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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

BitcoinXT: Evolution or Revolution? - Inside Bitcoins


Inside Bitcoins

BitcoinXT: Evolution or Revolution?
Inside Bitcoins
The confusion and tension surrounding the term “Bitcoin XT” is what many are pointing toward as a major factor of why the Bitcoin price has fallen significantly from the used-to-be norm of around $280. What exactly is BitcoinXT, and why is it causing ...
Bitcoin Price Analysis: Bitcoin XT Waves ContinueBrave New Coin
Bitcoin is at a 'fork in the road' -- Here's what went down last time that ...Business Insider Australia

all 6 news articles »

Posted on 27 August 2015 | 9:29 pm

Blockstack on Wall Street's Budding Blockchain Interest

CoinDesk profiles Blockstack, one of a new wave of blockchain firms seeking to partner with financial firms on initiatives involving the technology.

Posted on 27 August 2015 | 3:42 pm

EPrime Global and Cubits Partnership Enables E-Commerce Merchants to Accept ... - newsBTC


newsBTC

EPrime Global and Cubits Partnership Enables E-Commerce Merchants to Accept ...
newsBTC
The online Bitcoin Gateway platform Cubits announced a partnership with the online selling tools company EPrime Global. The partnership will enable e-commerce merchants around the world to activate bitcoin payments. In recent years, many companies ...

Posted on 27 August 2015 | 3:40 pm

Oxford Dictionaries Adds New Definitions for 'Blockchain' and 'Miner'

OxfordDictionaries.com, the online language resource owned by the Oxford University Press, has added new cryptocurrency-related definitions.

Posted on 27 August 2015 | 1:25 pm

Research Examines Blockchain Securities Under US Commercial Law

Cryptosecurities may not be subject to commercial transactions law under the US Uniform Commercial Code (UCC), according to new research.

Posted on 27 August 2015 | 12:45 pm

Case Announces September 21 Shipping Date for Bitcoin Hardware Wallets

Bitcoin wallet manufacturer Case Inc. has concluded the final phase of testing and announced that the company will begin shipping its hardware wallets on September 21. “Appropriation of parts is complete and the manufacturing process is nearing its end. Everyone at Case is eager to get our device in the hands of our customers who have patiently waited for their bitcoin wallets,” Case announced on its website. “Providing a secure, easy-to-use bitcoin experience around the world has been our mission from the beginning and we’re excited to finally deliver on that.” The Case team launched its hardware wallets at TechCrunch NY on June 24 and raised $1.5 million in an equity seed funding round led by FuturePerfect Ventures, participated in […]

The post Case Announces September 21 Shipping Date for Bitcoin Hardware Wallets appeared first on Bitcoin Magazine.

Posted on 27 August 2015 | 10:04 am

Iran's first bitcoin exchange opens in effort to exploit 'huge untapped market' - International Business Times UK


International Business Times UK

Iran's first bitcoin exchange opens in effort to exploit 'huge untapped market'
International Business Times UK
BTXCapital will offer instant deposits and real-time buy and sell orders to users in the country through Draglet's exchange platform, though regulatory issues surrounding bitcoin in Iran remain unclear. There are more than 46 million internet users in ...
BTXCapital to Offer Real-Time Bitcoin Exchange Services in Iran, First in the ...ForexMinute.com

all 3 news articles »

Posted on 27 August 2015 | 9:50 am

Princeton University and Coursera Launch Free Online Course on Bitcoin and Cryptocurrencies

A Princeton University free online course on “Bitcoin and Cryptocurrency Technologies” will be offered by Coursera beginning September 4, 2015. Coursera is an online education platform for Massive Open Online Courses (MOOCs), which partners with top universities and organizations worldwide, to offer courses online for anyone to take for free. MOOCs give anyone, anywhere, the possibility to acquire a world-class education.  Courses include video lectures, exercises and online interaction with teachers and other students. Some courses offer certification as well. The Princeton Bitcoin course will last six weeks, with the last lecture on November 1, 2015, but students also will be able to follow the video lectures after that date. That’s part of the appeal of MOOCs –students who prefer […]

The post Princeton University and Coursera Launch Free Online Course on Bitcoin and Cryptocurrencies appeared first on Bitcoin Magazine.

Posted on 27 August 2015 | 9:10 am

AUG 27 DIGEST: Patrick Byrne Brings Bitcoin Tech to Wall St. with $30M Deal ... - CoinTelegraph


CoinTelegraph

AUG 27 DIGEST: Patrick Byrne Brings Bitcoin Tech to Wall St. with $30M Deal ...
CoinTelegraph
The state of California is working on the A.B. 1326 bill, which will require “virtual currency businesses” to apply for and obtain a license in order to operate in California, while seeking to avoid an exodus of bitcoin businesses as witnessed with New ...

Posted on 27 August 2015 | 7:18 am

BTCChina Support Gives BIP 100 Bitcoin Hashrate Majority

BTCChina has backed Jeff Garzik's block size scaling solution, giving BIP 100 a majority of the network's hashing power.

Posted on 27 August 2015 | 7:03 am

Commonwealth Governments Urged to Regulate Bitcoin

Commonwealth governments should regulate bitcoin, according to the Commonwealth's Virtual Currencies Working Group.

Posted on 27 August 2015 | 5:20 am

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Overstock's tØ Acquires Broker Firm for Wall Street Disruption

Overstock's crypto subsidiary tØ has acquired Wall Street firm SpeedRoute, a move CEO Joseph Cammarata termed a "quantum leap" for securities trading.

Posted on 27 August 2015 | 3:47 am

Tim Draper Speaks on Global Equity Turmoil: “I Expect People to Run to Bitcoin the Way They Do to Gold.”

It has been a rollercoaster of a ride for global equity investors over the past few days. Besides the month-long slide in the Chinese markets, the Dow plummeted from approximately 16,459 on August 21st to 15,446 on the 24th. When the going gets tough, investors have historically flocked toward assets that are considered safer, including cash, gold, and treasury bills. Often times, the asset of choice is gold because it is considered the greatest store of value. However, some think that Bitcoin might one day trump gold as a means of protecting against volatility. Tim Draper, founding partner of Draper Fisher Jurvetson, a prominent Silicon Valley venture capital fund, believes that bitcoin might one day be the preeminent store of […]

The post Tim Draper Speaks on Global Equity Turmoil: “I Expect People to Run to Bitcoin the Way They Do to Gold.” appeared first on Bitcoin Magazine.

Posted on 26 August 2015 | 3:20 pm

Bitcoin Stock Scam Targets WhatsApp Users

A penny stock tied to a little-known bitcoin company and a slew of WhatsApp spam messages were at the heart of a pump-and-dump scheme last week.

Posted on 26 August 2015 | 3:06 pm

Bitcoin Interest Grows in India From Cross-Border Payments and Corporate Support

Tech giants including Microsoft and IBM have been supporting Bitcoin startups, conferences, accelerators and developers in India. The efforts of these companies are beginning to pay off, as India has seen a gradual increase in the number of developers and freelancers in the Bitcoin ecosystem. “There is lot of interest from freelancers in India who suddenly are now getting bitcoins from U.S.-based companies, and then they scramble to understand what is bitcoin,” Indian Bitcoin startup Blockonomics founder Shiva Sitamraju told Bitcoin Magazine. The increase of Indian freelancers’ and developers’ involvement with Bitcoin startups and organizations has created an efficient environment for local people to buy and purchase bitcoins instantly. “From publicly available sources that display data transparently, like LocalBitcoins and […]

The post Bitcoin Interest Grows in India From Cross-Border Payments and Corporate Support appeared first on Bitcoin Magazine.

Posted on 26 August 2015 | 11:11 am

Dark Market Agora Shuts Down Citing Security Threat

Agora has announced it will shut down temporarily while it explores defence mechanisms against attacks which could identify its servers and operators.

Posted on 26 August 2015 | 10:45 am

Blockstream’s Pieter Wuille Proposes Tree Signatures for Improved and Flexible Multisig Bitcoin Transactions

In June, Bitcoin Magazine reported that Blockstream launched Sidechain Elements, a sidechain development framework with open source code, including an experimental sidechain for developers dubbed Elements Alpha. Now, in the first technical post to appear on the Blockstream blog after the announcement of Sidechain Elements, Blockstream and Bitcoin Core developer Pieter Wuille proposes the intriguing concept of Tree Signatures, an efficient multisig method with enhanced privacy. Blockstream was formed by renowned cryptography experts, including some Bitcoin Core developers, to accelerate innovation in digital currencies and implement the sidechain concept described in the paper “Enabling Blockchain Innovations with Pegged Sidechains,” released in October. In November, Blockstream closed a $21 million seed funding round with nearly 40 high-profile investors. Tree signatures, which can […]

The post Blockstream’s Pieter Wuille Proposes Tree Signatures for Improved and Flexible Multisig Bitcoin Transactions appeared first on Bitcoin Magazine.

Posted on 26 August 2015 | 10:24 am

Mt Gox CEO Claims to be 'Victim' in Bitcoin Exchange Demise

Mark Karpeles, the former CEO of bankrupt bitcoin exchange Mt Gox, has denied claims he manipulated account balances while he was running the company.

Posted on 26 August 2015 | 8:10 am

Support Grows for BIP 100 Bitcoin Block Size Proposal

Support for BIP 100, the scalability fix from core developer Jeff Garzik, is growing as more miners pick sides in bitcoin's block size debate.

Posted on 26 August 2015 | 6:40 am

Coinbase Lets UK Users Buy Bitcoin With Credit or Debit Cards

Coinbase now allows customers in the UK and Spain to instantly purchase bitcoin using 3D Secure-enabled credit and debit cards. The 3D Secure protocol – developed by Visa – requests users enter a password to confirm their identity with the card issuer. Once verified, customers are able to complete their online purchase. The San Francisco-based company, which […]

Posted on 26 August 2015 | 5:07 am

Bitcoin Micropayment Service Targets Global Freelancers

A new bitcoin micropayments tool has launched to take aim at the global freelance and on-demand services market.

Posted on 25 August 2015 | 4:12 pm

ANNOUNCING THE NOV 8 – 11 MOBILE PAYMENTS EXCHANGE

Three days of focused, structured business development and information exchange about the state of mobile payments. USA: Industry leaders are predicting a drastic climb in mobile payments over the next four years. Researchers estimate that Mobile payment transactions will reach $800 billion by 2019, and that number will continue to grow. As customers continue to demand a convenient and seamless mobile checkout process, merchants are scurrying to keep up with those demands. Organizations have been spending up to six or seven figures on building mobile apps or mobile sites for the company. These companies have been seeing extensive growth in mobile traffic and engagement, but they lack direct ROI from these upgrades. One of the biggest challenges is the checkout […]

The post ANNOUNCING THE NOV 8 – 11 MOBILE PAYMENTS EXCHANGE appeared first on Bitcoin Magazine.

Posted on 25 August 2015 | 3:07 pm

Why Symbiont Believes Blockchain Securities Are Wall Street's Future

CoinDesk speaks with Symbiont CEO Mark Smith to learn more about the company's "smart securities" and budding capital markets rivalry with Overstock.

Posted on 25 August 2015 | 2:00 pm

Indian Central Bankers Go Public With Bitcoin Views

Several officials from India’s central bank have spoken out about cryptocurrencies during recent conference appearances.

Posted on 25 August 2015 | 12:15 pm

Updated: Major Mining Pools Make a Stand Against Bitcoin XT Fork, Support for BIP 100 Grows

It has been little over a week since Mike Hearn and Gavin Andresen included Bitcoin Improvement Proposal 101 (BIP 101) into the alternative Bitcoin implementation Bitcoin XT. BIP 101 is designed to create a hard fork in the blockchain to allow for blocks of up to 8 megabytes, doubling every two years. Despite a major uproar on forums, chat rooms and in the media, not to mention a significant drop in bitcoin’s exchange rate, support among miners is minimal. Bitcoin XT will need 75 percent of newly mined Bitcoin blocks to trigger a maximum block-size increase, but only some 1 percent of new blocks so far included such a message – all mined by Slush Pool. Moreover, it seems unlikely that […]

The post Updated: Major Mining Pools Make a Stand Against Bitcoin XT Fork, Support for BIP 100 Grows appeared first on Bitcoin Magazine.

Posted on 25 August 2015 | 10:14 am

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Gem CEO: Bitcoin Regulations are Trying to Fit a Round Peg in a Square Hole

Regulation has always been a contentious issue in the Bitcoin industry. Some members of the community wish to avoid any regulation at all costs, while others want to work closely with regulators to bring clarity to the space as soon as possible. A panel on Bitcoin regulation was recently featured at the American Banker Digital Currency Conference, and it was during this discussion that Gem CEO Micah Winkelspecht, Chainalysis VP of Business Development Jonathan Levin, Chamber of Digital Commerce President Perianne Boring, and Bitcoin Foundation Regulatory Affairs Committee Chairman Marco Santori were able to discuss the various challenges for Bitcoin startups in the face of impending digital currency regulations around the world. Is the BitLicense Too Broad and Flexible? The […]

The post Gem CEO: Bitcoin Regulations are Trying to Fit a Round Peg in a Square Hole appeared first on Bitcoin Magazine.

Posted on 25 August 2015 | 9:50 am

MIT Course 'to Inspire Next Generation of Bitcoin CEOs'

Not to be outdone by Stanford, MIT Media Lab has announced its own course to inspire bitcoin's young talent.

Posted on 25 August 2015 | 5:55 am

Bitcoin Price Falls Below $200, Hits Six-Month Low

The price of bitcoin on the CoinDesk Bitcoin Price Index has fallen below $200 for the first time since January.

Posted on 24 August 2015 | 7:42 pm

7 Leading Bitcoin Companies Pledge Support for BIP101 and Bigger Blocks

Leading bitcoin startups including BitPay, Blockchain.info, Circle, KnCMiner, Bitnet, Xapo and BitGo have come to a consensus to implement Gavin Andresen’s BIP 101, and to expand the current block size to 8 megabytes, after a long discussion with core developers, miners and the companies’ technical teams. A statement of their support was posted on the Blockchain.info blog today signed by Stephen Pair, Peter Smith, Jeremy Allaire, Sean Neville, Sam Cole, John McDonnell, Wences Casares and Mike Belshe. “We support the implementation of BIP101,” the companies say in the letter. “We have found Gavin’s arguments on both the need for larger blocks and the feasibility of their implementation – while safeguarding Bitcoin’s decentralization – to be convincing. BIP101 and 8MB blocks […]

The post 7 Leading Bitcoin Companies Pledge Support for BIP101 and Bigger Blocks appeared first on Bitcoin Magazine.

Posted on 24 August 2015 | 10:15 am

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 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

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

August 28, 2015 -
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