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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

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

Bitcoin Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 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

World's Best Performing Currency: Bitcoin Inflation Rate Drops To 4% - CoinTelegraph


CoinTelegraph

World's Best Performing Currency: Bitcoin Inflation Rate Drops To 4%
CoinTelegraph
The Bitcoin monetary inflation rate decreased from 30~50% in 2011 to 4% this year, demonstrating the rapid mainstream adoption of the cryptocurrency in various markets. Systematically and mathematically, the monetary inflation rate of Bitcoin is ...

Posted on 25 September 2016 | 6:33 am

Watsi Lets Bitcoin Users Help Cover Medical Bills Of Those In Need - The Merkle


The Merkle

Watsi Lets Bitcoin Users Help Cover Medical Bills Of Those In Need
The Merkle
It is always good to see charitable organizations venture into the world of Bitcoin and cryptocurrency. Watsi is an organization best known for their health care funding efforts for people around the world. According to their website, nearly 9,000 ...

Posted on 25 September 2016 | 5:57 am

Dissent in Bitcoin Community Become Visible, NodeCounter Voices its Opinion - newsBTC


newsBTC

Dissent in Bitcoin Community Become Visible, NodeCounter Voices its Opinion
newsBTC
NodeCounter, a website that allows people to visualize Bitcoin mining statistics has made an announcement, calling for the cryptocurrency community to boycott Bitcoin. This is the second such announcement by the platform as it voices its frustration ...

Posted on 25 September 2016 | 12:44 am

Bitcoin Price Weekly Analysis – $605-10 Is Crucial For BTC/USD? - newsBTC


newsBTC

Bitcoin Price Weekly Analysis – $605-10 Is Crucial For BTC/USD?
newsBTC
Bitcoin price after trading in a range versus the US Dollar above the $600 level for some time found sellers and moved down. There was a sharp downside reaction, taking the price towards $580 where somehow the bulls appeared. The price traded as low as ...

and more »

Posted on 24 September 2016 | 11:01 pm

Goldman Sachs To Cut Jobs In Asia While Bitcoin Thrives - newsBTC


newsBTC

Goldman Sachs To Cut Jobs In Asia While Bitcoin Thrives
newsBTC
China, Hong Kong, and Singapore will all see higher unemployment rates due to Goldman Sachs. These three regions have all grown keen on Bitcoin as of late, though, albeit it remains unknown whether or not that is another driving factor for this decision.

and more »

Posted on 24 September 2016 | 2:30 pm

Winter is Coming: Bitcoin Mining for Heat (And Profit) - CoinDesk


CoinDesk

Winter is Coming: Bitcoin Mining for Heat (And Profit)
CoinDesk
It used to be that you could use your CPU or GPU to mine bitcoin. But then the price of bitcoin started rising and people began to realize how much money could be earned, and – with the resulting rise in mining difficulty – only those that could afford ...

Posted on 24 September 2016 | 12:44 pm

A Bitcoin Auction For Night Owls | PYMNTS.com - PYMNTS.com


PYMNTS.com

A Bitcoin Auction For Night Owls | PYMNTS.com
PYMNTS.com
The Winklevosses have started a daily bitcoin auction for night owls, a profiteer-cum-criminal of bitcoin denies the digital currency is money after all and Purse ...
New Announcement From Winklevoss Twins May Boost Bitcoin PriceBitcoinist.net

all 5 news articles »

Posted on 23 September 2016 | 6:00 am

Winter is Coming: Bitcoin Mining for Heat (And Profit)

Winter is coming... So does it make sense to use bitcoin miners to subsidise your heating costs? CoinDesk investigates.

Source

Posted on 24 September 2016 | 12:30 pm

The Looming War for Blockchain Patents

There’s a patent land grab developing that could potentially make doing business more challenging for blockchain startups.

Source

Posted on 24 September 2016 | 6:40 am

Swiss Finance Infrastructure Firm Testing Blockchain with Digital Asset

A major financial infrastructure provider in Switzerland is developing a proof-of-concept focused on securities market infrastructure.

Source

Posted on 23 September 2016 | 9:20 am

World's Largest Mining Company to Use Blockchain for Supply Chain

The world's largest mining firm as ranked by PwC intends to begin using the ethereum blockchain to improve its supply chain processes.

Source

Posted on 23 September 2016 | 4:01 am

China's Financial Firms Urge Regulators to Help Mature Blockchain

China’s major financial institutions believe governance should not be replaced in any larger transitions to blockchain.

Source

Posted on 22 September 2016 | 10:28 pm

Blockchain to Drive Wanxiang's $30 Billion Smart Cities Initiative

Auto giant Wanxiang announced today that it will be using blockchain as part of its newly announced smart cities program.

Source

Posted on 22 September 2016 | 7:55 pm

IBM, China UnionPay Develop Blockchain Loyalty Points Exchange

International Business Machines is working with a Chinese credit card company to to create a blockchain-based system for trading loyalty points.

Source

Posted on 22 September 2016 | 7:00 pm

New Lawsuit Filed Against Xapo Founder Wences Casares

Online identity company Lifelock has filed another lawsuit against bitcoin wallet startup Xapo founder Wences Casares.

Source

Posted on 22 September 2016 | 2:10 pm

At Ethereum Mega-Event, the 'Church of Vitalik' Sobers Up

At Devcon2, the Ethereum community's strengths and limitations were on display.

Source

Posted on 22 September 2016 | 12:20 pm

Roger Ver Sues Bitcoin Exchange OKCoin For $570k

In the latest round of a long-standing feud, bitcoin investor Roger Ver is suing bitcoin exchange OkCoin for $570,000.

Source

Posted on 22 September 2016 | 10:57 am

Symbiont Showcases Blockchain Catastrophe Swaps to Insurance Execs

Blockchain startup Symbiont has demonstrated a self-executing catastrophe swap smart contract on a platform designed for a wide-range of industries.

Source

Posted on 22 September 2016 | 7:50 am

UK Government Seeks Distributed Ledger Projects in £15 Million Competition

The UK Government has launched a new technology competition inviting submissions related to distributed ledger technology.

Source

Posted on 22 September 2016 | 7:01 am

Bank Tech Provider Sinodata Calls for Blockchain Collaborations

Bank technology provider Sinodata is seeking to collaborate with blockchain startups.

Source

Posted on 22 September 2016 | 3:49 am

Brothers Face Jail Time for Stealing Power to Mine Bitcoins

Two brothers in the Netherlands face months in prison after allegedly siphoning power to fuel a small bitcoin mining operation.

Source

Posted on 21 September 2016 | 2:12 pm

Winklevoss Bitcoin Exchange Gemini to Launch Daily Auctions

Gemini Trading, the bitcoin and ethereum exchange founded by Tyler and Cameron Winklevoss, is set to host its first bitcoin auction.

Source

Posted on 21 September 2016 | 6:00 am

Asset Managers Expect to Be Using Blockchain in Five Years

A new survey has found that nearly two-thirds (64%) of asset managers expect to using blockchain technology within the next five years.

Source

Posted on 21 September 2016 | 5:38 am

Thomson Reuters Demos New Ethereum Blockchain Use Cases

Thomson Reuters scientist Dr Tim Nugent detailed the company's ethereum research efforts at Devcon2 today.

Source

Posted on 20 September 2016 | 11:49 pm

Microsoft's Bletchley Blockchain Project Enters Next Phase

Microsoft unveiled a new version of its consortium blockchain software Bletchley today.

Source

Posted on 20 September 2016 | 6:30 pm

Blockchain Summit Day Two: End-Of-Conference Highlights From Shanghai

Financial services firms and startups looking to be the bridge to blockchain ledgers continued to dominate presentations on the second and...

The post Blockchain Summit Day Two: End-Of-Conference Highlights From Shanghai appeared first on Bitcoin Magazine.

Posted on

Blockchain Summit Day One: Highlights From Shanghai

A busy first day of Blockchain Summit, part of International Blockchain Week in Shanghai, was filled with product demonstrations and...

The post Blockchain Summit Day One: Highlights From Shanghai appeared first on Bitcoin Magazine.

Posted on

Tendermint Wins Innovation Award and Announces Cosmos at International Blockchain Week

Blockchain app specialist, Tendermint, winner of the 20,000 RMB prize for the "Most Innovative" Award at the International Blockchain Week...

The post Tendermint Wins Innovation Award and Announces Cosmos at International Blockchain Week appeared first on Bitcoin Magazine.

Posted on

BlockApps Expands Ethereum's Presence in China; Announces New Funding and Key Partnerships

Ethereum is gaining ground in China as innovators have announced key developments and partnerships during International Blockchain Week in...

The post BlockApps Expands Ethereum's Presence in China; Announces New Funding and Key Partnerships appeared first on Bitcoin Magazine.

Posted on

The Long History and Disputed Desirability of Alternative Bitcoin Implementations

Coinciding with the opening of the Ethereum Foundation’s Devcon2 conference in Shanghai this week, significant parts of the Ethereum network...

The post The Long History and Disputed Desirability of Alternative Bitcoin Implementations appeared first on Bitcoin Magazine.

Posted on

Op-Ed: What Is the True Meaning of "Decentralization" in Blockchain Technology?

Recent years have brought significant misunderstanding of the term decentralization as it pertains to Bitcoin. Literally, it means the...

The post Op-Ed: What Is the True Meaning of "Decentralization" in Blockchain Technology? appeared first on Bitcoin Magazine.

Posted on

IBM and Bank of Tokyo-Mitsubishi UFJ Develop Blockchain-Powered Contract Management System

IBM announced that it has signed a contract with the Bank of Tokyo-Mitsubishi UFJ (BTMU) to apply blockchain technology to the design,...

The post IBM and Bank of Tokyo-Mitsubishi UFJ Develop Blockchain-Powered Contract Management System appeared first on Bitcoin Magazine.

Posted on

Roger Ver Is Still Determined to Increase the Bitcoin Block Size Limit via a Hard Fork

Two attempts to increase Bitcoin’s block size limit via hard forks — Bitcoin XT and Bitcoin Classic — have failed to gain much support in...

The post Roger Ver Is Still Determined to Increase the Bitcoin Block Size Limit via a Hard Fork appeared first on Bitcoin Magazine.

Posted on

Op-Ed: Bitcoin’s Journey to Digital Reserve Currency Status

Seven years on, bitcoin still remains the largest digital currency by market capitalization. While bitcoin may have been the most volatile...

The post Op-Ed: Bitcoin’s Journey to Digital Reserve Currency Status appeared first on Bitcoin Magazine.

Posted on

State Street and PeerNova Trial New Blockchain Prototype for Capital Tracking

PeerNova and State Street have been trialing a blockchain-enabled platform for the tracking and monitoring the flow of funds. The two...

The post State Street and PeerNova Trial New Blockchain Prototype for Capital Tracking appeared first on Bitcoin Magazine.

Posted on

September 25, 2016 -
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