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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

Trump Campaign Website Hit by Hackers Touting Crypto Scam

The president's campaign website was briefly compromised on Tuesday, as hackers looked to fleece cryptocurrency from unsuspecting supporters in the final days before the 2020 election.

Posted on 28 October 2020 | 9:00 am

Coinbase Goes Down as Bitcoin Approaches 2019 Highs

Coinbase has halted trading on its platform as bitcoin crawls to 2019 highs.

Posted on 27 October 2020 | 11:49 pm

MicroStrategy Is Looking to Buy More Bitcoin, President Says

Bitcoin is boosting MicroStrategy's market visibility, say executives. Revenues rose 6.4% year-over-year and the company notched a net loss of $14.2 million for the quarter.

Posted on 27 October 2020 | 9:28 pm

Market Wrap: Bitcoin Jumps to $13.7K, Nearing 2019’s High; Ether Volatility Reverses Course

Bitcoin’s price is closing in on record 2020 highs as ether’s volatility picks up.

Posted on 27 October 2020 | 8:25 pm

BlockFi Takes 5% Stake in Grayscale’s $4.8B Bitcoin Trust

The crypto lender is only the second firm to disclose such a large GBTC stake, after Three Arrows Capital.

Posted on 27 October 2020 | 7:45 pm

An Internet for Humans: Proof-of-Personhood Explained

Identity is one of our most fundamental human rights. In the age of surveillance, commodification and centralization, it is under threat.

Posted on 27 October 2020 | 7:27 pm

JPMorgan Launches JPM Coin: Welcome to the Private Currency Era

The investment banking giant says the blockchain hype cycle has moved past inflated expectations and into the realm of being commercially viable.

Posted on 27 October 2020 | 7:24 pm

This Paradigm-Backed Startup Is Offering DeFi’s First ‘T-Bill’

Newly launched DeFi lending project Yield Protocol is offering stable interest rates for investors.

Posted on 27 October 2020 | 4:57 pm

Blockchain Bites: JPM Coin Goes Live, Bitcoin Rallies, Stocks Falter

PLUS: Southeast Asia's largest bank by assets, DBS, is eyeing a digital assets exchange.

Posted on 27 October 2020 | 4:37 pm

How a Decentralized Internet Can Power Latin America’s Economy

Bitcoin, fintech and DeFi can help Latin America become an interconnected and inclusive regional economy.

Posted on 27 October 2020 | 3:55 pm

India Will Soon Have Crypto ‘Banking’ at 22 Physical Locations

Cashaa is teaming with a credit cooperative society to provide cryptocurrency financial services at 22 branches in the north of India.

Posted on 27 October 2020 | 3:45 pm

China’s Coronavirus Outbreak Prompts Blockchain Adoption for Charity

China’s banking and digital payment giants are using blockchain technology to add transparency to charity organizations' donation distribution networks.

Posted on 27 October 2020 | 3:24 pm

4 Bitcoin Lightning Network Vulnerabilities That Haven’t Been Exploited (Yet)

Bitcoin’s Lightning Network has a few vulnerabilities that have been discovered in its two-year lifespan, but none have been exploited.

Posted on 27 October 2020 | 3:05 pm

Publicly Traded INX Crypto Exchange to Acquire Broker-Dealer Openfinance

INX Limited, a cryptocurrency exchange that went public on Ethereum last month, agreed to purchase U.S. broker-dealer Openfinance Securities.

Posted on 27 October 2020 | 1:50 pm

First Mover: Bitcoin Surges to New 2020 High as Harvest Debacle Provides Costly DeFi Lesson

This week's $24M exploit of DeFi platform Harvest shows risks as real as rewards in open-beta crypto markets, where investor protection is minimal.

Posted on 27 October 2020 | 1:25 pm

Video: Printing Is The Plague, Bitcoin Is The Cure

Thib Maréchal discusses the history of money printing and how Bitcoin offers humanity a solution to this great plague.

The post Video: Printing Is The Plague, Bitcoin Is The Cure appeared first on Bitcoin Magazine.

Posted on 26 October 2020 | 8:33 pm

How Bitcoin Mixers Help Protect Privacy

Promoted: Bitcoin mixers help users obscure their transaction histories and protect their identities.

The post How Bitcoin Mixers Help Protect Privacy appeared first on Bitcoin Magazine.

Posted on 26 October 2020 | 2:27 pm

Video: Sync Bitcoin Faster! Assume UTXO

The potential future upgrade “Assume UTXO” offers new Bitcoin Core users a speedy solution to get up to speed with the network.

The post Video: Sync Bitcoin Faster! Assume UTXO appeared first on Bitcoin Magazine.

Posted on 23 October 2020 | 3:39 pm

As Corporations Build Bitcoin Treasuries, We All Win

NVK, creator of bitcointreasuries.org, sees corporate bitcoin allocation as not just a good thing for these companies. It benefits every Bitcoiner.

The post As Corporations Build Bitcoin Treasuries, We All Win appeared first on Bitcoin Magazine.

Posted on 22 October 2020 | 7:43 pm

PayPal Brings Users To Bitcoin, But Not The Bitcoin Network

The news that PayPal is giving more than 300 million users access to bitcoin is bullish. But it’s not empowering them to truly control their funds.

The post PayPal Brings Users To Bitcoin, But Not The Bitcoin Network appeared first on Bitcoin Magazine.

Posted on 22 October 2020 | 4:05 pm

Nigerian Aid Group Finds Sovereign Lifeline In Bitcoin

The Feminist Coalition, a Nigerian advocacy group, found its protest fundraising restricted by legacy financial channels. So it turned to Bitcoin.

The post Nigerian Aid Group Finds Sovereign Lifeline In Bitcoin appeared first on Bitcoin Magazine.

Posted on 21 October 2020 | 6:46 pm

Video: The Fed Considers CBDCs And Bretton Woods 2.0

The IMF panel on cross-border payments was a Central Bank Digital Currency (CBDC) discussion in disguise, headlined by Jerome Powell, chairman of the Federal Reserve.

The post Video: The Fed Considers CBDCs And Bretton Woods 2.0 appeared first on Bitcoin Magazine.

Posted on 21 October 2020 | 4:32 pm

PayPal Introduces Ability To Buy, Sell And Hold Bitcoin

PayPal will allow users to buy, sell and hold bitcoin directly from their PayPal accounts, a significant boon for adoption.

The post PayPal Introduces Ability To Buy, Sell And Hold Bitcoin appeared first on Bitcoin Magazine.

Posted on 21 October 2020 | 2:45 pm

The Rush To Own India’s Bitcoin Market Is Back On

The overturning of India’s cryptocurrency ban has made the market a focal point for Bitcoin projects, with outside capital looking to take advantage.

The post The Rush To Own India’s Bitcoin Market Is Back On appeared first on Bitcoin Magazine.

Posted on 20 October 2020 | 7:32 pm

Video: Fresh Competition Is Shaping The Bitcoin Mining Hardware And Pool Landscape

In this episode of Bitcoin In Asia, BlockBridge Consulting’s Nishant Sharma discusses how fresh competition is changing the bitcoin mining market.

The post Video: Fresh Competition Is Shaping The Bitcoin Mining Hardware And Pool Landscape appeared first on Bitcoin Magazine.

Posted on 19 October 2020 | 6:00 pm

Introducing CBPI: A New Way To Measure Bitcoin Network Electrical Consumption

Using the Composite Bitcoin Energy Index (CBEI), we can determine how much electrical power Bitcoin draws and how much electrical energy it has used.

The post Introducing CBPI: A New Way To Measure Bitcoin Network Electrical Consumption appeared first on Bitcoin Magazine.

Posted on 19 October 2020 | 5:52 pm

The Van Wirdum Sjorsnado: Bitcoin Core 0.21 Supports Tor V3

On this episode of The Van Wirdum Sjorsnado, Aaron and Sjors discuss one of the biggest releases in Bitcoin's history: Bitcoin Core 0.21.

The post The Van Wirdum Sjorsnado: Bitcoin Core 0.21 Supports Tor V3 appeared first on Bitcoin Magazine.

Posted on 16 October 2020 | 6:06 pm

New Civil Liberties Alliance Challenges IRS Collection Of Private Crypto Investment Data

The New Civil Liberties Alliance (NCLA) filed a lawsuit on behalf of a Bitcoin investor whose private data was collected by the IRS without warrant.

The post New Civil Liberties Alliance Challenges IRS Collection Of Private Crypto Investment Data appeared first on Bitcoin Magazine.

Posted on 16 October 2020 | 4:42 pm

Taproot Merged Into Bitcoin Core

Taproot, a BTC protocol upgrade designed to improve flexibility and transaction privacy, has merged into Bitcoin Core.

The post Taproot Merged Into Bitcoin Core appeared first on Bitcoin Magazine.

Posted on 15 October 2020 | 3:03 pm

Despite Legal Turmoil, BitMEX Research Shows Us How Not To Use Brain Wallets

Although its parent exchange is facing legal trouble, BitMEX’s research arm has published a novel report on the vulnerability of brain wallets.

The post Despite Legal Turmoil, BitMEX Research Shows Us How Not To Use Brain Wallets appeared first on Bitcoin Magazine.

Posted on 14 October 2020 | 8:08 pm

Lies, Deception And Unnatural Money

Humanity cannot advance forward unless we solve the problem of money printing, and Bitcoin actually fixes this.

The post Lies, Deception And Unnatural Money appeared first on Bitcoin Magazine.

Posted on 13 October 2020 | 3:58 pm

As Bitcoin Mining Becomes More Competitive, Will Pools Ensure Decentralization?

What role are mining pools playing in ensuring decentralization as record hash rates and difficulty levels roll in?

The post As Bitcoin Mining Becomes More Competitive, Will Pools Ensure Decentralization? appeared first on Bitcoin Magazine.

Posted on 12 October 2020 | 5:36 pm

Crypto For Congress Puts “American-Made” Bitcoin Into The Hands Of Policymakers

An initiative by the Chamber of Digital Congress made $50 BTC contributions to all 535 members of Congress with bitcoin mined by U.S. operations.

The post Crypto For Congress Puts “American-Made” Bitcoin Into The Hands Of Policymakers appeared first on Bitcoin Magazine.

Posted on 7 October 2020 | 7:51 pm

Why Bitcoin Dollar Cost Averaging (BTCDCA) Is The Next Big Thing

Bitcoin dollar cost averaging offers better average returns in the long run, peace of mind and an easy way into the world of Bitcoin.

The post Why Bitcoin Dollar Cost Averaging (BTCDCA) Is The Next Big Thing appeared first on Bitcoin Magazine.

Posted on 6 October 2020 | 4:28 pm

Bitcoin Reddit Roundup – September 2020

Every month, Bitcoin Magazine puts together a short recap of this months events as told through the best links from Bitcoin Reddit. Check out our September 2020 roundup!

The post Bitcoin Reddit Roundup – September 2020 appeared first on Bitcoin Magazine.

Posted on 5 October 2020 | 7:14 pm

The Great Plague Of Shitcoinery

Bitcoin is not only the only genuine possibility of divorcing money from the State, but it is a paradigm shift that is already quite advanced and inevitable.

The post The Great Plague Of Shitcoinery appeared first on Bitcoin Magazine.

Posted on 5 October 2020 | 4:35 pm

Political Prosecution Of Julian Assange Calls For Nonviolent Cryptographic Defense

As the prosecution of Julian Assange continues, can the cryptographic technology that helped WikiLeaks restore history now be used to defend the freedom of its founder?

The post Political Prosecution Of Julian Assange Calls For Nonviolent Cryptographic Defense appeared first on Bitcoin Magazine.

Posted on 2 October 2020 | 2:51 pm

The Long and Winding Story of Silk Road, Bitcoin’s Earliest Major Application

For many Bitcoiners, the online marketplace Silk Road has become a touchstone in BTC's story — as has the fate of its founder, Ross Ulbricht.

The post The Long and Winding Story of Silk Road, Bitcoin’s Earliest Major Application appeared first on Bitcoin Magazine.

Posted on 1 October 2020 | 2:12 pm

As A Privacy Pioneer, Edward Snowden Left A Trail For Bitcoin

Snowden’s advocacy has inspired many of us to seek out better privacy preservation and technologies that are free from government control.

The post As A Privacy Pioneer, Edward Snowden Left A Trail For Bitcoin appeared first on Bitcoin Magazine.

Posted on 30 September 2020 | 9:00 pm

Four Lies About The Bitcoin Circular Economy

As savings technology is still the largely dominant story for Bitcoin, it’s helpful to take a closer look at a few lies about a topic that’s growing in popularity: the Bitcoin circular economy.

The post Four Lies About The Bitcoin Circular Economy appeared first on Bitcoin Magazine.

Posted on 30 September 2020 | 8:38 pm

Hackers Congress Paralelní Polis Is Ready to Deliver Fifty-Eight Hours Of Freedom Content

This weekend, the annual Hackers Congress Paralelní Polis will be convening in Prague, as well as throwing a massive 58-hour long live stream. We sent over a few questions to the conference's team to help make the case for why this conference is important to Bitcoiners.

The post Hackers Congress Paralelní Polis Is Ready to Deliver Fifty-Eight Hours Of Freedom Content appeared first on Bitcoin Magazine.

Posted on 30 September 2020 | 7:20 pm

CoinFlip Launches Bitcoin-Enabled Gift Card Marketplace

Promoted: Bitcoin ATM operator CoinFlip has now added a layer to its mission of banking the unbanked with a gift card marketplace.

The post CoinFlip Launches Bitcoin-Enabled Gift Card Marketplace appeared first on Bitcoin Magazine.

Posted on 28 September 2020 | 2:06 pm

Our Hero Hal: Fundraising For A Bitcoin Visionary

Hal Finney battled ALS until his death on August 28, 2014. Six years later, we’re working with the Bitcoin community to continue that fight.

The post Our Hero Hal: Fundraising For A Bitcoin Visionary appeared first on Bitcoin Magazine.

Posted on 25 September 2020 | 4:17 pm

FinCEN Files Remind Us That Bitcoin Is Still Not For Money Laundering

The revelation that the world's foremost financial institutions have been willfully laundering criminal money reminds us that Bitcoin has an unearned reputation.

The post FinCEN Files Remind Us That Bitcoin Is Still Not For Money Laundering appeared first on Bitcoin Magazine.

Posted on 23 September 2020 | 9:00 pm

Unchained Capital Unveils New Ways For Businesses To Custody BTC

Unchained Capital, an Austin-based financial services firm, has announced its new enterprise-grade self-custody offering, aptly named “Business Accounts for Bitcoin.”

The post Unchained Capital Unveils New Ways For Businesses To Custody BTC appeared first on Bitcoin Magazine.

Posted on 21 September 2020 | 4:14 pm

DLCs Are On Bitcoin, Bringing New Functionality And Major Potential

With Discreet Log Contracts (DLCs) now active on Bitcoin’s mainnet, the potential for smart contract functionality is massive.

The post DLCs Are On Bitcoin, Bringing New Functionality And Major Potential appeared first on Bitcoin Magazine.

Posted on 16 September 2020 | 5:17 pm

Community-Funded Bitcoin Awareness Campaign Unveiled in Hong Kong

Bitcoin Association of Hong Kong is using donations for advertisements that feature informative statements highlighting “the risks and merits of Bitcoin”.

The post Community-Funded Bitcoin Awareness Campaign Unveiled in Hong Kong appeared first on Bitcoin Magazine.

Posted on 11 September 2020 | 3:25 am

With TVL At New Record, The Lightning Network’s Time Has Come

This week, the Lightning Network set a new record that demonstrates its growing popularity and utility.

The post With TVL At New Record, The Lightning Network’s Time Has Come appeared first on Bitcoin Magazine.

Posted on 3 September 2020 | 2:57 pm

Invictus Capital Introduces Bitcoin Alpha Fund With Downside Protection For Investors

Promoted: Leading blockchain asset management platform Invictus Capital has announced its latest fund to offer exposure to BTC.

The post Invictus Capital Introduces Bitcoin Alpha Fund With Downside Protection For Investors appeared first on Bitcoin Magazine.

Posted on 1 September 2020 | 2:57 pm

The Genesis Files: How Hal Finney’s Quest For Digital Cash Led To RPOW (And More)

Pioneering cryptographer Hal Finney saw the need for an untraceable form of digital cash, and his work ultimately fostered the creation of Bitcoin.

The post The Genesis Files: How Hal Finney’s Quest For Digital Cash Led To RPOW (And More) appeared first on Bitcoin Magazine.

Posted on 28 August 2020 | 3:11 pm

On September 19, Bear Arms N’ Bitcoin Will Host Full Stack Freedom

The Bear Arms N’ Bitcoin event in Austin on September 19 and 20 is an in-person chance to celebrate the latest tools in freedom and privacy.

The post On September 19, Bear Arms N’ Bitcoin Will Host Full Stack Freedom appeared first on Bitcoin Magazine.

Posted on 24 August 2020 | 6:53 pm

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

Consulting firm EY Switzerland accepts Bitcoin

Posted on 26 November 2016 | 7:47 am

Steam accepts Bitcoin

Posted on 29 April 2016 | 7:09 am

Microsoft accepts Bitcoin

Posted on 11 December 2014 | 12:06 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

German Newspaper "taz" accepts Bitcoin

Posted on 22 July 2014 | 7:32 pm

October 28, 2020 -
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