Six High-Profile Institutions Back Bitcoin, Plus Ripple and XRP, Tron, Stellar, Cardano, Dogecoin: Crypto News Alert
From influential investors backing Bitcoin to a new milestone at Cardano, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin
The endowments of MIT, Stanford, Yale, Dartmouth, Harvard and the University of North Carolina have all invested in at least one Bitcoin/cryptocurrency fund, according to a new report from the technology news site The Information.
Yale, whose endowment manager is widely regarded as the most influential in the space, recently went public with its investment in Andreessen Horowitz’s new crypto fund.
Big league universities are also offering a variety of crypto and blockchain-related courses. A report from Coinbase shows 42% of the top 50 universities now have at least one course on the emerging technology.
Ripple and Stellar
Ripple and Stellar are descending on the Money20/20 conference in Las Vegas.
Ripple co-founder Chris Larsen, chief technology officer David Schwartz, senior vice president of business and corporate development Kahina Van Dyke and senior vice president of product Asheesh Birla will all speak at the event.
Meanwhile, Stellar co-founder Jed McCaleb will lead a panel on Interstellar, the platform’s new initiative that’s dedicated to helping companies build infrastructure on top of the Stellar network.
The event kicks off Sunday morning and runs through Wednesday evening.
Tron
TRON is pledging an initial donation of $3 million to the Blockchain Charity Foundation, the newly created charity division of Binance.
The Foundation is a “fully transparent donation platform that enables traceable and flexible multi-currency donations recorded on the blockchain.”
Cardano
Cardano’s project Icarus has passed a new third-party security audit. The report from Kudelski Security concludes that the Icarus wallet is trouble-free and ready for adoption.
IOHK is pleased to announce the recent audit conducted by Kudelski Security for Icarus, IOHK’s reference implementation for a lightweight wallet developed by the engineering team. You can read the announcement and full report here: https://t.co/QfAEFIQS42 #Cardano
— Input Output (@InputOutputHK) October 18, 2018
Dogecoin
Dogecoin has just been added to a popular crypto-based loan platform.
SALT Lending, which has issued more than $50 million in crypto-backed loans, says Doge is its latest collateral option for clients looking to leverage their digital assets to secure a USD loan. Clients can now borrow against their Bitcoin, Litecoin, Ethereum and Dogecoin.
Such Wow. https://t.co/FQId8Tf9Dr pic.twitter.com/P1KDENmzPW
— SALT (@SALTLending) October 19, 2018
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