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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

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

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-Qt v0.9.0rc3 released

Posted on 13 March 2014 | 3:21 am

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Cameron Winklevoss on Bitcoin's Price Volatility: No Reward Without Risk - Nasdaq


Nasdaq

Cameron Winklevoss on Bitcoin's Price Volatility: No Reward Without Risk
Nasdaq
One of the main criticisms of Bitcoin as a currency has been price volatility. While most people are attracted to the low costs and quick settlement offered by the blockchain, those same individuals do not like the idea of holding on to an asset that ...

Posted on 31 May 2016 | 11:38 am

The Five Most Useful Properties of Bitcoin - Nasdaq


Nasdaq

The Five Most Useful Properties of Bitcoin
Nasdaq
Bitcoin has received plenty of hype as the money of the future over the past few years, but what are the properties of this digital asset that set it apart from everything else on the market? What are the features of Bitcoin that get people to use it ...

Posted on 31 May 2016 | 11:20 am

Bitcoin's Rise To A Major Currency - Seeking Alpha


Seeking Alpha

Bitcoin's Rise To A Major Currency
Seeking Alpha
Until around 2012, the benefits of bitcoin were largely theoretical. You could pay anyone in the world almost instantly and almost free. The recipient, however, would have limited uses for the bitcoin he received apart from holding it speculatively or ...

Posted on 31 May 2016 | 10:22 am

3 Reasons Bitcoin Is Booming Again, Price Nears $550 - Fortune


Fortune

3 Reasons Bitcoin Is Booming Again, Price Nears $550
Fortune
On Tuesday, bitcoin was nosing towards $550 per unit, which is even higher than August 2014, when bitcoin prices reached almost $533. The recent move also ends a six-month period of relative tranquility in which prices mostly hovered between $350 and ...
Three reasons why bitcoin's price is surging higherCNBC
Bitcoin Hits 2-Year High As Yuan Worries Drive Chinese DemandNDTV
Bitcoin Price: This Could Send Bitcoin Prices SoaringProfit Confidential
PYMNTS.com -IT PRO -City A.M.
all 10 news articles »

Posted on 31 May 2016 | 9:09 am

Economist Argues Bitcoin Isn't Money in Closely Watched Court Case - Money Magazine


Money Magazine

Economist Argues Bitcoin Isn't Money in Closely Watched Court Case
Money Magazine
In a court proceeding watched closely in tech and financial circles across the United States and the world, an economist testified last week that bitcoin isn't really money and thus not subject to money-laundering laws. The judge's decision—not ...
Defense claims Bitcoin is not money in Miami laundering caseSiliconANGLE (blog)
Is Bitcoin Really Money? Economics Professor Says 'No' In Landmark Criminal CaseInternational Business Times

all 6 news articles »

Posted on 31 May 2016 | 8:30 am

Will Ethereum Beat Bitcoin to Mainstream Microtransactions? - CoinDesk


CoinDesk

Will Ethereum Beat Bitcoin to Mainstream Microtransactions?
CoinDesk
Micropayments have long been one of the most hotly-anticipated use cases for bitcoin, but similar tech may be coming soon to Ethereum, the decentralized blockchain network that has recently rejuvenated outside interest in the cryptocurrency space.
You've heard of bitcoin, this is BitCompanyTechCentral

all 4 news articles »

Posted on 31 May 2016 | 6:47 am

Mystery Solved: $6.6 Million Bitcoin Theft That Brought Down Dark Web Site Tied To 2 Florida Men - Forbes


Forbes

Mystery Solved: $6.6 Million Bitcoin Theft That Brought Down Dark Web Site Tied To 2 Florida Men
Forbes
The U.S. government has seized $4.5 million from two Florida men who allegedly stole 5,400 bitcoins from illegal online drug sales site Sheep Marketplace in late 2013, shortly before the price of bitcoin hit its peak of around $1,200, according to ...
Feds Discover Bitcoin Theiving Sheep Marketplace CulpritsCryptoCoinsNews

all 3 news articles »

Posted on 30 May 2016 | 4:35 pm

Australia to sell £8m of seized bitcoins - BBC News


BBC News

Australia to sell £8m of seized bitcoins
BBC News
A collection of bitcoins worth about £8m, which had been confiscated by police in Australia, will be auctioned off in June. The 24,518 bitcoins will be sold mostly in blocks of 2,000 - each with a market value of about £680,000. Ernst & Young, the firm ...
Australia to auction $11.5 million confiscated bitcoinsCNBC
Bitcoin to be hammered – in an auction, that isThe Register
Australian police to auction $13m in confiscated bitcoinsThe Guardian
CNET -Sky News -Quartz
all 83 news articles »

Posted on 30 May 2016 | 7:15 am

China Buying Sparks Bitcoin Surge - Wall Street Journal


Wall Street Journal

China Buying Sparks Bitcoin Surge
Wall Street Journal
Chinese investors are pumping up bitcoin again, sending prices up nearly 16% in the past four days, just two years after the country was at the center of a boom and bust in the crypto-currency. The four-day surge in bitcoin since Friday has added $1.2 ...
Bitcoin price jumps 21 percent over 4 days, reaching a 21-month highTechCrunch
Why Bitcoin is China's latest crazeThe Australian Financial Review
Bitcoin Price Nears $550CryptoCoinsNews
Shanghai Daily (subscription) -Nasdaq -CoinReport
all 22 news articles »

Posted on 30 May 2016 | 5:37 am

Microsoft to Develop Identity Platform for Multiple Blockchains

Microsoft has partnered with two startups to build an identity platform aimed to integrating with both the bitcoin and Ethereum blockchains.

Posted on 31 May 2016 | 10:38 am

Japan’s Trade Ministry: Government Should Promote Blockchain Use Cases

Japan’s Ministry of Economy, Trade and Industry (METI) has released the results of a survey on blockchain technology.

Posted on 31 May 2016 | 8:51 am

Will Ethereum Beat Bitcoin to Mainstream Microtransactions?

Micropayments have long been one of the most anticipated use cases for bitcoin, but similar tech may be coming soon to Ethereum.

Posted on 31 May 2016 | 6:40 am

Smart Dubai Director Sees Blockchain as Key to Connected Cities

The head of Dubai's smart cities drive spoke on how she believes blockchain can help drive the city’s modernization efforts yesterday.

Posted on 31 May 2016 | 4:57 am

Dubai's Global Blockchain Council Unveils First Pilot Projects

Members of Dubai’s Global Blockchain Council (GBC) unveiled seven new proofs-of-concept at industry conference Keynote 2016 today.

Posted on 30 May 2016 | 5:05 am

Ernst & Young to Sell $12 Million in Bitcoin at Auction

Ernst & Young has announced it will auction $12.9m worth of bitcoin confiscated from a former Silk Road user.

Posted on 30 May 2016 | 12:20 am

Why ABN Amro Wants to Separate Bitcoin from the Blockchain

ABN Amro managing director Karin Kersten discusses her firm's blockchain strategy and use cases.

Posted on 29 May 2016 | 11:08 am

London Workshop Explores Blockchain Identity in Finance

The Identity & KYC conference in London hosted a workshop on using blockchain technology to improve know-your-customer processes earlier this week.

Posted on 29 May 2016 | 9:56 am

A Framework for Identity

IDEO coLAB member Dan Elitzer explores a framework for digital identity using blockchain and other technologies.

Posted on 28 May 2016 | 10:14 am

A Right to Exist: Using Technology to Create Better ID Systems

Steven Malby of the Commonwealth Secretariat explores the challenges in bringing legal identity to the more than 1 billion people lacking recognition.

Posted on 28 May 2016 | 8:20 am

Was Ether's Loss Bitcoin's Gain? Traders Wonder After Wild Week

The price of bitcoin appreciated nearly 4% for the week ending 27th May.

Posted on 27 May 2016 | 3:47 pm

Kraken to Add DAO Trading as Critics Call for ‘Moratorium’

Amid a vibrant public debate, digital currency exchange operator Kraken has announced it will begin trading The DAO tokens.

Posted on 27 May 2016 | 2:55 pm

Bitcoin Mining Firm KnCMiner Declares Bankruptcy

The parent company of Swedish bitcoin mine operator KnCMiner has declared bankruptcy.

Posted on 27 May 2016 | 11:41 am

Bitcoin Price Hits Six-Month High Amid 5% Surge

Bitcoin prices surged more than 5% in the early hours of 27th May, to reach a more than six-month high.

Posted on 27 May 2016 | 10:36 am

US Congress Reps Receive Blockchain Briefing at Capitol Hill Event

More than 15 members of Congress met with representatives of the blockchain technology industry this week in Washington, DC.

Posted on 27 May 2016 | 8:19 am

Lawyers Be DAMNed: Andreas Antonopoulos Takes Aim at Arbitration With DAO Proposal

Andreas Antonopoulos takes aim at local governments with new plans for an Ethereum-based system that could be recognized across borders.

Posted on 26 May 2016 | 4:57 pm

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Blockchain Technology Will Profoundly Change the Derivatives Industry

Editor's note: This is a guest post by Matt O’Brien. As the hype and pessimism around blockchain technology converge toward reality over the...

The post Blockchain Technology Will Profoundly Change the Derivatives Industry appeared first on Bitcoin Magazine.

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Why the Global Economy Needs Open Blockchain Assets to Fight Negative Interest Rates

The world economy is in a fascinating period. It is an encouraging time for those hopeful about Bitcoin and other open blockchain-based...

The post Why the Global Economy Needs Open Blockchain Assets to Fight Negative Interest Rates appeared first on Bitcoin Magazine.

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IBM: Government and Blockchain Sector Should Work Together to Enhance National Security

IBM Vice President for Blockchain Technologies Jerry Cuomo recently testified before the Commission on Enhancing National Cybersecurity on...

The post IBM: Government and Blockchain Sector Should Work Together to Enhance National Security appeared first on Bitcoin Magazine.

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How Blockchain Technology Is Reinventing Global Trade Efficiency

This article orginally appeared in The Distributed Ledger. The business of moving commercial goods around the planet represents billions of...

The post How Blockchain Technology Is Reinventing Global Trade Efficiency appeared first on Bitcoin Magazine.

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Russia’s National Settlement Depository Successfully Tests Blockchain-Based E-Voting System

The National Settlement Depository (NSD), Russia’s central securities depository, has developed and successfully tested an e-proxy voting...

The post Russia’s National Settlement Depository Successfully Tests Blockchain-Based E-Voting System appeared first on Bitcoin Magazine.

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Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments

Over the past years, the Dutch town of Arnhem consistently made headlines for its exceptional Bitcoin project: Arnhem Bitcoincity. Launched...

The post Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments appeared first on Bitcoin Magazine.

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Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit

If you’ve ever needed an incentive to get fit, a new app launched in Britain could give you the boost you need. The new fitness app for...

The post Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit appeared first on Bitcoin Magazine.

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May 31, 2016 -
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