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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

75% of IoT Firms Want to Add Blockchain: Survey

A majority of those companies using Internet of Things technology has adopted, or is considering adopting, blockchain.

Posted on 13 December 2019 | 9:27 pm

Accenture Picked to Build Sweden’s E-Krona Digital Currency Pilot

Sweden has picked Accenture to handle its e-krona digital currency pilot.

Posted on 13 December 2019 | 9:03 pm

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Highest in 2 Years: 65% of Bitcoin Hash Power Is in China, Report Finds

For all of bitcoin’s promise of being the world’s first decentralized, peer-to-peer cryptocurrency, 65 percent of the total hash power resides in China, according to a recent report by CoinShares Research.

Posted on 13 December 2019 | 8:28 pm

Why the ECB Is Getting in on the Stablecoin Game

Discussing the ECB's recent stablecoin comments, the resurfacing of some prominent 2017 token projects and a debate: Is crypto for criminals?

Posted on 13 December 2019 | 8:00 pm

VeChain Foundation Hacked for $6.5M in VET Token Theft

A VeChain buyback wallet containing 1.1 billion VET was compromised by an unknown hacker, the firm said Friday.

Posted on 13 December 2019 | 7:20 pm

It’s Time to Walk-the-Talk on Decentralized Governance

Truly decentralized governance needs to take input from all stakeholders, which requires strong personalities to share the podium.

Posted on 13 December 2019 | 6:00 pm

MARKETS DAILY: Russian Drugs and The Most Illegal ICO Ever?

With bitcoin recovering after four straight days of decline we're talking about what may be the most illegal ICO ever, tokens for Mongolian taxi fares, Bitmain’s Texas hedge and one "suicidal" startups surprising success...

Posted on 13 December 2019 | 5:27 pm

German Bank Launches Digital Assets Unit to Offer Custody Products

Berlin-based solarisBank has opened a subsidiary to offer a white-labeled custody product to nonbanks interested in offering crypto products.

Posted on 13 December 2019 | 4:25 pm

Hodl Hodl Launches Exchange API

With the release of the Hodl Hodl exchange API, Venezuelan BTC price discovery platform Yadio and bitcoin wallet BlueWallet now integrate it.

The post Hodl Hodl Launches Exchange API appeared first on Bitcoin Magazine.

Posted on 13 December 2019 | 4:00 pm

Can ‘Dogfooding’ Altcoins Find Real Users in 2020?

Dogfooding - or using your own product - is normal among crypto startups. Is it indicative of a lack of real demand?

Posted on 13 December 2019 | 4:00 pm

New York Attorney General Calls Bitfinex’s Legal Stance ‘Deeply Perverse’ in New Filing

In a sharply worded brief, the New York Attorney General's Office has criticized the exchange's tactics in its case involving the Tether stablecoin's backing.

Posted on 13 December 2019 | 3:30 pm

What DeFi Needs Next Year: Three Priorities

DeFi took off this year but it remains a small deal in the scheme of things. Here's how that changes.

Posted on 13 December 2019 | 1:30 pm

Bitcoin’s Best Ally Is Just Time: Pompliano

Pomp talks Libra, why bank-issued coins are scary, and why this time is both different and not different.

Posted on 13 December 2019 | 12:00 pm

Bitcoin Risks Deeper Drop After Shallow Price Bounce

Bitcoin is again looking weak, having charted a lackluster bounce from two-week lows in the last 24 hours.

Posted on 13 December 2019 | 11:15 am

This Token Project Offered to Shut Down. Its Market Cap Shot Up $10M

Should DigixDAO completely dissolve its treasury or keep making grants to enhance the ecosystem? That's the question for token holders to decide.

Posted on 13 December 2019 | 10:30 am

Stablecoin Startup Terra Expands to Mongolia With Taxi Payment Service

Terra is partnering with a Mongolian taxi company to let residents pay for rides using a stablecoin.

Posted on 13 December 2019 | 9:00 am

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US Authorities Allege SIM-Swapping Thief Bought Music Royalties, Jewelry With Crypto

Court documents allege that Pennsylvania resident Anthony Faulk hijacked a crypto company executive's phone, stealing crypto and using the proceeds for an expensive watch, music royalties, jewelry and a house.

Posted on 13 December 2019 | 4:08 am

Enterprise Blockchain on … Bitcoin? Bitfury Is Giving It a Go With Exonum

With Exonum Enterprise, Bitfury wants to combine the control of a private blockchain with the assurances of Bitcoin’s public chain.

The post Enterprise Blockchain on … Bitcoin? Bitfury Is Giving It a Go With Exonum appeared first on Bitcoin Magazine.

Posted on 11 December 2019 | 7:02 pm

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Podcast: Chainalysis’ Chief Economist on the Data Behind Blockchain Forensics

The work of blockchain analysis companies like Chainalysis isn’t always welcomed by privacy advocates. But for Bitcoiners, this work is worth watching.

The post Podcast: Chainalysis’ Chief Economist on the Data Behind Blockchain Forensics appeared first on Bitcoin Magazine.

Posted on 11 December 2019 | 4:14 pm

Bitcoin and Gift Cards Are Powering a Million Dollar Remittance Market in Africa

How Nigeria’s $32.5 Million Plan B Is Taking Shape

The post Bitcoin and Gift Cards Are Powering a Million Dollar Remittance Market in Africa appeared first on Bitcoin Magazine.

Posted on 11 December 2019 | 4:10 pm

Op Ed: Quantum Computing, Crypto Agility and Future Readiness

Crypto agility relates to the ease (or lack thereof) with which cryptosystems can be replaced in existing systems in a (potential) post-quantum computing era. Best to be prepared.

The post Op Ed: Quantum Computing, Crypto Agility and Future Readiness appeared first on Bitcoin Magazine.

Posted on 10 December 2019 | 8:16 pm

Nayuta Launches Hybrid Full Node/SPV Mobile Bitcoin Wallet

Nayuta’s new mobile Lightning bitcoin wallet uses a novel full node/SPV validation model which accounts for all portable needs.

The post Nayuta Launches Hybrid Full Node/SPV Mobile Bitcoin Wallet appeared first on Bitcoin Magazine.

Posted on 10 December 2019 | 7:53 pm

What The Charts Say About Bitcoin - Forbes

What The Charts Say About Bitcoin  Forbes

Posted on 10 December 2019 | 2:00 pm

Op Ed: Bringing DeFi to Bitcoin Opens Up New Frontiers

Bringing bitcoin to DeFi could have a profound impact on the growth of DeFi tools, users and mainstream acceptance.

The post Op Ed: Bringing DeFi to Bitcoin Opens Up New Frontiers appeared first on Bitcoin Magazine.

Posted on 9 December 2019 | 10:02 pm

Echo Launches Bitcoin Sidechain, a Weighted Approach to More Functionality

The DApp network Echo has launched its Bitcoin sidechain in testnet, which uses a “weighted randomness” consensus mechanism to build new functionality.

The post Echo Launches Bitcoin Sidechain, a Weighted Approach to More Functionality appeared first on Bitcoin Magazine.

Posted on 9 December 2019 | 4:41 pm

Bitcoin Addresses With Any Balance Hit All-Time High

We explore the possible reasons behind a new all-time high in the number of Bitcoin addresses that hold at least 1 satoshi.

The post Bitcoin Addresses With Any Balance Hit All-Time High appeared first on Bitcoin Magazine.

Posted on 9 December 2019 | 2:41 pm

Surprise! Millennials Embrace Bitcoin While Boomers, Gen-Xers Hold Traditional Wealth

A recent report from Charles Schwab indicates that Millennials are embracing bitcoin — a trend that plays into a larger narrative of America’s generational wealth gap.

The post Surprise! Millennials Embrace Bitcoin While Boomers, Gen-Xers Hold Traditional Wealth appeared first on Bitcoin Magazine.

Posted on 6 December 2019 | 5:59 pm

Bitcoin: Why You Need It - Forbes

Bitcoin: Why You Need It  Forbes

Posted on 6 December 2019 | 4:17 pm

For “My Cause My Cleats” Design, Russell Okung Sports BTCPay Server

The NFL’s biggest Bitcoin spokesperson, Russell Okung, will wear cleats advertising BTCPay in his next game.

The post For “My Cause My Cleats” Design, Russell Okung Sports BTCPay Server appeared first on Bitcoin Magazine.

Posted on 5 December 2019 | 6:32 pm

Video: Justin S. Wales on How the First Amendment Protects Bitcoin

Justin S. Wales, senior council at Carlton Fields, discusses his recent research paper and how the First Amendment protects the Bitcoin network.

The post Video: Justin S. Wales on How the First Amendment Protects Bitcoin appeared first on Bitcoin Magazine.

Posted on 4 December 2019 | 10:46 pm

Leveraging Lightning, Bitfinex Users Can Now Shop at Bitrefill

Bitfinex users can now shop at Bitrefill straight from their trading environment on bitfinex.com, and the two have established a Lightning channel.

The post Leveraging Lightning, Bitfinex Users Can Now Shop at Bitrefill appeared first on Bitcoin Magazine.

Posted on 4 December 2019 | 10:00 am

Bitcoin Mining in North America: A New Gold Rush in the New World

Where, why and how bitcoin mining operations are emerging.

The post Bitcoin Mining in North America: A New Gold Rush in the New World appeared first on Bitcoin Magazine.

Posted on 3 December 2019 | 7:30 pm

The Nonprofit Push to Make Giving Tuesday About Giving Bitcoin

A bitcoin payment processor for nonprofits and charities wants hodlers to focus on #GivingBitcoin during Giving Tuesday.

The post The Nonprofit Push to Make Giving Tuesday About Giving Bitcoin appeared first on Bitcoin Magazine.

Posted on 3 December 2019 | 12:00 pm

Video: Bitfinex CTO Paolo Ardoino on Adding Lightning Network Support

Bitfinex CTO Paolo Ardoino talks about the challenges and expectations for the exchange’s recent integration of Lightning Network deposits and withdrawals.

The post Video: Bitfinex CTO Paolo Ardoino on Adding Lightning Network Support appeared first on Bitcoin Magazine.

Posted on 2 December 2019 | 11:30 pm

Does Bitcoin Need Accounts? One Developer Thinks So, and He Figured Out How

Developer Femenías’ Easypaysy proposal for Bitcoin accounts could improve the user experience significantly, enabling non-repudiation, recurring payments and more.

The post Does Bitcoin Need Accounts? One Developer Thinks So, and He Figured Out How appeared first on Bitcoin Magazine.

Posted on 2 December 2019 | 2:08 pm

Op Ed: Why We Can All Feel Thankful for Bitcoin

Why should we feel thankful for Bitcoin? Vlad Costea reflects on how it has changed our views on finance, politics, law and economics.

The post Op Ed: Why We Can All Feel Thankful for Bitcoin appeared first on Bitcoin Magazine.

Posted on 28 November 2019 | 4:01 pm

Op Ed: Want to Learn About Bitcoin? Try Contributing a Transcript

Contributing to or reading the archive of transcripts maintained by Bryan Bishop (kanzure) can be highly valuable and educational.

The post Op Ed: Want to Learn About Bitcoin? Try Contributing a Transcript appeared first on Bitcoin Magazine.

Posted on 26 November 2019 | 6:37 pm

Do Bitcoin Companies Need a Code of Conduct?

Best practices aren’t very cypherpunk, but they might help adoption.

The post Do Bitcoin Companies Need a Code of Conduct? appeared first on Bitcoin Magazine.

Posted on 25 November 2019 | 6:41 pm

Podcast: Catherine Coley on Launching and Operating Binance.US

In this episode of the Bitcoin Magazine Podcast, Dave Hollerith interviews Catherine Coley, CEO of Binance.US about competitive and regulatory hurdles.

The post Podcast: Catherine Coley on Launching and Operating Binance.US appeared first on Bitcoin Magazine.

Posted on 25 November 2019 | 4:25 pm

YouTube Demonetizing Your Content? Bitcoin Fixes This

With YouTube poised to penalize a broad array of videos, content creators can use these five steps to monetize their work with bitcoin.

The post YouTube Demonetizing Your Content? Bitcoin Fixes This appeared first on Bitcoin Magazine.

Posted on 25 November 2019 | 2:30 pm

Fold App Emerges From Beta, Adds Delta, Domino’s and Others for Sats-Back Rewards

Fold, a sats-back app that leverages the Lightning Network, is now available for anyone to use, with new merchants added just in time for Black Friday.

The post Fold App Emerges From Beta, Adds Delta, Domino’s and Others for Sats-Back Rewards appeared first on Bitcoin Magazine.

Posted on 25 November 2019 | 2:00 pm

Bitcoin Core 0.19.0 Released: Here’s What’s New

The latest major release for Bitcoin, Bitcoin Core 0.19.0, includes a range of performance improvements, modernizations and bug fixes.

The post Bitcoin Core 0.19.0 Released: Here’s What’s New appeared first on Bitcoin Magazine.

Posted on 24 November 2019 | 4:16 pm

Op Ed: HODLing Bitcoin? Cold Storage Is Worth the Extra Effort

In this op ed, Maciej Cepnik explores the concept of cold storage, an increasingly popular method to hold bitcoin safely.

The post Op Ed: HODLing Bitcoin? Cold Storage Is Worth the Extra Effort appeared first on Bitcoin Magazine.

Posted on 21 November 2019 | 11:44 pm

Compute North Announces Nebraska Colocation Center for Bitcoin Mining

Compute North’s latest and largest colocation center will provide 100 megawatts of power in Nebraska with bitcoin mining clients in mind.

The post Compute North Announces Nebraska Colocation Center for Bitcoin Mining appeared first on Bitcoin Magazine.

Posted on 21 November 2019 | 4:01 pm

Binance.US and Tagomi Partner to Offer Institutional Liquidity and Access

The partnership will give Tagomi’s institutional clients access to Binance.US trading pairs, including BTC, and furnish Binance.US with more liquidity.

The post Binance.US and Tagomi Partner to Offer Institutional Liquidity and Access appeared first on Bitcoin Magazine.

Posted on 21 November 2019 | 3:46 pm

Video: Bruce Fenton on the Bitcoin Foundation, Satoshi Roundtable and Scaling

Satoshi Roundtable organizer and long-time Bitcoin advocate Bruce Fenton discusses his early days in Bitcoin, scaling debates and outlook on privacy.

The post Video: Bruce Fenton on the Bitcoin Foundation, Satoshi Roundtable and Scaling appeared first on Bitcoin Magazine.

Posted on 21 November 2019 | 2:46 pm

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Op Ed: Equity Funding Is Still a Good Old-Fashioned Way to Raise Capital

In this op ed, Josh Scigala examines ICOs, token sales and crowdfunding, and takes us through the forgotten art of raising capital by selling equity.

The post Op Ed: Equity Funding Is Still a Good Old-Fashioned Way to Raise Capital appeared first on Bitcoin Magazine.

Posted on 20 November 2019 | 9:47 pm

ShapeShift Is Launching a Token for Free Cryptocurrency Trading

ShapeShift is launching the FOX token, which will give holders access to fee-free cryptocurrency trading and potentially motivate more bitcoin investment.

The post ShapeShift Is Launching a Token for Free Cryptocurrency Trading appeared first on Bitcoin Magazine.

Posted on 20 November 2019 | 1:00 pm

Bitcoin Is Crashing Again - Forbes

Bitcoin Is Crashing Again  Forbes

Posted on 20 November 2019 | 8:00 am

Video: Connie Gallippi on BitGive and Bitcoin Charity

In this video interview, BitGive founder Connie Gallippi discusses the bitcoin-based charities longevity and appeal to HODLers.

The post Video: Connie Gallippi on BitGive and Bitcoin Charity appeared first on Bitcoin Magazine.

Posted on 18 November 2019 | 4:03 pm

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Cashaa Announces U.S. Dollar Bank Accounts for Cryptocurrency Firms

Cashaa has announced forthcoming dollar-based banking services for cryptocurrency companies based in the U.S., stepping in for traditional banks.

The post Cashaa Announces U.S. Dollar Bank Accounts for Cryptocurrency Firms appeared first on Bitcoin Magazine.

Posted on 15 November 2019 | 4:20 pm

SNICKER: How Alice and Bob Can Mix Bitcoin With No Interaction

SNICKER, a draft BIP, could allow for bitcoin mixing without any synchronization or interaction between users.

The post SNICKER: How Alice and Bob Can Mix Bitcoin With No Interaction appeared first on Bitcoin Magazine.

Posted on 14 November 2019 | 10:05 pm

Bitcoin Wallet Reviews: What’s the Best Hardware Wallet on the Market? Part 3

This third entry in our series reviewing the leading hardware bitcoin wallets on the market scrutinizes their privacy and security.

The post Bitcoin Wallet Reviews: What’s the Best Hardware Wallet on the Market? Part 3 appeared first on Bitcoin Magazine.

Posted on 14 November 2019 | 5:43 pm

With Open-Source Caravan Wallet, Unchained Wants to Make Multisig Mainstream

Unchained Capital has launched its Caravan bitcoin wallet, an open-source solution that wants to bring multisig security to the masses.

The post With Open-Source Caravan Wallet, Unchained Wants to Make Multisig Mainstream appeared first on Bitcoin Magazine.

Posted on 13 November 2019 | 4:00 pm

LightningCashback Wants to Replace Fiat Change With Sats

A proof-of-concept developed at a hackathon in Portugal could replace fiat change with Lightning-delivered sats.

The post LightningCashback Wants to Replace Fiat Change With Sats appeared first on Bitcoin Magazine.

Posted on 13 November 2019 | 2:53 pm

Video Review: Cryptotag Zeus

In this video review, Bitcoin Magazine tests the Cryptotag Zeus, a 100-percent, titanium, recovery seed storage device.

The post Video Review: Cryptotag Zeus appeared first on Bitcoin Magazine.

Posted on 12 November 2019 | 9:09 pm

Evercoin 2 Joins the Mobile Hardware Wallet Market

Evercoin has announced its detachable, mobile-focused hardware wallet. But how does it compare to the rest of the market?

The post Evercoin 2 Joins the Mobile Hardware Wallet Market appeared first on Bitcoin Magazine.

Posted on 12 November 2019 | 9:04 pm

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Bitcoin tops $10,000 milestone

Posted on 29 November 2017 | 9:30 am

Bitcoin price climbs over $4,000

Posted on 14 August 2017 | 7:16 am

Bitcoin reaches new all-time high: $3,000

Posted on 12 June 2017 | 7:06 am

CRYENGINE now accepts Bitcoin

Posted on 29 March 2017 | 7:24 am

Bitcoin Trading Bots

There have been a wide variety of situations in which algorithmic trading programs have proven to be beneficial for investors. However, investors who only trade a cryptocurrency can also take advantage of bitcoin trading bots. Through bitcoin bot trading, traders can become more flexible and prompt, minimize errors and process information more rapidly. At this… Read More »

Posted on 9 November 2016 | 1:20 am

Steam accepts Bitcoin

Posted on 29 April 2016 | 7:09 am

Microsoft accepts Bitcoin

Posted on 11 December 2014 | 12:06 pm

Apple Is Still Afraid of Bitcoin: Coinbase Bitcoin Wallet App Gets Axed From iOS App Store

In a post from way back last summer, Bitcoin Foundation Director Jon Matonis wrote an article titled Why Apple is Afraid of Bitcoin detailing the demise of the Blockchain.info and BitPak iOS Apps amid legal concerns.  BitPak’s iOS App did not recover from that ban wave as the owner went on to other business ventures, Blockchain.info was… Read More »

Posted on 23 November 2014 | 12:00 pm

Mozilla accepting Bitcoin

Posted on 20 November 2014 | 8:55 pm

PayPal and Virtual Currency

Posted on 24 September 2014 | 3:52 am

Wikimedia Foundation Now Accepts Bitcoin

Posted on 30 July 2014 | 9:14 pm

December 13, 2019 -
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