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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

'Untraceable' VoIP caller ID-spoofing website accepts Bitcoin - The Register


The Register

'Untraceable' VoIP caller ID-spoofing website accepts Bitcoin
The Register
A new VoIP service allows you to hide who you are by being web-based, having no registration checks, allowing you to spoof caller identity, and pay by Bitcoin. Bitphone calls itself the Bitcoin Payphone. As well as taking Bitcoin, the service accepts ...

Posted on 29 July 2015 | 8:05 pm

US Presidential Candidate Rick Perry Reveals Bitcoin Stance - CoinDesk


ForexMinute.com

US Presidential Candidate Rick Perry Reveals Bitcoin Stance
CoinDesk
US presidential candidate Rick Perry has stated he supports "regulatory breathing room" for digital currencies such as bitcoin. The comments came during a new interview with The New York Observer that found Perry elaborating on issues that could form ...
US Presidential Candidate Rick Perry Supports Regulatory Breathing Room for ...ForexMinute.com

all 4 news articles »

Posted on 29 July 2015 | 2:04 pm

US Presidential Candidate Rick Perry Reveals Bitcoin Stance

US presidential candidate Rick Perry has stated he supports "regulatory breathing room" for digital currencies such as bitcoin.

Posted on 29 July 2015 | 1:53 pm

Ripple Labs Taps US Treasury Official for Advisory Board

Blockchain startup Ripple Labs has added a former US Treasury Department official to its board of advisors.

Posted on 29 July 2015 | 12:19 pm

US Government Funds $3 Million Cryptocurrency Research Initiative

Three US universities are set to conduct research on cryptocurrencies using roughly $3m in grant funding from the National Science Foundation.

Posted on 29 July 2015 | 10:55 am

Bitcoin Price Entry; Stop and Return - newsBTC


newsBTC

Bitcoin Price Entry; Stop and Return
newsBTC
In this morning's bitcoin price watch piece, we published our thoughts on the action we saw overnight in the Asian session on Tuesday. We suggested that if we got a continuation of the bearish momentum that we saw during the session, it might give us ...

and more »

Posted on 29 July 2015 | 10:30 am

Purse.io Sees Record New Users and $24,000 in Purchases on Amazon Prime Day

It wasn’t just regular consumers who were able to benefit from the much-anticipated Amazon Prime Day. Purse.io, the escrow service that connects users with bitcoin to users with Amazon gift cards, saw a significant amount of growth leading up to the big day. “We had the highest number of new users in a single week,” Andrew Lee, CEO of Purse, said in an interview with Bitcoin Magazine. There were a total of 2,145 new users during the week. However, the people weren’t just signing up and then forgetting about the website. Instead, they were actively participating on the site, purchasing goods. What surprised the team, though, was that it wasn’t just prime purchases that people were making. “There was a […]

The post Purse.io Sees Record New Users and $24,000 in Purchases on Amazon Prime Day appeared first on Bitcoin Magazine.

Posted on 29 July 2015 | 10:12 am

Bitcoin’s Largest Publicly Traded Company Bridges Gaps to the Banking Industry

As Bitcoin usage grows worldwide and attracts the attention of more governments and regulators, the complexities of ensuring compliance across different jurisdictions become greater and greater. Many quickly growing Bitcoin startups struggle with this issue and lack the knowledge base to ensure that compliance is sufficient. Taking it a step further, even if local regulations in an area are relatively lax, operating a financial services business without a bank account can prove tremendously difficult. And due to the fact that Bitcoin businesses are considered high risk and banks operate very conservatively, obtaining a local banking partner can be very difficult. “If we look at what’s going on the U.K., the country is very laissez-faire with regulation, but the banks won’t […]

The post Bitcoin’s Largest Publicly Traded Company Bridges Gaps to the Banking Industry appeared first on Bitcoin Magazine.

Posted on 29 July 2015 | 10:08 am

Microsoft and MIT Explore Unique Applications of the Bitcoin Blockchain

Microsoft New York and MIT Media Lab presented a 70-minute report called #Blockchain4good this week. Speakers included Brian Forde, MIT Media Lab director of digital currency and former senior technology adviser at the White House, and John Paul Farmer, director of technology and civic innovation at Microsoft. They led discussions on using the blockchain for fraud-free voting, storage of identities, response to natural disasters and a public ledger of properties such as land. Other speakers, including Chelsea Barabas, Ann Sim, Ryan Shea and Peter Kirby, focused on introducing the blockchain’s capability to decrease the amount of money spent annually on identity theft and records. Civic Infrastructure Sim, from international design and consulting firm IDEO, introduced the idea of frictionless transfer, […]

The post Microsoft and MIT Explore Unique Applications of the Bitcoin Blockchain appeared first on Bitcoin Magazine.

Posted on 29 July 2015 | 9:19 am

Former Obama Tech Advisor Explains How Bitcoin Could Transform Government (In ... - Forbes


CoinTelegraph

Former Obama Tech Advisor Explains How Bitcoin Could Transform Government (In ...
Forbes
(Ferenstein Wire) – Bitcoin, the digital currency infamous for wild swings in value and black market transactions, could have profound implications for the future of public services. Tech optimists at the highest levels of government are exploring how ...
Microsoft Hosts bitcoinless Bitcoin 2.0 Event for 'Social Good' (Op-Ed)CoinTelegraph
Microsoft and MIT Explore Unique Applications of the Bitcoin BlockchainBitcoin Magazine
Microsoft, MIT, and the Bitcoin Block Chain For Social Good (VIDEO)CryptoCoinsNews
newsBTC
all 9 news articles »

Posted on 29 July 2015 | 5:00 am

Russian Watchdog Threatens News Site Over Bitcoin Article

Russia's media watchdog has told Zuckerberg Pozvonit, a local tech news site, it must delete or edit a bitcoin-related article.

Posted on 29 July 2015 | 4:56 am

Russian Watchdog Threatens News Site Over Bitcoin Article - CoinDesk


99 Bitcoins (blog)

Russian Watchdog Threatens News Site Over Bitcoin Article
CoinDesk
Russia's media watchdog has told Zuckerberg Pozvonit, a tech news site, that it must delete or edit a bitcoin-related article it published two years ago. According to Global Voices, Roskomnadzor – the Kremlin's executive body responsible for ...
A Bitcoin article from 2013 might be the downfall of this Russian site99 Bitcoins (blog)
Russian Website Threatened by Government CensorsnewsBTC

all 3 news articles »

Posted on 29 July 2015 | 4:56 am

American Banker Conference: Lines Drawn in Blockchain Debate

American Banker's Digital Currencies + the Blockchain featured speakers from across the blockchain and finance sectors.

Posted on 28 July 2015 | 4:00 pm

Lawsky: New Consulting Firm Can't Advise on BitLicense

Former New York State Department of Financial Services (NYDFS) superintendent Benjamin M Lawsky has said he won't advise on the BitLicense.

Posted on 28 July 2015 | 1:14 pm

Benjamin Lawsky: ‘I’m Doing No Work in the Digital Currency Space’

The former superintendent of the New York Department of Financial Services (NYDFS) and the creator of the much maligned BitLicense revealed today that he’s not working in the digital currency space. “I’m doing no work in the digital currency space,” said Benjamin Lawsky at the America Banker Conference in New York City. “The rules are clear,” Lawsky explained. “I can’t work in the Bitcoin space on anything related to my work at NYDFS or BitLicense.” When Lawsky announced in May that he was stepping down, he revealed that he would be launching his own legal consultancy. The New York Post had reported that Lawsky “plans to advise companies on financial matters such as cybersecurity and digital currencies like bitcoin, a new sphere […]

The post Benjamin Lawsky: ‘I’m Doing No Work in the Digital Currency Space’ appeared first on Bitcoin Magazine.

Posted on 28 July 2015 | 12:08 pm

Settling the Block Size Debate

This is a guest post by Eric Lombrozo, the Co-CEO and CTO of Ciphrex Corp., a software company pioneering decentralized consensus network technology. Lombrozo is also a founding member of the CryptoCurrency Security Standards Steering Committee and has been a longtime contributor to the open source Bitcoin core development effort. Introduction In the last few months, a contentious debate has arisen surrounding the issue of a hardcoded constant in the consensus rules of the Bitcoin network. While on the surface it appears to be a simple enough change, this single issue has opened up a veritable Pandora’s box. What is the block-size limit and why is it there? When the Bitcoin network was in infancy, several assumptions had to be made regarding […]

The post Settling the Block Size Debate appeared first on Bitcoin Magazine.

Posted on 28 July 2015 | 12:05 pm

Ethereum Project Opens Up New ‘Frontier’ for Developers

You could hear a pin drop at the recent Toronto DEC_TECH conference as Vitalik Buterin told a standing-room-only crowd about his remarkable journey to build Ethereum – a decentralized open source peer-to-peer web-based platform – that he calls “the foundational platform for everything.” Buterin has been called a “crypto-anarchist visionary,” and at the age of 21 he has already beat out Facebook’s Mark Zuckerberg to win the World Technology Prize for software development and invented the Ethereum blockchain. At the DEC_TECH event, Buterin shared his “Launch Roadmap” for the release of different components of the Ethereum project: Frontier – soon! (we now know it’s July 29/30) Homestead – 2 to 4 months Metropolis – 4 to 8 months Serenity – […]

The post Ethereum Project Opens Up New ‘Frontier’ for Developers appeared first on Bitcoin Magazine.

Posted on 28 July 2015 | 11:19 am

Microsoft Explores Blockchain Tech's Use for Social Good

The topic of how blockchain technology can be used to support social good was discussed at an event hosted by Microsoft last night.

Posted on 28 July 2015 | 9:32 am

Advertise with Anonymous Ads

Mike Tyson stepping into the bitcoin ring - CNBC


CNBC

Mike Tyson stepping into the bitcoin ring
CNBC
"I'm very proud to be a part of the Bitcoin revolution," Tyson said in a statement provided by his spokeswoman. "Digital currency is the future and the more I learn about it the more intrigued I become. Digital currency is going to level the playing ...
Op-Ed: Is Mike Tyson's Bitcoin ATM Fictional?CryptoCoinsNews
Mike Tyson wants a bite of the Bitcoin marketVentureBeat
Could Mike Tyson Become The New Face For Bitcoin?Benzinga
The Fiscal Times -CoinDesk
all 24 news articles »

Posted on 28 July 2015 | 7:18 am

New Service Finds Optimum Bitcoin Transaction Fee

A new service, CoinTape, is offering bitcoin users an answer to the burning question: what is the optimum transaction fee?

Posted on 28 July 2015 | 5:16 am

5 Things Bitcoin Owners Must Do When Estate Planning

Certified Financial Planner Jeff Vandrew explains the steps bitcoin holders should take when planning their estates.

Posted on 28 July 2015 | 3:41 am

Accenture Directors: Blockchains Must Move Beyond Bitcoin

Two Accenture directors have published a new article suggesting that blockchains must operate without bitcoin to be used by major financial firms.

Posted on 27 July 2015 | 2:45 pm

Can Bitcoin Change Wi-Fi For the Better?

We take a look at the companies hoping to increase the ease of WiFi access with bitcoin micropayments.

Posted on 27 July 2015 | 1:52 pm

8 Banking Giants Embracing Bitcoin and Blockchain Tech

Despite an initial skepticism, major financial institutions are beginning to become more public with their interest in bitcoin and the blockchain.

Posted on 27 July 2015 | 12:26 pm

Bitcoin and Trading Execs Team up to Disrupt Settlement

A bitcoin entrepreneur and a trading veteran have partnered on a blockchain project that aims to streamline the way assets are exchanged.

Posted on 27 July 2015 | 11:08 am

Mike Tyson Bitcoin ATM Owner Hits Back at Scam Accusations

A deal to create an official Mike Tyson-branded bitcoin ATM in Las Vegas has been met with criticism following questions about the companies involved.

Posted on 27 July 2015 | 6:41 am

Xapo CEO Wences Casares Takes Legal Action Against LifeLock

Wences Casares, the CEO of bitcoin company Xapo, has begun legal proceedings against online identity firm LifeLock in response to a suit filed by the company which alleged contract violations against him and several Xapo employees. The cross-complaint filed by Casares at California's Superior Court on 24th July states: "LifeLock's highly dysfunctional management proved itself […]

Posted on 27 July 2015 | 4:59 am

FuturePerfect VC: Emerging Markets are Bitcoin's Best Bet

FuturePerfect Ventures founding partner Jalak Jobanputra talks opportunities in the bitcoin and blockchain space and VC funding trends.

Posted on 25 July 2015 | 8:00 am

ItBit to Host Private Blockchain Summit for Wall Street Elite

Bitcoin exchange itBit is hosting a private gathering of financial professionals in New York on Monday.

Posted on 24 July 2015 | 5:05 pm

Blockchain Hackathon Heads to India's Bombay Stock Exchange

IBM is among the sponsors of a forthcoming India-based hackathon set to focus on bitcoin, the blockchain and FinTech.

Posted on 24 July 2015 | 4:10 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

Wikimedia Foundation Now Accepts Bitcoin

Posted on 30 July 2014 | 3:14 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

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

July 29, 2015 -
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