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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

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 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-Qt v0.9.0rc3 released

Posted on 13 March 2014 | 3:21 am

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Advertise with Anonymous Ads

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Investment Firm Values Bitcoin Price at $848 Over Improving Fundamentals, $2231 By 2020 - CryptoCoinsNews


The Cerbat Gem

Investment Firm Values Bitcoin Price at $848 Over Improving Fundamentals, $2231 By 2020
CryptoCoinsNews
Needham & Company, LLC, an investment banking and asset management firm, just bumped the estimated value of bitcoin from $655 to $848, due to faster than expected adoption and improving fundamentals, according to Money Morning. The new estimate ...
Bitcoin Investment Trust (GBTC) Rating Lowered to Hold at Needham & Company LLCThe Cerbat Gem

all 2 news articles »

Posted on 26 September 2016 | 7:00 am

Bitcoin Finds Berth at Sberbank's Moscow Office Despite Ban Talk - Bloomberg


Livemint

Bitcoin Finds Berth at Sberbank's Moscow Office Despite Ban Talk
Bloomberg
While Russian authorities are still trying to define the legal status of bitcoin, the virtual currency has found use in Moscow in the lobby of the country's biggest bank. A coffee stand at the headquarters of state-owned Sberbank PJSC is one of the ...
Crypto-currencies: they are such a blurLivemint

all 2 news articles »

Posted on 26 September 2016 | 6:41 am

Bitcoin Advocate Roger Ver on OKEX Case: “They Forged My Signature” - CoinTelegraph


CoinTelegraph

Bitcoin Advocate Roger Ver on OKEX Case: “They Forged My Signature”
CoinTelegraph
Coin Telegraph: How can you explain the genesis of the case? Roger Ver: They signed a contract to rent Bitcoin.com, and then violated that contract. They then produced a fake contract that they forged my signature on to, and violated the forged ...

Posted on 26 September 2016 | 5:04 am

Utility venture to promote cheaper electricity payments via bitcoin - The Japan Times


The Japan Times

Utility venture to promote cheaper electricity payments via bitcoin
The Japan Times
A bitcoin startup plans to join Japan's growing ranks of power utilities and accept the cryptocurrency as payment for electricity charges, promising bills four to six percent cheaper than the competition. ResuPress Inc., a Tokyo-based startup that runs ...
Japan will soon be accepting utility bill payments in Bitcoin – like the rest of the world shouldThe Next Web
Japanese to pay utility bills using bitcoinThe Stack
Coincheck and E-Net Let Users Pay Electricity Bills with BitcoinnewsBTC
Ubergizmo -CryptoCoinsNews -EconoTimes
all 7 news articles »

Posted on 26 September 2016 | 4:47 am

China's risk-loving mom and pop investors have abandoned local stock markets for bitcoin - Quartz


Quartz

China's risk-loving mom and pop investors have abandoned local stock markets for bitcoin
Quartz
Chinese traders' dominance in the bitcoin markets has had little negative impact on the cryptocurrency—so far. That could change if mainland regulators target Chinese exchanges, raising the specter of plummeting liquidity, as bitcoin traders saw ...
Huobi Remains Tightlipped On CNY Trading Outage Earlier TodayThe Merkle

all 2 news articles »

Posted on 25 September 2016 | 10:38 pm

Bitcoin Price Slipping From $600, Downside Risk - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Slipping From $600, Downside Risk
CryptoCoinsNews
Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Bitcoin price looks to be slipping from $600 and 4,000 CNY in some exchanges exchanges. Failure to hold this critical level opens the ...

Posted on 25 September 2016 | 9:59 am

A Controversial Bitcoin Alternative is Seeking a Comeback - CoinDesk


CoinDesk

A Controversial Bitcoin Alternative is Seeking a Comeback
CoinDesk
Having launched earlier this year, Bitcoin Unlimited grew out of an active movement to quickly pick up bitcoin's userbase by increasing the block size, or a hardcoded limit on the number of transactions that the network can process per block. This is a ...

Posted on 25 September 2016 | 9:58 am

Juzhen Raises $23 Million to Bring Blockchain Post-Trade to China

China's Juzhen Financials has raised $23m (¥153m) to develop clearing and settlement solutions based on blockchain.

Source

Posted on 26 September 2016 | 7:52 am

Swift Kicks-Off Sibos By Unveiling Blockchain Contest Winners

Swift announced three blockchain startups that won a competition to build a distributed ledger bonds solution earlier this year.

Source

Posted on 26 September 2016 | 6:27 am

Hyperledger Adds to Blockchain Group in Time for Sibos

Blockchain consortium Hyperledger today revealed five new members today.

Source

Posted on 26 September 2016 | 4:15 am

A Controversial Bitcoin Alternative is Seeking a Comeback

A controversial bitcoin alternative that offers owners and miners a choice of block size may be making a comeback.

Source

Posted on 25 September 2016 | 9:53 am

Winter is Coming: Bitcoin Mining for Heat (And Profit)

Winter is coming... So does it make sense to use bitcoin miners to subsidise your heating costs? CoinDesk investigates.

Source

Posted on 24 September 2016 | 12:30 pm

The Looming War for Blockchain Patents

There’s a patent land grab developing that could potentially make doing business more challenging for blockchain startups.

Source

Posted on 24 September 2016 | 6:40 am

Global Banks Partner to Form Blockchain Payments Network

Ripple joins with Bank of America, Santander, the Royal Bank of Canada and more to build a global blockchain steering group.

Source

Posted on 23 September 2016 | 11:47 am

At Ethereum Mega-Event, the 'Church of Vitalik' Sobers Up

At Devcon2, the Ethereum community's strengths and limitations were on display.

Source

Posted on 22 September 2016 | 12:20 pm

Symbiont Showcases Blockchain Catastrophe Swaps to Insurance Execs

Blockchain startup Symbiont has demonstrated a self-executing catastrophe swap smart contract on a platform designed for a wide-range of industries.

Source

Posted on 22 September 2016 | 7:50 am

UK Government Seeks Distributed Ledger Projects in £15 Million Competition

The UK Government has launched a new technology competition inviting submissions related to distributed ledger technology.

Source

Posted on 22 September 2016 | 7:01 am

Bank Tech Provider Sinodata Calls for Blockchain Collaborations

Bank technology provider Sinodata is seeking to collaborate with blockchain startups.

Source

Posted on 22 September 2016 | 3:49 am

Brothers Face Jail Time for Stealing Power to Mine Bitcoins

Two brothers in the Netherlands face months in prison after allegedly siphoning power to fuel a small bitcoin mining operation.

Source

Posted on 21 September 2016 | 2:12 pm

Blockchain Summit Day Two: End-Of-Conference Highlights From Shanghai

Financial services firms and startups looking to be the bridge to blockchain ledgers continued to dominate presentations on the second and...

The post Blockchain Summit Day Two: End-Of-Conference Highlights From Shanghai appeared first on Bitcoin Magazine.

Posted on

Blockchain Summit Day One: Highlights From Shanghai

A busy first day of Blockchain Summit, part of International Blockchain Week in Shanghai, was filled with product demonstrations and...

The post Blockchain Summit Day One: Highlights From Shanghai appeared first on Bitcoin Magazine.

Posted on

Tendermint Wins Innovation Award and Announces Cosmos at International Blockchain Week

Blockchain app specialist, Tendermint, winner of the 20,000 RMB prize for the "Most Innovative" Award at the International Blockchain Week...

The post Tendermint Wins Innovation Award and Announces Cosmos at International Blockchain Week appeared first on Bitcoin Magazine.

Posted on

The Long History and Disputed Desirability of Alternative Bitcoin Implementations

Coinciding with the opening of the Ethereum Foundation’s Devcon2 conference in Shanghai this week, significant parts of the Ethereum network...

The post The Long History and Disputed Desirability of Alternative Bitcoin Implementations appeared first on Bitcoin Magazine.

Posted on

Op-Ed: What Is the True Meaning of "Decentralization" in Blockchain Technology?

Recent years have brought significant misunderstanding of the term decentralization as it pertains to Bitcoin. Literally, it means the...

The post Op-Ed: What Is the True Meaning of "Decentralization" in Blockchain Technology? appeared first on Bitcoin Magazine.

Posted on

IBM and Bank of Tokyo-Mitsubishi UFJ Develop Blockchain-Powered Contract Management System

IBM announced that it has signed a contract with the Bank of Tokyo-Mitsubishi UFJ (BTMU) to apply blockchain technology to the design,...

The post IBM and Bank of Tokyo-Mitsubishi UFJ Develop Blockchain-Powered Contract Management System appeared first on Bitcoin Magazine.

Posted on

Roger Ver Is Still Determined to Increase the Bitcoin Block Size Limit via a Hard Fork

Two attempts to increase Bitcoin’s block size limit via hard forks — Bitcoin XT and Bitcoin Classic — have failed to gain much support in...

The post Roger Ver Is Still Determined to Increase the Bitcoin Block Size Limit via a Hard Fork appeared first on Bitcoin Magazine.

Posted on

Op-Ed: Bitcoin’s Journey to Digital Reserve Currency Status

Seven years on, bitcoin still remains the largest digital currency by market capitalization. While bitcoin may have been the most volatile...

The post Op-Ed: Bitcoin’s Journey to Digital Reserve Currency Status appeared first on Bitcoin Magazine.

Posted on

State Street and PeerNova Trial New Blockchain Prototype for Capital Tracking

PeerNova and State Street have been trialing a blockchain-enabled platform for the tracking and monitoring the flow of funds. The two...

The post State Street and PeerNova Trial New Blockchain Prototype for Capital Tracking appeared first on Bitcoin Magazine.

Posted on

September 26, 2016 -
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