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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

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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

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


'Money Mule' Gangs Turn to Bitcoin ATMs
Krebs on Security
Fraudsters who hack corporate bank accounts typically launder stolen funds by making deposits from the hacked company into accounts owned by “money mules,” willing or unwitting dupes recruited through work-at-home job scams. The mules usually are ...

Posted on 29 September 2016 | 11:36 am

Regulators Block Sale of Bitcoin Miner Avalon - CoinDesk


CoinDesk

Regulators Block Sale of Bitcoin Miner Avalon
CoinDesk
A deal that would have seen Chinese manufacturer Shandong Luyitong purchase bitcoin mining hardware firm Canaan is no more. The deal is said to have been scuttled as a result of apprehension on the part of regulators from the Shenzhen Stock ...

Posted on 29 September 2016 | 9:02 am

Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment - CryptoCoinsNews


CryptoCoinsNews

Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment
CryptoCoinsNews
Andresen, chief scientist at the Bitcoin Foundation and lead developer of Bitcoin until 2014, has raised concerns in the past about the bitcoin block size. He has noted the possibility that the bitcoin community could see exchanges, miners and ...
Why Bitcoin Miners Are Lowest In The Hierarchy Of ControlCoinJournal (blog)

all 2 news articles »

Posted on 29 September 2016 | 7:24 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 ...

Posted on 29 September 2016 | 6:35 am

Analysts: Bitcoin Price Expected to Hit $848 Soon - Bitcoinist.net


Bitcoinist.net

Analysts: Bitcoin Price Expected to Hit $848 Soon
Bitcoinist.net
Viewing the evidence, it would appear that bitcoin's present shift to higher ground is undoubtedly occurring in incremental stages (a few dollars at a time). On the plus side, most analysts seem to be unanimous in the idea that bitcoin is again ...

Posted on 29 September 2016 | 4:58 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
Rather than relying on a government to mint a currency, users could "mine" their own bitcoin by running software — contributing their own computing power to verify other bitcoin transactions. Or they could simply buy bitcoin on one of several online ...

Posted on 29 September 2016 | 3:00 am

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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

CME Group Adds New Exchange to Bitcoin Index - CoinDesk


CME Group Adds New Exchange to Bitcoin Index
CoinDesk
CME Group has added China-based digital currency exchange OKCoin to its bitcoin pricing indexes, first announced in May. Created through a partnership with London-based Crypto Facilities, the CME CF Bitcoin Reference Rate and CME CF Bitcoin Real ...

Posted on 28 September 2016 | 9:18 am

Can This 22-year-old Coder Out-Bitcoin Bitcoin? - Fortune


Fortune

Can This 22-year-old Coder Out-Bitcoin Bitcoin?
Fortune
The letters in DAO stood for decentralized autonomous organization, and the idea was that the startup would be a new type of corporation—built on the technology that powers cryptocurrencies, such as Bitcoin—with algorithms executing the strategy ...
Gavin Andresen: Ethereum Will Outgrow BitcoinnewsBTC

all 3 news articles »

Posted on 27 September 2016 | 4:31 am

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

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

Momentum Grows for Blockchain Action in Washington

Recent developments around blockchain in Washington, DC are setting the stage for even bigger moves in the year ahead.

Source

Posted on 28 September 2016 | 7:20 am

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

CGI Launches Blockchain Lab for Trade Finance

CGI has launched a blockchain trade finance and supply chain laboratory to explore applications of blockchain technology.

Source

Posted on 28 September 2016 | 6:01 am

FX Firm Joins Mexican Bitcoin Exchange's $2.5 Million Fundraise

Digital currency exchange Bitso has raised $2.5m in new funding.

Source

Posted on 28 September 2016 | 5:27 am

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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

CSDs to Collaborate in Distributed Ledger First

Two central securities depositories (CSDs) have agreed to collaborate on distributed ledger initiatives in a first-of-its-kind agreement globally.

Source

Posted on 27 September 2016 | 6:50 am

Bank of America, Microsoft Partner on Blockchain Trade Finance

Bank of America and Microsoft have announced their intent to build and test blockchain applications for trade finance.

Source

Posted on 27 September 2016 | 5:35 am

Swiss Central Banker: Blockchain Turning Finance 'On Its Head'

Swiss National Bank president Thomas Jordan says the central bank is in discussions with regulators and other central banks about blockchain.

Source

Posted on 27 September 2016 | 3:33 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

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

New Bipartisan Blockchain Caucus Will Promote the Use of Bitcoin and Blockchain Technology

A year ago, Bitcoin Magazine highlighted the work of U.S. Congress Representative Jared Polis and noted his work meeting with politicians...

The post New Bipartisan Blockchain Caucus Will Promote the Use of Bitcoin and Blockchain Technology 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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