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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

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 taxfree in Denmark

Posted on 25 March 2014 | 5:46 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

The Dubai entrepreneur banking on Bitcoin's success - The National


The National

The Dubai entrepreneur banking on Bitcoin's success
The National
In Amman, however, there was no obvious way to get hold of Bitcoins at the time. Individuals around the world were selling directly to others, but Ms Doudin couldn't find anyone in Jordan, or even in the UAE or Lebanon, to buy from. Finally, a friend ...

and more »

Posted on 31 August 2016 | 3:46 am

Keza App Relaunched, Enabling Bitcoin Investing In US Stocks - CryptoCoinsNews


CryptoCoinsNews

Keza App Relaunched, Enabling Bitcoin Investing In US Stocks
CryptoCoinsNews
Satoshi Citadel Industries (SCI) has acquired the bitcoin-powered Keza app which allows users to invest in mainstream U.S. stocks, and has relaunched it. The Keza app closed in April shortly after launching, CCN reported. The project had received $357 ...

Posted on 30 August 2016 | 3:52 pm

Yours Wants to Take Bitcoin Mainstream by Targeting Non-Bitcoin Communities - Bitcoin Magazine


Bitcoin Magazine

Yours Wants to Take Bitcoin Mainstream by Targeting Non-Bitcoin Communities
Bitcoin Magazine
Former Reddit Cryptocurrency Engineer, Ryan X. Charles, is currently working on a new, bitcoin-powered social network, but he isn't focused on creating something that will only be used by the Bitcoin community. In a recent interview on Epicenter ...

and more »

Posted on 30 August 2016 | 12:30 pm

Bitcoin 0.13.0 May Change Bitcoin Forever - CoinTelegraph


CoinTelegraph

Bitcoin 0.13.0 May Change Bitcoin Forever
CoinTelegraph
Bitcoin Core is also going to be upgraded and hopefully things will be better for the cryptocurrency after it comes out. The new version is 0.13.0, and this release brings several new features, but the chief among them is Segregated Witness (Segwit ...

Posted on 30 August 2016 | 7:05 am

Peaks, troughs and hacking: Why would anyone invest in bitcoin? - CNBC


CNBC

Peaks, troughs and hacking: Why would anyone invest in bitcoin?
CNBC
Also, the price of bitcoin (BTC) received a shock earlier in August as a result of the high profile hack of the exchange platform Bitfinex, where around $70million worth of bitcoins were stolen from the exchange. The cybertheft led to the accounts of ...
How Bitcoin was brought down by its own potential—and the banksQuartz
Everything you need to know about BitcoinLas Vegas Review-Journal
Tonybet Partners With SpectroCoin to Offer Bitcoin as a Banking MethodPokerNews.com
CryptoCoinsNews -Pocket-lint.com -The Star Online
all 16 news articles »

Posted on 30 August 2016 | 3:50 am

New Algorithm Manages Bitcoin Price Volatility for Everyday Users - Bitcoin Magazine


Bitcoin Magazine

New Algorithm Manages Bitcoin Price Volatility for Everyday Users
Bitcoin Magazine
Bitcoin prices are fun, if you like roller coasters. For traders who see volatility as an opportunity to make money and are willing to accept the risks, this is great. However this volatility presents a risk for long-term investors, fund managers and ...

and more »

Posted on 29 August 2016 | 3:45 pm

Risk of Bitcoin Hacks and Losses Is Very Real - Fortune


Fortune

Risk of Bitcoin Hacks and Losses Is Very Real
Fortune
When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cyber theft—the second largest by an exchange since hackers took roughly ...

and more »

Posted on 29 August 2016 | 5:57 am

Insurance Giant MetLife Joins R3 Blockchain Consortium

MetLife has announced it will join banking consortium R3CEV.

Posted on 31 August 2016 | 6:31 am

Hyperledger Blockchain Project Adds 17 New Members

Samsung SDS, an IT affiliate of the South Korean electronics giant, is one of 17 new members to join the Hyperledger Project.

Posted on 30 August 2016 | 1:17 pm

US Health Department Selects 15 Blockchain Research Contest Winners

The US government's Office of the National Coordinator for Health IT (ONC) has announced the winners of a blockchain research paper contest.

Posted on 30 August 2016 | 9:25 am

'Settlement Coin' is All About Banks, Not Blockchain

The design of a high-profile project should give the public pause about how banks are seeking to apply blockchain, analyst Frances Coppola argues.

Posted on 30 August 2016 | 6:05 am

EU Parliament Rep Seeks €1 Million for Blockchain Research

A member of the European Parliament is proposing $1.1m be spent on a task force focused on studying digital currencies and blockchain.

Posted on 30 August 2016 | 5:45 am

IBM Bridges Blockchain, AI With New Business Unit

IBM is reorganizing its internal blockchain team into a business unit that encompasses its artificial intelligence and cloud computing efforts.

Posted on 29 August 2016 | 3:30 pm

Blockchain Executives Sign Pledge to Address Governance Issues

Fourteen blockchain executives have signed a letter calling for changes to the way blockchain governance is managed.

Posted on 29 August 2016 | 10:54 am

Bitcoin Tipping Platform Zapchain to Shut Down

Bitcoin-based social network Zapchain has announced it will close effective 31st August.

Posted on 29 August 2016 | 8:13 am

Singapore Central Bank Proposes New Rules for Bitcoin Startups

Singapore's central bank has proposed a new regulatory framework for payments that could cover digital currency exchanges.

Posted on 29 August 2016 | 6:40 am

Could the Blockchain End Bureaucracy?

In this OpEd, Reform researcher Alexander Hitchcock discusses how blockchain could lead to big savings in civil services.

Posted on 29 August 2016 | 5:30 am

Building the Foundations for a Scalable Ethereum Community

Do events like The DAO collapse prove blockchains need formal governance? Blockchain analyst Josh Stark argues that it's too early to tell.

Posted on 28 August 2016 | 9:22 am

Code is Law? Not Quite Yet

Should code be law? In this opinion piece, Lukas Abegg argues there are many scientific hurdles to cross before this is likely to be possible.

Posted on 27 August 2016 | 9:03 am

Bitmain to Release New Bitcoin Miner in Bid to Attract Hobbyists

One ambitious bitcoin company is seeking to make mining a hobbyist activity again.

Posted on 26 August 2016 | 3:28 pm

Ethereum Classic Prices Plunge 20% as Trader Interest Wanes

The price of classic ether plunged against several currencies over the last week amid concerns of waning market enthusiasm.

Posted on 26 August 2016 | 12:40 pm

Yours Wants to Take Bitcoin Mainstream by Targeting Non-Bitcoin Communities

Former Reddit Cryptocurrency Engineer, Ryan X. Charles, is currently working on a new, bitcoin-powered social network, but he isn’t focused...

The post Yours Wants to Take Bitcoin Mainstream by Targeting Non-Bitcoin Communities appeared first on Bitcoin Magazine.

Posted on

Zcash Creator on the Upcoming Zcash Launch, Privacy and the Unfinished Internet Revolution

In January, Bitcoin Magazine reported that a public alpha technology preview of Zcash, “a decentralized and open-source cryptocurrency that...

The post Zcash Creator on the Upcoming Zcash Launch, Privacy and the Unfinished Internet Revolution appeared first on Bitcoin Magazine.

Posted on

Antminer's New R4 Model Designed to Be Used in Homes, Decrease Centralization

Once upon a time, at the beginning of Bitcoin’s history, it was possible to mine bitcoin at home using a PC’s CPU. Later, miners had to...

The post Antminer's New R4 Model Designed to Be Used in Homes, Decrease Centralization appeared first on Bitcoin Magazine.

Posted on

Darknet Customers Are Demanding Bitcoin Alternative Monero

The dark web has started to embrace Monero, a privacy-conscious alternative to Bitcoin. First, the operators of SIGAINT, a commonly used...

The post Darknet Customers Are Demanding Bitcoin Alternative Monero appeared first on Bitcoin Magazine.

Posted on

Chronicled Introduces New Ethereum-Powered IoT Open Registry

Chronicled, a blockchain startup headquartered in San Francisco, has introduced an Ethereum blockchain-based physical asset verification...

The post Chronicled Introduces New Ethereum-Powered IoT Open Registry appeared first on Bitcoin Magazine.

Posted on

Sandia National Laboratories Joins the War on Bitcoin Anonymity

The Sandia National Laboratories, a major United States Department of Energy research and development facility, with campuses in...

The post Sandia National Laboratories Joins the War on Bitcoin Anonymity appeared first on Bitcoin Magazine.

Posted on

Utility Settlement Coin Aims to Set Industry Standard for Central Banking Digital Cash

A group of major banks; UBS, Deutsche Bank, Santander and BNY Mellon, as well as the broker ICAP, have teamed up to develop a new form of...

The post Utility Settlement Coin Aims to Set Industry Standard for Central Banking Digital Cash appeared first on Bitcoin Magazine.

Posted on

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

August 31, 2016 -
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