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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

Expedia to accept Bitcoin payments for hotel bookings

Posted on 12 June 2014 | 12:41 pm

Bitcoin v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Advertise with Anonymous Ads

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

As Mining Expands, Will Electricity Consumption Constrain Bitcoin? - CryptoCoinsNews


CryptoCoinsNews

As Mining Expands, Will Electricity Consumption Constrain Bitcoin?
CryptoCoinsNews
One reason the exact amount of electricity used to power bitcoin is uncertain is that the miners that produce bitcoin maintain a low profile. Bitcoin mining centers are big datacenters that are dispersed globally. The datacenters are clustered in ...

Posted on 24 July 2016 | 11:05 pm

BitCluster Bitcoin De-Anonymizer Presented at HOPE Conference - newsBTC


newsBTC

BitCluster Bitcoin De-Anonymizer Presented at HOPE Conference
newsBTC
Bitcoin transactions are not anonymous, but pseudonymous at best. The digital currency transactions on the blockchain can be tracked to wallet addresses to uncover the whole transaction history, thanks to the transparent nature of the Bitcoin blockchain.

and more »

Posted on 24 July 2016 | 2:30 pm

Trendon Shavers Sent to Jail Over Bitcoin Savings and Trust Ponzi Scheme - Finance Magnates


Finance Magnates

Trendon Shavers Sent to Jail Over Bitcoin Savings and Trust Ponzi Scheme
Finance Magnates
Between September 2011 and September 2012, Shavers' Bitcoin Savings & Trust (BTCST) allegedly raised 764,000 bitcoins, worth roughly $4.5 million at the time (and over half a billion USD at current Bitcoin exchange rates), from clients that trusted him ...

Posted on 24 July 2016 | 6:54 am

5 Reasons Why Bitcoin Value Must Increase In Future - CoinTelegraph


CoinTelegraph

5 Reasons Why Bitcoin Value Must Increase In Future
CoinTelegraph
Bitcoin's continuously price is but the tip of the iceberg when it comes to reasons to invest in “The Future of Money.” However, since that is the case, here are five great reasons why Bitcoin's price will continue to rise in the future, and draw ...
You Can Use Bitcoin to Buy No Man's Sky!Game Time Reviews (press release) (blog)

all 4 news articles »

Posted on 24 July 2016 | 4:20 am

US man jailed over bitcoin fraud scheme - BBC News


BBC News

US man jailed over bitcoin fraud scheme
BBC News
A Texan man has been sentenced to 18 months in jail for running a fraudulent Ponzi-style scheme based around the Bitcoin virtual currency. The scheme - run by Trendon Shavers - promised high returns to those who backed bitcoin-related investments.
Bitcoin Ponzi Scheme Operator Sentenced to 18 Months in PrisonCoinDesk
Trendon Shavers Sentenced in First Bitcoin Securities-Fraud CaseWall Street Journal
Bitcoin Fraudster Receives 18-Month Prison TimenewsBTC
CryptoCoinsNews -Reuters -Phys.Org
all 30 news articles »

Posted on 22 July 2016 | 5:57 am

Ethereum Hard Fork Creates Competing Currencies as Support for Ethereum Classic Rises

The Ethereum hard fork executed last week as a means of reimbursing investors who lost funds in the collapse of a major project has resulted in the creation of a competing currency on a blockchain replicating the platform’s original consensus rules prior to the fork. Announced last week, a project called Ethereum Classic is continuing […]

Posted on 24 July 2016 | 2:21 pm

New Digital Currency Steem Provokes Doubt of Market Observers

While steemit has become the third-largest digital currency by market cap, some market observers have expressed doubts about its sustainability.

Posted on 23 July 2016 | 7:32 am

Bitcoin: The Trust Anchor in a Sea of Blockchains

Bitcoin software engineer Jameson Lopp takes a deep and enlightening dive into the unique attributes that make up blockchains.

Posted on 23 July 2016 | 6:16 am

Moody's Clients Working on 120 Blockchain Projects, Report Shows

As many as 120 blockchain-related projects are being undertaken by governments and companies rated by Moody’s, new data shows.

Posted on 22 July 2016 | 3:44 pm

Ether Withdrawals Slow as Millions in DAO Funds Remain Unclaimed

Millions in ether remain unclaimed from an account established for the purpose of allowing original investors in The DAO to get it back.

Posted on 22 July 2016 | 3:03 pm

RBI Calls on Indian Banks to Explore Blockchain

A member of India's central bank has encouraged further collaboration between banks and startups to advance blockchain tech.

Posted on 22 July 2016 | 12:00 pm

Bitcoin Developers Warn Ethereum Fork Sets Unsettling Precedent

Bitcoin Core developers are concerned that the side effects of a hard fork on the ethereum blockchain could have negative impacts on all blockchains.

Posted on 22 July 2016 | 11:20 am

So, You Want to Use a Blockchain for That?

Is blockchain data 'true'? Blockchain consultant Antony Lewis breaks down these questions and more in a new opinion piece.

Posted on 22 July 2016 | 8:57 am

Bitcoin Ponzi Scheme Operator Sentenced to 18 Months in Prison

The first federal securities fraud case involving a bitcoin investment scheme has ended with an 18-month jail sentence.

Posted on 21 July 2016 | 5:38 pm

Why Big Bank Consultants Were Watching Ethereum's Hard Fork

CoinDesk discusses the recent ethereum hard fork with members of major consulting firms with a blockchain specialty.

Posted on 21 July 2016 | 5:01 pm

Bitcoin's 'Nervous System' Gets an Upgrade With FIBRE Network

A long-running effort to boost block propagation times in the bitcoin network is getting an upgrade.

Posted on 21 July 2016 | 2:19 pm

DAO Critic Defends Ethereum Hard Fork as 'Rite of Passage'

The Cornell professor who emerged as one of The DAO's leading critics believes ethereum's hard fork is a sign of maturity.

Posted on 20 July 2016 | 3:30 pm

Nearly Half of All DAO Funds Withdrawn After Ethereum Hard Fork

Forty-three percent, or nearly half of all funds, associated with The DAO have now been withdrawn by former project investors.

Posted on 20 July 2016 | 2:25 pm

Petition Pushes CFTC to Clarify Rules on Blockchain 'Delivery'

A US law firm has filed a petition that argues the CFTC needs to provide clarity on the definition of "delivery" as it pertains to blockchain.

Posted on 20 July 2016 | 12:53 pm

Ethereum Executes Blockchain Hard Fork to Return DAO Funds

Ethereum has executed a hard fork of its blockchain, returning funds lost in The DAO collapse to investors.

Posted on 20 July 2016 | 8:23 am

IBM Launches Blockchain Cloud Services on High Security Server, LinuxONE

IBM has announced a cloud service for organizations requiring a secure environment for blockchain networks. According to the company, the...

The post IBM Launches Blockchain Cloud Services on High Security Server, LinuxONE appeared first on Bitcoin Magazine.

Posted on

Rejecting Today’s Hard Fork, the Ethereum Classic Project Continues on the Original Chain: Here's Why

Ethereum hard forked today. As per what seemed to be the popular demand, the protocol rules have been updated incompatibly with the existing...

The post Rejecting Today’s Hard Fork, the Ethereum Classic Project Continues on the Original Chain: Here's Why appeared first on Bitcoin Magazine.

Posted on

SAP and Ripple Collaborate on Cross-Border Payments Trial Using Blockchain Technology

SAP is venturing into blockchain technology applications. The German multinational company, a market leader in enterprise application...

The post SAP and Ripple Collaborate on Cross-Border Payments Trial Using Blockchain Technology appeared first on Bitcoin Magazine.

Posted on

How Bitcoin's Second Halving Came and Went, and Not Much Happened

Bitcoin's block reward halved for the second time last week, from 25 to 12.5 bitcoins. The event, commonly referred to as “the halving” (or...

The post How Bitcoin's Second Halving Came and Went, and Not Much Happened appeared first on Bitcoin Magazine.

Posted on

Funderbeam Launches Blockchain-Based Trading and Investment Platform for Startups

A year ago, Skype co-founder Jaan Tallinn and Funderbeam co-founder, Urmas Peiker, had a vision of a blockchain-trading platform designed...

The post Funderbeam Launches Blockchain-Based Trading and Investment Platform for Startups appeared first on Bitcoin Magazine.

Posted on

Dutch Bitcoin Companies Start Initiative to Adjust Proposed European Union AML-Directive

The European Commission published a draft directive last week proposing to amend existing anti-money laundering rules to include virtual...

The post Dutch Bitcoin Companies Start Initiative to Adjust Proposed European Union AML-Directive appeared first on Bitcoin Magazine.

Posted on

New Exchange-Traded Product SolidX Bitcoin Trust to Launch on NYSE Arca

Blockchain technology company SolidX Partners has announced that it has filed a registration statement with the Securities and Exchange...

The post New Exchange-Traded Product SolidX Bitcoin Trust to Launch on NYSE Arca appeared first on Bitcoin Magazine.

Posted on

New EU Directive May Impose Anti-Money Laundering Regulations on Bitcoin Wallet Providers

The European Commission published a new directive draft last week proposing to extend strict anti-money laundering (AML) regulation to both...

The post New EU Directive May Impose Anti-Money Laundering Regulations on Bitcoin Wallet Providers appeared first on Bitcoin Magazine.

Posted on

Why Do Some Bitcoin Mining Pools Mine Empty Blocks?

Blocks on the Bitcoin blockchain have a maximum size of 1 MB. Proof of work difficulty is calibrated so 1 block is created every 10 minutes....

The post Why Do Some Bitcoin Mining Pools Mine Empty Blocks? appeared first on Bitcoin Magazine.

Posted on

July 25, 2016 -
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