All Posts in #Bitcoin
More States Likely to Embrace Blockchain Technology, Cryptocurrency
This week, Ohio became the first U.S. state to accept bitcoin for tax payments from businesses. Eventually, the payment form will be open to individual filers as well. Could more states follow suit in embracing the cryptocurrency as a legitimate…
Cryptocurrency Market Downturn Will Take Out Lesser Coins
Bitcoin and other major cryptocurrency prices have plummeted in the last few days, making it a tough week for the crypto market. Lee McKnight is an associate professor in the School of Information Studies at Syracuse University who has taught…
Cryptocurrency Price Plummet Reminds Us Third-Party Exchange Services Aren’t Secure
This week there was a sharp drop in the price of Bitcoin and other cryptocurrencies after Coinrail, the South Korean cryptocurrency exchange, was hacked. Yuzhe (Richard) Tang is an assistant professor at Syracuse University’s College of Engineering and Computer Science….
How Bitcoin Ranks Among Historical Bubble Bursts
As the Bitcoin bubble grew, so did the mysterious portrayal of the computational cash, which was relatively unknown to many across the country. Now, it’s price has dropped like a stone, but not before being compared to many other historical…
So What is Bitcoin?
Bitcoin surged to the forefront of American culture late in 2017, when prices per coin hit $20,000. However, despite its high value and popularity, many had no real idea what the currency is. American Banker set out to answer that…