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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

USAA: Our Members Are 'Actively Engaged' in Bitcoin - CoinDesk


USAA: Our Members Are 'Actively Engaged' in Bitcoin
CoinDesk
USAA's recent entrance into the bitcoin space may have been driven, in part, by interest in the technology among its own membership. The Fortune 500 financial services company, based in Texas, was among a diverse group of investors that took part in ...

Posted on 30 January 2015 | 11:14 am

DigitalBTC Dissolves Bitcoin Mining Agreement with CloudHashing - CoinDesk


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 ...

Posted on 30 January 2015 | 11:14 am

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The Bootstrapper's Guide To Bitcoin Remittances - 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

Bitcoins Are Easier To Track Than You Think - TIME


TIME

Bitcoins Are Easier To Track Than You Think
TIME
Bitcoin is sometimes thought of as the prime anonymous cash of the Internet, believed to be as untraceable as an under-the-table payment to a babysitter or a drug dealer. But the dramatic trial of Ross Ulbricht, a 30-year-old man accused of running the ...
​Silk Road trial: FBI traced $13mn in bitcoin to UlbrichtRT
FBI consultant: Silk Road founder carried millions worth of bitcoins on laptopPCWorld
Silk Road trial: 'Execution' webchat revealed as drug sale bitcoins traced to ...International Business Times UK
CoinTelegraph
all 101 news articles »

Posted on 30 January 2015 | 8:59 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


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 Ryan X Charles

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

Bitcoin Price Crashes; $200 Next? - newsBTC


Bitcoin Price Crashes; $200 Next?
newsBTC
After an impressive rise during the Coinbase euphoria, the bitcoin price didn't manage to remain near the reached peak levels. Although Bitfinex BTC/USD climbed up to $314, a bearish bias has started haunting the bitcoin price once again. In the ...
Bitcoin Trading Retesting The Lows Near $200CryptoCoinsNews

all 3 news articles »

Posted on 29 January 2015 | 1:27 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

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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' - CoinDesk


ValueWalk

The Winklevoss Brothers on Gemini, the 'NASDAQ of Bitcoin'
CoinDesk
Cameron and Tyler Winklevoss aren't shy about issuing bold predictions for Gemini, their recently revealed bitcoin exchange project. Calling it the "NASDAQ or Google of bitcoin", the president and CEO, respectively, believe Gemini will be the fully ...
Winklevoss Brothers: Gemini the “NASDAQ of BitcoinnewsBTC
Winklevoss Twins Have A Dream: Bitcoin Worth TrillionsValueWalk
Gemini Is 'How Google Would Approach Bitcoin', Say Winklevoss TwinsCoinBuzz
Barron's (blog) -Wealth Daily -StreetWise Journal
all 9 news articles »

Posted on 29 January 2015 | 9:08 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

Why the Gates Foundation Doesn't Use Bitcoin

Software magnate Bill Gates has again spoken out on bitcoin in his third 'Ask Me Anything' (AMA) session on social sharing platform Reddit. The focus of the AMA was philanthropy and the work of the Bill & Melinda Gates Foundation. As a result, Gates’ answer revolved around potential bitcoin applications in charity. In response to the question "What […]

Posted on 29 January 2015 | 3:25 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

What Is Bitcoin, Exactly? - Smithsonian


CryptoCoinsNews

What Is Bitcoin, Exactly?
Smithsonian
The technological infrastructure behind bitcoin, though not quite as talked-about in pop culture as the currency itself, is what the authors find to be truly revolutionary. Simply put, the two argue, bitcoin provides people the opportunity to have a ...
The Federal Reserve Bitcoin StrategyCryptoCoinsNews
The Fed Backs Away from Bitcoin for Real-Time PaymentsPaymentsSource
The Cryptocurrency that Dare Not Speak Its NameAmerican Banker (subscription)

all 7 news articles »

Posted on 28 January 2015 | 3:26 pm

BitGold Backed By Sprott in Public Stock Market Deal

Canada's BitGold has gone public following a reverse merger with mineral exploration company Loma Vista Capital.

Posted on 28 January 2015 | 3:15 pm

Cautionary Tales on Bitcoin Security

Bitcoin Exploration The Bitcoin ecosystem has many different types of platforms such as exchanges, payment service providers, reporting platforms and an array of other supporting services. Every time you create a new account your online profile expands, increasing the risk of breach with one or all of your accounts. Private keys and passphrases should be managed as securely as possible, and the same for login credentials. The following tales are filled with valuable lessons for stepping up your game with digital identity management. Gone Phishing Paul Boyer, creator of the “Mad Money Machine” podcast on the “Let’s Talk Bitcoin” network, learned a tough lesson recently. Paul happily received donations totaling 3.3875 bitcoins, about $2,000, from loyal listeners until he discovered […]

The post Cautionary Tales on Bitcoin Security appeared first on Bitcoin Magazine.

Posted on 28 January 2015 | 11:32 am

NYDFS: Coinbase Is Not Licensed in New York

The NYDFS has issued a response to questions about the regulatory status of Coinbase's recently launched bitcoin exchange.

Posted on 28 January 2015 | 10:23 am

Manhattan DA: We’re Watching Regulated Exchanges With ‘Immense Interest’

Manhattan district attorney Cyrus R Vance Jr has issued new remarks regarding his agency's interests in the bitcoin exchange space.

Posted on 28 January 2015 | 9:51 am

Bitcoin-Friendly University Offers Free Course on Future of Money

The University of Cumbria has announced the launch of a free online Masters-level course that will look at the future of money. The month long 'Money and Society' MOOC (massive open online course) will be targeted at "monetary innovators and activists from any political persuasion", and look into "the essence of money and how it has […]

Posted on 28 January 2015 | 5:49 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

BTC Media Acquires Bitcoin Magazine

January 21, 2015 FOR IMMEDIATE RELEASE Contact: Tyler Evans 256-539-6100 BTC Media Acquires Bitcoin Magazine NASHVILLE, TN—BTC Media LLC, parent company of financial technology magazine yBitcoin and its website www.ybitcoin.com, has as of January 21, 2015 completed the purchase of Bitcoin Magazine from Coin Publishing LLC. Bitcoin Magazine is the first publication devoted exclusively to Bitcoin, the digital currency that burst onto the international economic scene as open source software in 2009. Magazine founders Mihai Alisie and Vitalik Buterin published their first issue in May, 2012 and later joined forces with Orlando, Florida-based Coin Publishing LLC to produce 22 issues. The magazine is mailed to subscribers worldwide, sold at Barnes & Noble bookstores and published online at www.bitcoinmagazine.com. BTC Media […]

The post BTC Media Acquires Bitcoin Magazine appeared first on Bitcoin Magazine.

Posted on 21 January 2015 | 11:00 am

Microsoft accepts Bitcoin

Posted on 11 December 2014 | 5:06 am

Mozilla accepting Bitcoin

Posted on 20 November 2014 | 1:55 pm

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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

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

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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