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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

Why Greece Should Not Switch To Bitcoin - TechCrunch


TechCrunch

Why Greece Should Not Switch To Bitcoin
TechCrunch
In some discussions about Greece exiting the euro, it has been suggested that Greece should swap the euro for bitcoin. At first glance, bitcoin may appear to be the cure. But if the euro is the problem, switching to Bitcoin would be like trying to cure ...

Posted on 28 February 2015 | 8:01 am

Video: Hashrabbit's Melissa Volkmann on Bitcoin's Design Mistakes

To Ƀ or not to ฿? That is the question posed by designer Melissa Volkmann, who wants bitcoin companies to rethink the industry's creative direction.

Posted on 28 February 2015 | 7:30 am

Stripe Completes Beta Bitcoin Test; Offers Merchants Bitcoin Payment - CryptoCoinsNews


Stripe Completes Beta Bitcoin Test; Offers Merchants Bitcoin Payment
CryptoCoinsNews
Stripe, a San Francisco, Calif.-based mobile payments startup, has offered its customers a bitcoin payment option after completing a bitcoin beta test. CCN reported the beta test in March 2014. “While in beta, Stripe merchants accepted bitcoin ...
Stripe's John Collison riffs on bitcoin, Apple and his startup's huge valuationUpstart

all 3 news articles »

Posted on 28 February 2015 | 4:04 am

BitFury Launches New 28nm Bitcoin Mining ASIC - CoinDesk


BitFury Launches New 28nm Bitcoin Mining ASIC
CoinDesk
CEO Valery Vavilov sought to frame the announcement as part of BitFury's overall drive to keep chip efficiency in line with the rising difficulty of the bitcoin mining network, calling the chip the company's "most energy-efficient and high-performance ...

Posted on 27 February 2015 | 7:12 pm

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

Bitcoin Swaps Exchange Gets Public Listing Via Reverse Merger - Wall Street Journal (blog)


Wall Street Journal (blog)

Bitcoin Swaps Exchange Gets Public Listing Via Reverse Merger
Wall Street Journal (blog)
Investors looking to bet on the future of digital currency could soon have an equity vehicle for doing so, courtesy of a penny stock reverse merger that should see bitcoin derivative trading platform Tera Exchange become a listed company. Tera Group Inc.
Bitcoin Derivatives Platform TeraExchange to Go Public in MergerCoinDesk
MGT Capital Investments to merge with Bitcoin SEF and index firm Tera GroupLeapRate
MGT Capital Investments Enters into Shareholder Agreement with Tera GroupForex Magnates

all 10 news articles »

Posted on 27 February 2015 | 5:19 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

Ex-Goldman, Paribas Execs Launch Bitcoin Derivatives Exchange - CoinDesk


newsBTC

Ex-Goldman, Paribas Execs Launch Bitcoin Derivatives Exchange
CoinDesk
A new bitcoin derivatives trading platform called Crypto Facilities has launched in London, backed by a pair of co-founders with longtime experience in the City's traditional financial markets. Crypto Facilities currently lets customers trade just one ...
Bitcoin Futures – Literally Mining the FuturenewsBTC
Former Goldman Sachs Director Launches Bitcoin Derivatives Brokerage Crypto ...Bitcoin Magazine
London-based Bitcoin Derivatives Platform DebutsInside Bitcoins
ForexMinute.com
all 6 news articles »

Posted on 27 February 2015 | 1:32 pm

Russian Lawmaker: Bitcoin is a CIA Conspiracy - CoinDesk


CoinDesk

Russian Lawmaker: Bitcoin is a CIA Conspiracy
CoinDesk
While pointed, the statements do not seem to represent the views on bitcoin from within the federal legislature. For example, the chairman of the State Duma Committee on Financial Markets has stated as recently as August that she opposes criminal ...
Andrei Svintsov, the Russian Lawmaker Says Bitcoin is a CIA PlotForexMinute.com

all 2 news articles »

Posted on 27 February 2015 | 12:41 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

DigitalBTC Reports Net Loss On Falling Bitcoin Price - CoinDesk


DigitalBTC Reports Net Loss On Falling Bitcoin Price
CoinDesk
Australian bitcoin company Digital CC Ltd has published the results for its half-year period up to 31st December 2014, posting a $2.3m net loss after tax. Notably, the firm was the first bitcoin company to be listed on the Australian Securities ...

Posted on 27 February 2015 | 7:58 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

Igot Expands Exchange and Remittance Services to Kenya

Bitcoin firm igot has expanded to Kenya following the acquisition of a local cryptocurrency exchange and integration with a mobile payments platform.

Posted on 27 February 2015 | 5:34 am

Booking flights with bitcoin - The Economist (blog)


The Economist (blog)

Booking flights with bitcoin
The Economist (blog)
MOST stories about bitcoin, a digital currency loved and loathed in equal measure, focus on the future potential of the technology, rather than its present-day usefulness. This story is no different. Earlier this month, UATP, a payment network for ...

Posted on 26 February 2015 | 9:10 pm

Ex-Goldman, Paribas Execs Launch Bitcoin Derivatives Exchange

A former executive director of Goldman Sachs in London has launched a bitcoin derivatives exchange called Crypto Facilities.

Posted on 26 February 2015 | 1:50 pm

Former Goldman Sachs Director Launches Bitcoin Derivatives Brokerage Crypto Facilities

Crypto Facilities Ltd., a London-based broker founded by former Goldman Sachs Executive Director Timo Schlaefer, has announced the launch of its bitcoin derivatives trading platform. In financial jargon, a derivative is a contract that derives its value from the performance of an underlying entity, in this case the exchange value of bitcoin. Crypto Facilities trades financial products such as bitcoin options and futures, allowing users to “go long” and bet that the price of bitcoin will rise, or “go short” and bet the price will fall. The first derivative offered by Crypto Facilities is a forward contract – a contract to buy or to sell an asset at a specified future time at a price agreed upon today – on […]

The post Former Goldman Sachs Director Launches Bitcoin Derivatives Brokerage Crypto Facilities appeared first on Bitcoin Magazine.

Posted on 26 February 2015 | 11:52 am

Commonwealth Secretariat Commissions Bitcoin Report for Developing Nations

A two-day event that brought together representatives from the Commonwealth Secretariat has ended with the commission of a formal bitcoin report.

Posted on 26 February 2015 | 11:15 am

CoinSpark 2.0 Taps Blockchain Tech for Notarized Messaging Service

CoinSpark has released a new version of its protocol that allows users to send private messages tied to bitcoin transactions.

Posted on 26 February 2015 | 10:03 am

Bitstamp to Introduce New Fee Structure

Bitcoin exchange Bitstamp has announced that it will be amending its fees at the beginning of March.

Posted on 26 February 2015 | 8:54 am

Bitcoin Voucher Scheme Bitupcard Expands to 300 Shops in Turkey

Prepaid bitcoin voucher service Bitupcard is now available at an additional 270 locations in Turkey, taking the total to 300.

Posted on 26 February 2015 | 8:00 am

OKCoin Gives Away $1.6 Million in Bitcoin for Chinese New Year

OKCoin says its 10m yuan bitcoin giveaway gained it "roughly half a million new users" over Chinese New Year.

Posted on 26 February 2015 | 7:01 am

Blockchain Project Aims to Bring Speed, Transparency to Wall Street Trading

Coinsetter has launched Project High Line, a blockchain-based technology that aims to improve how trades across Wall Street are executed.

Posted on 26 February 2015 | 4:17 am

Bitcoin Foundation Trials Blockchain Voting in Latest Election Controversy

CoinDesk examines the Bitcoin Foundation's recent attempt to launch a blockchain-based voting system and its impact on its latest election round.

Posted on 25 February 2015 | 4:42 pm

CoinJar Swipe Bitcoin Debit Cards Now Available

CoinJar Swipe debit cards, which have been on trial since September, are now available for all customers in Australia for use at stores nationwide.

Posted on 25 February 2015 | 2:00 pm

WordPress: We Haven't Given Up on Bitcoin

WordPress co-founding developer Matt Mullenweg says the company hasn't given up on bitcoin, despite it disappearing from the platform's checkout page.

Posted on 25 February 2015 | 1:30 pm

After Chaotic First Day, Bitcoin Foundation Reboots Run-off Election

It was an interesting experiment, but the Bitcoin Foundation’s bid to hold on-blockchain elections today seems to be over. In a letter sent to members dated February 25, 2015 at 12:46:33 a.m. EST and posted on the Bitcoin Foundation blog, the Foundation’s Director of Communications, Jinyoung Lee Englund, announced that the run-off elections being held to fill two board member seats would be utilizing a new voting platform in co-operation with Swarm. “The Foundation’s mission is to advance blockchain technology and this is an important new avenue of innovation,” said Patrick Murck, Executive Director of the Bitcoin Foundation, in the announcement. “While we may not have had the smoothest experience in this experimental launch, it’s important for us to push […]

The post After Chaotic First Day, Bitcoin Foundation Reboots Run-off Election appeared first on Bitcoin Magazine.

Posted on 25 February 2015 | 1:28 pm

CNN’s Morgan Spurlock Spends Week “Living on Bitcoin”

Morgan Spurlock, Academy Award nominated director of “Super Size Me,” is CNN television’s “Inside Man.” In 2014, he spent a week living on bitcoin. The resulting “Inside Man” episode aired on February 19, 2015, affording a large television audience an in-depth Bitcoin experience that was no doubt a first for many viewers. The episode begins with a brief explanation of Bitcoin founder Satoshi’s goals, as defined by the white paper, “Bitcoin: A Peer-to-Peer Electronic Cash System”. “[Satoshi] wanted to create a global currency that existed outside of a central bank or government,” Spurlock explains. Starting at the Bitcoin Center in New York City, Spurlock buys his first bitcoin from the live auctioneer at the site. He then proceeds to make […]

The post CNN’s Morgan Spurlock Spends Week “Living on Bitcoin” appeared first on Bitcoin Magazine.

Posted on 25 February 2015 | 8:01 am

BitGo Unleashes FDIC-like Insurance Ushering in a New Era of Bitcoin Security

BitGo, a leader in Bitcoin security, announced Tuesday it had secured first-of-its-kind insurance coverage for bitcoin theft from the global, A-rated XL Group insurance companies. With this announcement, BitGo joins the list of industry leaders including Xapo and Coinbase that offer insurance for bitcoin stored using their services. All of BitGo’s paying customers are eligible for protection under the XL policy for up to $250,000 in covered theft claims, just by signing up for BitGo services. Customers can increase the amount of protection available to them for an annual fee. “We are proud to partner with XL Group and Innovation Insurance Group on this game-changing insurance product,” said Will O’Brien, CEO and co-founder of BitGo. “The entrance of an underwriter […]

The post BitGo Unleashes FDIC-like Insurance Ushering in a New Era of Bitcoin Security appeared first on Bitcoin Magazine.

Posted on 25 February 2015 | 6:59 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

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 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

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

February 28, 2015 -
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