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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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US sanctions North Korea IT scheme tied to Russia, China
29 Aug 2025 15:00 A crypto scam ring tied to North Korea, Russia, and China is now under U.S. sanctions for allegedly channeling stolen funds into Pyongyang's weapon drive.
US opens door to foreign exchanges serving American customers The CFTC is opening doors for Americans to trade on overseas digital asset exchanges again, giving U.S. firms that left the country a clear path back home.
Germany, Rwanda boost digital ID schemes; Bhutan shares its success Germany's BundID sees mixed user growth, Rwanda registers over 3,300 users for its new digital ID, while Bhutan's NDI announced a partnership with iDen2.
Hong Kong warns against fraud as stablecoin law takes effect Hong Kong’s Stablecoin Ordinance boosts investor protection, but regulators warn of rising scams as firms misuse the “stablecoin” label to lure investors.
Bitcoin and Ethereum ETFs Bleed $291.28 Million in Friday Red Tide
Ether Price Watch: Ethereum Struggles to Regain Momentum Amid Bearish Pressure
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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