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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

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Bitcoin v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Bitcoin vs. Ether: We Will Invest In and Transact with Ether Differently, Here is Why - CoinTelegraph


CoinTelegraph

Bitcoin vs. Ether: We Will Invest In and Transact with Ether Differently, Here is Why
CoinTelegraph
Analyst and Blockchain Products Lead at ARK Investment Management, Chris Burniske, predicts that Bitcoin will be used more as a store of value, while Ether, which is needed to power the smart contracts that are the main appeal of the Ethereum network, ...
DAO Proposals Are Being Voted OnLive Bitcoin News
Bitcoin exchange Kraken announces support for DAO tradingEconoTimes

all 30 news articles »

Posted on 30 May 2016 | 12:12 pm

What Is Bitcoin? 5 Things You Need to Know - Profit Confidential


Profit Confidential

What Is Bitcoin? 5 Things You Need to Know
Profit Confidential
Bitcoin, the world's most popular digital currency, has been on a tear in 2016, up 32% since the markets bottomed in mid-January. But what is bitcoin? Should investors jump on board? Before you start investing in bitcoins and counting your profits, ...
Money of XXI Century: All You Need to Know About CryptocurrenciesSputnik International
Why I'm a Proud “Altcoin Shill”CoinTelegraph

all 4 news articles »

Posted on 30 May 2016 | 9:10 am

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
MarketsBitcoin's dollar value spikes as auction announcedFinancial Times
The price of bitcoin just surged to a 20-month highQuartz
Newsweek -CoinDesk -Newstalk 106-108 fm
all 37 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 that was at the center of a boom and bust in the crypto-currency. The four-day surge in bitcoin since Friday has added ...
Bitcoin price jumps 21 percent over 4 days, reaching a 21-month highTechCrunch
Chinese demand propels price of Bitcoin by 30%Shanghai Daily (subscription)
Weakening Chinese yuan pushes Bitcoin to hit $500 sweet spotCalvinAyre.com
Bitcoinist.net -Nasdaq -The Merkle
all 16 news articles »

Posted on 30 May 2016 | 5:37 am

Is Bitcoin Really Money? Economics Professor Says 'No' In Landmark Criminal Case - International Business Times


International Business Times

Is Bitcoin Really Money? Economics Professor Says 'No' In Landmark Criminal Case
International Business Times
Should bitcoin be considered money? It is a question which banks, government, regulators and financial institutions around the world have been grappling with for years, but now the question could finally be answered in a ground-breaking court case, the ...
Economics professor Charles Evans says bitcoin isn't real money in Miami money-laundering caseCoinReport

all 2 news articles »

Posted on 30 May 2016 | 5:16 am

Bitcoin ATMs Are Popular With the Unbanked, But the Regulatory Future Is Unclear - Motherboard


Motherboard

Bitcoin ATMs Are Popular With the Unbanked, But the Regulatory Future Is Unclear
Motherboard
A trend is emerging in the Bitcoin ATM industry. Demand for the services among the underbanked and unbanked has seen steady growth in the two years since the industry's first Bitcoin ATMs—often referred to as Bitcoin Transaction Machines, ...

and more »

Posted on 30 May 2016 | 5:06 am

Ex-Citi Trader's Bitcoin Exchange Skirts Currency Curbs - Bloomberg


Bloomberg

Ex-Citi Trader's Bitcoin Exchange Skirts Currency Curbs
Bloomberg
It was after Arthur Hayes got laid off from Citigroup Inc. in 2013 that he stumbled across one of the simplest ways to make money he'd ever seen. He was living in Hong Kong and saw the price of bitcoin across the China border was much higher. He hopped ...
Bitcoin Derivatives Exchange Expands, Skirting China's Currency CurbsCryptoCoinsNews
BitCoin News: A BitCoin Market for a BitCoin Exchange, Diversifying in Chinese Currency ValueFX News Call

all 3 news articles »

Posted on 29 May 2016 | 4:29 pm

Dubai's Global Blockchain Council Unveils First Pilot Projects

Members of Dubai’s Global Blockchain Council (GBC) unveiled seven new proofs-of-concept at industry conference Keynote 2016 today.

Posted on 30 May 2016 | 5:05 am

Ernst & Young to Sell $12 Million in Bitcoin at Auction

Ernst & Young has announced it will auction $12.9m worth of bitcoin confiscated from a former Silk Road user.

Posted on 30 May 2016 | 12:20 am

Why ABN Amro Wants to Separate Bitcoin from the Blockchain

ABN Amro managing director Karin Kersten discusses her firm's blockchain strategy and use cases.

Posted on 29 May 2016 | 11:08 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

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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

Kraken to Add DAO Trading as Critics Call for ‘Moratorium’

Amid a vibrant public debate, digital currency exchange operator Kraken has announced it will begin trading The DAO tokens.

Posted on 27 May 2016 | 2:55 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

Bitcoin Price Hits Six-Month High Amid 5% Surge

Bitcoin prices surged more than 5% in the early hours of 27th May, to reach a more than six-month high.

Posted on 27 May 2016 | 10:36 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

Nasdaq Opens Blockchain Services to Global Exchange Partners

Nasdaq's new financial infrastructure hub could pave the way for other exchanges to start using blockchain technology in a wide range of services.

Posted on 26 May 2016 | 12:18 pm

Santander UK to Launch Ripple-Powered Payments App in 2016

The UK arm of Spanish banking group Santander has developed a new payments app in partnership with distributed ledger startup Ripple.

Posted on 26 May 2016 | 11:30 am

21 Unveils Vision for Bitcoin-Powered Weather Data Market

Bitcoin’s best-funded startup, 21 Inc, unveiled a new proof-of-concept that envisions how its developer tools could fuel a weather marketplace.

Posted on 26 May 2016 | 9:55 am

EU Parliament Approves Proposal for Digital Currency Task Force

The European Parliament has voted to recommend that the bloc’s government create a task force dedicated to digital currencies and blockchain.

Posted on 26 May 2016 | 8:37 am

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

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

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

Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork

Although there has been some serious, public drama over scaling in the Bitcoin community for over a year, it appears that the community is...

The post Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork appeared first on Bitcoin Magazine.

Posted on

May 30, 2016 -
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