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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

State agency says MIT student Bitcoin mining software secretly accessed ... - Asbury Park Press


Asbury Park Press

State agency says MIT student Bitcoin mining software secretly accessed ...
Asbury Park Press
Bitcoins are "mined" by solving complex equations, which requires a large amount of computing horsepower, according to the release. Mining Bitcoins limits a computer's available power, it can shorten the machine's life span and increase electricity costs.
Settlement reached with developer of Bitcoin-mining softwareMid Columbia Tri City Herald

all 11 news articles »

Posted on 26 May 2015 | 6:00 pm

New Jersey Settles Case Against Controversial Student Bitcoin Project

The New Jersey Division of Consumer Affairs has reached a settlement with the students behind controversial hackathon project Tidbit.

Posted on 26 May 2015 | 4:13 pm

Official 'Life on Bitcoin' Documentary Trailer Released

Nearly two years after initial filming began, the official trailer for the documentary "Life on Bitcoin" has been released.

Posted on 26 May 2015 | 3:02 pm

Bitcoin Center Opens in Brazil's Capital City

A new physical bitcoin center and brokerage has opened in Brasilia, the capital city of Brazil.

Posted on 26 May 2015 | 1:46 pm

Bitcoin Price Bounces From Support - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Bounces From Support
CryptoCoinsNews
Bitcoin price bounced from chart support near $235 / 1470 CNY. The 200-period moving average is a standard chart tool of most analysts, and the Bitcoin price often reacts to this indicator level – as it did today. This analysis is provided by xbt ...
Bitcoin Price Technical Analysis for 26/5/2015 – Disappointing Moves!newsBTC

all 5 news articles »

Posted on 26 May 2015 | 1:01 pm

BitSent Expands its Fleet of Bitcoin ATMs to British Columbia’s Simon Fraser University

One of Canada’s first companies to launch Bitcoin ATMs across the country is expanding its fleet of Lamassu-brand ATMs to Vancouver, British Columbia’s Simon Fraser campus bookstores in Vancouver, Surrey and Burnaby. BitSent now has Bitcoin ATMs in 11 locations across the country and is looking to expand internationally in 2015. While other Bitcoin companies are experimenting with newer technology such as QuadrigaCX’s SumoPro Bitcoin ATMs, BitSent has chosen to stick with the Lamassu model despite some hiccups in the operation and maintenance of the earlier models. Their Simon Fraser Bookstore locations will also be the first university bookstore to accept bitcoin as payment for books and other products carried in their stores. Mike Yeung, the founder of the Simon Frazer University […]

The post BitSent Expands its Fleet of Bitcoin ATMs to British Columbia’s Simon Fraser University appeared first on Bitcoin Magazine.

Posted on 26 May 2015 | 11:55 am

Nasdaq to Push Forward with Blockchain Applications

On May 11, the leading stock exchange Nasdaq announced that it would begin experimenting with the blockchain technology that powers Bitcoin. The Wall Street Journal reported that Nasdaq will start with a pilot project in Nasdaq Private Market, a recently launched marketplace that handles pre-IPO trading among private companies. “Utilizing the blockchain is a natural digital evolution for managing physical securities,” said Nasdaq CEO Bob Greifeld in the announcement. Speaking with The Financial Times, Greifeld noted that he wants Nasdaq to be “a leader in the field.” He added that the network could potentially revolutionize the time it takes to finalize deals on U.S. securities markets. “I am a big believer in the ability of blockchain technology to effect fundamental […]

The post Nasdaq to Push Forward with Blockchain Applications appeared first on Bitcoin Magazine.

Posted on 26 May 2015 | 11:44 am

Bitcoin Gains Traction amid Steady Growth in Indonesia - Bitcoin Magazine


Bitcoin Gains Traction amid Steady Growth in Indonesia
Bitcoin Magazine
Indonesia, one of the world's most beautiful archipelagoes and travel destinations, has had a consistent increase in bitcoin adoption at popular tourist spots including Bali, Jakarta and Denpasar, since the launch of BitIslands in March 2014. Initiated ...

Posted on 26 May 2015 | 11:35 am

Xapo Adds Visa Founder and Former Citibank CEO to Advisory Board

Universal Bitcoin services startup Xapo has announced that former executives from Visa and Citibank, alongside a former secretary of the treasury, has joined the company’s board of directors. In a Xapo statement, Visa founder Dee Hock, former Treasury Secretary and President Emeritus of Harvard University Lawrence H. Summers and former Citibank CEO and Chairman John Reed, said they joined the company because of the potential of Bitcoin’s technology and currency to advance financial services. Reed highlighted how Bitcoin could change financial services, noting they have “remained largely untouched by the digital revolution.” He added that Bitcoin is a large improvement over the “historical form of currency,” highlighting the digital currency’s scarcity and divisibility. Summers, who also serves on the board […]

The post Xapo Adds Visa Founder and Former Citibank CEO to Advisory Board appeared first on Bitcoin Magazine.

Posted on 26 May 2015 | 11:21 am

BitQuick Goes Passwordless

BitQuick is the latest Bitcoin company to integrate Clef’s passwordless two-factor authentication to make logins safe and easy for a big audience. Oakland, CA – May 26, 2015 — BitQuick, the fastest way to buy Bitcoin, announced an integration with Clef today to protect the accounts on their platform. Clef is becoming increasingly popular for Bitcoin companies who are interested in growing their audience, especially companies on the rise like BitQuick. BitQuick has rapidly grown their volume by circumventing some of the traditional requirements for buying Bitcoin and making the process take hours instead of days. In an industry where every millisecond is tracked to help increase sales, speed is a huge asset both for the company and for the entire […]

The post BitQuick Goes Passwordless appeared first on Bitcoin Magazine.

Posted on 26 May 2015 | 10:28 am

Bitcoin Alternative DNotes Launches World’s First Digital Currency Employee Incentive Benefits Plan

Bitcoin Press Release: DNotes is pleased to announce the launch of the world’s first Digital Currency Employee Incentive Benefits Plan – the latest in a family of unprecedented digital currency financial instruments from the DNotes team. Chicago, Illinois. [May 25, 2015] – DNotes announces the release of their Employee Incentive Benefits Plan, the latest addition to their family of CRISPs (Cryptocurrency Investment Savings Plans) that already provides an investment vehicle for Children, Students, and Retirement funds. The Employee Incentive Benefits Plan combines knowledge of the employer/employee relationship with macro-economic foresight to maximize its users’ long-term potential benefit. Employee benefits play an important role in the lives of employees as well as their families. Benefits offered by an employer can be […]

The post Bitcoin Alternative DNotes Launches World’s First Digital Currency Employee Incentive Benefits Plan appeared first on Bitcoin Magazine.

Posted on 26 May 2015 | 10:27 am

Nathaniel Popper's Digital Gold Sheds Light On The Rise Of Bitcoin - TechCrunch


TechCrunch

Nathaniel Popper's Digital Gold Sheds Light On The Rise Of Bitcoin
TechCrunch
The world of bitcoin is like the Lord Of The Rings without the Hobbits. You've got Sauron (Satoshi Nakamoto, who essentially wants freedom from law), Saruman (Ross Ulbricht, the technologist who wants to unleash the currency no matter the cost). They ...

Posted on 26 May 2015 | 10:25 am

Is Goldman Sachs Flirting with Bitcoin, or the Blockchain?

The New York Times technology and finance reporter Nathaniel Popper’s new book “Digital Gold: Bitcoin and the inside story of the misfits and millionaires trying to reinvent money” has been praised as one of the best Bitcoin books to date. Popper tells the story of Bitcoin from its geeky, libertarian early days to the beginnings of the current phase marked by significant venture capital investments and growing adoption by the financial community. Popper’s book contributes to the ongoing Bitcoin vs. blockchain debate. Once a bitcoin-like digital currency is adopted by banks and governments, will it still be recognizable as bitcoin, or rather become a sanitized blockchain controlled by central banks, with all the troublesome features of bitcoin removed? “A company like Goldman […]

The post Is Goldman Sachs Flirting with Bitcoin, or the Blockchain? appeared first on Bitcoin Magazine.

Posted on 26 May 2015 | 10:23 am

BitGold Inc. Acquires GoldMoney.com for CAD $52 Million

Gold payment startup BitGold acquired the operations and intellectual property of the leading consumer gold storage company GoldMoney.com. The acquisition of the company will be in exchange for 1,169,794 common shares in BitGold, a public company trading on the Toronto Stock Exchange. GoldMoney, since its founding in 2001, has amassed 20,000 customers, 135,000 user sign ups and manages more than $1 billion in assets. In a BitGold press release, the startup said the acquisition will lower its operating cost and give them a ready-made vault storage operation for the company’s in-beta gold payment system. BitGold is currently developing and testing a payment service that will use blockchain technology to facilitate digital gold payments. As part of the acquisition, GoldMoney founder […]

The post BitGold Inc. Acquires GoldMoney.com for CAD $52 Million appeared first on Bitcoin Magazine.

Posted on 26 May 2015 | 10:21 am

Coinzone to Launch Mobile Bitcoin Wallet Tailored for European Users

Amsterdam-based Bitcoin payment gateway Coinzone, which now positions itself as a full-stack Bitcoin solution with a focus on Europe, announced that it will launch its wallet – the core of its upcoming platform – in early summer. “Our goal is to assist Europe with all that Bitcoin has to offer the world of commerce,” says the Coinzone website. According to the company, the Coinzone Wallet will make Bitcoin simple for a growing community of European consumers. The fully-featured personal wallet will support country-specific local currencies for bank deposits and withdrawals, transfers and instant payments. “Growing European demand for Bitcoin means more and more consumers want a simple and secure way to transact,” says co-founder and CEO Manuel Heilmann. “We’ve developed […]

The post Coinzone to Launch Mobile Bitcoin Wallet Tailored for European Users appeared first on Bitcoin Magazine.

Posted on 26 May 2015 | 10:19 am

Xapo Adds Former Visa and Citibank Execs to Board of Advisors

Bitcoin services provider has appointed three finance bigwigs, including Dee Hock, founder of Visa, to its newly created board of advisors.

Posted on 26 May 2015 | 8:49 am

Risks & Rewards Of Investing In Bitcoin - Investopedia


Risks & Rewards Of Investing In Bitcoin
Investopedia
Bitcoin, it seems, is everywhere. It's in the news. It's on phones. It's even available at ATMs across the globe. Its fast rate of growth and adoption are attracting a lot of attention. And like any interesting, fast-growing business, it is attracting ...
Bitcoin Vouchers – Initiation to the Digital CurrencynewsBTC

all 2 news articles »

Posted on 26 May 2015 | 8:19 am

Payment Processor Payza's Bitcoin Transactions Rise 20% Per Month - CoinDesk


Payment Processor Payza's Bitcoin Transactions Rise 20% Per Month
CoinDesk
The number of bitcoin transactions processed by global online payment processor Payza has been rising by around 20% per month, the company has revealed. Payza, which serves 100,000 online merchants, also noted payments in the digital currency ...

Posted on 26 May 2015 | 4:41 am

Bitcoin Price Flat; Pending Break? - newsBTC


Bitcoin Price Flat; Pending Break?
newsBTC
Yesterday was Memorial Day in the US, and we had public holidays across Europe and the UK. However, a break in the traditional finance industry did very little to affect buyers and sellers of bitcoin, and we saw a considerable amount of volatility in ...
Cryptocurrency Trading News: Bitcoin Respecting New RangeForexMinute.com

all 4 news articles »

Posted on 26 May 2015 | 3:39 am

Canadian University Adds Bitcoin ATMs to Bookstore Locations

British Columbia's Simon Fraser University (SFU) announced today that its official campus bookstore would begin accepting bitcoin payments.

Posted on 25 May 2015 | 2:20 pm

Bitcoin Might Be The Next Big Thing In The Remittance Market - TechCrunch


TechCrunch

Bitcoin Might Be The Next Big Thing In The Remittance Market
TechCrunch
Bitcoin's most disrupting feature is its decentralized architecture. Indeed, bitcoin relies on a P2P network of computers to proceed money transfers. Each part of the network works to create new bitcoins ('mining'), keep the network alive and validate ...
Bitcoin is Killer App for $1 Trillion Remittance MarketBreitbart News
Bitcoin is Gaining Traction in AfricanewsBTC
Bitcoin in AfricaCEX.IO Official Blog (blog)
Bizcommunity.com -Disrupt Africa
all 8 news articles »

Posted on 25 May 2015 | 1:01 pm

Payment Processor Payza's Bitcoin Transactions Rise 20% Per Month

Global online payment processor Payza has said its bitcoin transactions have been rising steadily by about 20% per month.

Posted on 25 May 2015 | 6:30 am

Roger Ver and OKCoin at War Over Bitcoin.com Domain Name

Two of bitcoin's biggest names, Roger Ver and exchange OKCoin, are engaged in a dispute over the Bitcoin.com domain, amid accusations over contracts.

Posted on 25 May 2015 | 4:22 am

Book Review: Digital Gold is an Invaluable Page-Turner

A review of Nathaniel Popper's new book 'Digital Gold: Bitcoin and the inside story of the misfits and millionaires trying to reinvent money'.

Posted on 24 May 2015 | 8:23 am

Bitcoin in the Headlines: Nathaniel Popper Strikes Media Gold

This week, The New York Times, Wall Street Journal and Bloomberg all gave bitcoin the spotlight with lengthy reports and coverage.

Posted on 22 May 2015 | 5:06 pm

Advertise with Anonymous Ads

Bitcoin Regulation Remains on Agenda for California Agency

California's money transmitter regulator released conflicting statements today regarding how bitcoin regulation will move forward in the state.

Posted on 22 May 2015 | 2:13 pm

How the Crypto Community is Celebrating Bitcoin Pizza Day

CoinDesk has rounded up today's Bitcoin Pizza Day's celebrations from across the world.

Posted on 22 May 2015 | 11:09 am

Investment Funds Containing Bitcoin Added to IG

The first fund to offer bitcoin investment as part of a bespoke portfolio has launched on global derivatives trading platform IG.

Posted on 22 May 2015 | 10:40 am

Bitfinex Warns Customers to Halt Deposits After Suspected Hack

UPDATE (22nd May, 17:2opm GMT): A representative from Bitfinex has indicated it has generated a new hot wallet on a "failsafe machine". It expects deposits and withdrawals will be live "soon", after the wallet has successfully synced. Popular bitcoin exchange Bitfinex today urged customers to halt deposits while it investigates a suspected hack. In a statement released this morning, […]

Posted on 22 May 2015 | 7:08 am

Payment Processor Unveils Bitcoin Startup at Plug and Play Expo

European payment processor Netopia mobilPay revealed its new bitcoin startup as part of Plug and Play's Retail & FinTech Expo yesterday.

Posted on 22 May 2015 | 5:27 am

BitcoinTalk Server Compromised During Social Engineering Attack

Popular digital currency forum BitcoinTalk has been taken offline following a social engineering attack that resulted in a server compromise.

Posted on 22 May 2015 | 12:21 am

Consensus 2015: Digital Gold and Wences Casares in the Spotlight

Hernán Botbol of Argentina's Taringa! social network is joining the Consensus 2015 lineup, which includes Nathaniel Popper and Wences Casares.

Posted on 21 May 2015 | 1:50 pm

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

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

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

May 26, 2015 -
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