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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-Qt v0.9.0rc3 released

Posted on 13 March 2014 | 3:21 am

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Poll: Should businesses buy Bitcoin? - TechRepublic


TechRepublic

Poll: Should businesses buy Bitcoin?
TechRepublic
Think you'll never need Bitcoin? Think again. Though the virtual currency isn't yet mainstream, the technology at the heart of Bitcoin is undeniably powerful. Bitcoin has carved a few niche markets, including futurists, hackers, and black market ...
Is Bitcoin about to soar to new heights?newsBTC
Bitcoin: The Currency Of The Future?The Market Mogul
Could using bitcoin improve your online gaming experience?Tapscape

all 4 news articles »

Posted on 25 August 2016 | 9:37 am

Bitcoin Privacy Tool 'CoinShuffle' Sees First Transaction - CoinDesk


Bitcoin Privacy Tool 'CoinShuffle' Sees First Transaction
CoinDesk
A type of anonymous bitcoin transaction that privacy enthusiasts have been awaiting for years has finally been tested successfully. Sent on the bitcoin test network earlier this month, the transaction is possibly the first real-world implementation of ...

Posted on 25 August 2016 | 9:01 am

Why the Winklevoss Brothers Are Still Waiting for a Bitcoin ETF - CoinDesk


CoinDesk

Why the Winklevoss Brothers Are Still Waiting for a Bitcoin ETF
CoinDesk
The Winklevoss Bitcoin Trust may be inching closer to becoming the first bitcoin ETF listed on a major stock exchange, but that potentially historic date could be further off than some might think. Announced three years ago by investors Tyler and ...

and more »

Posted on 25 August 2016 | 7:32 am

Bitcoin Exchange BTCTürk Halts Operations in Turkey - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Exchange BTCTürk Halts Operations in Turkey
CryptoCoinsNews
Turkish bitcoin exchange BTCTürk, operational since 2013 has been forced to cease its operations in Turkey after failing to find support from local banks, the last of whom terminated BTCTürk's banking account. Turkey's sole bitcoin exchange, BTCTürk ...

Posted on 25 August 2016 | 7:19 am

The Bitcoin Patent – Only A Matter Of Time? - CoinDesk


CoinDesk

The Bitcoin Patent – Only A Matter Of Time?
CoinDesk
The birth of bitcoin came in 2008 in a paper entitled "Bitcoin: A Peer-to-Peer Electronic Cash System" by the pseudonymous Satoshi Nakamoto. The genesis block – the first block of transactions – was created the following year, and the network has ...

Posted on 25 August 2016 | 6:08 am

US Govt Backed Research Develops Bitcoin 'De-Anonymization' Tool - CryptoCoinsNews


CryptoCoinsNews

US Govt Backed Research Develops Bitcoin 'De-Anonymization' Tool
CryptoCoinsNews
As bitcoin becomes an increasingly accepted form of payment in our day-to-day lives, law enforcement are realizing that they need to utilize innovative approaches that will aid them in their money-laundering and cyber theft investigations. However ...
Federally funded research lab seeks to end bitcoin anonymityEconoTimes

all 2 news articles »

Posted on 25 August 2016 | 5:24 am

Bitcoin Helps Uber Stand Strong in Argentina, Months After Card Ban - CoinTelegraph


CoinTelegraph

Bitcoin Helps Uber Stand Strong in Argentina, Months After Card Ban
CoinTelegraph
Despite being banned from using card payment services, Uber is still fighting the good fight in Argentina, in part thanks to using Bitcoin debit cards that can't be shut down. 978 Total views. 236 Total shares ...

Posted on 25 August 2016 | 5:18 am

Majority of Global Exchanges Now Testing Distributed Ledger Tech

The majority of global exchanges are now exploring distributed ledgers according to a new trade organization report.

Posted on 25 August 2016 | 9:40 am

Bitcoin Privacy Tool ’CoinShuffle' Sees First Transaction

A type of anonymous bitcoin transaction that privacy enthusiasts have been awaiting for years has finally been tested successfully.

Posted on 25 August 2016 | 9:01 am

Why the Winklevoss Brothers Are Still Waiting for a Bitcoin ETF

Confusion over deadlines may be leading to premature excitement about the Winklevoss Bitcoin ETF, a bitcoin investment vehicle awaiting SEC approval.

Posted on 25 August 2016 | 7:21 am

The Bitcoin Patent – Only A Matter Of Time?

In this OpEd, two patent attorneys discuss whether bitcoin could be patented, and whether a bitcoin patent would be enforceable if it was granted.

Posted on 25 August 2016 | 5:30 am

Moscow Government to Explore Blockchain Voting

Government officials in Moscow today revealed plans to investigate applications of blockchain technology.

Posted on 24 August 2016 | 5:17 pm

R3 Files Patent Application for Distributed Ledger Tech

New York-based startup R3CEV has reportedly filed for a patent for a blockchain-inspired financial platform.

Posted on 24 August 2016 | 9:26 am

MIT Study Reveals New Data on Free Bitcoin Airdrop

A new study by MIT researchers has provided details on a free bitcoin giveaway conducted at the US university in 2014.

Posted on 24 August 2016 | 8:23 am

Litecoin Price Spikes 10% as Coinbase Exchange Turns on Trading

Litecoin prices rose nearly 10% today as word the digital currency would be listed on Coinbase's GDAX exchange spread among traders.

Posted on 23 August 2016 | 6:41 pm

Big Banks Band Together to Launch 'Settlement Coin'

Four banks have reportedly partnered on a blockchain project aimed at creating a means to clear and settle transactions worldwide.

Posted on 23 August 2016 | 5:27 pm

Bitfury Research Shines Light on Bitcoin Privacy Weaknesses

A new Bitfury white paper aims to advance the study of how bitcoins sent using certain privacy-enhancing techniques can be traced to participants.

Posted on 23 August 2016 | 3:34 pm

US Nuclear Research Lab Developing Bitcoin Analysis Tool

A federally funded research laboratory run by a subsidiary of Lockheed Martin is developing a bitcoin analytics tool for the US government.

Posted on 23 August 2016 | 1:15 pm

Bank of Japan: Blockchain Could Alter Financial Services

Japan's central bank issued remarks this week that found it forecasting that blockchain could come to have a fundamental impact on finance.

Posted on 23 August 2016 | 11:46 am

Florida Files Appeal After Charges Against Bitcoin Seller Dismissed

The state of Florida has appealed a recent court decision that saw a judge rule bitcoin isn't money.

Posted on 22 August 2016 | 3:35 pm

Unknown Bidder Buys $1.6 Million in Bitcoin at US Government Auction

A winning bidder has claimed 2,700 BTC (worth $1.58m) at an auction held by the US Marshals Service (USMS).

Posted on 22 August 2016 | 2:26 pm

One Month After Ethereum Fork, Millions in DAO Funds Unclaimed

It's been a month since the ethereum hard fork moved $150m worth of DAO ether into a withdraw-only account. Today, $25m is still unclaimed.

Posted on 22 August 2016 | 12:41 pm

Japanese Banks, E-Commerce Giant Ramp Up Blockchain Development

Blockchain technology has gotten a major boost in Japan as Rakuten has committed itself to the research and development of blockchain...

The post Japanese Banks, E-Commerce Giant Ramp Up Blockchain Development appeared first on Bitcoin Magazine.

Posted on

Chain Joins Industry-Academia Blockchain Initiative to Solve Interoperability and Scalability Issues

Chain Inc., a blockchain company specializing in enterprise software for financial firms, has joined the Initiative for Cryptocurrency and...

The post Chain Joins Industry-Academia Blockchain Initiative to Solve Interoperability and Scalability Issues appeared first on Bitcoin Magazine.

Posted on

What’s New in Bitcoin Core 0.13.0?

Today marks the official release of Bitcoin Core 0.13.0, the thirteenth generation of Bitcoin's reference client as first launched by...

The post What’s New in Bitcoin Core 0.13.0? appeared first on Bitcoin Magazine.

Posted on

Ethereum Classic Community Navigates a Distinct Path to the Future

Ethereum Classic started off as what is perhaps best described as a protest movement, opposing a (perceived) bailout of Ethereum’s...

The post Ethereum Classic Community Navigates a Distinct Path to the Future appeared first on Bitcoin Magazine.

Posted on

World Economic Forum Examines How Blockchain Can Reshape Financial Services

Article written by Leah Zitter On August 11, 2016, the World Economic Forum (WEF) released a 300-page report entitled The future of...

The post World Economic Forum Examines How Blockchain Can Reshape Financial Services appeared first on Bitcoin Magazine.

Posted on

Does the Open-Source Model Enable Bitcoin-Stealing Wallet Apps?

According to an Apple Insider report published on August 9, a disturbing trend has emerged on Apple’s App Store as a series of malicious...

The post Does the Open-Source Model Enable Bitcoin-Stealing Wallet Apps? appeared first on Bitcoin Magazine.

Posted on

August 25, 2016 -
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