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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

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

Bitcoin Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 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

Accountants Ask IRS to Clarify Bitcoin Transactions' Tax Status - CryptoCoinsNews


CryptoCoinsNews

Accountants Ask IRS to Clarify Bitcoin Transactions' Tax Status
CryptoCoinsNews
The American Institute of CPAs has sent the IRS a letter to clarify tax status of small virtual currency transactions and nine other virtual currency issues, according to The Wall Street Journal. A bitcoin payment for a small purchase can have an ...

Posted on 24 June 2016 | 11:39 pm

Bitcoin surges after Brexit sinks pound - USA TODAY


USA TODAY

Bitcoin surges after Brexit sinks pound
USA TODAY
Bitcoin prices surged Friday after news the United Kingdom would leave the European Union sent investors out of stocks, commodities and the British pound, which dropped to a three-decade low. The price of the digital currency spiked as high as $680.19 ...
Great Britain may be out of the EU, but bitcoin is definitely in the blackDigital Trends
BREXIT: Bitcoin price ROCKETS as markets ditch poundExpress.co.uk
Bitcoin jumps to $650 as UK decides to quit EUITProPortal

all 4 news articles »

Posted on 24 June 2016 | 2:50 pm

Looking For Safe Havens? Buy Gold! Buy Treasuries! Buy...Bitcoin? - Fox Business


Looking For Safe Havens? Buy Gold! Buy Treasuries! Buy...Bitcoin?
Fox Business
The cryptocurrency bitcoin has also surged above $650 on Friday as investors pour money in. Its strange to think of a currency known for such extreme volatility as a safe haven, but with the pound and other European currencies taking a Brexit pounding, ...

and more »

Posted on 24 June 2016 | 2:12 pm

As Global Currencies Plunge Over Brexit, Investors Turn to Bitcoin - Fortune


Fortune

As Global Currencies Plunge Over Brexit, Investors Turn to Bitcoin
Fortune
Bitcoin, the cryptocurrency that had been plunging in recent days, is soaring on Friday after the Brexit vote. As of this writing, Bitcoin is trading at $667.41 per unit, up significantly from a Thursday low of $582.92. At its height, Bitcoin was ...
Bitcoin Buyers Seek Haven From British Pound After Brexit VoteBloomberg
Bitcoin value surges as British pound tanks on BrexitThe Verge
Bitcoin Rollercoaster Rides Brexit As Ether Price Holds Amid DAO DebacleCoinDesk
Yahoo Finance -Quartz
all 74 news articles »

Posted on 24 June 2016 | 10:01 am

Brexit Was Bitcoin's Turn to Shine - Wall Street Journal (blog)


Wall Street Journal (blog)

Brexit Was Bitcoin's Turn to Shine
Wall Street Journal (blog)
Gold is so last millennium. When traders were under the false impression that Britain's “remain” campaign had the upper hand, it was Bitcoin, not the barbarous relic, that really took it on the chin. The popular State Street SPDR exchange traded fund ...

Posted on 24 June 2016 | 9:24 am

The Latest Bitcoin Hurdle: How to Tax It - Wall Street Journal


Wall Street Journal

The Latest Bitcoin Hurdle: How to Tax It
Wall Street Journal
A little more than two years after the Internal Revenue Service issued bare-bones guidance on bitcoin and other digital currencies, the agency still hasn't addressed many important tax matters affecting them. The American Institute of CPAs sent the IRS ...

and more »

Posted on 24 June 2016 | 9:15 am

Summer of SegWit: Bitcoin Core Begins Segregated Witness Soft Fork - CoinTelegraph


CoinTelegraph

Summer of SegWit: Bitcoin Core Begins Segregated Witness Soft Fork
CoinTelegraph
News of the advancement forward of Segregated Witness, or SegWit, made waves on Reddit's r/Bitcoin Thursday afternoon in the form of a single forum discussion screen capture posted on Imgur. This pic seems to indicate a discussion by the Core ...
Updated: Segregated Witness Merged Into Bitcoin Core ReleaseBitcoin Magazine
Segwit Appoaches But It May Not Satisfy The DebateLive Bitcoin News

all 3 news articles »

Posted on 24 June 2016 | 6:24 am

Quoine raises $16 million for bitcoin exchange of exchanges - VentureBeat


VentureBeat

Quoine raises $16 million for bitcoin exchange of exchanges
VentureBeat
Singapore-based Quoine, the startup offering a bitcoin exchange and other cryptocurrency-related services, announced today that it has secured a total of $16 million in a series B round.Following a series A round when the company raised $2 million from ...
Bitcoin exchange Quoine raises $20 mln in latest fundingEconoTimes

all 2 news articles »

Posted on 24 June 2016 | 1:25 am

Bitcoin Rollercoaster Rides Brexit As Ether Price Holds Amid DAO Debacle

Bitcoin and ether prices rode a rollercoaster during the week ending 24th June, a period defined by the UK's vote to leave the European Union.

Posted on 24 June 2016 | 4:30 pm

Needham: 'Brexit' Boosts Bitcoin Price, But Too Early to Call it a Safe Haven

A new research note from Needham & Company asserts it might be too early to call bitcoin a “safe haven” asset.

Posted on 24 June 2016 | 2:18 pm

31 Chinese Firms Form Financial Blockchain Consortium

A group of technology and finance companies in Shenzhen, China, have launched a new blockchain consortium.

Posted on 24 June 2016 | 10:50 am

BNP Paribas Lab to Focus on Distributed Ledgers

BNP Paribas Securities Services has announced a new innovation lab that will focus on big data and distributed ledger tech.

Posted on 24 June 2016 | 8:50 am

CoinDesk’s Ethereum Research Report Now Available

CoinDesk Research has released "Understanding Ethereum", a 48-page deep dive into one of the most exciting blockchain projects today.

Posted on 24 June 2016 | 8:00 am

Bitcoin Price Spikes to $650 as Outlook Shifts for ‘Brexit’

The price of bitcoin is rising at press time, passing the $650 mark just a day after dropping to a weekly low of $550.

Posted on 23 June 2016 | 9:12 pm

Ex-Ethereum CEO: Foundation Should Not Intervene to Save The DAO

Ethereum's first CEO said he believes the current situation at The DAO was fueled by "greed and arrogance".

Posted on 23 June 2016 | 1:58 pm

Dutch Central Bank Presents Results of Cryptocurrency Experiments

A senior official for the central bank of The Netherlands recently presented the results of two internal cryptocurrency tests.

Posted on 23 June 2016 | 11:59 am

Toyota Financial Services Joins R3 Consortium

Toyota joins R3CEV, making it the first member of the auto industry to join the distributed ledger consortium.

Posted on 23 June 2016 | 9:23 am

Poland to Explore Blockchain Tech in Government Digitization Effort

Poland's Ministry of Digital Affairs is taking steps that may find it promoting digital currencies and blockchain technology.

Posted on 23 June 2016 | 8:05 am

Mizuho Tests Digital Currency-Powered Settlement

Built in partnership with IBM Mizuho Financial Group announced today that it has tested the use of a token-based blockchain settlement system.

Posted on 23 June 2016 | 6:43 am

Colu Raises $9.6 Million to Promote Blockchain-Based Local Currencies

Tel Aviv-based blockchain startup Colu has raised $9.6m amid a shift in its business model to local currency issuance.

Posted on 22 June 2016 | 10:59 pm

Bitcoin Price Drops Below $600 As ‘Brexit’ Hopes Falter

The price of bitcoin fell $100 during a five-hour span today, dropping 15% over the current session as macroeconomic worries faded.

Posted on 22 June 2016 | 8:42 pm

Blockchain Startup Circle Raises $60 Million Amid China Expansion

Blockchain-based social payments app Circle has raised $60m in new funding as it expands to China.

Posted on 22 June 2016 | 5:23 pm

Ether Prices Fluctuate Wildly Amid Ethereum Fork Concerns

The price of ether, the native digital asset powering the ethereum network, has fluctuated wildly over the last few days as its developers struggled to determine how to resolve the loss of investor funds at one of the platform’s signature projects. At issue is the loss of roughly 3.6m ETH taken from a distributed autonomous […]

Posted on 22 June 2016 | 5:20 pm

Cornell Professor Calls for 'DAO 2.0' Movement

Emin Gün Sirer already helped identify the bug that led to an expensive exploit of The DAO. Now he's helping ensure future DAOs are safe.

Posted on 22 June 2016 | 1:46 pm

ASX Buys Bigger Stake in Blockchain Startup DAH

The Australian Stock Exchange is boosting its stake in New York blockchain startup Digital Asset Holdings.

Posted on 22 June 2016 | 11:24 am

A Legal Analysis of the DAO Exploit and Possible Investor Rights

Important Disclaimer: NOTHING HEREIN IS INTENDED TO BE UNDERSTOOD AS LEGAL ADVICE. CONSULT A LAWYER QUALIFIED TO PROVIDE LEGAL ADVICE IN...

The post A Legal Analysis of the DAO Exploit and Possible Investor Rights appeared first on Bitcoin Magazine.

Posted on

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The DAO Was Not Hacked | Mt. Gox 2.0

Editor's note: This is a guest post by Steve Patterson and the opinions offered are those of the author alone. Until recently, I’ve remained...

The post The DAO Was Not Hacked | Mt. Gox 2.0 appeared first on Bitcoin Magazine.

Posted on

What Are the Use Cases for Private Blockchains? The Experts Weigh In

Many people argue that private blockchains, run by private firms, are useless, since they make users dependent upon a third party ‒ the firm...

The post What Are the Use Cases for Private Blockchains? The Experts Weigh In appeared first on Bitcoin Magazine.

Posted on

Caricoin Launches Bitcoin Wallet for the Financially Underserved in the Caribbean

U.K.-based Bitcoin startup Caricoin recently announced the launch of a Bitcoin wallet for the Caribbean. The wallet has been developed in...

The post Caricoin Launches Bitcoin Wallet for the Financially Underserved in the Caribbean appeared first on Bitcoin Magazine.

Posted on

The Ethereum Community Debates Soft Fork to Blacklist Funds in Wake of $50M DAO Heist

The DAO, a decentralized autonomous organization built on the Ethereum blockchain, has been the subject of a continued hack today that has...

The post The Ethereum Community Debates Soft Fork to Blacklist Funds in Wake of $50M DAO Heist appeared first on Bitcoin Magazine.

Posted on

Understanding the Lightning Network, Part 3: Completing the Puzzle and Closing the Channel

The Lightning Network is probably the most highly anticipated technological innovation that will be deployed on top of Bitcoin. The payment...

The post Understanding the Lightning Network, Part 3: Completing the Puzzle and Closing the Channel appeared first on Bitcoin Magazine.

Posted on

June 25, 2016 -
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