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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

Advertise with Anonymous Ads

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

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

Bitcoin Price Bulls Try Again - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Bulls Try Again
CryptoCoinsNews
Bitcoin price is trending higher and the bulls may have found their nads. It's a speculative certainty that they will eventually break through resistance and strike out for $500, but will it be this time? This analysis is provided by xbt.social with a ...

Posted on 25 May 2016 | 10:15 am

Japan Passes Bill to Regulate Bitcoin Exchanges - CryptoCoinsNews


CryptoCoinsNews

Japan Passes Bill to Regulate Bitcoin Exchanges
CryptoCoinsNews
The Diet in Japan (the legislature consisting of the Lower and the Upper Houses) has passed a bill today that mandates the regulation of bitcoin and virtual currency exchanges by the Financial Services Agency (FSA) in Japan. Japan has enacted a bill ...
Japan's Diet Introduces Bill to Regulate Bitcoin ExchangesnewsBTC
Bitcoin exchange operators now mandated to register with Japanese FSALeapRate
Japan Enacts Regulation for Digital Currency ExchangesCoinDesk

all 5 news articles »

Posted on 25 May 2016 | 6:16 am

The Arrival of Quantum Computing - Threat to Bitcoin? - CoinTelegraph


CoinTelegraph

The Arrival of Quantum Computing - Threat to Bitcoin?
CoinTelegraph
Hence, there could be a transition to a quantum-resistant algorithm in an orderly manner. The Bitcoin protocol could incorporate a new algorithm to be implemented after a certain block number, by which time all nodes would have to update the software ...

and more »

Posted on 25 May 2016 | 5:17 am

Coinbase Co-Founder: Ethereum Could 'Blow Past' Bitcoin - CoinDesk


CoinDesk

Coinbase Co-Founder: Ethereum Could 'Blow Past' Bitcoin
CoinDesk
In a sweeping, 2,500-word blog post today, Fred Ehrsam, the co-founder of one of the best funded blockchain startups, Coinbase, took aim at what he called a "stagnant" bitcoin community that he characterized as being outperformed by innovators working ...
Coinbase Co-Founder: "Ethereum Is Ahead of Bitcoin in Many Ways"CryptoCoinsNews
There is nothing that Bitcoin can do which Ethereum cant, Coinbase co-founder saysEconoTimes
Coinbase Co-Founder Fred Ehrsam Endorses EthereumThe Merkle

all 5 news articles »

Posted on 24 May 2016 | 2:43 pm

Hackers Steal $2 Million From Bitcoin Exchange In Hong Kong, Bounty Offered To Recover Funds - Forbes


Forbes

Hackers Steal $2 Million From Bitcoin Exchange In Hong Kong, Bounty Offered To Recover Funds
Forbes
The Hong Kong-based firm admitted a security breach occurred between May 9 and 12 that allowed unauthorized access to its “hot wallets” holding both Bitcoins and Ethere (a Bitcoin rival). In total, the hackers were able to steal 250 Bitcoins and 185 ...
Bitcoin Exchange Service Gatecoin Suffers a $2m TheftSPAMfighter News (press release)
Hackers steal $2M in Bitcoin and other digital currencySC Magazine

all 3 news articles »

Posted on 24 May 2016 | 4:13 am

Spanish Police Seize 6 Bitcoin Mines in Crackdown on Stolen TV Content

Spanish police have seized and destroyed six bitcoin mines as part of an investigation into the illegal distribution of television content.

Posted on 25 May 2016 | 9:47 am

KeepKey Prepares for Bitcoin Scaling With Wallet Startup Acquisition

Hardware wallet firm KeepKey announced today that it has acquired MultiBit, a desktop-based bitcoin wallet program.

Posted on 25 May 2016 | 8:51 am

Japan Enacts Regulation for Digital Currency Exchanges

Japan’s national legislature approved a bill on Wednesday to regulate domestic digital currency exchanges.

Posted on 25 May 2016 | 7:19 am

Blockchain Startup Develops Identity App with Major Airline IT Firm

Blockchain startup ShoCard has developed a proof-of-concept focused on digital identity in partnership with a major airline IT firm.

Posted on 25 May 2016 | 5:31 am

Coinbase Co-Founder: Ethereum Could ‘Blow Past’ Bitcoin

In a new blog today, Coinbase exec Fred Ehrsam sought to position Ethereum as a competitor to bitcoin in the digital currency industry.

Posted on 24 May 2016 | 2:40 pm

Chinese Finance Giant Joins R3 Blockchain Consortium

A major Chinese financial firm has inked a new partnership with startup R3CEV.

Posted on 24 May 2016 | 1:56 pm

The Bitcoin Foundation Wants a Comeback, But Can it Be Saved?

The Bitcoin Foundation’s plans for a comeback have faced early skepticism after the public release of a private email from its executive director.

Posted on 24 May 2016 | 12:36 pm

Federal Court Dismisses Bitcoin Startup BitPay's Phishing Lawsuit

A legal fight between bitcoin payment processor BitPay and a major insurance company has ended, court documents reveal.

Posted on 24 May 2016 | 10:18 am

UAE's First Bitcoin Startup Shuts Down

Bitcoin payments firm YellowPay has shut down according to members of its founding team.

Posted on 24 May 2016 | 8:44 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 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

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

The New Banking Standard

In this op-ed, bitcoin enthusiast Martin Hagelstrom touches on the slow but steady embrace of blockchain by the world's banks.

Posted on 21 May 2016 | 9:40 am

How Blockchain Technology Is Reinventing Global Trade Efficiency

This article orginally appeared in The Distributed Ledger. The business of moving commercial goods around the planet represents billions of...

The post How Blockchain Technology Is Reinventing Global Trade Efficiency appeared first on Bitcoin Magazine.

Posted on

Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments

Over the past years, the Dutch town of Arnhem consistently made headlines for its exceptional Bitcoin project: Arnhem Bitcoincity. Launched...

The post Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments appeared first on Bitcoin Magazine.

Posted on

Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit

If you’ve ever needed an incentive to get fit, a new app launched in Britain could give you the boost you need. The new fitness app for...

The post Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit 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

May 25, 2016 -
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