Other organizations may be turning down crypto donations, but SDSU now accepts BTC and ETH with open arms.
TCF chief financial officer David Fuhriman said one percent of the total crypto holdings would be withdrawn quarterly to fund campus activities that aim to discover how the university could interact with crypto, such as working on a system that permits broader digital transactions within the university.
Meanwhile, the rest of the funds will be converted into BTC and will not be liquidated immediately, with hopes that the price will go up in the future and help more programs. SDSU accepted the university's first cryptocurrency donation this fall, opening the door to similar contributions in the future.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Crypto Options Market Starting to Have Material Impact on Spot Market: QCP CapitalThe Singapore-based crypto fund wrote in a Telegram note that the newfound strength of the crypto options market prevented bitcoin from bottoming out below $40,000.
Consulte Mais informação »
Wiki contributors want to drop crypto donations over environmental concernsThe Wikimedia Foundation is facing pressure from contributors to stop accepting crypto donations three years after the option was enabled.
Consulte Mais informação »
Bitcoin Tests $44K, Tesla Accepts Dogecoin, and More: This Week's Crypto RecapBitcoin's price managed to break out of its recent slump this week, and although not decisively, it recovered some of the losses.
Consulte Mais informação »
XRP, Litecoin, Bitcoin and Other Cryptocurrencies to Be Accepted at Britain's First Crypto CafeMore restaurants and cafes are embracing cryptocurrencies
Consulte Mais informação »
Billionaire Bankman-Fried’s FTX Launches $2 Billion Crypto Fund Amid Venture’s Massive Deal BoomThe fund will invest in cryptocurrency startups across the world and in all stages, with a broad focus in the social, gaming, fintech, software and healthcare industries
Consulte Mais informação »
Channel Wants Content Creators to ‘Squad Up’ via Web 3JUST IN: 1nterdependence, newmodels_io, and joshuacitarella are joining forces for channel, hoping to solve a key problem for independent content creators. lil_smush reports
Consulte Mais informação »