Report Claims Harvard, Yale, and Brown University Endowments Have Been Discre...
According to sources familiar with the matter, a number of Ivy League universities including the University of Michigan, Brown, Yale, and Harvard endowments have been discreetly purchasing cryptocurrencies. The prominent schools have been reportedly leveraging exchanges like Coinbase and other trading platforms. Prominent university endowments have been quietly purchasing digital currencies according to a report written by the financial columnist Ian Allison. The reporters detailed that “two sources” have explained that a number of well known colleges have been purchasing....
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University endowments that backed blockchain VCs in 2018 have started buying crypto directly from Coinbase.
The brain trust has blessed cryptocurrencies, with endowments for Harvard and other universities reportedly lapping up digital assets. For bitcoin marketeers, it's a new $600B money pot.
Vikram Mansharamani is a lecturer in the Program on Ethics, Politics & Economics at Yale University who recently explained why Bitcoin is not in Bubble territory. Is There a Bitcoin Bubble That’s About to Pop? Mansharamani is a lecturer in the Program on Ethics, Politics & Economics at Yale University and a senior fellow at the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School. He is also the author of “Boombustology: Spotting Financial Bubbles Before They Burst.” In a recent article in LinkedIn he asks: Is there a bitcoin bubble about to burst? He....
It’s hardly news that among the promises President Donald Trump made in the run-up to his election was to make the US a Bitcoin superpower, igniting the US crypto rush and the resurgence of meme coins. ‘I’m laying out my plan to ensure that the United States will be the crypto capital of the planet and the Bitcoin superpower of the world,’ Trump said in his keynote address at the Bitcoin 2024 conference held in Nashville, Tennessee. ‘And we’ll get it done.’ What’s good for Bitcoin is good for the market as a whole, particularly when university endowments and powerhouse....
A student at Harvard was caught using the University's massive computing power to mine Dogecoin. Supercomputers are pretty amazing. They're mostly used for research since they specialise in processing, analysing, and doing computations on ridiculous amounts of data at high speeds. Supercomputer simulations have been used to understand earthquakes, model pandemics, predict the weather, and more. Harvard University has its own supercomputing cluster called Odyssey, which boasts a 14,000 core Intel Xeon architecture with over 10 TB of RAM. But unlike most researchers, one student at Harvard....