexit As Ether Price Holds Amid DAO Debacle

Bitcoin and ether prices rode a rollercoaster during the week ending 24th June, a period defined by the UK's vote to leave the European Union.

Posted on 24 June 2016 | 4:30 pm

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

31 Chinese Firms Form Financial Blockchain Consortium

A group of technology and finance companies in Shenzhen, China, have launched a new blockchain consortium.

Posted on 24 June 2016 | 10:50 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

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

Bitcoin Price Spikes to $650 as Outlook Shifts for ‘Brexit’

The price of bitcoin is rising at press time, passing the $650 mark just a day after dropping to a weekly low of $550.

Posted on 23 June 2016 | 9:12 pm

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

Mizuho Tests Digital Currency-Powered Settlement

Built in partnership with IBM Mizuho Financial Group announced today that it has tested the use of a token-based blockchain settlement system.

Posted on 23 June 2016 | 6:43 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

Blockchain Startup Circle Raises $60 Million Amid China Expansion

Blockchain-based social payments app Circle has raised $60m in new funding as it expands to China.

Posted on 22 June 2016 | 5:23 pm

Cornell Professor Calls for 'DAO 2.0' Movement

Emin Gün Sirer already helped identify the bug that led to an expensive exploit of The DAO. Now he's helping ensure future DAOs are safe.

Posted on 22 June 2016 | 1:46 pm

Segregated Witness Will Be Merged Into Bitcoin Core Release Soon

During a Bitcoin Core development meeting on Thursday, it was decided that the code for Segregated Witness (SegWit) is ready to be merged...

The post Segregated Witness Will Be Merged Into Bitcoin Core Release Soon appeared first on Bitcoin Magazine.

Posted on

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

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

The DAO Was Not Hacked | Mt. Gox 2.0

Editor's note: This is a guest post by Steve Patterson and the opinions offered are those of the author alone. Until recently, I’ve remained...

The post The DAO Was Not Hacked | Mt. Gox 2.0 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

Understanding the Lightning Network, Part 3: Completing the Puzzle and Closing the Channel

The Lightning Network is probably the most highly anticipated technological innovation that will be deployed on top of Bitcoin. The payment...

The post Understanding the Lightning Network, Part 3: Completing the Puzzle and Closing the Channel appeared first on Bitcoin Magazine.

Posted on

June 24, 2016 -
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