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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

The Bitcoin Blocksize Blackjack Mining Blues - TechCrunch


TechCrunch

The Bitcoin Blocksize Blackjack Mining Blues
TechCrunch
Bitcoin: it's at a crucially important crossroads; it's approaching a crisis that threatens its very existence; it has never been more likely to erupt into enormous global importance. Which? Don't be ridiculous. It is all those things at once, of ...

Posted on 23 May 2015 | 7:01 am

Will the New UK Government Create a Bitcoin Hub? - CoinDesk


Will the New UK Government Create a Bitcoin Hub?
CoinDesk
Last week in the United Kingdom, the Conservative Party was re-elected into power. This article explores what their plans to regulate bitcoin might look like and whether they are capable of creating a bitcoin hub in the UK. The last government unveiled ...

Posted on 23 May 2015 | 5:09 am

Will the New UK Government Create a Bitcoin Hub?

What might the new UK government's plans for bitcoin regulation look like and is it capable of creating a bitcoin hub?

Posted on 23 May 2015 | 5:00 am

Bloomberg Special Report Highlights Current Trends and Issues in the Bitcoin Space

Bloomberg Brief has published a Special Report about Bitcoin. Written as an introduction for financial professionals and busy investors with little previous knowledge of Bitcoin, the report gives far too much space to marginal aspects such as price swings, scams and bankruptcies. However, while the depth of the analysis doesn’t match that of recent reports by Goldman Sachs and other top financial institutions, the Bloomberg report offers interesting insights and opinions that highlight current trends and issues in the Bitcoin space. Barry Silbert, founder and CEO of the Digital Currency Group and creator of the Bitcoin Investment Trust, the first Bitcoin investment vehicle publicly traded in the United States, focuses on the price of bitcoin and hopes it will increase. […]

The post Bloomberg Special Report Highlights Current Trends and Issues in the Bitcoin Space appeared first on Bitcoin Magazine.

Posted on 22 May 2015 | 11:04 am

Bitcoin-Based Investment Fund Added to IG

The first fund to offer bitcoin investment as part of a bespoke portfolio has launched on global derivatives trading platform IG.

Posted on 22 May 2015 | 10:40 am

Plug and Play Tech Center Hosts Retail and Fintech Expo for Startups

Bringing together more than 40 startup pitches on both the retail and fintech verticals at the consortium, the Plug and Play Tech Center Expo day included three keynotes from the founder of Plug and Play Tech Center Saeed Amidi, Managing Director of Citi Ventures Debra Brackeen and founder of the Lending Club Renaud Laplanche. Saeed Amidi started the day off with remarks summing up the mission of Plug and Play to bring together software for two industries and create a matchmaking haven where corporations could come to find solutions to their vexing technological problems, understand emerging markets and nurture and mentor the next generation of technological advancement. Debbie Brackeen was excited to describe Citi Ventures fund as a proving ground […]

The post Plug and Play Tech Center Hosts Retail and Fintech Expo for Startups appeared first on Bitcoin Magazine.

Posted on 22 May 2015 | 10:02 am

Bitfinex Warns Customers to Halt Deposits After Suspected Hack

UPDATE (22nd May, 17:2opm GMT): A representative from Bitfinex has indicated it has generated a new hot wallet on a "failsafe machine". It expects deposits and withdrawals will be live "soon", after the wallet has successfully synced. Popular bitcoin exchange Bitfinex today urged customers to halt deposits while it investigates a suspected hack. In a statement released this morning, […]

Posted on 22 May 2015 | 7:08 am

Payment Processor Unveils Bitcoin Startup at Plug and Play Expo - CoinDesk


CoinDesk

Payment Processor Unveils Bitcoin Startup at Plug and Play Expo
CoinDesk
Plug and Play Tech Center celebrated its inaugural batch of FinTech startups, including a new bitcoin exchange from payment processor Netopia, at an event in the heart of Silicon Valley yesterday. "The big doomsday we're seeing now is death by a ...

and more »

Posted on 22 May 2015 | 5:31 am

Payment Processor Unveils Bitcoin Startup at Plug and Play Expo

European payment processor Netopia mobilPay revealed its new bitcoin startup as part of Plug and Play's Retail & FinTech Expo yesterday.

Posted on 22 May 2015 | 5:27 am

Bloomberg Report Points Finger at Hoarders for Bitcoin's Low Price - CoinTelegraph


CoinTelegraph

Bloomberg Report Points Finger at Hoarders for Bitcoin's Low Price
CoinTelegraph
Bloomberg has released the latest edition in its Bloomberg Briefs series, in the form of a special report dealing solely with Bitcoin and its future. The series, which Bloomberg claims circulates to over 300 thousand subscribers, features opinion from ...
Bloomberg Special Report Highlights Current Trends and Issues in the Bitcoin ...Bitcoin Magazine

all 2 news articles »

Posted on 22 May 2015 | 3:57 am

BitcoinTalk Server Compromised During Social Engineering Attack

Popular digital currency forum BitcoinTalk has been taken offline following a social engineering attack that resulted in a server compromise.

Posted on 22 May 2015 | 12:21 am

Propose to your beloved with this bitcoin engagement ring - Engadget


Engadget

Propose to your beloved with this bitcoin engagement ring
Engadget
So, since the act is already about ostentatious displays of wealth, why not invest your money in something more useful than a big rock -- like bitcoin? That's the idea behind the bitcoin ring, a 3D-printed piece of jewelry with a QR code that lets ...
Nothing says everlasting love like a Bitcoin engagement ringMashable
Don't Spend Money on Diamonds - Propose with Bitcoin RingCoinspeaker

all 27 news articles »

Posted on 21 May 2015 | 7:05 pm

Advertise with Anonymous Ads

Consensus 2015: Digital Gold and Wences Casares in the Spotlight

Hernán Botbol of Argentina's Taringa! social network is joining the Consensus 2015 lineup, which includes Nathaniel Popper and Wences Casares.

Posted on 21 May 2015 | 1:50 pm

digitalBTC Raises $3.5 million AUD to Launch AirPocket

Digital BTC, an Australian Bitcoin company that is publicly traded on the Australian Securities Exchange (ASX) as Digital CC Limited has secured a $3.5 million AUD funding round by a group of institutional and individual investors to launch a remittance-focused product, AirPocket. CEO and founder Zhenya Tsvetnenko specifically explained that the funds from the “investment will be used accelerate the rollout and commercialization of AirPocket in Latin America and Caribbean.” The company was originally seeking for a $3 million AUD funding round, until the demand from local investors rose and the company had to enlarge the funding round with another $500,000 AUD. The increased funding round raised the company’s cash to over $6 million. The product soon to be launched in […]

The post digitalBTC Raises $3.5 million AUD to Launch AirPocket appeared first on Bitcoin Magazine.

Posted on 21 May 2015 | 12:06 pm

New York Soon to Unveil Fresh Bitcoin Licensing Rules - Wall Street Journal


Wall Street Journal

New York Soon to Unveil Fresh Bitcoin Licensing Rules
Wall Street Journal
In one of his final moves as New York's top financial regulator, Benjamin M. Lawsky will soon unveil a set of new licensing rules that could have long-lasting effects on businesses using bitcoin and other virtual currencies. In doing so, bitcoin ...
Lawsky Defends New York BitLicense, Supports Both Consumer Protection and ...CryptoCoinsNews
Benjamin Lawsky to Issue Fresh Bitcoin Regulations before Stepping DownnewsBTC
Wall Street regulator to issue final bitcoin rulesThe Hill
Payment Week -Cato Institute (blog) -FINalternatives
all 21 news articles »

Posted on 21 May 2015 | 12:04 pm

North Carolina House Seeks Oversight of Bitcoin Activities

A bill calling for specific regulation of digital currencies has been approved by the North Carolina House of Representatives.

Posted on 21 May 2015 | 12:01 pm

Bitcoin Firm Coinapult Opens to US Market

Coinapult will be tackling the US market following a services integration with Crypto Capital, a licensed money transmitter.

Posted on 21 May 2015 | 11:02 am

MasterCard Introduces Fast Bitcoin-like Global Payments to Consumers

MasterCard has launched MasterCard Send, a personal payments service that enables funds to be sent quickly and securely to consumers domestically and internationally. Now live for users in the United States, MasterCard Send permits sending secure real-time payments to consumers, both banked and unbanked. The recipients get the funds immediately on their MasterCard or other cards, into mobile money and bank accounts or via cash agent outlets. “This unique platform will enable disbursements and person-to-person (P2P) payments to and from virtually any U.S. debit card account, including non-MasterCard debit cards,” notes the MasterCard announcement. “MasterCard Send is the only personal payments service that can reach virtually all U.S. debit card accounts and enable funds to be sent and received typically […]

The post MasterCard Introduces Fast Bitcoin-like Global Payments to Consumers appeared first on Bitcoin Magazine.

Posted on 21 May 2015 | 10:56 am

Mintsy Launches Cloud Mining Service with Cryptographic Proof-of-Hashrate

Mintsy recently announced a launch of its new cloud mining service as the first digital currency cloud mining company to use proof-of-reserves, accomplished through cryptographic proof-of-hashrate. Bitcoin Magazine sat down with Marshall Long, who is the CTO of Cryptsy, and more recently CTO and board member at Mintsy, to discuss what he says is unprecedented innovation in the realm of cloud mining. Mintsy provides users with malleable contracts, which assuages any worries on being locked into a contract they no longer need. Long says users are “able to sell their remaining contract time on the Mintsy marketplace where other folks may want a shorter contract and can bid on contracts that are up for sale by the user.” Mining the […]

The post Mintsy Launches Cloud Mining Service with Cryptographic Proof-of-Hashrate appeared first on Bitcoin Magazine.

Posted on 21 May 2015 | 10:26 am

Meet Ether, The Bitcoin&Like Cryptocurrency That Could Power The Internet Of ... - Fast Company


Fast Company

Meet Ether, The Bitcoin&Like Cryptocurrency That Could Power The Internet Of ...
Fast Company
At CES this past January, IBM researcher Veena Pureswaran described the company's joint plan with Samsung to get home appliances to exchange cryptocurrency with one another. The currency, called Ether, is similar to Bitcoin, except that the traded ...

Posted on 21 May 2015 | 4:03 am

Seagate: Ripple Funding Shows We're Serious About Blockchain Tech

Following an investment in Ripple Labs, Seagate's senior vice president Dave Morton discusses why his firm is excited about blockchain technology.

Posted on 21 May 2015 | 3:38 am

Elliptic Strikes Multisig Key Custodian Deal With Gem

UK-based digital assets service provider Elliptic has partnered with Gem to offer a custodian service for the private keys of multisig wallets.

Posted on 21 May 2015 | 1:00 am

New York's bitcoin cop Ben Lawsky steps down - Fortune


Fortune

New York's bitcoin cop Ben Lawsky steps down
Fortune
Benjamin Lawsky, superintendent of the New York State Department of Financial Services, speaks during a Bloomberg Television interview in New York, U.S., on Monday, Nov. 24, 2014. Photograph by Scott Eells — Bloomberg via Getty Images ...

and more »

Posted on 20 May 2015 | 2:54 pm

Thai Police Seek Answers in Alleged Digital Currency Ponzi Scheme

Police in Thailand have raided 13 rooms at a Bangkok apartment complex in connection with alleged digital currency ponzi scheme Ufun.

Posted on 20 May 2015 | 2:51 pm

Nxt: The Original Bitcoin 2.0 Platform With Smart Contracts, Decentralized Crowdfunding, Open Source and 18 Months of Development

Bitcoin Press Release: With over 18 months of development, The non-profit Nxt Foundation is pleased to announce many disruptive business and financial applications of Nxt’s blockchain technology: including trustless smart contracts, decentralized crowdfunding, a strong open source ethos and more. Nxt is different. While there are many players in the cryptocurrency 2.0 field, Nxt has several key elements that set it apart from the others. First and foremost, Nxt is a self-sufficient system. Many other projects depend on a blockchain implemented and maintained by an external party, usually Bitcoin. Nxt is a complete and self-contained system in itself. As any business owner knows, being dependent on a third party for an essential part of their business model introduces unnecessary risk. […]

The post Nxt: The Original Bitcoin 2.0 Platform With Smart Contracts, Decentralized Crowdfunding, Open Source and 18 Months of Development appeared first on Bitcoin Magazine.

Posted on 20 May 2015 | 1:52 pm

Citi: UK Government Should Create Own Digital Currency

Citi has told the UK government it should consider creating its own digital currency, a newly obtained document has revealed.

Posted on 20 May 2015 | 11:31 am

Blockchain Firm Denies 'Conflict of Interest' for Advisor Yanis Varoufakis

Tembusu Systems denies Greek finance minister Yanis Varoufakis' role as its advisor represents a "conflict of interest" for the politician.

Posted on 20 May 2015 | 4:40 am

Bitcoin Lending Platform Bitbond Raises €600,000 in Funding

Peer-to-peer bitcoin lending company Bitbond has closed a €600,000 angel investment round, raising its total funding to €800,000. The company, which launched in June 2013, received funds from its seed investor, Point Nine Capital and business angels, including Christian Vollmann, an early investor in ResearchGate. Radoslav Albrecht, founder and CEO at BitBond, said: "The additional resources will help us […]

Posted on 20 May 2015 | 3:09 am

Overstock Invests in Broker-Dealer Ahead of Decentralised Stock Market Launch

Overstock has purchased a stake in broker Pro Securities, on whose electronic system a new suggests its decentralized stock market has been built.

Posted on 19 May 2015 | 3:15 pm

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

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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

May 23, 2015 -
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