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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

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

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

A Cryptographer Named After Harry Potter's Archenemy is Helping Solve Bitcoin's Biggest Problems - CoinDesk


CoinDesk

A Cryptographer Named After Harry Potter's Archenemy is Helping Solve Bitcoin's Biggest Problems
CoinDesk
In what could become the latest strange-but-true chapter in bitcoin's history, an anonymous cryptographer named after Harry Potter's arch nemesis has put forth a proposal experts believe could help solve major issues facing the network. Authored by ...

Posted on 24 August 2016 | 11:16 am

Bitcoin Price At The Final Slump? - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price At The Final Slump?
CryptoCoinsNews
Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Bitcoin price continues slumping as the smaller timeframe chart indicators continue to swing wildly. This analysis is provided by xbt.social ...

Posted on 24 August 2016 | 10:01 am

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Bitwala Launches Bitcoin Wallet - How Safe Is It? - CoinTelegraph


CoinTelegraph

Bitwala Launches Bitcoin Wallet - How Safe Is It?
CoinTelegraph
Jörg von Minckwitz, CEO of Bitwala, notes that usability is vital when handling expenses with Bitcoin, and Bitwala is a step closer in bringing the currency into the mainstream as the wallet makes spending, holding and sending Bitcoins and Fiat easier.
BitGo bitcoin wallet adds new improvements to its serviceEconoTimes
Bitwala Launches New Wallet: Bills and POS All in OneBitcoinist.net

all 3 news articles »

Posted on 24 August 2016 | 9:49 am

Bitcoin distracts from the real value of blockchain | CIO - CIO


CIO

Bitcoin distracts from the real value of blockchain | CIO
CIO
If you are looking at bitcoin, you may be at risk of not seeing the full potential of blockchain. Bitcoin is somewhat of a distraction from the value blockchain may ...

and more »

Posted on 24 August 2016 | 9:33 am

Big banks push new digital currency to rival Bitcoin - New York Post


New York Post

Big banks push new digital currency to rival Bitcoin
New York Post
UBS has developed a “Utility Settlement Coin” (USC), which is a digital cash equivalent of each of the major currencies backed by central banks, such as the dollar or euro, rather than a decentralized new digital currency such as bitcoin. The USC would ...
4 Major Banks Confirm They Are Building Bitcoin-like Digital CurrencyCoinTelegraph
Big banks buckle down to build better bitcoinRT
Bitcoin for banksBusiness Standard
Breakingviews -Financial Times -PYMNTS.com -Financial Times
all 46 news articles »

Posted on 24 August 2016 | 8:44 am

MIT Study Reveals New Data on Free Bitcoin Airdrop - CoinDesk


MIT Study Reveals New Data on Free Bitcoin Airdrop
CoinDesk
Spurred by active enthusiasts on campus, the prestigious US university raised $500,000 with the goal of distributing $100 in bitcoin to every student on campus. Completed in the fall of 2014, the project would spur similar experiments at campuses ...

Posted on 24 August 2016 | 8:30 am

Bitcoin-Tech Firm Thinks This Name Can Unify Wall Street Behind Blockchain - Wall Street Journal


Bitcoin-Tech Firm Thinks This Name Can Unify Wall Street Behind Blockchain
Wall Street Journal
The goal of the firm has been to create standards for financial services based on “blockchain” technology, the open-ledger system used to trade the virtual currency bitcoin. It hopes to sell the product to the participant banks and others. Although ...

and more »

Posted on 24 August 2016 | 7:23 am

Bitfury Research Shines Light on Bitcoin Privacy Weaknesses - CoinDesk


CoinDesk

Bitfury Research Shines Light on Bitcoin Privacy Weaknesses
CoinDesk
A new Bitfury white paper aims to advance the study of how bitcoins sent using certain privacy-enhancing techniques could be traced back to participants. Released today, "Shared Send Untangling in Bitcoin" explores how bitcoins in this type of ...

Posted on 23 August 2016 | 4:16 pm

Blockchain 101 With Andreas Antonopoulos: How Bitcoin Makes Each Of Us As Powerful As A Bank - Forbes


Blockchain 101 With Andreas Antonopoulos: How Bitcoin Makes Each Of Us As Powerful As A Bank
Forbes
In early 2012, Andreas Antonopoulos was a computer scientist and distributed systems specialist working in security when he first heard about Bitcoin. Although he dismissed it a few times, once he delved into it more deeply, “I immediately understood ...

Posted on 23 August 2016 | 6:00 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

A Cryptographer Named After Harry Potter's Archenemy is Helping Solve Bitcoin's Biggest Problems

An anonymous cryptographer named after Harry Potter’s archenemy has put forth a proposal experts believe could help solve major issues facing bitcoin.

Posted on 24 August 2016 | 11:15 am

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

Blockchain Startup Chronicled Launches Ethereum IoT Registry

In an effort to build a standard for IoT, Chronicled is open sourcing a tool for registering connected devices on the ethereum blockchain.

Posted on 24 August 2016 | 5:55 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

South African Central Bank 'Open' to Blockchain and Cryptocurrency

South Africa’s central bank is “open” to cryptocurrencies and blockchain, according to new statements from its governor.

Posted on 23 August 2016 | 9:06 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

Bitfinex to Offer Company Equity to Reimburse Customer Losses

Bitfinex customers may soon have a way to convert the digital assets they were issued following the exchange's hack earlier this month.

Posted on 22 August 2016 | 8:00 am

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

PnP Fintech Startup Program May Signal Industry Shift From ‘Blockchain’ Back to Bitcoin

For at least the past year, many investors and entrepreneurs have been talking about the power of the blockchain for use in a variety of...

The post PnP Fintech Startup Program May Signal Industry Shift From ‘Blockchain’ Back to Bitcoin appeared first on Bitcoin Magazine.

Posted on

Strategic Alliance Formed to Speed Up Adoption of Blockchain Technology in China

The Chinese government has created a blockchain working group of government and blockchain industries to fast-forward the development and...

The post Strategic Alliance Formed to Speed Up Adoption of Blockchain Technology in China 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

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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

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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

Department of Homeland Security Awards Blockchain Tech Development Grants for Identity Management and Privacy Protection

In May, Bitcoin Magazine reported that both the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense (DoD)...

The post Department of Homeland Security Awards Blockchain Tech Development Grants for Identity Management and Privacy Protection 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

Mimblewimble: How a Stripped-Down Version of Bitcoin Could Improve Privacy, Fungibility and Scalability All at Once

All (full) Bitcoin nodes verify all transactions on the network. This allows the system to be entirely trustless and decentralized, but also...

The post Mimblewimble: How a Stripped-Down Version of Bitcoin Could Improve Privacy, Fungibility and Scalability All at Once appeared first on Bitcoin Magazine.

Posted on

August 24, 2016 -
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