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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

Bitspark is Making Bitcoin Easier To Use - CryptoCoinsNews


CryptoCoinsNews

Bitspark is Making Bitcoin Easier To Use
CryptoCoinsNews
Last week, Bitspark announced several major developments, including secured investment funding from fintech investors based in Hong Kong and a partnership with Palo Alto based Bitgo Inc meant to provide the best Bitcoin security, arbitraging in ...

Posted on 19 April 2015 | 6:08 am

Bitcoin Could Be Stored Securely as a Hardware Wallet on Your Phone - CoinTelegraph


CoinTelegraph

Bitcoin Could Be Stored Securely as a Hardware Wallet on Your Phone
CoinTelegraph
Mobile apps such as Mycelium and Blockchain strive to change people's mindset about bitcoin, from a technical and difficult-to-use service, to a more easy-to-use one that requires few clicks to transact. Although usability and simplicity in bitcoin are ...

Posted on 19 April 2015 | 5:13 am

Coinify Signs PSP Partner Agreement with PensoPay, Helps Merchants Accept ... - Inside Bitcoins


Inside Bitcoins

Coinify Signs PSP Partner Agreement with PensoPay, Helps Merchants Accept ...
Inside Bitcoins
Coinify, the company that allows merchants to accept Bitcoin payments in next-day settlements, has entered into a partnership with PensoPay. PensoPay a service that enables free, instant settlements in a fraud-free and chargeback free Bitcoin payment ...

and more »

Posted on 18 April 2015 | 3:01 pm

The Death of Paycoin: Employee Video Reveals Internal Chaos

It has been a tough couple weeks for GAW with a $350,000 lawsuit and now an announcement that it and its cryptocoin, Paycoin, has changed from its original iteration. According to a new whitepaper that is being circulated, Paycoin has entered a new stage where it leaves the hands of GAW and is now being held by a consortium of organizations. “The fate of Paycoin is now in the hands of every person and organization that hold coins. With this newfound freedom, we want to exercise our rights to make Paycoin the people’s money and do what is necessary to help the coin thrive,” the Paycoin Foundation wrote on its site. In an open dialogue, many of the parties to […]

The post The Death of Paycoin: Employee Video Reveals Internal Chaos appeared first on Bitcoin Magazine.

Posted on 18 April 2015 | 11:36 am

5 Surprising Facts from CoinDesk's State of Bitcoin Report - CoinDesk


CoinDesk

5 Surprising Facts from CoinDesk's State of Bitcoin Report
CoinDesk
Last Friday we released our quarterly State of Bitcoin report, which aims to provide a snapshot of events across the bitcoin ecosystem. With 87 slides of data, it's a hefty read. Here, we've cherry-picked some of the most surprising insights gleaned ...
Inside Bitcoins Returns to Hong Kong with Blockchain FocusCoinTelegraph
Global vs Local BitcoinsBitPost

all 3 news articles »

Posted on 18 April 2015 | 5:02 am

Rainforest Foundation to Support New Digital Currency in Environmental Protection Bid

The Rainforest Foundation has announced a new cryptocurrency aimed at furthering its goal of restoring global rainforests.

Posted on 17 April 2015 | 4:24 pm

Controversial Dark Web Bitcoin Bot Released from Custody

An automated shopping bot designed to make purchases on dark web marketplaces using bitcoin has been released after being confiscated.

Posted on 17 April 2015 | 1:22 pm

Simplicity is Bitcoin Investment App Lawnmower's Strength and Weakness

Bitcoin's take on the investment app Acorns, Lawnmower rounds bank purchases up to the nearest dollar and invests the change in bitcoin.

Posted on 17 April 2015 | 10:08 am

The New Stellar Consensus Protocol Could Permit Faster and Cheaper Transactions

Stanford professor David Mazières thinks he has a faster, more flexible and more secure alternative to Bitcoin, MIT Technology Review reports. Two independent reviewers, from Stanford and Cornell universities, agree that the new technology could make digital payments and other transactions cheaper, safer and easier. Alternative blockchains are often dismissed as worthless “me-too” copycats or scamcoins, which, unfortunately, has some element of truth. But Mazières’ approach deserves a place among the serious alternatives to Bitcoin that have been proposed, alongside Ethereum and Ripple. Public digital currency ledgers rely on distributed consensus protocols to propagate valid transactions. In the Bitcoin network, independent nodes (miners) work together without preferential trust relations. In other words, each node implicitly trusts every other node. In […]

The post The New Stellar Consensus Protocol Could Permit Faster and Cheaper Transactions appeared first on Bitcoin Magazine.

Posted on 17 April 2015 | 9:56 am

US Presidential Candidate Rand Paul to Appear at Bitcoin Event

Kentucky Senator and Republican presidential candidate Rand Paul is set to appear at a bitcoin-focused event in New York City this weekend.

Posted on 16 April 2015 | 3:30 pm

Establishing Trust In The Bitcoin Ecosystem - TechCrunch


TechCrunch

Establishing Trust In The Bitcoin Ecosystem
TechCrunch
Yet, it can be fairly argued that trust, or a lack thereof, has been at the heart of the troubles in the bitcoin ecosystem since that day. While the technology has been and continues to be robust, the failure of a few individuals to meet their ...
London stakes its claim as global bitcoin hubReuters
US Presidential Candidate Rand Paul to Appear at Bitcoin EventCoinDesk
Is the World Interested in Bitcoin or the Blockchain?newsBTC
Investopedia -O'Reilly Radar -CoinTelegraph
all 64 news articles »

Posted on 16 April 2015 | 3:01 pm

MIT Media Lab Announces Launch of MIT Digital Currency Initiative, Headed by Former White House Senior Adviser

A few days ago Bitcoin Magazine reported that Joi Ito, director of the prestigious Massachusetts Institute of Technology (MIT) Media Lab, was about to unveil a plan for the institute to become what he called an independent, neutral home to help with Bitcoin standards development. “I think within a couple of weeks we’ll be announcing something which will be a little bit more substantive,” said Ito. “And I’m not pushing it, but I’m offering MIT as a neutral academic home for some of the conversations and the technical coordination.” MIT has now formally announced the launch of a Digital Currency Initiative, to be directed by former White House senior adviser for mobile and data innovation Brian Forde, who joined the […]

The post MIT Media Lab Announces Launch of MIT Digital Currency Initiative, Headed by Former White House Senior Adviser appeared first on Bitcoin Magazine.

Posted on 16 April 2015 | 10:34 am

Newly Declared European Microstate Liberland Plans to Create Its Own Digital Currency

A group of Czech citizens has declared a new state, the Free Republic of Liberland, in a tiny 6-square-kilometer territory along the Danube River between Croatia and the Republic of Serbia. The Liberland territory is not claimed by either of these two states, which according to the group permits it to declare a new “microstate” in compliance with international law. After the Yugoslav Wars, some borderland territories have been disputed, but this area has remained unclaimed. Liberland was created entirely in accordance with international law because it is based on the no man’s land which was claimed neither by Serbia or Croatia in the process of demarcation, InSerbia News reports. On April 13, 2015 a Preparatory Committee declared the new […]

The post Newly Declared European Microstate Liberland Plans to Create Its Own Digital Currency appeared first on Bitcoin Magazine.

Posted on 16 April 2015 | 10:24 am

SecondMarket's Bitcoin Desk Relaunches as Genesis Trading

The former digital currency trading division at SecondMarket has relaunched as the newest subsidiary of Digital Currency Group, Genesis Trading.

Posted on 16 April 2015 | 7:30 am

Former Yahoo Exec Appointed COO of Ripple Labs

Ripple Labs has appointed former Yahoo and AOL executive Brad Garlinghouse as its new COO. Garlinghouse, who sits on the board of Ancestry.com, became the CEO of file-sharing firm Hightail in 2012. He departed last fall following a dispute over a potential sale of the company, as reported at the time by Re/code. In a press statement about his new […]

Posted on 16 April 2015 | 6:00 am

Former White House Advisor to Head MIT Digital Currency Initiative

MIT Media Lab has announced the launch of Digital Currency Initiative, a three-pronged program aimed at increasing awareness of the technology.

Posted on 15 April 2015 | 12:23 pm

BBVA Sponsors Upcoming Digital Currency Summit in Madrid

How do digital currencies work? What will be the impact for the global financial system? Are they an opportunity or a risk? On April 23, Madrid will host the second edition of the Digital Currency Summit, a meeting specially designed as a training and discussion forum with the participation of internationally recognized experts on finance. The first event was held in Andorra, a country with a strong tradition of financial businesses. The second will be in Spain, where bitcoin is gaining more attention on a national scale. The Spanish Bitcoin scene includes Calle Bitcoin in Madrid, as well as a growing network of ATMs and a promising group of businesses and entrepreneurs such as Coinffeine, the first company in the world […]

The post BBVA Sponsors Upcoming Digital Currency Summit in Madrid appeared first on Bitcoin Magazine.

Posted on 15 April 2015 | 11:17 am

Buttercoin CEO Reveals 'Tactical Mistake' that Led to Company Closure

Buttercoin CEO Cedric Dahl reflects on his leadership at the marketplace and lessons the wider community can learn from his fundraising experience.

Posted on 15 April 2015 | 10:27 am

Barry Silbert Shares Vision for Bitcoin Industry Professional Development

This a guest post by Barry Silbert; the views and opinions expressed are those of the author. The success of the Digital Currency Council (DCC) is exciting and timely for everyone involved in, and everyone who will become involved in, the digital currency economy. Similar standards-based professional organizations have been critical to the functioning of our traditional economy, and there is little doubt that the DCC will play an equally important role in the emerging digital currency economy. Historical Parallels The DCC Certification is similar to other certifications that assure clients that the professional has the expected level of competence. Such certifications enable the professional to differentiate him or herself from the crowd. Certifications allow us to hold professionals who are […]

The post Barry Silbert Shares Vision for Bitcoin Industry Professional Development appeared first on Bitcoin Magazine.

Posted on 15 April 2015 | 10:19 am

Bitcoin Marketplace Brawker to Shut Down

Bitcoin marketplace Brawker has announced that it will shut down citing competition and the increasing workload as the reasons behind the decision.

Posted on 14 April 2015 | 3:15 pm

New Tool Helps Victims Fight Bitcoin Ransomware

Kaspersky Lab has released a new tool to help free computer files 'held hostage' by bitcoin ransomware.

Posted on 14 April 2015 | 12:04 pm

Former Bitcoin Foundation Director Jon Matonis Joins Board of First Global Credit

Jon Matonis has joined First Global Credit Board as a non-executive director where he will play an advisory role related to strategic direction, security, due diligence and other matters. First Global Credit is a finance company that focuses exclusively on digital currency products. Its aim is to bridge the gap between bitcoin and fiat currencies through trading services, debt instruments, merchant services and other strategies. In a press statement, Gavin Smith, chief executive and founding director of First Global Credit said, “We are delighted to welcome Jon to the board; we have found we share a mutual vision for both the future of bitcoin and how First Global Credit will fit into that ecosystem. Jon’s comprehensive knowledge and connections within the […]

The post Former Bitcoin Foundation Director Jon Matonis Joins Board of First Global Credit appeared first on Bitcoin Magazine.

Posted on 14 April 2015 | 10:15 am

Bitcoin Exchanges in Talks to Join Fight Against Child Pornography

The Internet Watch Foundation is working with bitcoin companies to prevent digital currency being used to buy online child sexual abuse imagery.

Posted on 14 April 2015 | 9:22 am

South Korea's First Multisig Bitcoin Wallet Launches

Coinone has become the first bitcoin exchange in South Korea to launch a multi-signature wallet, using BitGo's API. In a statement, Coinone CEO Myunghun Cha said it was time for exchanges to provide the "equal level of safety and control" as multi-sig wallet providers. He continued: "We decided that multi-sig technology from BitGo was the […]

Posted on 14 April 2015 | 5:25 am

New Bitcoin Foundation Director Bruce Fenton Pledges Fiscal Reform

Following weeks of controversy, Bruce Fenton has been named executive director of the Bitcoin Foundation, the industry's oldest trade organisation.

Posted on 13 April 2015 | 2:08 pm

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

Wikimedia Foundation Now Accepts Bitcoin

Posted on 30 July 2014 | 3:14 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 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

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

April 19, 2015 -
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