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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

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 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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Bitfury Research Shines Light on Bitcoin Mixing Methods - CoinDesk


CoinDesk

Bitfury Research Shines Light on Bitcoin Mixing Methods
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

US Nuclear Research Lab Developing Bitcoin Analysis Tool - CoinDesk


US Nuclear Research Lab Developing Bitcoin Analysis Tool
CoinDesk
A federally funded research lab run by Lockheed Martin is developing a bitcoin analytics tool for the US Department of Homeland Security (DHS). The project, first detailed in a 19th August newsletter published by Sandia National Laboratories, marks a ...

and more »

Posted on 23 August 2016 | 1:31 pm

Why Did Only Five People Bid on the Feds' Bitcoin Stash? - Inverse


Inverse

Why Did Only Five People Bid on the Feds' Bitcoin Stash?
Inverse
Someone has purchased $1.6 million worth of bitcoin from the U.S. Marshals Service. That's not a bad haul, and whoever purchased the bitcoins gets to hold on to some of the cryptocurrency seized from the illicit Silk Road marketplace. So why did only ...

and more »

Posted on 23 August 2016 | 11:49 am

Case Study: Filipino OFWs and Bitcoin - Huffington Post


Huffington Post

Case Study: Filipino OFWs and Bitcoin
Huffington Post
Working abroad has been no walk in the part for Louise*, 33, who originally hails from Manila, Philippines. She has been providing support services for a few international companies, and is now working at a travel agency in Kuala Lumpur. From chronic ...

Posted on 23 August 2016 | 9:14 am

PayPal Freezes Bundy Ranch Accounts, Will They Switch to Bitcoin? - CoinTelegraph


CoinTelegraph

PayPal Freezes Bundy Ranch Accounts, Will They Switch to Bitcoin?
CoinTelegraph
The refusal of mainstream payment systems to deal with controversial groups or subjects only underscores the need for decentralized tools, such as Bitcoin, to fill the void and fulfill the role of servicing parties who may experience government pressure.

Posted on 23 August 2016 | 4:45 am

Unknown Bidder Buys $1.6 Million in Bitcoin at US Government Auction - CoinDesk


Gizmodo

Unknown Bidder Buys $1.6 Million in Bitcoin at US Government Auction
CoinDesk
The event, by far the smallest held to date by the USMS, saw bitcoins confiscated in cases involving convicted Silk Road ringleader Ross Ulbricht and former federal agent Carl Force IV made available for sale. In total, only five registered bidders ...
The Feds Just Turned a $1.6 Million Profit on Seized Silk Road BitcoinGizmodo
US Marshals auction off $1.6M in bitcoinThe Hill
$1.6m in Bitcoin sold at auction to anonymous bidderIBS Intelligence (blog) (subscription)

all 4 news articles »

Posted on 22 August 2016 | 2:29 pm

Advertise with Anonymous Ads

Is bitcoin the answer if traditional investments are letting you down? - The Guardian


The Guardian

Is bitcoin the answer if traditional investments are letting you down?
The Guardian
Bitcoin is a paperless, bankless, stateless currency which exists on computers, and carries with it a whiff of peril for investors. Cunningham admits to being nervous when he first signed up to trade in the currency, especially when he had to make his ...
Guardian Article Puts Spotlight on Bitcoin as an InvestmentCryptoCoinsNews
California Bitcoin Regulatory Bill Pulled by Its SponsorReason (blog)
Three Steps to Full Bitcoin AdoptionCoinTelegraph
newsBTC -EconoTimes -Live Bitcoin News
all 10 news articles »

Posted on 22 August 2016 | 12:00 am

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 Mixing Methods

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

Digital Asset to Open Source Smart Contract Language

Digital Asset Holdings has announced it intends to open-source DAML, the smart contracting language it acquired from startup Elevence.

Posted on 23 August 2016 | 6:16 am

Sberbank Considers Russian Blockchain Consortium

One of Russia's largest banks is in discussions to join a domestic bank consortium that would study blockchain technology.

Posted on 22 August 2016 | 11:14 am

Japanese Firms Test Blockchain for E-Check Management

The Bank of Tokyo-Mitsubishi UFJ and tech giant Hitachi are working on a blockchain proof-of-concept aimed at digitizing checks.

Posted on 22 August 2016 | 10:31 am

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

UK Blockchain Projects Near Regulatory Approval

UK regulators are reportedly moving forward with efforts that would find blockchain firms exiting a FinTech sandbox program.

Posted on 22 August 2016 | 7:16 am

Bitcoin and the Law of Conservation of Energy

Guest contributor Alex Millar examines bitcoin through the lens of scientific law in an attempt to show that money is energy.

Posted on 21 August 2016 | 7:50 am

Can Two Ethereum Markets Co-Exist?

A month after the ethereum market split in two, analysts wonder whether ETH and ETC can coexist in the long-term.

Posted on 21 August 2016 | 5:42 am

Bitcoin Ponzi Schemer Hints at Dealings With Mt Gox CEO

Convicted Ponzi operator Trendon Shavers is now insinuating that the unidentified debtor cited in his defense against the SEC was Mark Karpeles.

Posted on 19 August 2016 | 2:39 pm

Japanese Banks Plan Blockchain Currency Exchange

A group of Japanese financial institutions are looking to create a platform for real-time currency exchange services.

Posted on 19 August 2016 | 11:55 am

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

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

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

Lightning Fast Raiden Network Coming to Ethereum Blockchain

Scalability is one of the main challenges faced by distributed ledger technology. It is widely felt that in order to challenge traditional...

The post Lightning Fast Raiden Network Coming to Ethereum Blockchain appeared first on Bitcoin Magazine.

Posted on

August 23, 2016 -
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