Canadian University Will Now Accept Bitcoin Donations
Earlier this week, Simon Fraser University (SFU) in Vancouver announced that it will now be accepting Bitcoin donations to help fund a project that is sending two SFU students to India this fall, a project that will focus on empowering women. The university has become the first postsecondary school to support Bitcoin in Canada, and may even follow suit....
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Simon Fraser University (SFU) became the first Canadian university to accept bitcoin today, announcing it will now take donations in digital currency. Founded in 1965, the British Columbia-based university boasts more than 35,000 students, and was recently named as one of the top global universities under 150 years old. Simon Fraser Bitcoin Club president Mike Yeung, who together with SFU alumnus Scott Nelson provided the first bitcoin donation to the school, explained that bitcoin is a way for the university to bolster its perception as a forward-thinking institution. Yeung said: "SFU is....
Simon Fraser University (SFU) is now the first Canadian university to accept Bitcoin donations. The donations will go toward an SFU co-op project in India called Destiny Reflection. The project works to empower girls who are victims of human trafficking or happen to be vulnerable to the crime. Kicking off their announcement, SFU alumnus Scott Nelson and Mike Yeung, president of the Simon Fraser Bitcoin Club, donated the bitcoins equivalent of $6000. But it's not about the bitcoins. It's so much more than that. CCN. "Bitcoin can be moulded in ways that can benefit people [in every part of....
According to a cyber-security survey, 33% of UK companies are buying Bitcoin in anticipation of ransomware attacks. This comes after a Canadian university paid 20,000 Canadian dollars in Bitcoin for the encryption keys to their data this week. Canadian university ransomware attack. More than 100 of the computers at the University of Calgary had been infected with the ransomware, causing email and other files to become encrypted. After their IT department spent countless hours trying to find a solution to the attack, it was resolved that they would pay the ransom money of CAD $20,000 (USD....
During the first week of January, the software community Mozilla revealed it was pausing cryptocurrency donations after citing environmental concerns. 14 weeks later, Mozilla decided last week it will accept crypto donations again, but only from digital assets that leverage a proof-of-stake (PoS) consensus model.
Mozilla Plans to Accept PoS Crypto Assets Only, Executive Says PoW Cryptos ‘Significantly Increase Our GHG Footprint’
On April 7, Mark Surman, the executive director at the Mozilla Foundation, published an update about the software community pausing crypto....
The first annual Blockchain Madness, a live-streamed cross-campus student trivia tournament hosted by the Blockchain Education Network, starts March 15. Six teams of blockchain and Bitcoin all-stars from elite universities across North America will compete in this year’s tournament, fighting for the Blockchain Cup and prestige. Teams from the Massachusetts Institute of Technology, New York University and the University of California-Berkeley representing the United States will battle it out against three Canadian teams from the University of Toronto, Wilfrid Laurier University and Queen’s....