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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

Bitcoin Belongs to the People, Not the 1% Super Rich - Huffington Post


Bitcoin Belongs to the People, Not the 1% Super Rich
Huffington Post
Bitcoin is without a doubt the best economic invention of my lifetime. Created six years ago by a person (or persons) identified as Satoshi Nakamoto, Bitcoin is a game changer for two important reasons. The first is its practical use. Using Bitcoin, it ...

and more »

Posted on 30 January 2015 | 3:46 pm

Bitcoin: Perhaps the Most Promising Investment Opportunity of Our Age - Bitcoin Magazine


Bitcoin: Perhaps the Most Promising Investment Opportunity of Our Age
Bitcoin Magazine
A technology is called “disruptive” if it creates a new market that first disturbs and then displaces an earlier technology. Bitcoin is potentially such a technology and much more. The fact that it can disrupt the largest and most interconnected ...

Posted on 30 January 2015 | 3:45 pm

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Bitcoin: Perhaps the Most Promising Investment Opportunity of Our Age

A technology is called “disruptive” if it creates a new market that first disturbs and then displaces an earlier technology. Bitcoin is potentially such a technology and much more. The fact that it can disrupt the largest and most interconnected marketplace in the world—money, banking, and finance—makes it perhaps the most promising investment opportunity of our age. Unlike our current increasingly unstable and unpredictable financial system, Bitcoin has 21st century technologies at its very core. The digital currency and clearing network is open source, mobile, peer-to-peer, cryptographically protected, privacy oriented and native to the Internet. The fusion of these technologies allows for a level of security and efficiency unprecedented in the world of finance. These are some of the areas […]

The post Bitcoin: Perhaps the Most Promising Investment Opportunity of Our Age appeared first on Bitcoin Magazine.

Posted on 30 January 2015 | 3:45 pm

Ribbit Capital's Micky Malka Talks Bitcoin's Slow Road to Mainstream

CoinDesk speaks to Bitcoin Foundation board member and VC Micky Malka to learn his predictions for the year ahead.

Posted on 30 January 2015 | 2:21 pm

Why the Drapers Think There Will Be a Bitcoin Revival - Bloomberg


Bloomberg

Why the Drapers Think There Will Be a Bitcoin Revival
Bloomberg
Jan. 30 -- Adam Draper, CEO and co-founder of Boost VC, explains why Bitcoin is a good investment to Bloomberg's Cory Johnson on "Bloomberg West." Related. Bitcoin Price Is a Distraction: WSJ Columnist Casey. Most Recent Videos. Why the Drapers ...

Posted on 30 January 2015 | 12:26 pm

Bank Suspends Polish Bitcoin Exchange's Accounts

Polish bitcoin exchange BitMarket.pl had its bank accounts suspended earlier this week due to a legal issue.

Posted on 30 January 2015 | 12:25 pm

DigitalBTC Dissolves Bitcoin Mining Agreement with CloudHashing - CoinDesk


ForexMinute.com

DigitalBTC Dissolves Bitcoin Mining Agreement with CloudHashing
CoinDesk
Under the agreement, which was finalised in March, CloudHashing was to run digitalBTC hardware in data centres in Iceland and Texas to mine bitcoins. Today, however, digitalBTC announced that it was pulling out of the deal, filing an announcement with ...
DigitalBTC Dissolves Supply Agreement with CloudHashingForexMinute.com

all 2 news articles »

Posted on 30 January 2015 | 11:14 am

The Bootstrapper's Guide To Bitcoin Remittances - TechCrunch


TechCrunch

The Bootstrapper's Guide To Bitcoin Remittances
TechCrunch
Let's preface this rest of this discussion with the statement that it is simply not possible for a small bitcoin startup to singlehandedly overthrow Western Union, MoneyGram or even, Remitly, at this stage. It is however possible to provide a very ...

Posted on 30 January 2015 | 11:03 am

UK Exchange Launches with Backing From Regulated E-Money Firm

The team behind an FCA-regulated e-money issuer has launched a bitcoin and litecoin exchange aimed at the UK market.

Posted on 30 January 2015 | 9:57 am

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Princeton Announces Bitcoin Course! - newsBTC


Investor's Business Daily

Princeton Announces Bitcoin Course!
newsBTC
Starting in April 2015, Princeton will commence teaching of a course called “TC-Tech: Bitcoin and Cryptocurrency Technologies.” Strangely, the course is listed as not being an official Princeton course on the University's website – but from what we can ...
Bitcoin Remains Beleaguered As An Investment, But Has Big FansInvestor's Business Daily
Bitcoin still relatively unknown for nowResource Investor
Bitcoin Course Offered Free OnlineiProgrammer

all 6 news articles »

Posted on 30 January 2015 | 9:42 am

Bitcoin libertarians now desperately need the government's help - Quartz


Quartz

Bitcoin libertarians now desperately need the government's help
Quartz
The arrival of regulated US Bitcoin exchanges, as well as impending plans to create a BitLicense in New York, have sent the price of Bitcoin up 30% in the past two weeks. Even the Federal Reserve alluded to Bitcoin in its report on the payment industry ...
Bitcoin Tracker | Week 59PYMNTS.com
Bitcoin Exchange Launch Hits Snag Amid Challenges Already in PlayTech Times
National securities law firm investigates licensure of Coinbase's Bitcoin ExchangeAutomated Trader
newsBTC -Finextra (press release)
all 6 news articles »

Posted on 30 January 2015 | 7:33 am

The Bitcoin Price Battle - CryptoCoinsNews


The Bitcoin Price Battle
CryptoCoinsNews
Bitcoin Price is in search of a value floor as it gears up for the descent to $200. The chart technicals are clear about the drop but leave us wondering if it will be the final low for this market cycle. This analysis is provided by xbt.social with a 3 ...

and more »

Posted on 30 January 2015 | 6:57 am

DigitalBTC Dissolves Bitcoin Mining Agreement with CloudHashing

DigitalBTC has dissolved a bitcoin mining agreement with CloudHashing. In other news, CloudHashing has being buying back cloud mining contracts.

Posted on 30 January 2015 | 6:31 am

Reddit Lets Go Cryptocurrency Engineer

Developer Ryan X Charles has been let go from his post as cryptocurrency engineer at Reddit.

Posted on 30 January 2015 | 4:49 am

USAA: Our Members Are 'Actively Engaged' in Bitcoin

USAA's Vic Pascucci speaks to CoinDesk about the financial services company's recent investment in bitcoin services company Coinbase.

Posted on 29 January 2015 | 4:10 pm

BitGo Launches Platform API Opening Its Bitcoin Security Infrastructure to the Masses

Earlier today, Palo Alto­ based Bitcoin security service provider BitGo announced the general availability of the BitGo Platform API, which will allow developers to fully leverage, for the first time ever, the enterprise ­grade security features of BitGo’s multi­sig HD wallet in their own applications The launch of this particular service stands to be a turning point in the Bitcoin industry. That’s because all companies, whether general merchants or Bitcoin service providers, are now capable of integrating the Bitcoin protocol into their core product without being forced to give up control of their bitcoins to a third party, or without facing the multiple and complex Bitcoin security challenges that have brought otherwise strong companies to their knees. A bit of […]

The post BitGo Launches Platform API Opening Its Bitcoin Security Infrastructure to the Masses appeared first on Bitcoin Magazine.

Posted on 29 January 2015 | 2:09 pm

Bitcoin Processor GoCoin Adds Fiat Payout Options

GoCoin has added three new fiat currencies as payout options for merchants – euros, pounds sterling and Singapore dollars.

Posted on 29 January 2015 | 1:22 pm

FTC Complaints Detail Troubled Past of Bankrupt Bitcoin Miner CoinTerra

The FTC has only received 39 customer complaints against CoinTerra to date, far less than other troubled bitcoin mining companies.

Posted on 29 January 2015 | 12:38 pm

CoinDesk's Regulation Sentiment Survey

CoinDesk wants to hear directly from our readers about where they stand on the topic of bitcoin regulation.

Posted on 29 January 2015 | 11:44 am

The Next Step for BTC Media… An Exclusive Partnership with decentral.tv!

We’ve only just begun our journey towards building the most extensive and credible portal to all things crypto-currency, but I have some exciting news to share about our next step in building out that vision: the signing of an exclusive partnership with decentral.tv, the world’s leading digital currency video channel and dashboard! As you’ll see as soon as you explore the link, decentral.tv is a clean dashboard and video channel designed to keep viewers up to date on the latest developments in cryptocurrency. The service is jam-packed with useful information such as live prices, headline news, charts, and more. But most important is decentral.tv’s demonstrated ability to deliver some of the best original video content covering all things crypto on the web. Highlighted by Decentral Talk Live […]

The post The Next Step for BTC Media… An Exclusive Partnership with decentral.tv! appeared first on Bitcoin Magazine.

Posted on 29 January 2015 | 11:24 am

Why Apple Pay And Dollars Are Killing Bitcoin - Forbes


Why Apple Pay And Dollars Are Killing Bitcoin
Forbes
Receiving far less press attention is the ongoing collapse of Bitcoin prices. While this is not unexpected given the house of cards Bitcoin was built on, no one should forget that only a short time ago Bitcoin had reached manic levels. Investors ...

Posted on 29 January 2015 | 10:26 am

Decentral.tv partners with BTC Media to become exclusive video content provider

For Immediate Release January 29, 2015 Toronto – Decentral.tv is excited to announce that it has entered into a partnership to become the exclusive video content provider for BTC Media LLC, the world’s largest Bitcoin media group. BTC Media LLC is the parent company of financial technology magazine yBitcoin and its website www.ybitcoin.com, as well as the recently acquired Bitcoin Magazine and www.bitcoinmagazine.com. “ yBitcoin has always stood out as a well-run publication,” said Anthony Di Iorio, founder and CEO of decentral.tv. “Now that Bitcoin Magazine is also in the capable hands of BTC Media and Calli and David Bailey, I’m excited to see where he’ll take this publication moving forward. This partnership between BTC Media and decentral.tv has great […]

The post Decentral.tv partners with BTC Media to become exclusive video content provider appeared first on Bitcoin Magazine.

Posted on 29 January 2015 | 9:49 am

Research: Over $11 Million Lost in Bitcoin Scams Since 2011

At least $11m has gone to fraudsters running bitcoin scams in the last four years, university researchers have found.

Posted on 29 January 2015 | 9:29 am

The Winklevoss Brothers on Gemini, the 'NASDAQ of Bitcoin'

In an interview with CoinDesk, investors and entrepreneurs Cameron and Tyler Winklevoss discuss their newly revealed bitcoin exchange project, Gemini.

Posted on 29 January 2015 | 7:12 am

Researcher Suggests ISIS is Fundraising with Bitcoin

New research from Singapore-based web intelligence firm S2T suggests Islamic State (ISIS) could be using bitcoin for fundraising. Israeli daily newspaper Haaretz has reported that S2T analyst Ido Wulkan managed to find concrete evidence linking an ISIS cell based in the US to fundraising activities. The cell apparently used the dark web and bitcoin to cover its tracks. […]

Posted on 29 January 2015 | 5:40 am

LocalBitcoins User Funds Stolen After Chat Client Hack

P2P marketplace LocalBitcoins has experienced a hack on its chat client, resulting in the distribution of malware and loss of customer funds.

Posted on 29 January 2015 | 2:24 am

BitFury Exploring Options in Bitcoin Cloud Mining Market

BitFury elaborates on its plans to begin offering the cloud mining solution it hinted at during the North American Bitcoin Conference in Miami.

Posted on 28 January 2015 | 4:15 pm

Coinbase Exchange: An Unfinished Lunar Symphony

I awaken this morning feeling optimistic. I’d seen last night that a big announcement from Coinbase was coming, and the Wall Street Journal appeared to confirm that the announcement was to be a fully regulated U.S. exchange. The price shot up immediately and was still rising when I went to bed. Now, I look at the price widget on my phone and my optimism vanishes. If Bitcoin price is any measurement of enthusiasm, it’s clear before I get downstairs that Coinbase’s big revelation hasn’t quite lived up to expectations. I head to the new exchange site, log in with my Coinbase credentials and… I suspect this explains the lack of enthusiasm. I turn to Reddit, Twitter—all my usual sources—and hear […]

The post Coinbase Exchange: An Unfinished Lunar Symphony appeared first on Bitcoin Magazine.

Posted on 27 January 2015 | 11:47 am

LazyCoins to Preview The Killer Bitcoin App LazyPay at BitcoinExpo 2015 London

London, January 24, 2015 — LazyCoins demoed their killer Bitcoin app LazyPay at the BitcoinExpo 2015 in London last weekend. The company has spent months carefully and quietly planning to take the app public. Including running the payment and merchant services app through testing with a security firm. And holding Q&As in order to perfect their software and get everything right before debuting to the world. The free conference ran from January 24–25 at the Central Foundation Boys’ School on Cowper Street, London. LazyCoins Founder and CEO Danial Daychopan calls London, “a great place for bitcoin businesses and entrepreneurs.” Daychopan began his talk at the conference on the importance of security. He stressed this is the number one focus for […]

The post LazyCoins to Preview The Killer Bitcoin App LazyPay at BitcoinExpo 2015 London appeared first on Bitcoin Magazine.

Posted on 27 January 2015 | 7:32 am

Virtual Currencies Hit the World Stage: Bitcoin’s Ever-Evolving Legal Status

Congratulations, virtual currency world—New York wants to expressly regulate you! That’s how important Bitcoin and other digital currencies have become in recent years. And as we know, what happens in New York’s financial world often has implications for the wider world. All the recent attention New York has paid to virtual currency is raising many important legal questions, with potentially profound implications. This article will offer a brief survey of just some of them. A Cryptic History of Money Bitcoin is the latest and best known in a long line of digital currencies. The basic premise of digital currencies is that they try to establish a medium of exchange based on immutable mathematics, thus putting the currency beyond the control […]

The post Virtual Currencies Hit the World Stage: Bitcoin’s Ever-Evolving Legal Status appeared first on Bitcoin Magazine.

Posted on 26 January 2015 | 11:08 am

Is Bitcoin Truly Decentralized? Yes – and Here Is Why It’s Important

Jan 22. 2015 for BitcoinMagazine.com Those within the industry understand that one of Bitcoin’s most important features—and perhaps its true core innovation—is its decentralized structure. Bitcoin has no central control: no central repository of information, no central management, and, crucially, no central point of failure. And yet, most of the actual services and businesses built within the Bitcoin ecosystem are centralized. They are run by specific people, in specific locations, with specific computer systems, and they are susceptible to specific legal entanglements. This situation creates tension and certainly a little irony—we have a decentralized technology, yet most things existing upon it are centralized. To a casual observer, and even more to a cynical one, it may appear that the claim […]

The post Is Bitcoin Truly Decentralized? Yes – and Here Is Why It’s Important appeared first on Bitcoin Magazine.

Posted on 22 January 2015 | 9:52 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

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

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

January 30, 2015 -
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