History of bitcoin: the bitcoin success story³

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2014.

In January.

Zyngab stated that it will be testing bitcoin purchasing in game assets in all seven of its games.

 

The D Las Vegas Casino Hotel and Golden GATE Hotel and Casino properties in Las Vegas stated that they will start to accept bitcoin.

 

TigerDirect and Overstock.com begin to accept bitcoin payment.

In February.

Mt. Gox, banned the withdrawals of Bitcoin because of technical issues.

Mt. Gox filed for bankruptcy protection in Japan after the reports that 744,000 bitcoins had been stolen.

 

The popularity of Mt. Gox slide downward, users were experiencing difficulties when withdrawing funds. In June.

The Bitcoin network over exceeded 100 petahash/sec citation needed

BitPay emerge as the new sponsor of St. Petersburg Bowl with two-year deal and it's name were changed to Bitcoin St. Petersburg Bowl. Bitcoin were to be accepted for ticket at the game and the deal itself was also paid for using bitcoin.

 

Newegg and Dell begin to accept bitcoin.

In September .

Tera Exchange, LLC, were approved by the United State Commodity Futures Trading Commission (CFTC) to start listing over the counter swap product depend on bitcoin. This is first time a United State regulatory agency supports a bitcoin financial services. In November.

Many songs celebrated bitcoin, song like the Ode to Satoshi was released.

 

NThe Rise and Rise of Bitcoin was released, a documentary that featured interviews with bitcoin users, like computer programmer and drug dealer.

December .

Microsoft started accept the use of bitcoin to pay for Xbox games and Windows software. 2015In January. 6? US$75 million were raised by COINBASE as part of a Series C funding and this broke the record for a bitcoin company.

 

Bitstamp stated that it's exchange would be going offline as investigation is on going concerning the hacking that resulted in 19,000 bitcoins worth US$5 million then that was stolen from its wallet.

 

Bitstamp restarted trading offline for some days and increasing their security setup and assuring customers that their account balances would not be affected. In February The number of merchants that have started to accept bitcoin exceeded over100,000. In October.

Request for the Unicode Consortium for putting a code point for the bitcoin symbol.

2016

InJanuary.

The network rate exceeded more than 1 exahash/sec.

In March.

The Cabinet and the government of Japan recognized virtual currencies such as bitcoin and given it a function similar to real money.

 

Bidorbuy, bagins bitcoin payments system for both buyers and sellers. Bidorbuy is the largest South African online marketplace.

In July.

A paper was published by researchers that shows that by November 2013 bitcoin commerce lcan not be driven by "sin" activities but by legitimate platform. In August. Bitfinex a major bitcoin exchange, was hacked and 120,000 BTC that worth $60m at that time was stolen.

In November.

The Swiss Railway operator SBB (CFF) upgraded their automated ticket machines to enable the purchasing of bitcoin from the organization using the scanner on the ticket machine to scan the bitcoin address on a phone app.

Bitcoin gained more interest in the academic field, the number of Google Scholar that published acticles that are mentioning the grew of bitcoin increased from 83 in 2009, to 424 in 2012, and 3580 in 2016.

Regulation and Society adoption

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