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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

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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Darkode Bitcoin bot bandit gets year and a day in US cooler - The Register


The Register

Darkode Bitcoin bot bandit gets year and a day in US cooler
The Register
Darkode bot bandit Rory Stephen Guidry has been sentenced to a year and a day in prison for selling a botnet containing 5000 enslaved machines, and stealing US$80,000 (£72,069, A$111,728) in Bitcoins and 5000 active credit cards. Guildry, 29, or ...
Selling Botnets And Stealing Bitcoin Gets Darkode Forum User One Year In JailTechworm
Darkode Forum User Gets One Year in Jail for Selling Botnet & Stealing BitcoinSoftpedia News

all 3 news articles »

Posted on 30 May 2016 | 1:57 am

Bitcoin's Price Explodes, Is $600 Around the Corner? - Bitcoinist.net


Bitcoinist.net

Bitcoin's Price Explodes, Is $600 Around the Corner?
Bitcoinist.net
As one source states, bitcoin fanatics have China to thank for the sudden jump. It appears that bitcoin traded in CNY on the Huobi exchange shot past the 3800 CNY mark (over $580 USD each) approximately 48 hours ago, suggesting a massive spike in ...
Bitcoin climbs above $500 for first time since August 2014Nasdaq
Ethereum Price Virtually Unchanged Despite Bitcoin Bull RushnewsBTC
OKCoin Surpassed CNY 3bn in 24-hour Bitcoin Trading VolumeThe Merkle
Finance Magnates -Live Bitcoin News
all 9 news articles »

Posted on 30 May 2016 | 12:00 am

Bitcoin Price Technical Analysis - Aiming for Next Resistance Levels - newsBTC


newsBTC

Bitcoin Price Technical Analysis - Aiming for Next Resistance Levels
newsBTC
Bitcoin price made a strong breakout from the $500 yearly highs, indicating its potential to keep the bullish run going. Zooming out to the longer-term weekly chart shows the next possible resistance levels. However, technical indicators are hinting ...

and more »

Posted on 29 May 2016 | 9:28 pm

Ex-Citi Trader's Bitcoin Exchange Skirts Currency Curbs - Bloomberg


Bloomberg

Ex-Citi Trader's Bitcoin Exchange Skirts Currency Curbs
Bloomberg
It was after Arthur Hayes got laid off from Citigroup Inc. in 2013 that he stumbled across one of the simplest ways to make money he'd ever seen. He was living in Hong Kong and saw the price of bitcoin across the China border was much higher. He hopped ...
Bitcoin Derivatives Exchange Expands, Skirting China's Currency CurbsCryptoCoinsNews

all 2 news articles »

Posted on 29 May 2016 | 4:29 pm

The price of bitcoin just surged to a 20-month high - Quartz


Quartz

The price of bitcoin just surged to a 20-month high
Quartz
A research report by industry publication Coindesk in early 2016 estimated that trades involving Chinese yuan now account for 95% of bitcoin's trading volume, up from 80% in May 2015. Another potential factor is ethereum, a digital-finance platform ...
Australia to auction $11.5 million confiscated bitcoinsCNBC
MarketsBitcoin's dollar value spikes as auction announcedFinancial Times
Bitcoin Prices Break $500 Barrier to Hit 20-Month HighCoinDesk
Business Insider Australia -The Australian -The Australian Financial Review
all 21 news articles »

Posted on 29 May 2016 | 1:35 pm

Why ABN Amro Wants to Separate Bitcoin from the Blockchain - CoinDesk


CoinDesk

Why ABN Amro Wants to Separate Bitcoin from the Blockchain
CoinDesk
As with many other major global banks, ABN is focused on distributed ledger aspects of the technology, and isn't working with digital currencies such as bitcoin. "If you look at our view regarding the blockchain, we want to clearly separate bitcoin ...

Posted on 29 May 2016 | 11:10 am

BitLicense Has Done More Good Than Bad to the Bitcoin Sector - newsBTC


newsBTC

BitLicense Has Done More Good Than Bad to the Bitcoin Sector
newsBTC
However, the requirements stated by BitLicense, in order to overcome the decentralized and pseudonymous nature of Bitcoin far exceeded the AML and KYC practices otherwise followed by traditional banks and financial institutions. These factors proved to ...

Posted on 29 May 2016 | 10:33 am

Bitcoin Price Advances Above $500 - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Advances Above $500
CryptoCoinsNews
Like most price charts, the bitcoin price chart tends to retrace trending moves by 50%. The level from which such a price correction will occur remains to be seen. It may be that the past two days' string advance warrants a correction from the current ...

and more »

Posted on 29 May 2016 | 9:41 am

Venezuelan Pastry Shop Accepts Bitcoin Despite Public Distrust - CryptoCoinsNews


CryptoCoinsNews

Venezuelan Pastry Shop Accepts Bitcoin Despite Public Distrust
CryptoCoinsNews
A Venezuelan pastry shop, Tortas Don Eduardo, accepts bitcoin, despite the fact that acceptance has been slow, according to diariobitcoin.com, a Latin American bitcoin journal. The proprietor, Eduardo Hernandez, investigated bitcoin while using the web ...
A Venezuelan pastry shop starts accepting bitcoinEconoTimes

all 2 news articles »

Posted on 29 May 2016 | 7:57 am

Ernst & Young to Sell $12 Million in Bitcoin at Auction

Ernst & Young has announced it will auction $12.9m worth of bitcoin confiscated from a former Silk Road user.

Posted on 30 May 2016 | 12:20 am

Why ABN Amro Wants to Separate Bitcoin from the Blockchain

ABN Amro managing director Karin Kersten discusses her firm's blockchain strategy and use cases.

Posted on 29 May 2016 | 11:08 am

London Workshop Explores Blockchain Identity in Finance

The Identity & KYC conference in London hosted a workshop on using blockchain technology to improve know-your-customer processes earlier this week.

Posted on 29 May 2016 | 9:56 am

Bitcoin Prices Break $500 Barrier to Hit 20-Month High

Bitcoin prices hit a more than 20-month high this weekend as the digital currency broke the $500 barrier to reap big gains.

Posted on 29 May 2016 | 5:38 am

A Framework for Identity

IDEO coLAB member Dan Elitzer explores a framework for digital identity using blockchain and other technologies.

Posted on 28 May 2016 | 10:14 am

A Right to Exist: Using Technology to Create Better ID Systems

Steven Malby of the Commonwealth Secretariat explores the challenges in bringing legal identity to the more than 1 billion people lacking recognition.

Posted on 28 May 2016 | 8:20 am

Was Ether's Loss Bitcoin's Gain? Traders Wonder After Wild Week

The price of bitcoin appreciated nearly 4% for the week ending 27th May.

Posted on 27 May 2016 | 3:47 pm

Kraken to Add DAO Trading as Critics Call for ‘Moratorium’

Amid a vibrant public debate, digital currency exchange operator Kraken has announced it will begin trading The DAO tokens.

Posted on 27 May 2016 | 2:55 pm

Bitcoin Mining Firm KnCMiner Declares Bankruptcy

The parent company of Swedish bitcoin mine operator KnCMiner has declared bankruptcy.

Posted on 27 May 2016 | 11:41 am

Bitcoin Price Hits Six-Month High Amid 5% Surge

Bitcoin prices surged more than 5% in the early hours of 27th May, to reach a more than six-month high.

Posted on 27 May 2016 | 10:36 am

US Congress Reps Receive Blockchain Briefing at Capitol Hill Event

More than 15 members of Congress met with representatives of the blockchain technology industry this week in Washington, DC.

Posted on 27 May 2016 | 8:19 am

Lawyers Be DAMNed: Andreas Antonopoulos Takes Aim at Arbitration With DAO Proposal

Andreas Antonopoulos takes aim at local governments with new plans for an Ethereum-based system that could be recognized across borders.

Posted on 26 May 2016 | 4:57 pm

CFTC Grants Full Registration to Bitcoin Swaps Trading Platform

The CFTChas granted registration to a trading platform that was an early entrant in the US market for financial derivatives tied to bitcoin.

Posted on 26 May 2016 | 4:24 pm

Nasdaq Opens Blockchain Services to Global Exchange Partners

Nasdaq's new financial infrastructure hub could pave the way for other exchanges to start using blockchain technology in a wide range of services.

Posted on 26 May 2016 | 12:18 pm

Blockchain Entrepreneurs, Musicians Test Ideas at Berlin Music Festival

A group of musicians, entrepreneurs and blockchain advocates is set to gather at a festival in Germany later this week.

Posted on 26 May 2016 | 10:28 am

EU Parliament Approves Proposal for Digital Currency Task Force

The European Parliament has voted to recommend that the bloc’s government create a task force dedicated to digital currencies and blockchain.

Posted on 26 May 2016 | 8:37 am

Goldman Sachs: Blockchain Tech Could Save Capital Markets $6 Billion a Year

A new report from Goldman Sachs Investment Research projects blockchain technology could save billions across industries.

Posted on 25 May 2016 | 4:44 pm

Blockchain Technology Will Profoundly Change the Derivatives Industry

Editor's note: This is a guest post by Matt O’Brien. As the hype and pessimism around blockchain technology converge toward reality over the...

The post Blockchain Technology Will Profoundly Change the Derivatives Industry appeared first on Bitcoin Magazine.

Posted on

IBM: Government and Blockchain Sector Should Work Together to Enhance National Security

IBM Vice President for Blockchain Technologies Jerry Cuomo recently testified before the Commission on Enhancing National Cybersecurity on...

The post IBM: Government and Blockchain Sector Should Work Together to Enhance National Security appeared first on Bitcoin Magazine.

Posted on

BunkerChain Labs Takes on Fraud in Online Gaming Using the Blockchain

In a bid to provide the online gaming industry with a transparent and provably fair wagering platform, ex-military nuclear bunker and data...

The post BunkerChain Labs Takes on Fraud in Online Gaming Using the Blockchain appeared first on Bitcoin Magazine.

Posted on

How Blockchain Technology Is Reinventing Global Trade Efficiency

This article orginally appeared in The Distributed Ledger. The business of moving commercial goods around the planet represents billions of...

The post How Blockchain Technology Is Reinventing Global Trade Efficiency appeared first on Bitcoin Magazine.

Posted on

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ISO May Propose Certified Standards for Blockchains and Distributed Ledgers

In April when the Bitcoin community began preparing for Australian Craig Wright’s “Satoshi Nakamoto reveal,” there was another announcement...

The post ISO May Propose Certified Standards for Blockchains and Distributed Ledgers appeared first on Bitcoin Magazine.

Posted on

Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments

Over the past years, the Dutch town of Arnhem consistently made headlines for its exceptional Bitcoin project: Arnhem Bitcoincity. Launched...

The post Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments appeared first on Bitcoin Magazine.

Posted on

Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork

Although there has been some serious, public drama over scaling in the Bitcoin community for over a year, it appears that the community is...

The post Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork appeared first on Bitcoin Magazine.

Posted on

May 30, 2016 -
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