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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

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

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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Bitcoin Price Finds its Climbing Boots Again - CryptoCoinsNews


Bitcoin Price Finds its Climbing Boots Again
CryptoCoinsNews
The price climb registers at a time when the devaluation of the Chinese yuan continues, turning Chinese investors over to bitcoin. In January 2017, the foreign currency cap imposed by the Chinese government for the amount of foreign currency that a ...

Posted on 8 December 2016 | 12:56 pm

Japan Could Drop 8% Bitcoin Sales Tax By Mid-2017 - CoinDesk


Japan Could Drop 8% Bitcoin Sales Tax By Mid-2017
CoinDesk
Japan's plan to drop an 8% sales tax on bitcoin purchases could take effect as early as July 2017, according to documents obtained by CoinDesk. Though subject to final approval by senior Japanese government officials, an annual tax document prepared by ...

Posted on 8 December 2016 | 9:24 am

Want To Follow Your Donation In Real Time? Bitcoin Non-Profit BitGive Launches Donation Tracker - Forbes


Forbes

Want To Follow Your Donation In Real Time? Bitcoin Non-Profit BitGive Launches Donation Tracker
Forbes
The blockchain technology that underpins the cryptocurrency bitcoin has often been described as a potential solution to industries that suffer from fraud or a lack of transparency and trust. BitGive, the first Bitcoin non-profit (registered as a 501(c ...

Posted on 8 December 2016 | 8:00 am

The Frontier Of Blockchain Adoption Will Be...Bitcoin Circa 2010 - Nasdaq


Nasdaq

The Frontier Of Blockchain Adoption Will Be...Bitcoin Circa 2010
Nasdaq
There is some amazing technology being developed by blockchain startups, but the reality is that the first mass-market applications will use very little of it. In fact, the earliest big use-cases are likely to be nothing more than what bitcoin, the ...

Posted on 8 December 2016 | 8:00 am

Venezuelans Don't Believe in Bitcoin. They Need Bitcoin. - Reason (blog)


Venezuelans Don't Believe in Bitcoin. They Need Bitcoin.
Reason (blog)
A main gathering place for Venezuela's growing bitcoin community is a secret Facebook group started in 2013 by a young libertarian activist named Randy Brito. As I recounted in a feature story in the current issue of Reason magazine, "The Secret, ...

Posted on 8 December 2016 | 6:18 am

Prosecutors Pay Bitcoin Ransom, Yet IRS Targets Coinbase Data - Forbes


Forbes

Prosecutors Pay Bitcoin Ransom, Yet IRS Targets Coinbase Data
Forbes
IRS wants to know who is using Bitcoin and in what amounts. So much for anonymity. Meanwhile, even the government seems to be paying Bitcoin ransom.
The IRS Must Adapt to Cryptocurrency, Not Accuse Bitcoin Users of ...Finance Magnates

all 2 news articles »

Posted on 8 December 2016 | 12:30 am

Bitcoin Is Expected to Surge 165% Thanks to Donald Trump - Fortune


Fortune

Bitcoin Is Expected to Surge 165% Thanks to Donald Trump
Fortune
Now, the digital currency could ramp up another 165% over the course of 2017 thanks to Donald Trump's “spending binge,” Denmark-based Saxo Bank wrote in a report titled “Outrageous Predictions for 2017.” The bank says Bitcoin could hit over $2,100.
Bitcoin predicted to rise 165% to $2000 in 2017 driven by Trump's 'spending binge' and dollar rallyCNBC
Bitcoin Values Could Triple Under Donald TrumpMoney Magazine
Bitcoin Price Could Triple in 2017, Saxo Bank Says in 'Outrageous' PredictionCoinDesk
Investopedia -newsBTC -CryptoCoinsNews -S3 amazonaws com
all 34 news articles »

Posted on 7 December 2016 | 9:28 am

Why This Well-Funded Startup Just Gave Up on Bitcoin - Fortune


Fortune

Why This Well-Funded Startup Just Gave Up on Bitcoin
Fortune
Now, Circle is bailing on bitcoin altogether. The company announced on Wednesday it is focusing on other things, and that its bitcoin customers can cash out or else transfer their accounts to another company, Coinbase, if they wish to keep buying and ...
Bitcoin Powerhouse Will Pull the Plug on Bitcoin - WSJWall Street Journal
Payments start-up Circle moves away from bitcoin businessReuters
What the Blockchain Industry is Saying About Circle's Bitcoin ShiftCoinDesk
TechCrunch -CoinTelegraph
all 17 news articles »

Posted on 7 December 2016 | 7:42 am

Toward Metropolis: After Blockchain Repairs, Ethereum Looks Ahead

After months of focusing on network upgrades, ethereum developers are shifting attention toward their next major software release.

Source

Posted on 8 December 2016 | 12:30 pm

Blockchain Voting Project Wins $10k Kapersky Labs Prize

A blockchain voting project netted $10,000 in a recent contest organized by cybersecurity firm Kapersky Labs.

Source

Posted on 8 December 2016 | 10:44 am

Inside 'Spark': Circle's New Bitcoin-Powered Smart Contract Platform

Overshadowed by its decision to cut bitcoin services, Circle announced new tech yesterday. Here's how it works.

Source

Posted on 8 December 2016 | 8:05 am

Mizuho Bank Weighs Digital Currency Services Offering

Mizuho Bank is weighing possible client-facing services after testing a prototype digital currency in partnership with IBM Japan.

Source

Posted on 8 December 2016 | 6:07 am

Bitcoin's Price is Inching Back Up Toward its 2016 High

Bitcoin prices moved back toward annual highs on 7th December, coming within 2% of the $781.31 it reached in June 2016.

Source

Posted on 8 December 2016 | 5:00 am

What the Blockchain Industry is Saying About Circle's Bitcoin Shift

Industry observers, startup execs and researchers weigh in on Circle's shift away from its bitcoin exchange service.

Source

Posted on 7 December 2016 | 3:15 pm

Chain Reveals 'Ivy' Smart Contract Language in First Public Demo

Venture-backed startup Chain gives first ever public demo of its Ivy smart contract language.

Source

Posted on 7 December 2016 | 12:45 pm

Bitcoin Price Could Triple in 2017, Saxo Bank Says in 'Outrageous' Prediction

Danish investment bank Saxobank has an “outrageous” prediction for 2017: the price of bitcoin could triple.

Source

Posted on 7 December 2016 | 7:28 am

Is Your Blockchain Token a Security? Coinbase Leads Legal Framework Launch

Coinbase, Coin Center and Union Square Ventures have released new research into the distributed application business model.

Source

Posted on 7 December 2016 | 6:59 am

Circle Cuts Bitcoin Buying and Selling in Product Pivot

Circle Internet Financial has announced it will no longer allow customers to buy and sell bitcoin.

Source

Posted on 7 December 2016 | 5:28 am

Zcash Price Continues Downward Spiral Below $50

Zcash (ZEC) prices fell below $50 for the first time ever on 6th December, less than two months after the token's launch.

Source

Posted on 7 December 2016 | 4:54 am

ECB, Bank of Japan Launch Joint Distributed Ledger Research Effort

The European Central Bank is weighing the use of distributed ledger tech in partnership with Japan’s central bank.

Source

Posted on 6 December 2016 | 3:47 pm

Hackers Steal Over $300k From One of Blockchain's Biggest VCs

A notable blockchain industry investor was hacked today.

Source

Posted on 6 December 2016 | 2:38 pm

Russia's Controversial Bitcoin Bill Could See Further Delays

Russia’s finance ministry is reportedly looking to introduce a bill regulating cryptocurrency sometime next year.

Source

Posted on 6 December 2016 | 11:52 am

Austria's Erste Bank Awards Ethereum Projects in Startup Contest

Two ethereum projects won plaudits at a recent startup contest sponsored by Austria-based Erste Bank.

Source

Posted on 6 December 2016 | 10:21 am

Donald Trump's Transition is a Trial Run for Smart Contracts

With the incoming president hinting that he will deregulate many industries, how can blockchain devs stop their code being trapped in the past?

Source

Posted on 6 December 2016 | 8:00 am

Book of Orbs Wallet Promotes “True Ownership” of In-Game Assets on the Blockchain

Trading card games and the digital world are becoming a huge market for game players searching for a place to legally trade their in-game...

The post Book of Orbs Wallet Promotes “True Ownership” of In-Game Assets on the Blockchain appeared first on Bitcoin Magazine.

Posted on

Beyond Bitcoin: Circle Pivots to Next-Gen Blockchain-Enabled Social Payments

The Wall Street Journal posted a story on December 7, 2017 titled “Bitcoin Powerhouse Will Pull the Plug on Bitcoin.” In fact, “bitcoin...

The post Beyond Bitcoin: Circle Pivots to Next-Gen Blockchain-Enabled Social Payments appeared first on Bitcoin Magazine.

Posted on

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Distributed: Markets Event to Convene Blockchain Payments, FinServices Innovators in Atlanta

In the midst of white hot global competition for blockchain innovation and investment, the capital of financial services and fintech...

The post Distributed: Markets Event to Convene Blockchain Payments, FinServices Innovators in Atlanta appeared first on Bitcoin Magazine.

Posted on

Global Banks and Financial Operators Using Stellar to Create a Global Payment Network

Stellar is announcing four new partnerships with financial institutions that will enable low cost global money transfers to the Philippines,...

The post Global Banks and Financial Operators Using Stellar to Create a Global Payment Network appeared first on Bitcoin Magazine.

Posted on

What to Do if Your Bitcoin Transaction Gets "Stuck"

The number of transactions on the Bitcoin network has steadily increased over the years. This means more blocks are filling up. And as not...

The post What to Do if Your Bitcoin Transaction Gets "Stuck" appeared first on Bitcoin Magazine.

Posted on

EU State-By-State Regulation of Bitcoin, Digital Currencies: What Are the Implications?

The European Commission’s recent decision to delay new anti-money laundering legislation by six-months is the latest in a string of new...

The post EU State-By-State Regulation of Bitcoin, Digital Currencies: What Are the Implications? appeared first on Bitcoin Magazine.

Posted on

Ross Ulbricht Reflects on Life in Prison; New Proof of Evidence-Tampering by Law Enforcement

Today, in a breaking development, Ross Ulbricht’s defense team has revealed that on November 18, 2013, someone logged into accounts on the...

The post Ross Ulbricht Reflects on Life in Prison; New Proof of Evidence-Tampering by Law Enforcement appeared first on Bitcoin Magazine.

Posted on

Symbiont's Lisa Yin Brings "Deep Understanding" of Cryptography Techniques to Blockchain

Symbiont, a blockchain company developing a smart contract platform for institutional applications of distributed ledger technology, has...

The post Symbiont's Lisa Yin Brings "Deep Understanding" of Cryptography Techniques to Blockchain appeared first on Bitcoin Magazine.

Posted on

Bitcoin Price Reaches 2-Year High in China; Experts Predict Bull Market Likely to Continue

The price of bitcoin in China surpassed two-year highs on leading Chinese exchanges today, as Chinese investors continue to seek safe...

The post Bitcoin Price Reaches 2-Year High in China; Experts Predict Bull Market Likely to Continue appeared first on Bitcoin Magazine.

Posted on

December 8, 2016 -
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