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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

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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 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

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Cameron Winklevoss on Bitcoin's Price Volatility: No Reward Without Risk - Nasdaq


Nasdaq

Cameron Winklevoss on Bitcoin's Price Volatility: No Reward Without Risk
Nasdaq
One of the main criticisms of Bitcoin as a currency has been price volatility. While most people are attracted to the low costs and quick settlement offered by the blockchain, those same individuals do not like the idea of holding on to an asset that ...

Posted on 31 May 2016 | 11:38 am

Bitcoin Price Hits $550, Pullback. - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Hits $550, Pullback.
CryptoCoinsNews
Bitcoin price achieved $550 in the Bitstamp chart, today. With Bitfinex already having spiked to $570, it looks like price will now correct the wave of advance before pushing higher. Technical analysis looks for confirmation of the move, as well as its ...

Posted on 31 May 2016 | 10:49 am

Bitcoin Price Analysis: 5/31/2016 - CoinTelegraph


CoinTelegraph

Bitcoin Price Analysis: 5/31/2016
CoinTelegraph
For that, Bitcoin's price has to break through the top resistance line of $557.5. After that, the structure of the upward movement has to remain intact. The maximum target for that rebound will be at the crossing point of the diagonal channel and the ...

Posted on 31 May 2016 | 9:11 am

3 Reasons Bitcoin Is Booming Again, Price Nears $550 - Fortune


Fortune

3 Reasons Bitcoin Is Booming Again, Price Nears $550
Fortune
On Tuesday, bitcoin was nosing towards $550 per unit, which is even higher than August 2014, when bitcoin prices reached almost $533. The recent move also ends a six-month period of relative tranquility in which prices mostly hovered between $350 and ...
Three reasons why bitcoin's price is surging higherCNBC
Bitcoin hits two-year high as yuan worries drive Chinese demandReuters
Why These Bitcoin Price Moves Are All About ChinaMoney Morning
Profit Confidential -PYMNTS.com -IT PRO
all 10 news articles »

Posted on 31 May 2016 | 9:09 am

Will Ethereum Beat Bitcoin to Mainstream Microtransactions? - CoinDesk


CoinDesk

Will Ethereum Beat Bitcoin to Mainstream Microtransactions?
CoinDesk
Micropayments have long been one of the most hotly-anticipated use cases for bitcoin, but similar tech may be coming soon to Ethereum, the decentralized blockchain network that has recently rejuvenated outside interest in the cryptocurrency space.
You've heard of bitcoin, this is BitCompanyTechCentral

all 4 news articles »

Posted on 31 May 2016 | 6:47 am

As Bitcoin Mining Stabilizes, Bitmain Announces the Release of its New S9 ASIC Miner - CoinTelegraph


CoinTelegraph

As Bitcoin Mining Stabilizes, Bitmain Announces the Release of its New S9 ASIC Miner
CoinTelegraph
In its official announcement, Bitmain claims to have delivered “the most efficient 16nm Bitcoin miner” with low energy consumption and reasonable maintenance costs. The S9 is going to be available in limited quantities, so potential buyers should place ...
The Antminer S9 is The Most Power Efficient 16nm Bitcoin MinernewsBTC
Bitmain Technologies Unveils First Commercially Available 16nm Bitcoin MinerThe Merkle

all 5 news articles »

Posted on 31 May 2016 | 5:26 am

Mystery Solved: $6.6 Million Bitcoin Theft That Brought Down Dark Web Site Tied To 2 Florida Men - Forbes


Forbes

Mystery Solved: $6.6 Million Bitcoin Theft That Brought Down Dark Web Site Tied To 2 Florida Men
Forbes
The U.S. government has seized $4.5 million from two Florida men who allegedly stole 5,400 bitcoins from illegal online drug sales site Sheep Marketplace in late 2013, shortly before the price of bitcoin hit its peak of around $1,200, according to ...
Feds Discover Bitcoin Theiving Sheep Marketplace CulpritsCryptoCoinsNews

all 3 news articles »

Posted on 30 May 2016 | 4:35 pm

Australia to sell £8m of seized bitcoins - BBC News


BBC News

Australia to sell £8m of seized bitcoins
BBC News
A collection of bitcoins worth about £8m, which had been confiscated by police in Australia, will be auctioned off in June. The 24,518 bitcoins will be sold mostly in blocks of 2,000 - each with a market value of about £680,000. Ernst & Young, the firm ...
Australia to auction $11.5 million confiscated bitcoinsCNBC
Australian police to auction $13m in confiscated bitcoinsThe Guardian
Bitcoin to be hammered – in an auction, that isThe Register
CNET -Sky News -Quartz
all 83 news articles »

Posted on 30 May 2016 | 7:15 am

China Buying Sparks Bitcoin Surge - Wall Street Journal


Wall Street Journal

China Buying Sparks Bitcoin Surge
Wall Street Journal
Chinese investors are pumping up bitcoin again, sending prices up nearly 16% in the past four days, just two years after the country was at the center of a boom and bust in the crypto-currency. The four-day surge in bitcoin since Friday has added $1.2 ...
Bitcoin price jumps 21 percent over 4 days, reaching a 21-month highTechCrunch
Why Bitcoin is China's latest crazeThe Australian Financial Review
Bitcoin Price Nears $550CryptoCoinsNews
Shanghai Daily (subscription) -Nasdaq -Bitcoinist.net
all 22 news articles »

Posted on 30 May 2016 | 5:37 am

R3 Meets Obama Advisors at DC Blockchain Event

A group of technology advisors to US President Barack Obama heard from representatives from the bitcoin and blockchain industry earlier this month.

Posted on 31 May 2016 | 1:58 pm

Intel to Develop Blockchain Projects at New Innovation Lab in Israel

Tech giant Intel has opened a development lab in Tel Aviv focused on financial technologies like the blockchain.

Posted on 31 May 2016 | 11:37 am

Microsoft to Develop Identity Platform for Multiple Blockchains

Microsoft has partnered with two startups to build an identity platform aimed to integrating with both the bitcoin and Ethereum blockchains.

Posted on 31 May 2016 | 10:38 am

Japan’s Trade Ministry: Government Should Promote Blockchain Use Cases

Japan’s Ministry of Economy, Trade and Industry (METI) has released the results of a survey on blockchain technology.

Posted on 31 May 2016 | 8:51 am

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Smart Dubai Director Sees Blockchain as Key to Connected Cities

The head of Dubai's smart cities drive spoke on how she believes blockchain can help drive the city’s modernization efforts yesterday.

Posted on 31 May 2016 | 4:57 am

London Workshop Explores Blockchain Identity in Finance

The Identity & KYC conference in London hosted a workshop on using blockchain technology to improve know-your-customer processes earlier this week.

Posted on 29 May 2016 | 9:56 am

Bitcoin Prices Break $500 Barrier to Hit 20-Month High

Bitcoin prices hit a more than 20-month high this weekend as the digital currency broke the $500 barrier to reap big gains.

Posted on 29 May 2016 | 5:38 am

A Framework for Identity

IDEO coLAB member Dan Elitzer explores a framework for digital identity using blockchain and other technologies.

Posted on 28 May 2016 | 10:14 am

A Right to Exist: Using Technology to Create Better ID Systems

Steven Malby of the Commonwealth Secretariat explores the challenges in bringing legal identity to the more than 1 billion people lacking recognition.

Posted on 28 May 2016 | 8:20 am

Was Ether's Loss Bitcoin's Gain? Traders Wonder After Wild Week

The price of bitcoin appreciated nearly 4% for the week ending 27th May.

Posted on 27 May 2016 | 3:47 pm

Bitcoin Mining Firm KnCMiner Declares Bankruptcy

The parent company of Swedish bitcoin mine operator KnCMiner has declared bankruptcy.

Posted on 27 May 2016 | 11:41 am

US Congress Reps Receive Blockchain Briefing at Capitol Hill Event

More than 15 members of Congress met with representatives of the blockchain technology industry this week in Washington, DC.

Posted on 27 May 2016 | 8:19 am

Lawyers Be DAMNed: Andreas Antonopoulos Takes Aim at Arbitration With DAO Proposal

Andreas Antonopoulos takes aim at local governments with new plans for an Ethereum-based system that could be recognized across borders.

Posted on 26 May 2016 | 4:57 pm

CFTC Grants Full Registration to Bitcoin Swaps Trading Platform

The CFTChas granted registration to a trading platform that was an early entrant in the US market for financial derivatives tied to bitcoin.

Posted on 26 May 2016 | 4:24 pm

Bitcoin Price Soars as Chinese Investors Look for Safe Haven From Devaluation and Capital Controls

Many have speculated that the recent increase in the price of bitcoin ($542 USD on Bitfinex at time of publication) can be traced to China,...

The post Bitcoin Price Soars as Chinese Investors Look for Safe Haven From Devaluation and Capital Controls appeared first on Bitcoin Magazine.

Posted on

Blockchain Technology Will Profoundly Change the Derivatives Industry

Editor's note: This is a guest post by Matt O’Brien. As the hype and pessimism around blockchain technology converge toward reality over the...

The post Blockchain Technology Will Profoundly Change the Derivatives Industry appeared first on Bitcoin Magazine.

Posted on

Why the Global Economy Needs Open Blockchain Assets to Fight Negative Interest Rates

The world economy is in a fascinating period. It is an encouraging time for those hopeful about Bitcoin and other open blockchain-based...

The post Why the Global Economy Needs Open Blockchain Assets to Fight Negative Interest Rates appeared first on Bitcoin Magazine.

Posted on

IBM: Government and Blockchain Sector Should Work Together to Enhance National Security

IBM Vice President for Blockchain Technologies Jerry Cuomo recently testified before the Commission on Enhancing National Cybersecurity on...

The post IBM: Government and Blockchain Sector Should Work Together to Enhance National Security appeared first on Bitcoin Magazine.

Posted on

BunkerChain Labs Takes on Fraud in Online Gaming Using the Blockchain

In a bid to provide the online gaming industry with a transparent and provably fair wagering platform, ex-military nuclear bunker and data...

The post BunkerChain Labs Takes on Fraud in Online Gaming Using the Blockchain appeared first on Bitcoin Magazine.

Posted on

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

Russia’s National Settlement Depository Successfully Tests Blockchain-Based E-Voting System

The National Settlement Depository (NSD), Russia’s central securities depository, has developed and successfully tested an e-proxy voting...

The post Russia’s National Settlement Depository Successfully Tests Blockchain-Based E-Voting System appeared first on Bitcoin Magazine.

Posted on

ISO May Propose Certified Standards for Blockchains and Distributed Ledgers

In April when the Bitcoin community began preparing for Australian Craig Wright’s “Satoshi Nakamoto reveal,” there was another announcement...

The post ISO May Propose Certified Standards for Blockchains and Distributed Ledgers 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

May 31, 2016 -
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