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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

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 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

Why Focusing on Bitcoin's Customer Experience Matters - CoinDesk


CoinDesk

Why Focusing on Bitcoin's Customer Experience Matters
CoinDesk
Martin Hagelstrom is a bitcoin enthusiast, project executive and consultant working on IT projects at IBM. In this opinion piece, Hagelstrom looks at how bitcoin can grow to mass adoption in a market full of digital payments systems run by tech and ...

Posted on 26 June 2016 | 10:24 am

Fixing Bitcoin's Big UX Problem - CoinDesk


CoinDesk

Fixing Bitcoin's Big UX Problem
CoinDesk
Richard Svinkin is co-founder and COO at bitcoin remittance service Freemit, and a former UX lead for Kodak and Merck. In this opinion piece, Svinkin argues that the bitcoin industry's attempts to revamp the technology's user experience have so far ...

Posted on 26 June 2016 | 8:18 am

Bitcoin Blockchain is the Last Economic Fortress, Provides the Unbanked with Jobs - CoinTelegraph


CoinTelegraph

Bitcoin Blockchain is the Last Economic Fortress, Provides the Unbanked with Jobs
CoinTelegraph
“Blockchain is a game changer but there is still a real need to lower the barriers to entry so that more people can get involved with the technology, discover it's utility and ultimately be able to compete in a changing marketplace. Bitcoin core ...

Posted on 26 June 2016 | 4:55 am

Chip-Chap Users Can Now Buy Bitcoin Through SafetyPay - The Merkle


The Merkle

Chip-Chap Users Can Now Buy Bitcoin Through SafetyPay
The Merkle
Making Bitcoin convenient to buy is the primary objective of many companies. Chip-Chap is one of those companies mainly targeting Spanish-speaking regions. The company has expanded their range of service as they now accept SafetyPay as a payment ...

Posted on 26 June 2016 | 3:48 am

Brexit to Lead Bitcoin Price Beyond $800 ? - newsBTC


newsBTC

Brexit to Lead Bitcoin Price Beyond $800 ?
newsBTC
The value of Bitcoin has shown a significant increase from what it was a couple of days ago, following the Brexit Results. The digital currency, which was exhibiting healthy gains in the past few weeks registered a significant drop during the last ...
Bitcoin and Brexit: Did the Great UK Debate Move the Price?Bitcoinist.net

all 3 news articles »

Posted on 26 June 2016 | 3:00 am

Understanding The Real Value of Bitcoin Mining - The Merkle


The Merkle

Understanding The Real Value of Bitcoin Mining
The Merkle
There are a lot of aspects to the Bitcoin mining ecosystem. Many outsiders see this as a waste of resources, particularly when taking into account how miners receive a small reward for doing so. But the mining process is not just about money; it is ...

Posted on 26 June 2016 | 2:34 am

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Taiwan Turning Out to Be a Bitcoin Tourist Destination - newsBTC


newsBTC

Taiwan Turning Out to Be a Bitcoin Tourist Destination
newsBTC
The decentralized nature of Bitcoin also makes it impossible for the governments to directly interfere with the transactions. This very nature of bitcoin also makes it a favored currency among international travellers as they can avoid the hassles of ...
Taiwan May Be The Most Convenient Country For Bitcoin EnthusiastsThe Merkle

all 2 news articles »

Posted on 26 June 2016 | 12:31 am

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

all 4 news articles »

Posted on 24 June 2016 | 2:50 pm

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

Bitcoin value surges as British pound tanks on Brexit - The Verge


The Verge

Bitcoin value surges as British pound tanks on Brexit
The Verge
The pound has dropped around 10 percent against the dollar, a 30-year low as the market reacts to uncertainty over the UK's vote. While traditional currency markets react to the news, cryptocurrency bitcoin has started to surge in price. Bitcoin ...
As Global Currencies Plunge Over Brexit, Investors Turn to BitcoinFortune
Bitcoin Buyers Seek Haven From British Pound After Brexit VoteBloomberg
Bitcoin Rollercoaster Rides Brexit As Ether Price Holds Amid DAO DebacleCoinDesk
CNBC -Yahoo Finance -International Business Times UK
all 80 news articles »

Posted on 24 June 2016 | 3:57 am

Why Focusing on Bitcoin's Customer Experience Matters

IBM's Martin Hagelstrom looks at how bitcoin can achieve growth in a market full of digital payments systems run by tech and finance giants.

Posted on 26 June 2016 | 10:18 am

Fixing Bitcoin's Big UX Problem

Richard Svinkin is co-founder and COO at bitcoin remittance service Freemit, and a former UX lead for Kodak and Merck. In this opinion piece, Svinkin argues that the bitcoin industry's attempts to revamp the technology's user experience have so far been misguided, and that they may have obscured the true value of the technology. The […]

Posted on 26 June 2016 | 8:18 am

Understanding The DAO Hack for Journalists

Blockchain strategist David Siegel gives a step-by-step overview of the attack on The DAO for journalists and media members.

Posted on 25 June 2016 | 9:00 am

Ethereum for the Overwhelmed Layman

Confused about Ethereum? Cryptocurrency investment fund manager Jacob Eliosoff gives his ELI5 overview of the emerging tech.

Posted on 25 June 2016 | 6:00 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

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Blockchain Startup Everledger Joins MasterCard Incubator

MasterCard has selected diamond provenance startup Everledger for its summer startup incubator. One of seven companies to join the 2016 Start Path Global program, Everledger will receive assistance from MasterCard to scale its operations and enter new markets. The startups will begin the program by working with MasterCard during a week-long immersion in London, followed […]

Posted on 24 June 2016 | 11:59 am

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

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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

The DAO Shows Blockchain Can't Code Away Social Problems

CoinDesk columnist Bailey Reutzel takes aim at what she believes are the social misconceptions that led to the debacle at The DAO.

Posted on 24 June 2016 | 6:30 am

Survey: Blockchain Capital Markets Spending to Reach $1 Billion in 2016

A new survey estimates that finance companies will invest as much as $1bn on blockchain initiatives related to capital markets in 2016.

Posted on 23 June 2016 | 2:34 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

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

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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

Bank of England Launches Fintech Accelerator, Partners With PwC on Distributed Ledger Project

In a speech prepared for the Lord Mayor’s Banquet for Bankers and Merchants of the City of London at the Mansion House, Mark Carney,...

The post Bank of England Launches Fintech Accelerator, Partners With PwC on Distributed Ledger Project 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 26, 2016 -
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