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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

Microsoft accepts Bitcoin

Posted on 11 December 2014 | 5:06 am

Mozilla accepting Bitcoin

Posted on 20 November 2014 | 1:55 pm

PayPal and Virtual Currency

Posted on 23 September 2014 | 9:52 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

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

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Bitcoin Price And SegWit - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price And SegWit
CryptoCoinsNews
Yesterday was an historic day not only for Britain, with the pound dropping to its lowest level in decades, but also for Bitcoin as SegWit was merged in the Core code repository. SegWit remains in developer testing and will be officially released – for ...
Segregated Witness Merge Request Sparks New Debate Among Bitcoin usersThe Merkle

all 2 news articles »

Posted on 25 June 2016 | 9:32 am

Complex Bitcoin Phishing Scheme Revealed - Cisco's OpenDNS Security Team - CoinTelegraph


CoinTelegraph

Complex Bitcoin Phishing Scheme Revealed - Cisco's OpenDNS Security Team
CoinTelegraph
Criminals have started staging phishing campaigns having discovered that Bitcoin can provide an easier way to steal, says Cisco's OpenDNS security team after they revealed a complex phishing scheme aimed at collecting user credentials from various ...

Posted on 25 June 2016 | 3:30 am

Accountants Ask IRS to Clarify Bitcoin Transactions' Tax Status - CryptoCoinsNews


CryptoCoinsNews

Accountants Ask IRS to Clarify Bitcoin Transactions' Tax Status
CryptoCoinsNews
A bitcoin payment for a small purchase can have an investment gain or loss on that purchase under the IRS's existing tax treatment. This is an onerous reporting requirement. Annette Nellen, a professor at San Jose State University, who helped draft the ...

Posted on 24 June 2016 | 11:39 pm

Bitcoin Buyers Seek Haven From British Pound After Brexit Vote - Bloomberg


Bloomberg

Bitcoin Buyers Seek Haven From British Pound After Brexit Vote
Bloomberg
"A lot of people are buying Bitcoin for pounds and Euros,” said Jesse Powell, chief executive officer of San Francisco-based Kraken, the world's largest bitcoin exchange in euro volume. “Our volume has doubled over the last 24 hours. We saw a huge ...
As Global Currencies Plunge Over Brexit, Investors Turn to BitcoinFortune
Bitcoin value surges as British pound tanks on BrexitThe Verge
Bitcoin startups talk about Brexit price spike and government-backed currenciesInternational Business Times UK
CoinDesk -Yahoo Finance -CNBC
all 78 news articles »

Posted on 24 June 2016 | 3:35 pm

Needham: 'Brexit' Boosts Bitcoin Price, But Too Early to Call it a Safe Haven - CoinDesk


Needham: 'Brexit' Boosts Bitcoin Price, But Too Early to Call it a Safe Haven
CoinDesk
Despite the increase in the price of bitcoin amid the UK's recent EU referendum, a new research note from Needham & Company asserts it might be too early to call the digital currency a “safe haven” asset. Global bitcoin prices have risen nearly 6% over ...

Posted on 24 June 2016 | 2:52 pm

Bitcoin surges after Brexit sinks pound - USA TODAY


USA TODAY

Bitcoin surges after Brexit sinks pound
USA TODAY
Bitcoin prices surged Friday after news the United Kingdom would leave the European Union sent investors out of stocks, commodities and the British pound, which dropped to a three-decade low. The price of the digital currency spiked as high as $680.19 ...
Great Britain may be out of the EU, but bitcoin is definitely in the blackDigital Trends
BREXIT: Bitcoin price ROCKETS as markets ditch poundExpress.co.uk
Bitcoin jumps to $650 as UK decides to quit EUITProPortal

all 4 news articles »

Posted on 24 June 2016 | 2:50 pm

Updated: Segregated Witness Merged Into Bitcoin Core Release - Bitcoin Magazine


Bitcoin Magazine

Updated: Segregated Witness Merged Into Bitcoin Core Release
Bitcoin Magazine
During a Bitcoin Core development meeting on Thursday, it was decided that the code for Segregated Witness (SegWit) is ready to be merged into the master branch. According to Bitcoin Core contributor Eric Lombrozo, the merge is expected to take place ...
Summer of SegWit: Bitcoin Core Begins Segregated Witness Soft ForkCoinTelegraph

all 3 news articles »

Posted on 24 June 2016 | 11:05 am

Brexit Was Bitcoin's Turn to Shine - Wall Street Journal (blog)


Wall Street Journal (blog)

Brexit Was Bitcoin's Turn to Shine
Wall Street Journal (blog)
Gold is so last millennium. When traders were under the false impression that Britain's “remain” campaign had the upper hand, it was Bitcoin, not the barbarous relic, that really took it on the chin. The popular State Street SPDR exchange traded fund ...

Posted on 24 June 2016 | 9:24 am

The Latest Bitcoin Hurdle: How to Tax It - Wall Street Journal


Wall Street Journal

The Latest Bitcoin Hurdle: How to Tax It
Wall Street Journal
A little more than two years after the Internal Revenue Service issued bare-bones guidance on bitcoin and other digital currencies, the agency still hasn't addressed many important tax matters affecting them. The American Institute of CPAs sent the IRS ...

and more »

Posted on 24 June 2016 | 9:15 am

Ethereum for the Overwhelmed Layman

Confused about Ethereum? Cryptocurrency investment fund manager Jacob Eliosoff gives his ELI5 overview of the emerging tech.

Posted on 25 June 2016 | 6:00 am

Bitcoin Rollercoaster Rides Brexit As Ether Price Holds Amid DAO Debacle

Bitcoin and ether prices rode a rollercoaster during the week ending 24th June, a period defined by the UK's vote to leave the European Union.

Posted on 24 June 2016 | 4:30 pm

Blockchain Startup Everledger Joins MasterCard Incubator

MasterCard has selected diamond provenance startup Everledger for its summer startup incubator. One of seven companies to join the 2016 Start Path Global program, Everledger will receive assistance from MasterCard to scale its operations and enter new markets. The startups will begin the program by working with MasterCard during a week-long immersion in London, followed […]

Posted on 24 June 2016 | 11:59 am

BNP Paribas Lab to Focus on Distributed Ledgers

BNP Paribas Securities Services has announced a new innovation lab that will focus on big data and distributed ledger tech.

Posted on 24 June 2016 | 8:50 am

CoinDesk’s Ethereum Research Report Now Available

CoinDesk Research has released "Understanding Ethereum", a 48-page deep dive into one of the most exciting blockchain projects today.

Posted on 24 June 2016 | 8:00 am

The DAO Shows Blockchain Can't Code Away Social Problems

CoinDesk columnist Bailey Reutzel takes aim at what she believes are the social misconceptions that led to the debacle at The DAO.

Posted on 24 June 2016 | 6:30 am

Bitcoin Price Spikes to $650 as Outlook Shifts for ‘Brexit’

The price of bitcoin is rising at press time, passing the $650 mark just a day after dropping to a weekly low of $550.

Posted on 23 June 2016 | 9:12 pm

Survey: Blockchain Capital Markets Spending to Reach $1 Billion in 2016

A new survey estimates that finance companies will invest as much as $1bn on blockchain initiatives related to capital markets in 2016.

Posted on 23 June 2016 | 2:34 pm

Ex-Ethereum CEO: Foundation Should Not Intervene to Save The DAO

Ethereum's first CEO said he believes the current situation at The DAO was fueled by "greed and arrogance".

Posted on 23 June 2016 | 1:58 pm

Dutch Central Bank Presents Results of Cryptocurrency Experiments

A senior official for the central bank of The Netherlands recently presented the results of two internal cryptocurrency tests.

Posted on 23 June 2016 | 11:59 am

Mizuho Tests Digital Currency-Powered Settlement

Built in partnership with IBM Mizuho Financial Group announced today that it has tested the use of a token-based blockchain settlement system.

Posted on 23 June 2016 | 6:43 am

Colu Raises $9.6 Million to Promote Blockchain-Based Local Currencies

Tel Aviv-based blockchain startup Colu has raised $9.6m amid a shift in its business model to local currency issuance.

Posted on 22 June 2016 | 10:59 pm

Bitcoin Price Drops Below $600 As ‘Brexit’ Hopes Falter

The price of bitcoin fell $100 during a five-hour span today, dropping 15% over the current session as macroeconomic worries faded.

Posted on 22 June 2016 | 8:42 pm

Blockchain Startup Circle Raises $60 Million Amid China Expansion

Blockchain-based social payments app Circle has raised $60m in new funding as it expands to China.

Posted on 22 June 2016 | 5:23 pm

Ether Prices Fluctuate Wildly Amid Ethereum Fork Concerns

The price of ether, the native digital asset powering the ethereum network, has fluctuated wildly over the last few days as its developers struggled to determine how to resolve the loss of investor funds at one of the platform’s signature projects. At issue is the loss of roughly 3.6m ETH taken from a distributed autonomous […]

Posted on 22 June 2016 | 5:20 pm

Segregated Witness Will Be Merged Into Bitcoin Core Release Soon

During a Bitcoin Core development meeting on Thursday, it was decided that the code for Segregated Witness (SegWit) is ready to be merged...

The post Segregated Witness Will Be Merged Into Bitcoin Core Release Soon appeared first on Bitcoin Magazine.

Posted on

BTCC's Bobby Lee: Chinese Capital Controls Not a Factor in Recent Bitcoin Price Rise

As the price of Bitcoin continues its wild ride, expert observers weigh in on the reasons: China, halving, Japan, Brexit ‒ all seen as...

The post BTCC's Bobby Lee: Chinese Capital Controls Not a Factor in Recent Bitcoin Price Rise appeared first on Bitcoin Magazine.

Posted on

Sweden Conducts Trials of a Blockchain Smart Contracts Technology for Land Registry 

The Swedish National Land Survey (Lantmäteriet) recently announced that it is conducting trials of a system that uses blockchain technology...

The post Sweden Conducts Trials of a Blockchain Smart Contracts Technology for Land Registry  appeared first on Bitcoin Magazine.

Posted on

Bank of England Launches Fintech Accelerator, Partners With PwC on Distributed Ledger Project

In a speech prepared for the Lord Mayor’s Banquet for Bankers and Merchants of the City of London at the Mansion House, Mark Carney,...

The post Bank of England Launches Fintech Accelerator, Partners With PwC on Distributed Ledger Project appeared first on Bitcoin Magazine.

Posted on

What Are the Use Cases for Private Blockchains? The Experts Weigh In

Many people argue that private blockchains, run by private firms, are useless, since they make users dependent upon a third party ‒ the firm...

The post What Are the Use Cases for Private Blockchains? The Experts Weigh In appeared first on Bitcoin Magazine.

Posted on

Caricoin Launches Bitcoin Wallet for the Financially Underserved in the Caribbean

U.K.-based Bitcoin startup Caricoin recently announced the launch of a Bitcoin wallet for the Caribbean. The wallet has been developed in...

The post Caricoin Launches Bitcoin Wallet for the Financially Underserved in the Caribbean appeared first on Bitcoin Magazine.

Posted on

The Ethereum Community Debates Soft Fork to Blacklist Funds in Wake of $50M DAO Heist

The DAO, a decentralized autonomous organization built on the Ethereum blockchain, has been the subject of a continued hack today that has...

The post The Ethereum Community Debates Soft Fork to Blacklist Funds in Wake of $50M DAO Heist appeared first on Bitcoin Magazine.

Posted on

June 25, 2016 -
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