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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

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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

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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Needham: 'Brexit' Boosts Bitcoin Price, But Too Early to Call it a Safe Haven - CoinDesk


Needham: 'Brexit' Boosts Bitcoin Price, But Too Early to Call it a Safe Haven
CoinDesk
Despite the increase in the price of bitcoin amid the UK's recent EU referendum, a new research note from Needham & Company asserts it might be too early to call the digital currency a “safe haven” asset. Global bitcoin prices have risen nearly 6% over ...

Posted on 24 June 2016 | 2:52 pm

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
Bitcoin jumps to $650 as UK decides to quit EUITProPortal

all 4 news articles »

Posted on 24 June 2016 | 2:50 pm

Updated: Segregated Witness Merged Into Bitcoin Core Release - Bitcoin Magazine


Bitcoin Magazine

Updated: Segregated Witness Merged Into Bitcoin Core Release
Bitcoin Magazine
During a Bitcoin Core development meeting on Thursday, it was decided that the code for Segregated Witness (SegWit) is ready to be merged into the master branch. According to Bitcoin Core contributor Eric Lombrozo, the merge is expected to take place ...
Summer of SegWit: Bitcoin Core Begins Segregated Witness Soft ForkCoinTelegraph
Segwit Appoaches But It May Not Satisfy The DebateLive Bitcoin News

all 3 news articles »

Posted on 24 June 2016 | 11:05 am

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Bitcoin Price And Brexit - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price And Brexit
CryptoCoinsNews
The bitcoin price chart advanced $140 since yesterday's low. In the meantime markets rudely awoke to find Brexit had come true. Chaos ensued, but the bitcoin market keeps ticking like clockwork. This analysis is provided by xbt.social with a 3-hour delay.

Posted on 24 June 2016 | 10:14 am

As Global Currencies Plunge Over Brexit, Investors Turn to Bitcoin - Fortune


Fortune

As Global Currencies Plunge Over Brexit, Investors Turn to Bitcoin
Fortune
Bitcoin, the cryptocurrency that had been plunging in recent days, is soaring on Friday after the Brexit vote. As of this writing, Bitcoin is trading at $667.41 per unit, up significantly from a Thursday low of $582.92. At its height, Bitcoin was ...
Bitcoin Buyers Seek Haven From British Pound After Brexit VoteBloomberg
Bitcoin value surges as British pound tanks on BrexitThe Verge
Bitcoin Rollercoaster Rides Brexit As Ether Price Holds Amid DAO DebacleCoinDesk
Yahoo Finance -Quartz -TechCrunch
all 75 news articles »

Posted on 24 June 2016 | 10:01 am

Brexit Was Bitcoin's Turn to Shine - Wall Street Journal (blog)


Wall Street Journal (blog)

Brexit Was Bitcoin's Turn to Shine
Wall Street Journal (blog)
Gold is so last millennium. When traders were under the false impression that Britain's “remain” campaign had the upper hand, it was Bitcoin, not the barbarous relic, that really took it on the chin. The popular State Street SPDR exchange traded fund ...

Posted on 24 June 2016 | 9:24 am

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 Exchange Coinbase Adds Paypal Support - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Exchange Coinbase Adds Paypal Support
CryptoCoinsNews
Bitcoin wallet and exchange Coinbase has revealed new funding methods – PayPal and credit cards, to further enable digital currency transactions and swaps in its exchange. The support for the two new funding mechanisms is currently in beta. In a move ...
Bitcoin Weekly Recap 6-24-2016DCEBrief (press release)

all 2 news articles »

Posted on 24 June 2016 | 7:53 am

Quoine raises $16 million for bitcoin exchange of exchanges - VentureBeat


VentureBeat

Quoine raises $16 million for bitcoin exchange of exchanges
VentureBeat
Singapore-based Quoine, the startup offering a bitcoin exchange and other cryptocurrency-related services, announced today that it has secured a total of $16 million in a series B round.Following a series A round when the company raised $2 million from ...
Bitcoin exchange Quoine raises $20 mln in latest fundingEconoTimes

all 2 news articles »

Posted on 24 June 2016 | 1:25 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

Needham: 'Brexit' Boosts Bitcoin Price, But Too Early to Call it a Safe Haven

A new research note from Needham & Company asserts it might be too early to call bitcoin a “safe haven” asset.

Posted on 24 June 2016 | 2:18 pm

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

BNP Paribas Lab to Focus on Distributed Ledgers

BNP Paribas Securities Services has announced a new innovation lab that will focus on big data and distributed ledger tech.

Posted on 24 June 2016 | 8:50 am

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

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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

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

Poland to Explore Blockchain Tech in Government Digitization Effort

Poland's Ministry of Digital Affairs is taking steps that may find it promoting digital currencies and blockchain technology.

Posted on 23 June 2016 | 8:05 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

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

Blockchain Startup Circle Raises $60 Million Amid China Expansion

Blockchain-based social payments app Circle has raised $60m in new funding as it expands to China.

Posted on 22 June 2016 | 5:23 pm

Ether Prices Fluctuate Wildly Amid Ethereum Fork Concerns

The price of ether, the native digital asset powering the ethereum network, has fluctuated wildly over the last few days as its developers struggled to determine how to resolve the loss of investor funds at one of the platform’s signature projects. At issue is the loss of roughly 3.6m ETH taken from a distributed autonomous […]

Posted on 22 June 2016 | 5:20 pm

Cornell Professor Calls for 'DAO 2.0' Movement

Emin Gün Sirer already helped identify the bug that led to an expensive exploit of The DAO. Now he's helping ensure future DAOs are safe.

Posted on 22 June 2016 | 1:46 pm

ASX Buys Bigger Stake in Blockchain Startup DAH

The Australian Stock Exchange is boosting its stake in New York blockchain startup Digital Asset Holdings.

Posted on 22 June 2016 | 11:24 am

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BTCC's Bobby Lee: Chinese Capital Controls Not a Factor in Recent Bitcoin Price Rise

As the price of Bitcoin continues its wild ride, expert observers weigh in on the reasons: China, halving, Japan, Brexit ‒ all seen as...

The post BTCC's Bobby Lee: Chinese Capital Controls Not a Factor in Recent Bitcoin Price Rise appeared first on Bitcoin Magazine.

Posted on

Sweden Conducts Trials of a Blockchain Smart Contracts Technology for Land Registry 

The Swedish National Land Survey (Lantmäteriet) recently announced that it is conducting trials of a system that uses blockchain technology...

The post Sweden Conducts Trials of a Blockchain Smart Contracts Technology for Land Registry  appeared first on Bitcoin Magazine.

Posted on

A Legal Analysis of the DAO Exploit and Possible Investor Rights

Important Disclaimer: NOTHING HEREIN IS INTENDED TO BE UNDERSTOOD AS LEGAL ADVICE. CONSULT A LAWYER QUALIFIED TO PROVIDE LEGAL ADVICE IN...

The post A Legal Analysis of the DAO Exploit and Possible Investor Rights appeared first on Bitcoin Magazine.

Posted on

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

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 25, 2016 -
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