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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

Mozilla accepting Bitcoin

Posted on 20 November 2014 | 1:55 pm

Wikimedia Foundation Now Accepts Bitcoin

Posted on 30 July 2014 | 3:14 pm

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

Lightning Test Moves Bitcoin Scaling Into Striking Distance - CoinDesk


CoinDesk

Lightning Test Moves Bitcoin Scaling Into Striking Distance
CoinDesk
Widely considered to be the best way to boost bitcoin's transaction capacity, the Lightning Network proposes a way to execute the majority of bitcoin transactions without involving the blockchain or compromising the network's decentralized architecture.

Posted on 29 September 2016 | 3:52 pm

This Firm Just Raised the Most Money Yet for an Indian Bitcoin Startup - Fortune


Fortune

This Firm Just Raised the Most Money Yet for an Indian Bitcoin Startup
Fortune
Unocoin, a Bangalore-based bitcoin startup, has raised $1.5 million in funding from a mix of Indian and U.S. investors, the company announced on Thursday. The company, which runs a trading platform to buy, sell, and store bitcoins for Indian customers ...
Indian Bitcoin Exchange Unocoin Raises a Record $1.5 Million in FundingCryptoCoinsNews
Unocoin Raises $1.5M in Funding to Bring Bitcoin to IndiaAllCoinsNews.com (blog)
Indian Bitcoin Exchange Unocoin Raises $1.5 MillionCoinDesk
Finance Magnates -Livemint -Business Standard
all 7 news articles »

Posted on 29 September 2016 | 12:57 pm

'Money Mule' Gangs Turn to Bitcoin ATMs - Krebs on Security


'Money Mule' Gangs Turn to Bitcoin ATMs
Krebs on Security
As the above Youtube video demonstrates, sending funds merely requires the user to scan a QR code shared by the intended recipient, and then insert cash into the Bitcoin ATM. Because Bitcoin is a non-refundable form of payment, once the money is sent ...

Posted on 29 September 2016 | 11:36 am

Why Bitcoin is Failing to Take Over the World - CoinTelegraph


CoinTelegraph

Why Bitcoin is Failing to Take Over the World
CoinTelegraph
As far as leading the digital currency revolution, Bitcoin just isn't getting it done. Ryan Taylor of Dash sees why Bitcoin is failing to take over the world. Bitcoin is in a lull. For the past several months, the frontrunner of the cryptocurrency ...
Bitcoin Update: Cryptocurrency Remains Rare In M&A Transactions Despite PotentialMondaq News Alerts (registration)

all 2 news articles »

Posted on 29 September 2016 | 6:35 am

BitFury Lightening Network Successfully Tested with French Bitcoin Company - CoinTelegraph


CoinTelegraph

BitFury Lightening Network Successfully Tested with French Bitcoin Company
CoinTelegraph
The objective and intention behind the creation of Flare was to establish a more efficient and improved ecosystem for the settlement of microtransactions in the Bitcoin network. The BitFury development team believed that Flare could open Bitcoin to a ...

Posted on 29 September 2016 | 3:56 am

Got bitcoin? Despite early setbacks, some say it is stronger than ever - CNBC


CNBC

Got bitcoin? Despite early setbacks, some say it is stronger than ever
CNBC
Imagine a currency that is not tied to the whims of politicians, the foibles of central bankers, or the fortunes of a particular country. Rather than relying on a government to mint a currency, users could "mine" their own bitcoin by running software ...

Posted on 29 September 2016 | 3:00 am

Bigger than bitcoin: Here comes blockchain - The Boston Globe


The Boston Globe

Bigger than bitcoin: Here comes blockchain
The Boston Globe
Got bitcoin? I've got a little filed away, but only because it's my job. Like most of you, I have little use for the stuff, despite all of the celebratory hype about this new kind of digital money. At the supermarket or the gas station, US dollars work ...

Posted on 28 September 2016 | 6:26 pm

Lightning Test Moves Bitcoin Scaling Into Striking Distance

A lesser-known startup has successfully tested an important piece of bitcoin's scaling puzzle.

Source

Posted on 29 September 2016 | 3:52 pm

UBS Reveals Blockchain Prototype for Streamlining Global Trade

UBS has revealed work on a blockchain prototype being developed with IBM on Hyperledger's Fabric.

Source

Posted on 29 September 2016 | 1:00 pm

Why Rabobank's Blockchain Cross-Border Tool Isn't Just a Database

Dutch multinational bank Rabobank today announced a cross-border payments tool its creators argue is more powerful than a database.

Source

Posted on 29 September 2016 | 10:03 am

Regulators Block Sale of Bitcoin Miner Avalon

A planned acquisition deal between Chinese manufacturer Shandong Luyitong and bitcoin mining hardware company Canaan is no more.

Source

Posted on 29 September 2016 | 9:00 am

Inside Bank of America's New Microsoft-Powered Blockchain Project

The inside story of how Microsoft and Bank of America worked together to build a blockchain prototype for trade finance.

Source

Posted on 29 September 2016 | 6:10 am

UK Dependency Adjusts Laws for Digital Currency

The UK crown dependency of Jersey is pushing ahead with its digital currency legislative plans.

Source

Posted on 29 September 2016 | 4:25 am

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US Central Bank Chair: Blockchain Could Have 'Significant' Impact

The Federal Reserve isn't working on any blockchain applications of its own at this time, according to Fed chair Janet Yellen.

Source

Posted on 28 September 2016 | 1:26 pm

IBM: Banks Expect Commercial Blockchains By 2017

Some of the world's banks and financial markets are bullish on blockchain products, new survey data shows.

Source

Posted on 28 September 2016 | 12:45 pm

In Formal Verification Push, Ethereum Seeks Smart Contract Certainty

CoinDesk spotlights the factors driving ethereum's coding community to embrace the concept of formal verification for smart contracts.

Source

Posted on 28 September 2016 | 12:07 pm

ASX Sets Date for Decision on Blockchain Transition

ASX says it intends to decide on whether it will migrate to a blockchain-based settlement system by the end of 2017.

Source

Posted on 28 September 2016 | 6:40 am

SEC to Discuss Blockchain at November Forum

The US Securities and Exchange Commission is set to discuss blockchain at an upcoming public forum.

Source

Posted on 27 September 2016 | 3:33 pm

London Police Investigate OneCoin Cryptocurrency Scheme

The London police are investigating a digital currency scheme widely believed to be fraudulent.

Source

Posted on 27 September 2016 | 12:10 pm

Currency Settlement Service CLS Reveals Big Blockchain Ambitions

CLS is working with IBM to build a blockchain platform for payments netting.

Source

Posted on 27 September 2016 | 11:06 am

R3 Banks, Startups Test Blockchain System for Syndicated Loans

A syndicated loan exchange trial utilizing blockchain being undertaken by a group of banks alongside startups R3 and Symbiont is moving ahead.

Source

Posted on 27 September 2016 | 8:55 am

Blockchain Database Startup BigchainDB Raises €3 Million

BigchainDB has raised $3m to help turn tradition databases into blockchains.

Source

Posted on 27 September 2016 | 6:59 am

BitFiniti: Industry Meets Blockchain in Miami

This October, a new kind of blockchain conference will debut in Florida. BitFiniti aims to take blockchain from “behind the veil” and...

The post BitFiniti: Industry Meets Blockchain in Miami appeared first on Bitcoin Magazine.

Posted on

Wealth and Asset Management Report Predicts Blockchain Use by 2021

A new report from Roubini ThoughtLab has found that over the next five years blockchain use is set to grow by 43 percent. Teaming up with a...

The post Wealth and Asset Management Report Predicts Blockchain Use by 2021 appeared first on Bitcoin Magazine.

Posted on

Bitcoin Returns to Its Cypherpunk Roots: An Interview With Lupták and Sip of Hackers Congress Paralelní Polis

First announced on the cryptography mailing list in 2008, Bitcoin was the embodiment of a decade-old cypherpunk vision. A digital currency...

The post Bitcoin Returns to Its Cypherpunk Roots: An Interview With Lupták and Sip of Hackers Congress Paralelní Polis appeared first on Bitcoin Magazine.

Posted on

Op-Ed: Blockchain Can Make Globalization Work

De-globalization is not just about Brexit and rising U.S. protectionism. It is much more than that. It's a pervasive negative attitude...

The post Op-Ed: Blockchain Can Make Globalization Work appeared first on Bitcoin Magazine.

Posted on

Pamela Morgan on Security: “You Don’t Get to the Moon Without Blowing Up a Few Rockets”

In what’s turning into the “year of the hack,” security issues are increasingly top of mind for those working in the Bitcoin and blockchain...

The post Pamela Morgan on Security: “You Don’t Get to the Moon Without Blowing Up a Few Rockets” appeared first on Bitcoin Magazine.

Posted on

Op-Ed: Ethereum vs Ethereum: Which Is the Ship of Theseus?

Imagine this scenario: Tom owes you money. Years later, Tom clones himself and claims the clone to be the real Tom, trying to write off all...

The post Op-Ed: Ethereum vs Ethereum: Which Is the Ship of Theseus? appeared first on Bitcoin Magazine.

Posted on

Understanding Soft Forks: A Core Developer’s View on Network Monopoly

Since the beginning of the development of Segregated Witness, an increasing number of alternative Bitcoin hard fork supporters have...

The post Understanding Soft Forks: A Core Developer’s View on Network Monopoly appeared first on Bitcoin Magazine.

Posted on

Bitcoin Takes on Eastern Europe as Blockchain & Bitcoin Conference Lands in Kiev

Ukraine is one of these countries where people require no explanation about the value of hard money. As war in the east of the post-Soviet...

The post Bitcoin Takes on Eastern Europe as Blockchain & Bitcoin Conference Lands in Kiev appeared first on Bitcoin Magazine.

Posted on

Kyckr’s Rob Leslie on Blockchain and Regulatory Compliance

Compliance efforts are a tall task for many financial services and other organizations worldwide. New regulatory requirements are leading to...

The post Kyckr’s Rob Leslie on Blockchain and Regulatory Compliance appeared first on Bitcoin Magazine.

Posted on

September 29, 2016 -
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