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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

Winklevoss twins seek to create regulated bitcoin exchange - SFGate


SFGate

Winklevoss twins seek to create regulated bitcoin exchange
SFGate
Bitcoin, the virtual currency that was once the talk of the financial world, has been taking a beating over the past year with the price tumbling. Now two of the biggest boosters of the virtual currency, Cameron and Tyler Winklevoss, are trying to firm ...
Winklevoss twins pitch their bitcoin ETF to gold bugsMarketWatch
Winklevoss twins expect first quarter debut of bitcoin exchangeReuters
Another security-focused bitcoin site launchesThe Hill
Bloomberg -Mashable
all 103 news articles »

Posted on 26 January 2015 | 6:16 pm

Volatility, Deflation and Manipulation: A Response to Bitcoin's Critics

Criticisms from bitcoin pundits in the press almost always boil down to a few common misconceptions, argues Jon Matonis.

Posted on 26 January 2015 | 2:05 pm

The First US Bitcoin Exchange Is Now Open - TIME


TIME

The First US Bitcoin Exchange Is Now Open
TIME
Coinbase, a startup backed by $106 million in investor funding, has opened the first bitcoin exchange inside U.S. borders, the Wall Street Journal reports. The new venture is to the first to let users buy and sell bitcoin with a company based in the ...
First US-based Bitcoin exchange opensCNNMoney
First US bitcoin exchange opens for businessUSA TODAY
Coinbase to launch first licensed U.S. Bitcoin exchangePCWorld
The Week UK -Boston Globe
all 177 news articles »

Posted on 26 January 2015 | 12:31 pm

Bitcoin Ransomware Now Spreading via Spam Campaigns

Security firms McAfee and Symantec have issued warnings on CTB-Locker – bitcoin-demanding ransomware that is now being propagated via spam.

Posted on 26 January 2015 | 10:36 am

UK Bank Closes Safello Accounts 6 Weeks After Entering Partnership

Only six weeks after bitcoin exchange Safello announced local deposit options for UK customers, the firm's banking partner is closing its accounts.

Posted on 26 January 2015 | 9:44 am

Coinbase, first regulated US bitcoin exchange, opens - New York Post


New York Post

Coinbase, first regulated US bitcoin exchange, opens
New York Post
Bitcoin, the cybercurrency beset by controversy and wild swings in its value, got a huge boost on Monday when the first regulated US exchange opened. The exchange, San Francisco-based Coinbase, is licensed to do business in 25 states — including New ...

Posted on 26 January 2015 | 9:32 am

Coinbase's US Bitcoin Exchange Opens Doors to Traders

Coinbase's much-anticipated US exchange is now live to consumers in 24 US states.

Posted on 26 January 2015 | 8:36 am

Markets Weekly: Price Crosses $300 Following Coinbase News

While the bitcoin price may have taken a beating recently, it appears to be bouncing back, having crossed the $250 and $300 mark in quick succession.

Posted on 26 January 2015 | 6:37 am

Advertise with Anonymous Ads

Bitcoin gets first regulated US exchange - CNBC


CNBC

Bitcoin gets first regulated US exchange
CNBC
San Francisco-based Coinbase offers storage services for bitcoin users, and the company is set to open a new exchange on Monday morning. Called Lunar, it will have regulatory approval in half of the states in the U.S., according to a report in the Wall ...

Posted on 26 January 2015 | 6:09 am

The First Licensed US Bitcoin Exchange Will Open Today - Gizmodo


Gizmodo

The First Licensed US Bitcoin Exchange Will Open Today
Gizmodo
The bitcoin service provider Coinbase is set to make history later today: it's going to launch the first licensed U.S. exchange for the currency, approved in 24 jurisdictions around the country. Until now, Coinbase has acted as a brokerage for bitcoin ...

Posted on 26 January 2015 | 2:02 am

How Anonymous is Bitcoin? A Backgrounder for Policymakers - CoinDesk


CoinDesk

How Anonymous is Bitcoin? A Backgrounder for Policymakers
CoinDesk
Adam Ludwin co-founded Chain.com, a bitcoin developer platform. Prior to Chain, Adam was a venture investor in companies including Vine, Slack, Kik, and Paperless Post. In this article, he addresses the distinction between privacy and anonymity in bitcoin.

Posted on 25 January 2015 | 6:44 pm

Coinbase Secures Approval to Launch Regulated US Bitcoin Exchange

Coinbase is set to launch a US bitcoin exchange already approved by 50% of state regulators on Monday.

Posted on 25 January 2015 | 4:15 pm

First US Bitcoin Exchange Set to Open - Wall Street Journal


Wall Street Journal

First US Bitcoin Exchange Set to Open
Wall Street Journal
The virtual currency bitcoin is getting a very real boost on Monday with the opening of the first licensed U.S. exchange. Coinbase Inc., a startup backed by $106 million from the New York Stock Exchange, banks and venture-capital firms, said its ...

Posted on 25 January 2015 | 2:37 pm

How Anonymous is Bitcoin? A Backgrounder for Policymakers

Bitcoin, less private than credit or debit transactions, is generally anonymous. Here are some distinctions between privacy and anonymity in bitcoin.

Posted on 25 January 2015 | 6:45 am

Searching for a Cryptocurrency Security Standard

Bitcoin companies continue to take a hammering from hackers. Where should they look for better security practices?

Posted on 25 January 2015 | 4:15 am

Fred Wilson: Blockchain Applications Still Biggest Opportunity in Bitcoin

CoinDesk speaks to USV principal Fred Wilson about his firm's recent investment in Coinbase and larger investment philosophy for the industry.

Posted on 24 January 2015 | 11:22 am

Review: Haasbot 2.0 Brings Automated Trading to the Next Level

CoinDesk reviews Haasbot 2.0, a sophisticated trading bot suite designed for bitcoin trading professionals.

Posted on 24 January 2015 | 10:31 am

Gallery: Bitcoin Industry Cuts Loose at Miami Conference

The North American Bitcoin Conference, held in Miami last week in, remains a biannual staple of the bitcoin conference calendar year.

Posted on 23 January 2015 | 12:20 pm

How Bitcoin Compares to Fiat Currency’s House of Cards

Double standards are like mosquitoes to me: after hearing their buzz for a while, I want nothing more than to shine a flashlight their way and swat them down mercilessly. One such double standard is the harsh way in which economists and commentators criticize Bitcoin technology, while at the same time taking for granted the financial system that they live under every day. Yes, the value of Bitcoin and other cryptocurrencies is very volatile still, and the ecosystem that develops around them has been a Wild West so far. But in the six years of Bitcoin’s existence, the underlying technology—decentralized and open source in nature—has proven itself to be extremely robust and constantly evolving. Bad computer code is replaced over […]

The post How Bitcoin Compares to Fiat Currency’s House of Cards appeared first on Bitcoin Magazine.

Posted on 23 January 2015 | 10:21 am

DigitalBTC Inks Deal With Spondoolies-Tech to Expand Mining Operation

Australian bitcoin company digitalBTC is expanding its mining capacity and entering a new contract with data centre provider Verne Global. The company said it is acquiring new bitcoin mining hardware from manufacturer Spondoolies-Tech, although the exact details were not revealed. DigitalBTC did say, however, that the new hardware will expand its processing capacity by approximately 40% for […]

Posted on 23 January 2015 | 6:24 am

Payment Processor EgoPay Confirms Hack, Insider Suspected

Third-party payment processor EgoPay suffered a hack in late December, the company has confirmed in a blog post.

Posted on 23 January 2015 | 4:36 am

OKCoin CEO Star Xu: Bitcoin’s Price Depends on User Growth

CoinDesk speaks to OKCoin CEO Star Xu about his leading BTC/CNY exchange's new push to promote "real bitcoin use" in China and abroad.

Posted on 22 January 2015 | 4:42 pm

Braintree Activates Bitcoin Payments for US Merchants

Merchants who use the payments software platform Braintree in the US can enable bitcoin payments through Coinbase from today.

Posted on 22 January 2015 | 11:10 am

BitFury Eyes Bitcoin Mining Advantage With Immersion Cooling Acquisition

BitFury Group has signed an agreement to acquire technology cooling solutions provider Allied Control.

Posted on 22 January 2015 | 9:00 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

Bitcoin Magazine Joins the Growing BTC Media Family

Bitcoin Magazine Is Better than Ever! Bitcoin Magazine is the oldest surviving media outlet in the cryptocurrency industry, dating back to its launch in 2012 (eons ago in Bitcoin time). Bitcoin Magazine has been there covering the highs and lows of the Bitcoin revolution, and to many of us it provided our first exposure to the future of money. More than anything, Bitcoin Magazine has been a resource and voice for the Bitcoin community at large–representing the most diverse groups of individuals in commerce today. However, as Bitcoin has grown from a nascent technology to a financial juggernaut, the magazine has faced challenges scaling itself to the ever-increasing needs of its core community, not to mention its expanding rings of […]

The post Bitcoin Magazine Joins the Growing BTC Media Family appeared first on Bitcoin Magazine.

Posted on 15 January 2015 | 11:41 am

Last Issues of Original Bitcoin Magazine on Sale Now!

Check out the Bitcoin Magazine Store, where you’ll find special values on single and bundled back issues of the authentic voice of the cryptocurrency community. Take advantage of the last remaining artifacts of the original Bitcoin Magazine–offering you a limited-time opportunity to complete your magazine collection and own a piece of Bitcoin history. As a gift to the Bitcoin community, we’ve also made all past issues available for download as DRM-free, pay-what-you-want PDFs.

The post Last Issues of Original Bitcoin Magazine on Sale Now! appeared first on Bitcoin Magazine.

Posted on 15 January 2015 | 11:39 am

A Letter to the Bitcoin Magazine Subscribers

January 21, 2015 My name is David Bailey, CEO of BTC Media LLC (better known as publisher of yBitcoin magazine), and I’m very proud to announce that we’ve officially acquired Bitcoin Magazine! I wanted to let you know first, prior to our official press release, in appreciation of your loyalty to Bitcoin Magazine. As you know, Bitcoin Magazine is the oldest media outlet in the entire cryptocurrency industry, dating back to its launch in 2012 (eons ago in Bitcoin time). Bitcoin Magazine has been there covering the highs and lows of the Bitcoin revolution, and to many of us it provided our first exposure to the future of money. More than anything, Bitcoin Magazine has been a resource and voice […]

The post A Letter to the Bitcoin Magazine Subscribers appeared first on Bitcoin Magazine.

Posted on 15 January 2015 | 11:26 am

Why Bitcoin Has Value

We all have what feels like an intrinsic understanding of value, though it is actually learned as we come to know our world. A gold bar has value, an empty soda can, not so much. When we encounter new things it’s usually fairly easy to assess what kind of value they might hold, but Bitcoin is a different beast. Bitcoin is harder to define and understand, and for many beginning Bitcoiners the question of value is one of the most puzzling. So why does Bitcoin have value? To begin, we really need to understand why anything has value. Fans of post-apocalyptic fiction will often point out that in the end, the only things of real value are those that sustain […]

The post Why Bitcoin Has Value appeared first on Bitcoin Magazine.

Posted on 15 January 2015 | 11:22 am

Microsoft accepts Bitcoin

Posted on 11 December 2014 | 5:06 am

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 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 26, 2015 -
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