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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

Florida Group Faces Fraud Charges for Alleged Altcoin Pump and Dump

Five individuals have been named in a Florida lawsuit that involves an altcoin pump-and-dump and the fraudulent presale of scrypt mining ASICs.

Posted on 17 December 2014 | 2:35 pm

Future Unclear for Romanian Bitcoin Exchange as Users Withdraw Funds

BTCXchange, Romania's only order-book bitcoin exchange, has issued a statement asking all users to withdraw funds over security risks.

Posted on 17 December 2014 | 12:50 pm

PeerNova Raises $8.6 Million to Refocus on Enterprise Blockchain Applications

PeerNova has raised $8.6m in new funding as part of a Series A round led by Mosaik Partners and featuring former AOL CEO Steve Case.

Posted on 17 December 2014 | 11:05 am

The District's first bitcoin ATM arrives at the Diner - Washington Post


The District's first bitcoin ATM arrives at the Diner
Washington Post
The District's first bitcoin ATM arrived quietly at the Diner, a 24-hour eatery in Adams Morgan, the week of Thanksgiving. Since then, about 10 transactions have taken place at the machine, which allows customers to buy or sell the virtual currency ...

Posted on 17 December 2014 | 10:24 am

Bitcoin Firm Enables Remittance Withdrawals at 450 Philippine Bank ATMs

Philippine remittance service Coins.ph now allows users to send funds for collection at a network of bank ATMs.

Posted on 17 December 2014 | 9:00 am

98.6% of TorrentLocker Victims Refuse to Pay Bitcoin Ransom - CoinDesk


98.6% of TorrentLocker Victims Refuse to Pay Bitcoin Ransom
CoinDesk
98.55% of victims targeted by TorrentLocker do not pay the virus' bitcoin ransom, according to a new report. TorrentLocker (aka Win32 or Filecoder.DI) is a strain of bitcoin ransomware that works by encrypting users' files. Victims are requested to pay ...
Many Refuse to Negotiate with “Bitcoin Terrorists”newsBTC
TorrentLocker Cracked: Europe in the Sight of Bitcoin Requesting RansomwareVirtual Press Office (press release)

all 18 news articles »

Posted on 17 December 2014 | 7:08 am

98.6% of TorrentLocker Victims Refuse to Pay Bitcoin Ransom

A new report into the effects of TorrentLocker malware has found that 98.55% of victims do not pay the bitcoin ransom.

Posted on 17 December 2014 | 6:49 am

Russians move into bitcoin as ruble tanks - CNBC


Russians move into bitcoin as ruble tanks
CNBC
Other than the dollar, the beneficiaries of this flight from Russia appeared to be the euro, the yen, sterling -- and bitcoin. Data from bitcoincharts.com, which tracks financial and technical statistics for bitcoin, shows that transaction volumes with ...
Litecoin Market in Chaos as Bitcoin Continues to SinknewsBTC
Bitcoin Trading Volume Increases against RubleForexMinute.com
Bitcoin Bounces Off $319, CSBS Joins the Regulatory PartyForex Market (blog)

all 9 news articles »

Posted on 17 December 2014 | 4:51 am

After A Difficult 2014, Bitcoin Hopes For A Brighter New Year - TechCrunch


TechCrunch

After A Difficult 2014, Bitcoin Hopes For A Brighter New Year
TechCrunch
Bitcoin spiked to north of $1,000 in late 2013, before starting a long decline in the current year. After some optimistic fluctuation, it has landed in a mid-$300 trading range that the virtual currency can't seem to shake. Gone, for now it seems, are ...
Will Bitcoin Ever Really Take Off, Even With Microsoft Now Accepting It?TheStreet.com
Overstock's 2014 Bitcoin Sales Miss Projections at $3 MillionCoinDesk
Bitcoin move already in progressResource Investor
Inside Bitcoins -newsBTC -Forex Market (blog)
all 24 news articles »

Posted on 16 December 2014 | 4:34 pm

Coinkite Removes Limits on Multisig Bitcoin Wallets in Service Fee Shakeup

Coinkite is now offering consumers unlimited access to its multisig wallets, a move it said was inspired by the ecosystem's recent security issues.

Posted on 16 December 2014 | 4:20 pm

[Live Video Stream] Blockchain University Launch, Holiday Party & Panel

Blockchain University is live streaming the launch party with an evening of talks & a panel about Blockchain technology. Starting January 10 Blockchain University will commence its first course on Blockchain for developers, an 8 week course on Saturdays, in Mountain View, California. The initial launch session is open to the public. The video is viewable below and on the Blockchain University YouTube Channel. Live Stream Schedule (GMT-8) 6:30pm — Blockchain University Introduction 6:45pm — Blockchain Ecosystem Overview: Startups, Developers & Investors keynote by Adam Ludwin, Chain.com founder 7:00pm — Survey of Innovation in Blockchain-based Consensus Algorithms by Zaki Manian, skuchain co-founder 7:30pm — Panel on Blockchain technologies, startups & trends Speakers and Panelists: Ryan X. Charles, reddit Inc. @ryanxcharles […]

The post [Live Video Stream] Blockchain University Launch, Holiday Party & Panel appeared first on Bitcoin Magazine.

Posted on 16 December 2014 | 3:00 pm

Bitcoin has become too powerful for regulators to shut it down - Vox


Mother Jones

Bitcoin has become too powerful for regulators to shut it down
Vox
I'm a Bitcoin optimist. Henry Farrell isn't. In an astute post, he argues that the big threat to Bitcoin's long-term viability comes from government regulation. Governments are used to being able to control how the financial system works, and the ...
Bitcoin's financial network is doomedWashington Post (blog)
The Great Paradox of Bitcoin: If It Ever Succeeds, It's DoomedMother Jones

all 3 news articles »

Posted on 16 December 2014 | 12:22 pm

Student Aims to Boost Free Speech with Bitcoin Messaging App

A student in the Netherlands has developed a cheap and censorship-resistant publishing service built on top of the bitcoin blockchain.

Posted on 16 December 2014 | 10:53 am

Time Inc. Begins Accepting Bitcoin Payments - New York Times


New York Times

Time Inc. Begins Accepting Bitcoin Payments
New York Times
On Tuesday, Time Inc. announced that it would accept payments in Bitcoin for certain subscriptions. Like many companies that have started accepting Bitcoin, Time Inc. has teamed up with Coinbase, a popular Bitcoin wallet, to process the transactions.
Is Bitcoin Back?WBUR
Time Inc Becomes First Major Magazine Publisher to Accept BitcoinCoinDesk
Bitcoin Paves Way Into Publishing WorldPYMNTS.com
The Denver Post -The Hill -ZDNet
all 28 news articles »

Posted on 16 December 2014 | 10:51 am

US State Bank Supervisors Issue Model Regulation for Digital Currencies

The Conference of State Bank Supervisors has drafted guidance for regulating digital currency activity

Posted on 16 December 2014 | 10:05 am

Time Inc Becomes First Major Magazine Publisher to Accept Bitcoin

Time Inc, publisher of magazines like Fortune, People and Sports Illustrated, is now accepting bitcoin at select properties through Coinbase.

Posted on 16 December 2014 | 7:19 am

Australian Regulator: Bitcoin is Not a Financial Product

The Australian Securities and Investments Commission has issued temporary guidance for bitcoin businesses.

Posted on 16 December 2014 | 6:55 am

Advertise with Anonymous Ads

BTC China Hires Ex-Alipay Chief Analyst in Payments Push

BTC China has hired a former chief analyst from online payments giant Alipay, signalling a shift further into e-commerce.

Posted on 16 December 2014 | 3:41 am

Court Strikes Down FTC Request for More Butterfly Labs Oversight

Embattled bitcoin mining hardware company Butterfly Labs is back in business, following a federal court ruling on Friday.

Posted on 15 December 2014 | 3:45 pm

Crypto 2.0 Roundup: Ethereum's ÐΞVCON, Vizor's Virtual Reality and a Blockchain University

In this week's Crypto 2.0 roundup, we profile events from Ethereum and Koinify and take a look at how crypto could impact virtual reality.

Posted on 15 December 2014 | 3:20 pm

Overstock's 2014 Bitcoin Sales Miss Projections at $3 Million

Overstock is reporting that it expects to complete just $3m in total bitcoin sales for 2014, a figure it said fell below its original estimates.

Posted on 15 December 2014 | 12:35 pm

Chinese Official: Bitcoin Can 'Co-exist' with Fiat Currencies

Former vice-governor of China's central bank, Wu Xiaoling, has said digital currencies like bitcoin "could co-exist with fiat currencies".

Posted on 15 December 2014 | 7:33 am

Safello Partners with UK Bank for Faster Payments

Swedish-based bitcoin exchange Safello has announced a new banking partnership that will see it add local transfer options for UK customers.

Posted on 15 December 2014 | 5:30 am

Living Room of Satoshi Reopens After Sales Tax Issues

Bill payment service Living Room of Satoshi, which closed in October due to Australian tax regulations, is back online.

Posted on 14 December 2014 | 8:43 pm

Tatiana chats with DApps Fund David Johnston at Money 20/20.

This is an interview I did with David Johnston of DApps Fund at Money 20/20 in Las Vegas.  Join us as we discuss Bitcoin and check out what David has planned next!

The post Tatiana chats with DApps Fund David Johnston at Money 20/20. appeared first on Bitcoin Magazine.

Posted on 14 December 2014 | 5:43 pm

Tatiana interviews Dale Dickins, the Director of the documentary “The Bitcoin Doco”

Join me as I chat with the Director of “The Bitcoin Doco” and a good friend Dale Dickins.  Dale explains to us why she decided to do documentary on Bitcoin in Australia and gives us insight on what she is doing to spread awareness of Bitcoin around the world!

The post Tatiana interviews Dale Dickins, the Director of the documentary “The Bitcoin Doco” appeared first on Bitcoin Magazine.

Posted on 14 December 2014 | 5:43 pm

Why Bitcoin Needs Lawyers to Bridge the Technology Gap

As bitcoin continues to be taken more seriously by banks and regulators, the industry needs lawyers to help smooth out bumps on its way to mainstream.

Posted on 14 December 2014 | 1:55 pm

Falcon Global: Fund Closure No Sign of Declining Bitcoin Demand

Falcon Global Capital takes aim at what it considers the misconception that the firm is struggling to garner interest after its recent fund closure.

Posted on 14 December 2014 | 8:17 am

[Live Video Stream] SF Bitcoin meetup at Geekdom

A special event for the San Francisco Bitcoin Meetup will be live streamed on Tuesday, December 16. The meetup will kick off with a panel which will discuss the recent regulatory environment and proposed BitLicense, focusing on how startups and individuals can best work within these regulations. Following the panel will be a 20 minute in-person Q+A session with Gavin Andresen, Chief Scientist of the Bitcoin Foundation. The panel includes: Elizabeth Stark, Founder of StartBitcoin Juan Suarez, Coinbase legal affairs Constance Choi, Founder of Digital Asset Transfer Authority Alex Fowler, Co-Founder of Blockstream The panel moderator will be the one and only Taariq Lewis, Founder of DigitalTangible and organizer of SF Bitcoin Devs. There will also be 1-minute long lighting […]

The post [Live Video Stream] SF Bitcoin meetup at Geekdom appeared first on Bitcoin Magazine.

Posted on 12 December 2014 | 5:07 pm

Huge Bitcoin Marketplace OneWallet.io Launches With Wide Range of Products

  Bitcoin Press Release: CoinsForTech – a Bitcoin company that has processed over $600 000 USD of cryptocurrency transactions – has just announced the launch of their new online marketplace and Bitcoin wallet: OneWallet.io. Australian based CoinsForTech has launched a remarkable shopping portal for Bitcoin users just in time for the Christmas holidays. An impressive amount of merchants have registered for the platform with most touting worldwide shipping and ultra-competitive pricing.  Over 600 products are already available for purchase, ranging from electronics, fragrances, clothing, make-up, watches, Bitcoin miners and much more. The marketplace, OneWallet.io, boasts a similar business model to eBay and was created with the belief that buying and selling could be improved using a global, non-discriminatory payment system […]

The post Huge Bitcoin Marketplace OneWallet.io Launches With Wide Range of Products appeared first on Bitcoin Magazine.

Posted on 9 December 2014 | 3:26 pm

15% Off Any Steam Game at Hyperbundle.com With Cryptocurrency HYPER

Alinamedia.com – a Swedish web development firm currently building a new cryptocurrency exchange platform – has announced the launch of Hyperbundle.com offering 15% off any steam game code . Run by avid gamers and cryptocurrency enthusiasts Hyperbundle proudly accepts HYPER only for any and all game purchases. HyperBundle is the first webstore made for HYPER only and is a simple and innovative game store where users can purchase Steam game codes and more. As there are no chargebacks and fraud with HYPER, almost zero transaction fees, and instant payments; Hyperbundle pass on these savings direct to customers. Gamers worldwide can order Steam game codes from any IP address they like. Say goodbye to the lengthy and tiresome anti-fraud procedures legacy Steam […]

The post 15% Off Any Steam Game at Hyperbundle.com With Cryptocurrency HYPER appeared first on Bitcoin Magazine.

Posted on 9 December 2014 | 3:25 pm

Bitcoin Alternative FibreCoin Launches FibreLock, Anonymous ZeroTrust And Secure Operating System Fibre OS

Innovative Bitcoin alternative FibreCoin has in just eight weeks launched several exclusive safety features; their most recent project ZeroTrust offers an exclusive end to end privacy solution now available to the public. Among Fibre’s other innovations to optimize security for cryptocurrency adopters are FibreConnect, FibreDark, FibreOS and FibreLock to combat keyloggers by using a security pattern similar to that used for Android. FibreCoin is a Proof-of-Stake (PoS) cryptocurrency allowing FibreCoin adopters to enjoy ongoing hands-off profits when storing FibreCoins in the wallet. Fibre is a part of Blocknet and implements Dark Gravity Wave for difficulty re-target, a block speed of 60 seconds and 5% PoS annual interest. FibreCoin has met with large early success and is already accepted on six […]

The post Bitcoin Alternative FibreCoin Launches FibreLock, Anonymous ZeroTrust And Secure Operating System Fibre OS appeared first on Bitcoin Magazine.

Posted on 8 December 2014 | 2:09 pm

Decentralized Markets Kills E-commerce Stars: OpenBazaar

Last week I spoke with Mr. Knuckle, the developer of the decentralized market “NXT FreeMarket.” Now I’m pleased to interview Angel Leon and Brian Hoffman, developers of “OpenBazaar,” another disruptive decentralized market. Ferdinand Reyes: First of all, can you explain to me which are the possibilities and how OpenBazaar works? Angel Leon: It wasn’t until the birth of Bitcoin that electronic decentralized commerce was possible. In July 2001 the fall of Napster gave birth to a revolution in peer to peer file sharing, the technology sector learned the dangers of censorship and several peer to peer file sharing protocols were born: Gnutella, Fast Track, eDonkey, Direct Connect and ultimately BitTorrent. The peer to peer file sharing community always knew that […]

The post Decentralized Markets Kills E-commerce Stars: OpenBazaar appeared first on Bitcoin Magazine.

Posted on 29 November 2014 | 3:04 pm

Bitcoin Alternative Opal Announces Opal Drive Encrypted File Storage Powered by Cryptocurrency

Bitcoin Press Release: Privacy focused cryptocurrency Opal announces the development and future release of encrypted cloud storage platform Opal Drive. This comes on the heels of previous developments such as introducing the Opal Marketplace. In its continued effort to build the legitimacy and usability of cryptocurrencies in the world outside of Bitcoin, Opal has spent the last several weeks developing its unique encrypted file cloud storage platform. Pairing its development with another cryptocurrency Storj, Opal is proving that seemingly impossible goals can be achieved through cooperation. Cryptocurrency Opal will continue to seek new and innovative ways of using the latest technological innovations; whether it be through their own development or those of their future partners. As technology grows and the […]

The post Bitcoin Alternative Opal Announces Opal Drive Encrypted File Storage Powered by Cryptocurrency appeared first on Bitcoin Magazine.

Posted on 27 November 2014 | 11:36 pm

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

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

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

December 17, 2014 -
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