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Latest

Belarus Could Get a Nuclear-Powered Bitcoin Mining Center

The president of Belarus reportedly plans to establish a mining farm adjacent to the country's nuclear power plant.

Jimmy Aki
Apr 19, 2019

Gibraltar Blockchain Exchange Appoints New CEO

Looyens formerly held the position of Country Executive at ABN AMRO Bank in Spain, and he will be taking over from Nick Cowan, as the latter transitions into his role as CEO of the Gibraltar Stock Exchange (GSX) Group.

Jimmy Aki
Apr 19, 2019

Mueller Report: Russia Used Bitcoin to Fund DNC Hacks

A two-year investigation into whether or not the Trump campaign colluded with Russia has found that an intelligence branch of the Russian government used bitcoin to fund cyberwarfare efforts and traced this bitcoin to a U.K. exchange.

Colin Harper
Apr 18, 2019

PayPal Wins Patent for Ransomware Detection Solution

PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks, claiming that attackers frequently "demand that the user pay him some amount of anonymous crypto-currency (e.g., BitCoin) in order to have the user's files decrypted so that they are accessible again."

Jimmy Aki
Apr 18, 2019

Five Years in the Making, Bisq Exchange Launches Its Bitcoin DAO

Bisq, one of the Bitcoin community’s only truly decentralized exchanges, introduced version 1.0 of its software this week. Along with other ancillary upgrades, the release dropped a bombshell by furnishing Bitcoin with its first DAO.

Colin Harper
Apr 18, 2019

Coinbase Provides Wider Support for Crypto-to-Crypto Conversions

Cryptocurrency exchange platform Coinbase has announced that it will be expanding its crypto-to-crypto trading service to more countries.

Jimmy Aki
Apr 18, 2019

Winklevoss Twins Reach Settlement With Charlie Shrem

The Winklevoss twins have reached a settlement with Charlie Shrem over a lawsuit alleging that Shrem stole 5,000 bitcoin from the pair in 2012.

Landon Manning
Apr 17, 2019

Cartoon: Distorting Mirrors

Ultimately, regulators view the blockchain industry through distorting mirrors.

Ian Foley
Apr 17, 2019

Guides

What Is Bitcoin?

Bitcoin means different things to different people. But what is Bitcoin, in the most basic sense?

Bitcoin Magazine

What Are Bitcoin Wallets?

Here are the best ways to store bitcoin securely in bitcoin wallets.

Bitcoin Magazine

What is Bitcoin Mining?

Bitcoin mining is the process of validating transactions by including them in the blocks that form the Bitcoin blockchain.

Bitcoin Magazine

What Makes Bitcoin Valuable?

Fundamentally, bitcoins derive their value just as anything else does: because people want them.

Bitcoin Magazine

Microsoft Azure Now Supports RSK Smart Contracts

RIF Labs has announced the integration of its public blockchain, RSK Smart Contracts, on Microsoft's Azure Marketplace. Users should now be able to set up an RSK blockchain network in minutes.

Jimmy Aki
Apr 17, 2019

Kraken Delists Bitcoin SV Following Online Poll from Over 70,000 Users

U.S.-based cryptocurrency exchange Kraken has delisted Bitcoin SV (BSV), per an official announcement on its blog.

Jimmy Aki
Apr 17, 2019

Bitcoin Price Analysis: Daily Resistance Level Tested Following Strong Buying Pressure

Bitcoin’s macro-bullish market structure remains intact, a test in the $5,700 to $6,000 range is likely before any meaningful, macro pullback takes place and a key price to watch is the $5,250 level.

Bitcoin Schmitcoin
Apr 16, 2019

Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners

A number of provincial governments are offering lower rates to attract bitcoin miners and Labrador’s government is considering energy incentives to attract “outstanding requests for service” from bitcoin data processors.

Jessie Willms
Apr 16, 2019

International Bitcoiners Pitch In on Notre-Dame Restoration Effort

The Bitcoin community has been contributing to a crowdfunding campaign to restore the famous Notre-Dame de Paris after it suffered a catastrophic fire.

Landon Manning
Apr 16, 2019

Gemini Exchange Announces Full Adoption of the SegWit Protocol

Gemini Trust has confirmed full integration of Segregated Witness addresses to its wallet infrastructure, potentially improving processing times and lowering bitcoin withdrawal fees.

Jimmy Aki
Apr 16, 2019

South Korean Police Confiscate Server Allegedly Linked to Bithumb Hack

Last month, the South Korean exchange Bithumb lost about $13 million worth of cryptocurrency to hackers. Now, South Korea’s National Police Agency has seized an external server believed to be associated with the attack.

Jimmy Aki
Apr 16, 2019

Satoshi’s Treasure: The Chase Is on for a $1 Million Bitcoin Prize

In a message broadcasted to the Blockstream Satellite, an anonymous user challenged the Bitcoin community to a million dollar hunt for “Satoshi’s Treasure.”

Colin Harper
Apr 15, 2019

Op Ed: Bitcoin Is Turning Left vs. Right Into Big Data vs. Privacy

Technologies like Bitcoin and end-to-end encryption are changing how political leanings are defined.

Kyle Torpey
Apr 15, 2019

Binance Delists Bitcoin SV

The cryptocurrency exchange Binance is officially removing Bitcoin SV from its trading options, potentially prompted by Craig Wright's legal actions.

Colin Harper
Apr 15, 2019

Bitcoin Price Analysis: Selling Pressure Leaves Macro Level Untested

Despite a strong round of selling within the past few days, bitcoin's bullish market structure remains intact. The intraday levels have shown support following the selling and, if the current levels do not hold, we can expect to see a test of the $4,700s.

Bitcoin Schmitcoin
Apr 12, 2019

As Supply Exceeds Demand, Mining Price War Ignites in Sichuan

The wet season in Sichuan can drop electricity costs, and therefore bitcoin mining costs, dramatically. But according to insiders, there is currently more supply than demand in the mining market.

8btc
Apr 12, 2019

Bitcoin Trader Sentenced to Two-Year Prison Term

A bitcoin trader has been sentenced to two years in prison and ordered to forfeit more than $800,000 “for operating an unlicensed money transmitting business,” according to the U.S. Department of Justice.

Landon Manning
Apr 12, 2019

Vidi, Vici, Satoshi: The Lightning Torch Has Reached Its Final Destination

The Lightning Torch, a Lightning Network payment that has been forwarded to bitcoiners around the world via Twitter, has run its course and reached its end in the charitable hands of Bitcoin Venezuela.

Colin Harper
Apr 11, 2019

Craig Wright Threatens Libel Suit In Letter to Bitcoiner, Demands Apology

In a series of legal letters shared with Bitcoin Magazine, SCA ONTIER LLP., writing on behalf of Wright, demands that Hodlonaut retract his statements and apologize, or else their client will sue him for libel.

Colin Harper
Apr 11, 2019

With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem

Ledger Vault's multi-authorization scheme allows for a greater degree of flexibility for fund management. The solution allows its users to set up multiple wallets and offers four levels of governance.

Colin Harper
Apr 11, 2019