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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

Bitcoin Foundation Plans New Nomination Process Before Elections

The Bitcoin Foundation is improving its corporate governance structures with ideas for new nomination procedures ahead of board elections.

Posted on 20 October 2014 | 5:38 pm

New Bitcoin exchange launches in Sydney - Sydney Morning Herald


Sydney Morning Herald

New Bitcoin exchange launches in Sydney
Sydney Morning Herald
The hype around digital currency Bitcoins continues to defy the expectations of investment professionals as another Australian-based exchange opens today, promising to give investors faster trading access than ever before. Bitcoin company, Independent ...
New bitcoin market launchedInvestorDaily
New Bitcoin Exchange Launched as Interest Rises in Digital Currency ...Broadway World
Independent Reserve Launches New Bitcoin Exchange to Capitalize on Rising ...Virtual-Strategy Magazine (press release)

all 6 news articles »

Posted on 20 October 2014 | 4:26 pm

Bitcoin ATM introduced at Baltimore bar - Daily Record (subscription)


Bitcoin ATM introduced at Baltimore bar
Daily Record (subscription)
With a quick flash of their smartphone, Fells Point bar-goers will be able to exchange their beer money for bitcoins. Bad Decisions, a bar in the Baltimore neighborhood of Fells Point, is offering patrons something unexpected: an ATM kiosk where people ...

Posted on 20 October 2014 | 3:05 pm

Coinprism Releases Colored Coins Android App for Mobile Asset Transfer

Coinprism is brining colored coins to Android users via the industry's first Crypto 2.0 standalone wallet.

Posted on 20 October 2014 | 1:20 pm

Bitcoin… We Are All The Blockchain

Bitcoin… we are all the blockchain Since the first great jump in Bitcoin’s exchange rate in early April 2013, speculative trade has stolen the limelight as the main Bitcoin story. Tweets of “To the moon!” echo like a rallying cry, selling what amounts to a collective vision statement. But what’s the vision? A respected VC assures us it’s “still headed to 10k” as if Bitcoin was a prize thoroughbred being written down by the Bookies, but still had a few Derbies left in her… Is that all this is about? Whatever one feels about the ‘profiteer mentality’ so evident across the Bitcoin movement, it is clear that without this driver, this long overdue financial systems innovation may not have taken […]

Posted on 20 October 2014 | 12:14 pm

21 Top Bitcoin and Digital Currency Companies Endorse New Digital Framework for Digital Identity, Trust and Open Data

October 20, 2014 10:40 ET 21 Top Bitcoin and Digital Currency Companies Endorse New Digital Framework for Digital Identity, Trust and Open Data CAMBRIDGE, MA–(Marketwired – Oct 20, 2014) – MIT Media Lab Spin-Out ID3 Spearheads Group to Build an Open Source Secure and Trusted Platform to Advance Digital Currency Transactions Group to Advance Global, Industry-Wide Initiative Based on Windhover Principles ID3 (Institute for Data Driven Design), a research nonprofit founded out of the MIT Media Lab, today teamed with nearly two dozen leading digital currency firms to announce theWindhover Principles, a new principles-based framework collaboratively written with public and private stakeholders to ensure secure personal identity, trust and access to shared open data on the Internet. Key advocacy and support […]

Posted on 20 October 2014 | 11:03 am

Asia's Largest Business Forum Shines Spotlight on Bitcoin - CoinDesk


CoinDesk

Asia's Largest Business Forum Shines Spotlight on Bitcoin
CoinDesk
A panel discussion and question-and-answer session devoted to bitcoin were included for the first time on the event's final day, organized in part by local company Coinplug and Professor Peter In, the Associate Dean of Korea University's Graduate ...

Posted on 20 October 2014 | 10:53 am

Asia's Largest Business Forum Shines Spotlight on Bitcoin

Bitcoin left its mark during panels at the World Knowledge Forum and Korea University's Bitcoin Expo in Seoul.

Posted on 20 October 2014 | 8:19 am

Bitcoin Derivatives Platform BTC.sx Partners With Asian Exchange itBit - CoinDesk


CryptoCoinsNews

Bitcoin Derivatives Platform BTC.sx Partners With Asian Exchange itBit
CoinDesk
The announcement comes at a time when bitcoin's exchange ecosystem is seeing an increasing number of exchanges embrace derivatives, swaps and other more advanced financial tools. OKCoin, for example, introduced margin trading to its platform in ...
Bitcoin Price Analysis: Advance To Proceed SlowlyCryptoCoinsNews
Bitcoin fluctuates around the $380-levelNASDAQ
Bitcoin Breaks the $380 Support. More Declines Ahead?FX Empire
Forex Market (blog) -LeapRate
all 15 news articles »

Posted on 20 October 2014 | 6:30 am

Bitnet Lands $14.5 Million Series A Funding to Rival Coinbase, BitPay

Bitnet is targeting large companies with its enterprise bitcoin payments solution and one retail giant is already on board.

Posted on 20 October 2014 | 6:29 am

Introducing – Just in Time Bitcoin

The term “Just in Time Inventory” was coined to refer to the efficiency businesses could gain by not tying up their funds in inventory that sat around on warehouse shelves until the product was needed. The problem of maintaining inventory is that it ties up cash you might otherwise need for productive uses. Sitting on shelves waiting to be purchased or used in assembly is not. New efficiency models started in the 1950s Japan to proceed with new processes and rules that aimed for perfect timing for all business operations. The term “Just in Time” was eventually popularized to be applicable at all points of the business process. Having your inventory days approach zero was the ultimate but, thought to be […]

Posted on 20 October 2014 | 6:20 am

Market Weekly: Bitcoin Price Serene Amid Market Turmoil - CoinDesk


Market Weekly: Bitcoin Price Serene Amid Market Turmoil
CoinDesk
Amazingly, I'm not talking about the bitcoin markets. Instead, US equity markets ended their most volatile trading week in years, with the benchmark Dow Jones Industrial Average down as much as 207 points on Friday and Brent crude oil falling below the ...

and more »

Posted on 20 October 2014 | 5:49 am

Market Weekly: Bitcoin Price Serene Amid Market Turmoil

Markets roiled around the world but the bitcoin price held steady last week, hovering close to $400.

Posted on 20 October 2014 | 5:39 am

Bitcoin Derivatives Platform BTC.sx Partners With Asian Exchange itBit

Derivatives platform BTC.sx is now offering its BTC/USD currency pair to users on itBit's bitcoin exchange platform.

Posted on 20 October 2014 | 5:00 am

Chinese Exchange Yuanbao Now Lets Customers Mortgage Their Bitcoin

Chinese exchange Yuanbao.com is now offering P2P lending, with borrowers using bitcoins and other digital assets as collateral.

Posted on 20 October 2014 | 4:22 am

BTC China Adds Mining Pool and Merchant Payment Services

BTC China has expanded its range of services to include a mining pool and payment processing for merchants.

Posted on 20 October 2014 | 2:14 am

Bitcoin hoard no remedy for negative cashflow - ZDNet


Bitcoin hoard no remedy for negative cashflow
ZDNet
Australian-listed bitcoin mining company Digital CC Limited, which trades as digitalBTC, has claimed cash reserves of AU$4.36 million at the end of September, but reported a negative net operating cash flow of AU$-261,000 for the quarter. The company ...
DigitalBTC Downplays Negative Cashflow in Q3 ReportCoinDesk

all 2 news articles »

Posted on 19 October 2014 | 11:19 pm

Gems Bitcoin App Lets Users Earn Money From Social Messaging - CoinDesk


Gems Bitcoin App Lets Users Earn Money From Social Messaging
CoinDesk
Peled compared Gems to Whatsapp, with one addition, the user's username is also an alias for their bitcoin address, an innovation that allows Gems users to send both bitcoin and gems, an in-app token that will effectively decentralize ownership of the ...

Posted on 19 October 2014 | 4:10 pm

Gems Bitcoin App Lets Users Earn Money From Social Messaging

Gems is seeking to disrupt the established social media business model through the power of crypto 2.0 technology.

Posted on 19 October 2014 | 1:20 pm

Why Bitcoin's Core Developers Want Multiple Versions

Bitcoin's development process isn't democratic, says its lead developer, but more options may benefit the Bitcoin Core.

Posted on 19 October 2014 | 10:26 am

Bitcoin Trader Customers Face Losses After Management Disappears - CoinDesk


International Business Times UK

Bitcoin Trader Customers Face Losses After Management Disappears
CoinDesk
The news marks the second time in recent weeks that the future of a well-known company in the bitcoin ecosystem has fallen into jeopardy, following the revelation that digital currency exchange Moolah would file for bankruptcy amid financial troubles.
Bitcoin Investment Firm Collapses Due to Alleged Hacking, Management ...International Business Times UK
Bitcoin-Trader Goes Rogue - HYIP ExposedCryptoCoinsNews
Bitcoin Trader Goes Belly-UpnewsBTC
Yahoo News UK -ForexMinute.com
all 8 news articles »

Posted on 19 October 2014 | 10:04 am

Bitcoin Trader Customers Face Losses After Management Disappears

The bitcoin arbitrage website, once prominent, has been shut down amid accusations of fraud.

Posted on 19 October 2014 | 9:11 am

The Math Behind Bitcoin

Looking under the hood of the bitcoin protocol helps give insight to the mathematical foundations of the digital currency.

Posted on 19 October 2014 | 7:08 am

Hedgy Hopes to Tackle Bitcoin Volatility Using Multi-Signature Technology

The startup wants to help merchants, investors and others avoid problems associated with bitcoin's unpredictable pricing behavior.

Posted on 18 October 2014 | 11:21 am

Why Brazil's Bitcoin Market is Struggling to Ignite

CoinDesk speaks to members of Brazil's bitcoin ecosystem to explore the challenges facing domestic startups.

Posted on 18 October 2014 | 9:23 am

Review: Bitcoin 'Vault' Trezor Lives Up to its Name

Hardware wallet Trezor offers an additional layer of security for users who maintain a substantial stash of bitcoin.

Posted on 18 October 2014 | 6:42 am

Robocoin Customers Report Trail of Late Deliveries After Reddit Exposé

A dissatisfied customer's public complaints about Robocoin's product and service has revealed similar problems from other customers.

Posted on 17 October 2014 | 4:20 pm

AlphaPoint Raises $1.35 Million to Build Intel for Bitcoin

AlphaPoint has raised $1.35m in new funding to internationalize its line of digital currency exchange solutions.

Posted on 17 October 2014 | 1:30 pm

The Blacklist Debate: When is it OK to Meddle with Bitcoin's Code?

A developer who blacklisted gambling websites with custom bitcoin code has raised tempers, and a few interesting questions.

Posted on 17 October 2014 | 10:13 am

Crowdfunding Platform Swarm Announces First Class of Startups

Swarm is to launch with five startups, including the developers of smart drones, governance software and decentralized dance parties.

Posted on 17 October 2014 | 9:36 am

Bitcoin, Going Native

We all know that bitcoin is decentralized electronic money that runs on a network that can do all kinds of interesting things. The key question is, what can you do with bitcoin that you can’t do with anything else? What does it mean when bitcoin goes native? Note that the term “native” applied to bitcoin is due to Fred Wilson (a venture capitalist based in New York) and expanded upon by Chris Dixon (another venture capitalist based in San Francisco).  Wilson writes (in The Bitcoin Hype Cycle): “What’s more interesting is the question of what will lead us onto the slope of enlightenment? I am thinking that we will start to see native applications of Bitcoin. These would be things […]

Posted on 17 October 2014 | 6:25 am

Scammer McScammerson

How to spot a scam In the wake of this morning’s Bit-Trader.biz announcement, I thought it was time to finally write an article about spotting scams. I’ve been “doing” Bitcoin fo-re-ver. You haven’t heard of me because, for the most part, I’m a lurker – and I like it that way. But recently, I’ve come out of the closet a bit more loudly in public. For a little background on me … I’m a marketer. I have handled large brands, small brands, and everything in between. Nowadays, I run my own home security company, Alarm Grid. I’m the director of marketing and an avid Bitcoiner. Those are probably the two activities that I spend the most time on these days. […]

Posted on 16 October 2014 | 4:57 pm

A (Working!) Web Broadcast from Space: Interview with Outernet

Thane Richard of Outernet is chatting with me while in a coffee shop (on the anonymous peer-to-peer chat platform Talky). His car is being repaired at the mechanic next door—ah, the woes of the terrestrial world! Thane, what is Outernet? I think we should start by saying that there’s a pretty big problem—gap, disparity, whatever you want to call it—in the world right now, that not a lot of people are aware of. That’s that only about a third of humanity right now has access to the Internet. Four billion people cannot access the Internet, which is essentially an enormous library. The largest library ever built. And that library enables you to access so much valuable information that everyday, people […]

Posted on 16 October 2014 | 9:00 am

Bitcoin: A Network of Peace for the Islamic State

As long as we have had something to believe in, there has been mass manipulation. As long as we have had finite resources, there has been war. As long as there has been war, we have had the dream of peace. There is only one thing separating dreams from reality: Action. Rarely do we meditate, as a community deeply involved in Bitcoin, on the impact we can have to positively evolve the very issues the mass media has taken so kindly to attribute to Bitcoin as a technology. Has Bitcoin been the cause of criminal activities, or has Bitcoin caused complete exploitation of criminal activities which have been evolving under the surface of economic life throughout the history of financial […]

Posted on 16 October 2014 | 8:27 am

Why Russia Hates Bitcoin but Might Love the ApplePay

You have to hand it to the world’s unofficial richest man – Russia’s Vladimir Putin. He’s running a covert financial war against the Western countries so successfully it makes US banks like JP Morgan look like stooges. The Russian covert underground cyber-army is taunting banks and has become so confident in their abilities they can brag about them before they even pull off their cyber-tricks. The newly reported  K-Mart hack attack was just announced recently but the actual intrusion was already several weeks old. For the Russian mafia – it’s like taking candy from a baby. They can handle their army of hackers like puppets on strings. What can the US do in return? What is the best weapon the […]

Posted on 16 October 2014 | 8:19 am

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MINTCOMBINE LAUNCHES A WORLD FIRST: “Beyond Bitcoin Expert Calling Network” Demystifies Bitcoin, DIGITAL CURRENCIES AND THE BLOCKCHAIN FOR INDIVIDUALS, SMBS AND NONPROFITS.

New York City, NY (October 15, 2014) Launching today, The Beyond Bitcoin Expert Calling Network,(BBECN) is an innovative new service that provides access to thought-leaders and experts, covering a wide range of the Bitcoin ecosystem. It is the world’s first expert calling network devoted to all things Bitcoin – including Altcoins and Blockchain applications – and features well-known experts who speak around the nation, and the world, on the subject. Bitcoin and the Blockchain may be the most important innovations since the introduction of the Internet. Many businesses, as well as the general public, want to understand this disruptive technology. The BBECN is a web-based service that allows anyone to speak directly to leading authorities in Bitcoin and related digital assets […]

Posted on 15 October 2014 | 2:06 pm

Inside Bitcoins Heads to Israel in Less Than 1 Week – Get 10% OFF

Inside Bitcoins Conference & Expo, the leading trade show for the fast-growing bitcoin and related cryptocurrency, will be launching in Israel later this month after successful events earlier this year in Berlin, New York, Hong Kong, Melbourne, London, and Las Vegas. From October 19-20, thought leaders, virtual currency experts and business visionaries will converge at Kfar Maccabiah Convention Center to lead a discussion on the first digital, decentralized, peer-to-peer based global currency. Whether you’re a venture capitalist, lawyer, technologist, or entrepreneur, the conference agenda offers a diverse and exciting array of topics that shed light on the implications of bitcoin, along with predictions on the opportunities and challenges that lie ahead. Featured speakers include: Peter Todd, Bitcoin Core Developer Meni […]

Posted on 14 October 2014 | 4:37 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 taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

Bitcoin v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Mt.Gox Bankcrupty Protection

Posted on 28 February 2014 | 8:39 am

Added Bitcoin Central to bitcoincharts.com

Posted on 26 February 2014 | 3:21 pm

Problem with transactions

Posted on 10 February 2014 | 6:07 am

October 20, 2014 -
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