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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

Gallery: CoinDesk Launches 'Expert Briefing' Series

CoinDesk launched its Expert Briefings with a new State of Bitcoin and a panel with Circle and Elliptic. General Bytes showcased its latest ATM.

Posted on 3 March 2015 | 11:01 am

Will Google's Android Pay Support Bitcoin? - Bitcoin Magazine


Will Google's Android Pay Support Bitcoin?
Bitcoin Magazine
Google has announced an upcoming mobile payments framework called Android Pay, Forbes reports. Android Pay will not be a separate payment app, but a platform that enables developers to integrate mobile payments into their apps using an API layer.

and more »

Posted on 3 March 2015 | 10:13 am

Why Bitcoin is changing how banks do business - The Next Web


The Next Web

Why Bitcoin is changing how banks do business
The Next Web
Last weekend JPMorgan Chase & Co., the largest bank in the United States, published a job opportunity for an associate at its New York branch. One of the requirements was an, “opinion on bitcoin and other cryptocurrencies.” The bank has since deleted ...
The car of the future may ownerless as well as driverlessMarketWatch

all 2 news articles »

Posted on 3 March 2015 | 10:12 am

Europol: Cryptocurrency Serves 'Crime-as-a-Service' Business Model

Cryptocurrencies offer a money-laundering platform for freelance criminals, a new Europol report says.

Posted on 3 March 2015 | 8:46 am

Will Google’s Android Pay Support Bitcoin?

Commentary by Giulio Prisco. Google has announced an upcoming mobile payments framework called Android Pay, Forbes reports. Android Pay will not be a separate payment app, but a platform that enables developers to integrate mobile payments into their apps using an API layer. Google’s senior vice president of Android, Chrome and Google Apps Sundar Pichai announced the upcoming payment platform at the Mobile World Congress in Barcelona. “We are doing it in a way so that anybody else can build a payments service on top of Android,” he said at a press event. “In places like China and Africa, we hope that people will use Android Pay to build innovative services.” Android Pay will be an Android service that developers […]

The post Will Google’s Android Pay Support Bitcoin? appeared first on Bitcoin Magazine.

Posted on 3 March 2015 | 5:09 am

ANU Economics Professor Believes Bitcoin Technology to Replace Cash in Ten ... - newsBTC


Government News

ANU Economics Professor Believes Bitcoin Technology to Replace Cash in Ten ...
newsBTC
The constantly growing Bitcoin technology could replace cash in Australia within a decade, believes Professor Rabee Tourky, the Director of Research School of Economics at Australian National University. Bitcoin technology replace cash in ten years ANU ...
Australia will stop printing cash to mint local Bitcoin: ANU boffinGovernment News
Cold, hard cash to become thing of the pastThe New Daily
Cash notes gone in a decade, says academicSydney Morning Herald
Phys.Org
all 6 news articles »

Posted on 3 March 2015 | 4:38 am

Coinplug Enables Bitcoin Buying at Over 7000 Regular ATMs - CoinDesk


International Business Times UK

Coinplug Enables Bitcoin Buying at Over 7000 Regular ATMs
CoinDesk
South Korean bitcoin services company Coinplug has enabled bitcoin purchases with credit cards through over 7,000 regular cashpoint ATMs across the country. As well as being the first to sell bitcoins through ATMs not specifically designed for that ...
Cryptocurrency round-up: Bitcoin price continues to surge towards 'fair price'International Business Times UK

all 2 news articles »

Posted on 3 March 2015 | 3:32 am

Coinplug Enables Bitcoin Buying at Over 7,000 Regular ATMs

South Korea's Coinplug has enabled bitcoin purchases with credit cards through a network of over 7,000 traditional ATMs across the country.

Posted on 3 March 2015 | 3:30 am

The Wall Street Journal Asks, “Does Bitcoin Have a Future?” - newsBTC


CryptoCoinsNews

The Wall Street Journal Asks, “Does Bitcoin Have a Future?”
newsBTC
What's particularly interesting about the article is that it presents both sides. It presents evidence to suggest that bitcoin does indeed have a future in the financial spectrum, and it presents evidence to suggest that it will dissipate within a ...
Bitcoin Price Rises 10% after Front Page of Wall Street JournalCryptoCoinsNews
The complexity and confusion of BitcoinComputer Dealer News
Is Bitcoin Hurt by the Strength of the USD?Forex Magnates
Bitcoinist.net
all 5 news articles »

Posted on 2 March 2015 | 4:03 pm

European Central Bank: Digital Currencies 'Inherently Unstable'

The European Central Bank has released a new report on digital currencies, calling them an "inherently unstable" yet innovative technology.

Posted on 2 March 2015 | 3:50 pm

Alien Invasion iOS Game Lets Users Earn Bitcoin for App Referrals

A new iOS app allows users to help save mankind from a “reptilian alien invasion” and earn bitcoins in the process.

Posted on 2 March 2015 | 2:15 pm

Bitcoin Startups Bring Rebittance Service to Argentina and Mexico - CoinDesk


CoinDesk

Bitcoin Startups Bring Rebittance Service to Argentina and Mexico
CoinDesk
Bitcoin startups Volabit and SatoshiTango have opened a money transfer service between their respective countries through a collaboration called Coinnect. Volabit framed the offering as a bitcoin-powered international money bridge for remittances and ...

Posted on 2 March 2015 | 12:35 pm

MGT Capital Investments, Tera Group to Create First Publicly Traded US Bitcoin Derivatives Exchange

MGT Capital Investments announced a planned merger with Tera Group, which operates the first regulated U.S. Bitcoin derivatives exchange. The merger will create the first publicly traded U.S. Bitcoin derivatives exchange. As observed by The Wall Street Journal, this is a reverse merger where Tera will take a controlling stake in MGT. Tera doesn’t seem too interested in MGT’s gaming operations, so the operation is primarily a way for Tera to go public. In other words, Tera is buying a public listing on the stock market for its Bitcoin operations. Tera has played a leading role in the development of Bitcoin derivatives. In September 2014, Tera launched TeraExchange, the first regulated U.S. Bitcoin derivatives exchange, and TeraBit, a spot Bitcoin […]

The post MGT Capital Investments, Tera Group to Create First Publicly Traded US Bitcoin Derivatives Exchange appeared first on Bitcoin Magazine.

Posted on 2 March 2015 | 12:23 pm

Is $518 the Fair Price of Bitcoin?

ALFAquotes has launched a Fair Bitcoin Price indicator to illuminate the value of bitcoin when factoring its cost of production.

Posted on 2 March 2015 | 11:25 am

Bitcoin Investment Trust Becomes the First Publicly Traded Bitcoin Fund

The Wall Street Journal reports that Barry Silbert’s Bitcoin Investment Trust (BIT) is about to become the first publicly traded Bitcoin fund. The BIT will be an interesting option for traditional investors looking for exposure to Bitcoin who prefer not to trade Bitcoin as currency. The BIT is sponsored by Grayscale Investments, a part of Silbert’s Digital Currency Group. Currently, the BIT, launched in 2013, is a private, open-ended trust that is invested exclusively in bitcoin and derives its value solely from the price of bitcoin. It enables accredited investors, with annual incomes greater than $200,000 or assets of more than $1 million, to gain exposure to the price movement of bitcoin for a minimum investment of $25,000 without the […]

The post Bitcoin Investment Trust Becomes the First Publicly Traded Bitcoin Fund appeared first on Bitcoin Magazine.

Posted on 2 March 2015 | 10:28 am

Bitcoin Giving Back: This Week on Decentral Talk Live

A common theme among bitcoiners is the desire to make the world a better place. This week, Decentral Talk Live focuses on a couple of organizations that are trying to do just that. Connie Gallippi is the Founder and Executive Director of the BitGive Foundation and a founding member of the Women’s Crypto Association. This week on DTL, Connie describes some of the many projects that the BitGive Foundation has been involved in, especially in Africa. They include Medic Mobile, Save the Children and the Water Project. She also discusses the role she played in getting ChangeTip to add the charitable donation option to their service. Connie then addresses the issue of inclusion and how the Women’s Crypto Association is […]

The post Bitcoin Giving Back: This Week on Decentral Talk Live appeared first on Bitcoin Magazine.

Posted on 2 March 2015 | 10:11 am

Olivier Janssens and Jim Harper Voted to Bitcoin Foundation Board

Olivier Janssens and Jim Harper have become the Bitcoin Foundation's newest board members following the recent election.

Posted on 2 March 2015 | 9:43 am

Markets Weekly: Bitcoin Price Rallies Amid Positive Newsflow

The bitcoin price spike over the last four days, which saw it gain 12% to hit a high of nearly $262, has been attributed to positive newsflow.

Posted on 2 March 2015 | 5:26 am

Bitcoin Investment Trust Gets FINRA Green Light to Trade

The Bitcoin Investment Trust is set to become the first publicly traded bitcoin fund, having received approval from US securities regulator FINRA.

Posted on 2 March 2015 | 3:59 am

Janssens and Harper Elected to Bitcoin Foundation Board after Lengthy, Chaotic Election Process

The process was “messy” but the results are in. The new board members for the Bitcoin Foundation are Olivier Janssens and Jim Harper with 63 percent and 60 percent approval respectively. Michael Perklin finished third with 52 percent approval followed by Bruce Fenton with 50 percent. Out of  595 confirmed voters, 440 votes were cast (74 percent). In order to be elected, candidates had to be approved by at least 50 percent of eligible voters. In the first round of voting, none of the 13 candidates met that 50 percent approval threshold, so a run-off election among the top 4 candidates was held. Olivier Janssens, a libertarian and voluntaryist, ran on a platform of decentralizing core development, bringing full transparency to the Foundation, and focusing on widespread adoption of […]

The post Janssens and Harper Elected to Bitcoin Foundation Board after Lengthy, Chaotic Election Process appeared first on Bitcoin Magazine.

Posted on 1 March 2015 | 11:28 am

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Augur Bets on Bright Future for Blockchain Prediction Markets

Can the blockchain be used to build the first unstoppable prediction market? The six-person team behind Augur are betting the answer is 'yes'.

Posted on 1 March 2015 | 6:30 am

BitFury Launches New 28nm Bitcoin Mining ASIC

Bitcoin mining giant BitFury has announced it has completed the manufacturing of its previously announced 28nm ASIC chip.

Posted on 27 February 2015 | 7:05 pm

Swarm Offers Up to $50,000 to Second Startup Class

Decentralised crowdfunding platform Swarm is offering startups up to $50,000 in funding thanks to a partnership with Focus Investments.

Posted on 27 February 2015 | 4:00 pm

Bitcoin Derivatives Platform TeraExchange to Go Public in Merger

MGT Capital has entered into an agreement with Tera Group that would find the regulated bitcoin derivatives platform operator going public.

Posted on 27 February 2015 | 3:15 pm

Russian Lawmaker: Bitcoin is a CIA Conspiracy

A lawmaker from the Liberal Democratic Party of Russia is speaking out against bitcoin on the grounds it is part of a US conspiracy.

Posted on 27 February 2015 | 12:35 pm

Bitcoin in the Headlines: Macroeconomics Debated

Having recovered from the bad news fatigue that riddled the headlines last week, the mainstream media seems to have engaged in the bitcoin debate.

Posted on 27 February 2015 | 11:40 am

Bitcoin-friendly Bills Unveiled in Utah, New Hampshire, New York City

Pay your taxes in bitcoin? Maybe, if you live in one of three states now considering bills in support of that option. In January, Utah Republican state representative Mark K. Roberts introduced a bill, H.C.R. 6, to create a Council on Payment Options for State Services that will study how Utah could accept Bitcoin as a valid form of payment. The bill includes the possibility for Utah residents to pay state taxes using Bitcoin. In February, eight New Hampshire state representatives introduced a bipartisan bill, NH HB552, to propose that New Hampshire should officially accept Bitcoin for taxes and fees. The bill calls for the development of a detailed implementation plan, followed by operational acceptance of Bitcoin by the state […]

The post Bitcoin-friendly Bills Unveiled in Utah, New Hampshire, New York City appeared first on Bitcoin Magazine.

Posted on 27 February 2015 | 9:47 am

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Bitcoin Takes the Stage at SXSW 2015 Interactive

Speakers from the top companies in the Bitcoin industry will present a full-day mini-conference of Bitcoin-related content during the SXSW 2015 Interactive Festival. The event will take place Monday, March 16, at SXSW’s Startup Village in the Austin Grand Ballroom of the Hilton Downtown in Austin, Texas. The event will feature five sessions focusing on topics about the Bitcoin industry, with information from basic to advanced. Good and bad myths will be addressed, and speakers will share their vision for a future with Bitcoin. The hour-long sessions for the day are titled “What is Bitcoin?,” “Bitcoin 2.0,” “A Future with Bitcoin,” “Impact on Developing World,” and “Real World Applications.” Speakers for the event include: Nic Cary,  co-founder at Blockchain Stephen […]

The post Bitcoin Takes the Stage at SXSW 2015 Interactive appeared first on Bitcoin Magazine.

Posted on 27 February 2015 | 9:30 am

Bitcoin Goes Hollywood: An Interview with Gem COO Ken Miller

A guest interview by Jeff Handler Silicon Valley has become a symbol of technological innovation and achievement in the digital age – a shining beacon of progress and “disruption.” It’s hard to find someone in the Bay Area who isn’t working on some app or technology that promises to change the world forever. As Bitcoin has grown from an obscure, niche technology embraced by a few small, highly technical circles into an actual (though still obscure) “industry,” it shouldn’t surprise anyone that San Francisco/Silicon Valley has become the de-facto go-to spot for American Bitcoin companies to set up shop. While the Bay Area is certainly a great spot for a Bitcoin start-up, I invite you to hop on the 101 […]

The post Bitcoin Goes Hollywood: An Interview with Gem COO Ken Miller appeared first on Bitcoin Magazine.

Posted on 27 February 2015 | 8:55 am

DigitalBTC Reports Net Loss On Falling Bitcoin Price

Australian bitcoin company Digital CC Ltd has published the results for its half-year period up to 31st December 2014, posting a net loss.

Posted on 27 February 2015 | 7:54 am

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-Qt v0.9.0rc3 released

Posted on 13 March 2014 | 3:21 am

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

March 3, 2015 -
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