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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

Coin Congress Day 1: Debate Over New York Regulation Rages On

The first day of Coin Congress consisted of opinions on the NYDFS framework and an interesting BTC trading presentation.

Posted on 23 July 2014 | 9:04 pm

Auction of Bitcoins.com Domain Name Halted By US Court

The US District Court of Seattle has ordered Tibanne KK to stop the auction after CoinLab protested domain name sale.

Posted on 23 July 2014 | 4:10 pm

How the Growing Bitcoin Market Will Cause a $3.4 Trillion Disruption - Money Morning


How the Growing Bitcoin Market Will Cause a $3.4 Trillion Disruption
Money Morning
A tsunami of disruption - courtesy of Bitcoin - is headed directly for several sectors of the financial services industry. Some of these companies may adapt to a world in which the digital currency plays a major role, but most are likely to become ...

and more »

Posted on 23 July 2014 | 4:02 pm

Perianne Boring: Regulators Will Decide Bitcoin's Fate Within 18 Months - CoinDesk


CryptoCoinsNews

Perianne Boring: Regulators Will Decide Bitcoin's Fate Within 18 Months
CoinDesk
The North American Bitcoin Conference (TNABC) kicked off this weekend with the surprise launch of the Chamber of Digital Commerce (CDC), a new lobbying group that aims to advocate for smart bitcoin regulation in Washington, DC through a three-part ...
Chamber of Digital Commerce Calls for BitLicense ExtensionCryptoCoinsNews
“We Plan to Build the Legitimacy and Credibility for Digital Currencies in ...CoinTelegraph

all 4 news articles »

Posted on 23 July 2014 | 2:09 pm

Perianne Boring: Regulators Will Decide Bitcoin’s Fate Within 18 Months

New Chamber of Digital Commerce president Perianne Boring shares how she aims to change bitcoin's perception in Washington.

Posted on 23 July 2014 | 2:00 pm

Barry Silbert Leads $250,000 Investment in Mexican Bitcoin Exchange Volabit

Barry Silbert's Bitcoin Opportunity Corp has invested $250,000 in Volabit, the startup formerly known as Coincove.

Posted on 23 July 2014 | 1:35 pm

World's First Airline to Accept Bitcoin Misses a Big Opportunity - CoinDesk


RT

World's First Airline to Accept Bitcoin Misses a Big Opportunity
CoinDesk
Having broken ground in becoming the first airline to accept bitcoin, it would make no sense to essentially deter people from using it, otherwise it is no more than a publicity stunt, which to be fair to them has done them pretty well so far already ...
Sky not the limit: AirBaltic first airline to accept bitcoinRT
airBaltic becomes world's first airline to accept BitcoinCoinReport
AirBaltic is first airline to accept BitcoinMRO Network
Airline fleet Management -Shanghai Daily (subscription)
all 10 news articles »

Posted on 23 July 2014 | 12:38 pm

World’s First Airline to Accept Bitcoin Misses a Big Opportunity

AirBaltic may be the first airline to accept bitcoin, but its implementation doesn't take advantage of its full potential.

Posted on 23 July 2014 | 12:31 pm

ZipZap Expands Bitcoin Buying Service to 34 European Countries

Transaction network ZipZap has announced that consumers across 34 countries will soon be able to use its cash-to-bitcoin services.

Posted on 23 July 2014 | 10:44 am

Innovators Speak Out Against Proposed Bitcoin Regulations - Boston.com


Small Business News from Gaebler.com

Innovators Speak Out Against Proposed Bitcoin Regulations
Boston.com
As New York takes its first stab at regulating the shady online currency Bitcoin, Massachusetts innovators say that such regulations could permanently stifle innovation and even push it overseas. Bitcoin purchases are currently anonymous. Proponents ...
New York Unveils Bitcoin License RulesMondaq News Alerts (registration)
New York First State To Create Bitcoin RegulationsSmall Business News from Gaebler.com

all 4 news articles »

Posted on 23 July 2014 | 10:27 am

Bitcoin Sign-Ups for Intuit QuickBooks 'Higher than Expected' - CoinDesk


Bitcoin Sign-Ups for Intuit QuickBooks 'Higher than Expected'
CoinDesk
While bitcoin's headlines are often dominated by large merchants like Dell, DISH and Overstock, broader business adoption of the technology as a payments solution may be more arguably influenced by the various platform providers serving the space.

and more »

Posted on 23 July 2014 | 9:52 am

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Bitcoin Sign-Ups for Intuit QuickBooks ‘Higher than Expected’

CoinDesk speaks to the developers behind the first of what could be many Intuit products integrated with bitcoin.

Posted on 23 July 2014 | 9:40 am

6 New Hedge Funds Seeking Bitcoin Returns - CoinDesk


Tech News

6 New Hedge Funds Seeking Bitcoin Returns
CoinDesk
It's been a bumper year for bitcoin hedge funds. While the entry of big money from Wall Street into the bitcoin markets is discussed with equal measures of glee and rage in the community, some big-money financiers are already making moves in the ...
Coin Capital Management Launches New Bitcoin Hedge FundTech News

all 7 news articles »

Posted on 23 July 2014 | 7:24 am

Mt. Gox trustee leaves door open to revival of Bitcoin exchange - PCWorld


The Australian Financial Review

Mt. Gox trustee leaves door open to revival of Bitcoin exchange
PCWorld
The trustee overseeing the carcass of Mt. Gox, once the world's largest trading platform for Bitcoin, told investors Wednesday that the company could be revived. Speaking to a meeting of people whose bitcoins evaporated in the fall of Mt. Gox, Nobuaki ...
Mt. Gox Trustee Will Consider Returning Bitcoin UnconvertedWall Street Journal
Ex-Goldman Trader's Bitcoin Exchange to Fill Mt. Gox VoidBusinessweek
Japan's BitFlyer Raises $1.6 Million for Bitcoin Exchange ExpansionCoinDesk
HITC -Investing.com
all 23 news articles »

Posted on 23 July 2014 | 6:09 am

Ethereum Launches Own ‘Ether’ Coin, With Millions Already Sold

The presale of Ethereum's own platform-specific altcoin kicked off last night, with sales already booming.

Posted on 23 July 2014 | 5:30 am

Mt. Gox Creditors’ Meeting Delivers Few Answers and One Apology

Mt. Gox's bankruptcy trustee and CEO Mark Karpeles faced creditors for the first time today, but many answers remain.

Posted on 23 July 2014 | 4:17 am

Why I

Some people ask me why I love Bitcoin so much, given that I (at the time of this writing) don’t have very much. I wear Bitcoin shirts, talk about it way too much, and have convinced dozens of businesses to adopt it–I even got a Bitcoin tattoo on my left shoulder, paid for in BTC. No wonder they ask. Usually, I just shrug it off (the question, not the tattoo), and say that I hate the government. That is fairly correct, but it’s not the real reason I’m so passionate about cryptocurrency. While Bitcoin certainly is able to fix some of our world’s biggest problems, and I’d like to think my motivations are as logical as that, the deeper reasons are more […]

The post Why I appeared first on Bitcoin Magazine.

Posted on 22 July 2014 | 4:59 pm

Sovereignty 2.0

We are living in a new world.  As Andreas Antonopoulos put so eloquently, “now that we have crypto-currencies, it’s not sovereignty that determines currency, it’s currency that creates sovereignty.” Bitcoin has helped declare independence for the Internet, and it appears it will continue to disrupt the status quo until that independence is recognized.  If we’ve learned anything from P2P technology, it’s that our rules bend around the tech, not the other way around. But if our rules bend around the tech, could we one day be living in a world where our borders do too? Take the concept of decentralized autonomous states, or society if you like. The idea is that a political faction could be distributed throughout a global […]

The post Sovereignty 2.0 appeared first on Bitcoin Magazine.

Posted on 22 July 2014 | 4:54 pm

Japan’s BitFlyer Raises $1.6 Million for Bitcoin Exchange Expansion

A former Goldman Sachs employee has raised $1.6m in funding to power a new Japan-based cryptocurrency exchange.

Posted on 22 July 2014 | 3:56 pm

Israeli Bitcoin Conference Postponed Due to Gaza Crisis

The battle between Israeli forces and Hamas has resulted in the closure of Ben-Guiron International Airport to incoming flights.

Posted on 22 July 2014 | 3:15 pm

German Newspaper "taz" accepts Bitcoin

Posted on 22 July 2014 | 1:32 pm

WinkDex Bitcoin Price Index Launches Developer API

The Winklevoss Index, launched by Cameron and Tyler Winklevoss, is now enabling third-party application development.

Posted on 22 July 2014 | 12:05 pm

OKCoin Wants to Rule the International Bitcoin Exchange Market

CoinDesk sits down with OKCoin's Changpeng Zhao at The North American Bitcoin Conference for an extensive interview.

Posted on 22 July 2014 | 11:13 am

airBaltic - World’s First Airline To Accept Bitcoin

Posted on 22 July 2014 | 11:03 am

Bitcoin to Earth: Don’t Look Now, but your Paradigm is Shifting

There is one thing stronger than all the armies in the world, and that is an idea whose time has come. - Victor Hugo.  French poet and writer. 1802 – 1885 Historians may look back on these current days with fascination.  We may be living through the beginning of one of the biggest paradigm shifts in modern human history. The way the world actually thinks about money and stored value might be changing in a tidal wave of recognition. This article will define what a paradigm is and what a paradigm shift looks like.  Perhaps we may understand how to prepare and perhaps benefit from the embryonic beginnings of what may one day be seen as a titanic shift. The […]

The post Bitcoin to Earth: Don’t Look Now, but your Paradigm is Shifting appeared first on Bitcoin Magazine.

Posted on 22 July 2014 | 9:52 am

NY Seeks Bitcoin Exchange Regulations - InformationWeek


Economic Times

NY Seeks Bitcoin Exchange Regulations
InformationWeek
Although the proposed regulations do not mention Bitcoin, the department refers to the proposal as "BitLicense." It is a response to the growing popularity of electronic money and its potential for misuse in burgeoning underground online economies.
Bitcoin supporters say New York regulations would stymie innovationAl Jazeera America
Bitcoins prepare a second coming in IndiaEconomic Times
New York To Bitcoin Startups: Get Permission Or Get OutTechCrunch
Business Insider -Resource Investor -CoinTelegraph
all 49 news articles »

Posted on 22 July 2014 | 9:26 am

Gliph iOS Messaging App Reinstates Bitcoin Functionality

The privacy-focused messaging app once again allows users to send and receive bitcoin in its newest iOS release

Posted on 22 July 2014 | 7:01 am

The Real Reason Banks Don’t Like Bitcoin

A banking professional lists the reasons banks are reluctant to deal with bitcoin, and it involves compliance and costs.

Posted on 22 July 2014 | 6:01 am

Hailo CEO: Bitcoin Could Benefit Our Customers and Taxi Drivers

Taxi app Hailo is “actively” looking into allowing its customers to pay with bitcoin, says CEO Jay Bregman.

Posted on 22 July 2014 | 4:48 am

Ripple Labs Unveils Proposal for New Smart Contract System

The company's proposed system could reinvigorate the movement to build smart contract mechanisms.

Posted on 21 July 2014 | 3:30 pm

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Dell: Bitcoin Aligns Our Brand With Innovation

CoinDesk interviews Dell's Paul Walsh to learn more about its bitcoin payments play.

Posted on 21 July 2014 | 2:10 pm

Our Uncoinventional Journey to Bitcoin Boulevard US

Last month our family spent nearly a month living on the road while spending only Bitcoin. During the course of our travel we were invited via Twitter to make a change to our route so we could experience the cutting edge Bitcoin Boulevard, founded by Nikhil Chand and his amazing wife, Rebecca. The pair has helped dozens of restaurants and shops set up to accept Bitcoin through BitPay. We immediately changed our route to include an overnight stop in Cleveland Heights, Ohio so we could test out the local Bitcoin scene and get to know their community. When we pulled up to their vintage 1920s house, Nikhil and Rebecca were waiting for us in their driveway. They helped us unload […]

The post Our Uncoinventional Journey to Bitcoin Boulevard US appeared first on Bitcoin Magazine.

Posted on 19 July 2014 | 3:59 pm

Constructive Reflections on Bitcoin in the Beltway

This past month was the Bitcoin in the Beltway Conference held in Washington, D.C. The event was planned by Jason King, who recently ran 3,214 miles on a tour called “Bitcoin Across America”. The Conference took place at the Marriott Renaissance in Downtown D.C. and proceeds went to King’s organization, Sean’s Outpost, a homeless outreach and advocacy group that operates on bitcoin donations. King defies the laws of physics with the amount of energy he pours into his advocacy. In addition to literally running across the country for Bitcoin and organizing this major event in D.C., he is also a regular speaker at BTC events across the country and a dedicated philanthropist. The event featured speakers such as Patrick Byrne, […]

The post Constructive Reflections on Bitcoin in the Beltway appeared first on Bitcoin Magazine.

Posted on 19 July 2014 | 3:06 pm

Cable TV Joins Digital Currency Network, DISH Network to Accept Bitcoin

Bitcoin, a digital currency once described by critics as unusable, unreliable and even a scam, has defied those remarks as it becomes accepted by a company maintaining over 14 million subscribers and employing 34,000 workers. DISH executive vice president and chief operating officer, Bernie Han, said beginning in July the satellite TV company will accept digital coins through the payment processor, Coinbase. Coinbase is a bitcoin consumer wallet and merchant payment processor that powers 1.3 million consumer wallets, and supports 31,000 merchants. The payment processor, Coinbase, will convert bitcoins to cash using their “Instant Exchange” feature, in order to prevent DISH from being affected by value fluctuations. Coinbase was chosen as the payment processor due to their significantly lower operational […]

The post Cable TV Joins Digital Currency Network, DISH Network to Accept Bitcoin appeared first on Bitcoin Magazine.

Posted on 18 July 2014 | 9:03 am

Bitcoin Megaphone and Anonymous Affiliates

A little while back I reported on a fascinating project I had been following. I have continued to follow this project with interest. As the world’s first Bitcoin-powered pay-per-character publishing platform, Bitcoin Megaphone peaked my interest. Truly innovative and original ideas in the space can be difficult to come by, even with so much happening. Bitcoin Megaphone, the cutting-edge micro-publishing platform, has just unveiled its affiliate program. The program works by instantly paying affiliates 30% of the profits generated by referrals. Since Bitcoin Megaphone uses Coinbase as its merchant platform, the affiliate transactions happen off-blockchain and without fees. What is most fascinating, and only really possible because of Bitcoin itself, is that all that’s required to sign up for the […]

The post Bitcoin Megaphone and Anonymous Affiliates appeared first on Bitcoin Magazine.

Posted on 17 July 2014 | 10:24 am

Bitcoin Magazine and College Cryptocurrency Network Team Up for Special Back-to-School Issue

JULY 16, 2014 – Bitcoin Magazine and the College Cryptocurrency Network (CCN) are pleased to announce the first ever, “Back-to-School with Bitcoin” issue this coming September! Guest-edited by CCN Executive Director, Jeremy Gardner, this issue of the magazine will be dedicated to covering youth in bitcoin, perhaps the most important demographic in bringing blockchain technology to the mainstream. To ensure that this issue of Bitcoin Magazine is chock-full of the brightest young minds in cryptocurrencies, the magazine will be rewarding the top-five student submissions with Bitcoin prizes, which will be made possible by generous donations from our sponsors, in addition to being published in both the print and online edition! Furthermore, there will be a graphic design competition for students who, […]

The post Bitcoin Magazine and College Cryptocurrency Network Team Up for Special Back-to-School Issue appeared first on Bitcoin Magazine.

Posted on 16 July 2014 | 3:00 pm

BitPay Releases Copay Beta – A New Multi-signature Wallet

The Atlanta-based company, BitPay, has been hard at work developing solutions for businesses and individuals in the bitcoin space, and from this, recently released a beta of their new multi-signature wallet, Copay. The wallet is completely open-source and aims to provide a multi-signature transaction that occurs on the blockchain and allows complete control of user funds. Released early last week, Copay can change the way bitcoin users think about transaction processes. Multi-signature technology eliminates having to rely on a third-party to store your bitcoins. Instead, what this technology brings to the table is an easy way to safely maintain possession of your funds, with a wallet that has a wide-range of use cases and will likely become the norm for […]

The post BitPay Releases Copay Beta – A New Multi-signature Wallet appeared first on Bitcoin Magazine.

Posted on 16 July 2014 | 12:36 pm

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

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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

Added Bitcoin Central to bitcoincharts.com

Posted on 26 February 2014 | 3:21 pm

Problem with transactions

Posted on 10 February 2014 | 6:07 am

Washington Dispensary Now Takes Bitcoin for Cannabis

Posted on 7 February 2014 | 5:39 am

Blockchain banned from App Store

Posted on 7 February 2014 | 5:35 am

Coinbase Now Requires Two Factor Authentication For Certain Actions

Coinbase now requires two-factor authentication (also known as 2FA) for certain transactions and changes to an account. The one primarily dealt with in their blog post, seen here, is sending

The post Coinbase Now Requires Two Factor Authentication For Certain Actions appeared first on Bitcoin Blogger.

Posted on 15 January 2014 | 1:58 am

Incentives, Make-Believe Money, and Pretend-to-be-a-day-trader Day

I worry sometimes, folks. Usually about things other than Bitcoin, because it needs time to mature and make its own mistakes. But still, sometimes I worry about it. My biggest

The post Incentives, Make-Believe Money, and Pretend-to-be-a-day-trader Day appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 7:04 pm

Someone Attempted to Trademark Bitcoin Again

Marvin Dennis of East London attempted to file a trademark claim over Bitcoin on Nov. 5th, full application seen here. This application is rather… odd though. The filing itself is,

The post Someone Attempted to Trademark Bitcoin Again appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 6:20 pm

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Major Chinese BTC Exchange OKCoin Facing Allegations

OKCoin, touted as the second biggest Chinese exchange, second only to BTC China in volume, is being accused of trading with fake data. Following the ruling that Chinese banks and

The post Major Chinese BTC Exchange OKCoin Facing Allegations appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 2:23 am

Alleged Silk Road Administrators Arrested in Virigina, Australia, and Ireland

TechCrunch reported on rumors of arrests of some Silk Road administrators earlier this week, and those rumors have been confirmed. According to an official announcement  from the Southern District of

The post Alleged Silk Road Administrators Arrested in Virigina, Australia, and Ireland appeared first on Bitcoin Blogger.

Posted on 21 December 2013 | 10:34 pm

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