University of Oregon Receives $1 Million to Study Cryptocurrency

Written by:
Guest
Published on:
Jun/10/2018

EUGENE, Ore. (Associated Press) -- Global cryptocurrency company Ripple will give $1 million in real money to the University of Oregon to support the study of the digital payment industry.

The Register-Guard newspaper of Eugene reports San Francisco-based Ripple will give the university the money in a five-year agreement. The university is among 17 to receive funding from the company, which is donating more than $50 million in all. Ripple will also provide technical support and resources.

Uuniversity of Oregon Provost Jayanth Banavar says the university feels very fortunate and that the money will help in improve its efforts in this area.

The newspaper says Ripple's donation will support a new program on cryptocurrency, blockchain and cybersecurity in its computer and information science department.
Cryptocurrencies, like Bitcoin, are currencies that only exist digitally.

Business/Financial News

Cryptocurrency Prices Slumping Again, Attibuted to Japan Demands

Cryptocurrency Prices Slumping Again, Attibuted to Japan Demands

A slumping market across most cryptocurrencies is being blamed on Japan's Financial Services Agency (FSA) requring exchanges to make improvements to the Japanese trading platforms' anti-money laundering practices. 

'Enormous Assets' to be Returned in Mt. Gox Debacle

“This is the first time in Japan legal history,” attorney for the creditors, Daniel Kelman, stated, “that a liquidation has ever converted into a rehabilitation —it’s always the other way around after a rehab fails. This sort of also made legal history as well.”

US Federal Reserve Launches Cryptocurrency Index

US Federal Reserve Launches Cryptocurrency Index

This week the Federal Reserve Bank of St. Louis added cryptocurrency to their Federal Reserve Economic Data (FRED) database, a sign that the digital currency is maturing.

ICYMI—Wins & Losses for Bookies During The World Cup Opening Weekend

The World Cup Opening weekend is a wrap, and online bookies using the right tools should have made it out big. Get the recap and don’t make the same mistakes twice, and make Matchday 2 profitable.

3 Social Media Marketing Tips For Bookies To Grow Their Sportsbooks

Social media marketing can be used to grow sportsbooks, but pay per head agents still must stay discreet. Get the 3 best tips to be social and grow your online business and find out the don’ts too!

Syndicate