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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

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 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

Darknet Markets Finally Embracing A Bitcoin Alternative - Vocativ


Vocativ

Darknet Markets Finally Embracing A Bitcoin Alternative
Vocativ
Two of the darknet's largest online black markets have announced plans to accept a new online currency that promises to be much more anonymous than bitcoin. This marks a coup of sorts for the new currency, called Monero. As common as alternatives to ...
6 Reasons to Make Casino Deposits with Bitcoin in CanadanewsBTC
Bitcoin Has Some Competition as New Online Currency 'Monero' Steps InSputnik International
The First Bitcoin Exchange in Moscow Is Open for BusinessDCEBrief (press release)
CountingPips (blog)
all 5 news articles »

Posted on 24 August 2016 | 12:10 pm

Big banks push new digital currency to rival Bitcoin - New York Post


New York Post

Big banks push new digital currency to rival Bitcoin
New York Post
UBS has developed a “Utility Settlement Coin” (USC), which is a digital cash equivalent of each of the major currencies backed by central banks, such as the dollar or euro, rather than a decentralized new digital currency such as bitcoin. The USC would ...
4 Major Banks Confirm They Are Building Bitcoin-like Digital CurrencyCoinTelegraph
Big banks buckle down to build better bitcoinRT
Bitcoin for banksBusiness Standard
Breakingviews -Financial Times -PYMNTS.com -Financial Times
all 43 news articles »

Posted on 24 August 2016 | 8:44 am

MIT Study Reveals New Data on Free Bitcoin Airdrop - CoinDesk


MIT Study Reveals New Data on Free Bitcoin Airdrop
CoinDesk
Spurred by active enthusiasts on campus, the prestigious US university raised $500,000 with the goal of distributing $100 in bitcoin to every student on campus. Completed in the fall of 2014, the project would spur similar experiments at campuses ...

Posted on 24 August 2016 | 8:30 am

Moscow Government to Explore Blockchain Voting

Government officials in Moscow today revealed plans to investigate applications of blockchain technology.

Posted on 24 August 2016 | 5:17 pm

Advertise with Anonymous Ads

Settlement Coin Creators Seek to 'Liberalize' Central Banks With Blockchain

A new digital currency built for central banks is designed to make it easier for more people to use two powerful tools: real-time settling and cash.

Posted on 24 August 2016 | 2:05 pm

A Cryptographer Named After Harry Potter's Archenemy is Helping Solve Bitcoin's Biggest Problems

An anonymous cryptographer named after Harry Potter’s archenemy has put forth a proposal experts believe could help solve major issues facing bitcoin.

Posted on 24 August 2016 | 11:15 am

R3 Files Patent Application for Distributed Ledger Tech

New York-based startup R3CEV has reportedly filed for a patent for a blockchain-inspired financial platform.

Posted on 24 August 2016 | 9:26 am

MIT Study Reveals New Data on Free Bitcoin Airdrop

A new study by MIT researchers has provided details on a free bitcoin giveaway conducted at the US university in 2014.

Posted on 24 August 2016 | 8:23 am

Blockchain Startup Chronicled Launches Ethereum IoT Registry

In an effort to build a standard for IoT, Chronicled is open sourcing a tool for registering connected devices on the ethereum blockchain.

Posted on 24 August 2016 | 5:55 am

Litecoin Price Spikes 10% as Coinbase Exchange Turns on Trading

Litecoin prices rose nearly 10% today as word the digital currency would be listed on Coinbase's GDAX exchange spread among traders.

Posted on 23 August 2016 | 6:41 pm

Big Banks Band Together to Launch 'Settlement Coin'

Four banks have reportedly partnered on a blockchain project aimed at creating a means to clear and settle transactions worldwide.

Posted on 23 August 2016 | 5:27 pm

Bitfury Research Shines Light on Bitcoin Privacy Weaknesses

A new Bitfury white paper aims to advance the study of how bitcoins sent using certain privacy-enhancing techniques can be traced to participants.

Posted on 23 August 2016 | 3:34 pm

US Nuclear Research Lab Developing Bitcoin Analysis Tool

A federally funded research laboratory run by a subsidiary of Lockheed Martin is developing a bitcoin analytics tool for the US government.

Posted on 23 August 2016 | 1:15 pm

Bank of Japan: Blockchain Could Alter Financial Services

Japan's central bank issued remarks this week that found it forecasting that blockchain could come to have a fundamental impact on finance.

Posted on 23 August 2016 | 11:46 am

Digital Asset to Open Source Smart Contract Language

Digital Asset Holdings has announced it intends to open-source DAML, the smart contracting language it acquired from startup Elevence.

Posted on 23 August 2016 | 6:16 am

One Month After Ethereum Fork, Millions in DAO Funds Unclaimed

It's been a month since the ethereum hard fork moved $150m worth of DAO ether into a withdraw-only account. Today, $25m is still unclaimed.

Posted on 22 August 2016 | 12:41 pm

Sberbank Considers Russian Blockchain Consortium

One of Russia's largest banks is in discussions to join a domestic bank consortium that would study blockchain technology.

Posted on 22 August 2016 | 11:14 am

Japanese Firms Test Blockchain for E-Check Management

The Bank of Tokyo-Mitsubishi UFJ and tech giant Hitachi are working on a blockchain proof-of-concept aimed at digitizing checks.

Posted on 22 August 2016 | 10:31 am

UK Blockchain Projects Near Regulatory Approval

UK regulators are reportedly moving forward with efforts that would find blockchain firms exiting a FinTech sandbox program.

Posted on 22 August 2016 | 7:16 am

Japanese Banks, E-Commerce Giant Ramp Up Blockchain Development

Blockchain technology has gotten a major boost in Japan as Rakuten has committed itself to the research and development of blockchain...

The post Japanese Banks, E-Commerce Giant Ramp Up Blockchain Development appeared first on Bitcoin Magazine.

Posted on

PnP Fintech Startup Program May Signal Industry Shift From ‘Blockchain’ Back to Bitcoin

For at least the past year, many investors and entrepreneurs have been talking about the power of the blockchain for use in a variety of...

The post PnP Fintech Startup Program May Signal Industry Shift From ‘Blockchain’ Back to Bitcoin appeared first on Bitcoin Magazine.

Posted on

Strategic Alliance Formed to Speed Up Adoption of Blockchain Technology in China

The Chinese government has created a blockchain working group of government and blockchain industries to fast-forward the development and...

The post Strategic Alliance Formed to Speed Up Adoption of Blockchain Technology in China appeared first on Bitcoin Magazine.

Posted on

Chain Joins Industry-Academia Blockchain Initiative to Solve Interoperability and Scalability Issues

Chain Inc., a blockchain company specializing in enterprise software for financial firms, has joined the Initiative for Cryptocurrency and...

The post Chain Joins Industry-Academia Blockchain Initiative to Solve Interoperability and Scalability Issues appeared first on Bitcoin Magazine.

Posted on

What’s New in Bitcoin Core 0.13.0?

Today marks the official release of Bitcoin Core 0.13.0, the thirteenth generation of Bitcoin's reference client as first launched by...

The post What’s New in Bitcoin Core 0.13.0? appeared first on Bitcoin Magazine.

Posted on

Ethereum Classic Community Navigates a Distinct Path to the Future

Ethereum Classic started off as what is perhaps best described as a protest movement, opposing a (perceived) bailout of Ethereum’s...

The post Ethereum Classic Community Navigates a Distinct Path to the Future appeared first on Bitcoin Magazine.

Posted on

Mimblewimble: How a Stripped-Down Version of Bitcoin Could Improve Privacy, Fungibility and Scalability All at Once

All (full) Bitcoin nodes verify all transactions on the network. This allows the system to be entirely trustless and decentralized, but also...

The post Mimblewimble: How a Stripped-Down Version of Bitcoin Could Improve Privacy, Fungibility and Scalability All at Once appeared first on Bitcoin Magazine.

Posted on

August 24, 2016 -
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