Announcing a Return to our Roots: The All-New Bitcoin Magazine

Latest

Wyoming Passes New Friendly Regulations for Crypto Assets

The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February.

Landon Manning
Feb 15, 2019

QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust

Jennifer Robertson has been selling assets of the late Gerald Cotten's estate, and she's allegedly shuffled some of these assets into a trust for legal protections.

Colin Harper
Feb 15, 2019

Is It Time to Take an Initiative to Decrease Bitcoin’s Block Size Seriously?

For years, Bitcoin developer Luke-jr stood out for arguing that the block size limit should not be increased, but decreased. Is it time to start taking him seriously?

Aaron van Wirdum
Feb 15, 2019

Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors

During the session, the Honorable Justice Michael Wood heard testimonies from the four law firms that creditors have turned to for counsel as they seek recovery of funds from the troubled Canadian bitcoin exchange.

Colin Harper
Feb 14, 2019

Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

It’s entirely possible we rally to new highs from here, but for now the bitcoin market structure is bearish as we have failed to break resistance, push new highs and break out of the supply-and-demand channel.

Bitcoin Schmitcoin
Feb 14, 2019

NASDAQ to Add Liquid Indices Tracking Value of BTC and ETH

NASDAQ is planning to add new, third-party liquid indices, specifically tied to the value of bitcoin and ether.

Landon Manning
Feb 14, 2019

QuadrigaCX Sent Deposits Allegedly Linked to CEO’s Widow, Mailed Withdrawals in Cash

Emails suggest that some clients of QuadrigaCX may have received deposits from entities associated with Jennifer Robertson, despite sworn claims that she had nothing to do with the exchange's operations prior to her husband's death.

Colin Harper
Feb 14, 2019

Report: Crypto Exchanges Saw Trading Volumes Plummet in January

Blockchain and cryptocurrency research firm Diar has released a report that reveals a sizeable drop in crypto trade volumes in January 2019 for popular crypto exchanges Binance, Gemini, OKEx and Coinbase.

Jimmy Aki
Feb 14, 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

Freelancers on Traditional Platforms Can Now Invoice in Bitcoin Via Bitwage

Bitwage has introduced a freelance marketplace, allowing people to create multiple bank accounts to more smoothly process payments for freelancing and to accept crypto assets.

Landon Manning
Feb 14, 2019

Chainalysis Raises $30 Million in Series B Funding From Accel Ventures

The fund injection will be used to expand the startup's operations including its Chainalysis Know-Your-Transaction (KYT) tool which allows more than 100 crypto exchanges and financial institutions to vet their clients.

Jimmy Aki
Feb 14, 2019

First QuadrigaCX Monitor Report: $460k in BTC “Inadvertently” Sent to Cold Wallet

The court document states, “On February 6, 2019, Quadriga inadvertently transferred 103 bitcoins valued at approximately $468,675 to Quadriga cold wallets which the Company is currently unable to access.”

Colin Harper
Feb 12, 2019

Morgan Creek Bags $40M Raise, Attracts Industry First Funding From Pensions

Two pension plans from Fairfax County, Virginia, the $1.43 billion Police Officer’s Retirement System and the $3.9 billion Employee’s Retirement System, were the lead investors.

Colin Harper
Feb 12, 2019

21 Lectures Offers Bitcoin Developer Courses by Schnelli, Decker and Chiang

Betschart says that the program’s primary goal is to get more software developers to contribute to Bitcoin’s open source projects: He and his team are “not interested in making a profit.”

Jessie Willms
Feb 11, 2019

UnionBank Launches Two-Way Bitcoin ATM in the Philippines

So far, the UnionBanl hasn't mentioned its intention to deploy more bitcoin ATMs in the future, but it will be monitoring the usage and performance of the ATM, which could impact what it does next.

Jimmy Aki
Feb 11, 2019

Bitcoin Price Analysis: Strong Rally Set to Test Overhanging Resistance

There are major resistance levels to consider when viewing the health of the bitcoin market, but given the strength of the current move, it seems likely we will see a continuation of the uptrend in the price of bitcoin.

Bitcoin Schmitcoin
Feb 8, 2019

Can I Trust Bitfury’s Peach Lightning With My Data? Maybe

Bitfury responds to critics of its Lightning Peach suite of tools who have raised questions about the privacy of user data.

Colin Harper
Feb 8, 2019

Abra Users Can Now Buy Stocks and ETFs Using Bitcoin

According to Abra CEO Bill Barhydt, everyone should have access to capital markets, regardless of where they live in the world or the amount of capital they have at their disposal. This is where Bitcoin comes in.

Jimmy Aki
Feb 7, 2019

Bitfury Partners With R&D Firm to Launch Crypto Mining Center in Paraguay

The new center, part of Commons Foundation’s “Golden Goose” project, will help to facilitate the innovation of blockchain technology and cryptocurrencies. Bitfury will provide product and technical support for the project.

Jimmy Aki
Feb 7, 2019

Blockstream Open Sources Development of Its Proof of Reserves Tool

“Proof of Reserves allows an exchange to prove how many bitcoin they could spend, without needing to generate a ‘live’ transaction or exposing themselves to the risks of moving funds.”

Landon Manning
Feb 6, 2019

Op Ed: Should You File a Foreign Bank Account Report for Bitcoin Holdings?

An American who owns a financial interest (like bitcoin) worth $10,000 or more, or has signing authority over a foreign financial account, doesn't necessarily have to actually pay taxes on them. But they must let the IRS know about them.

Sasha Hodder
Feb 6, 2019

Lightning Torch’s Bitcoin Payment Is Running a Worldwide Marathon

The experiment has been making an impression on the bitcoin community; so far, Andreas Antonopoulos has been in on it, as has Twitter co-founder Jack Dorsey who took up the flame from Matt Odell.

Colin Harper
Feb 5, 2019

Hacker Gets 10 Years in First SIM-Swapping Sentencing in the U.S.

SIM swappers are known to target high-security online domains such as social media accounts, email addresses, bank accounts and cryptocurrency wallets.

Jimmy Aki
Feb 5, 2019

Court Grants QuadrigaCX Bankruptcy Protection

On January 31, 2019, the cryptocurrency exchange went offline posting a statement that they had filed for creditor protection.

Jessie Willms
Feb 5, 2019

Kraken Advances U.K. Expansion With the Acquisition of Futures Platform

U.S.-based cryptocurrency exchange platform Kraken has completed the largest transaction in its history after it made its foray into the futures trading world with the acquisition of London-based Crypto Facilities.

Jimmy Aki
Feb 5, 2019