University of San Diego accepts bitcoin donations
1% of the total digital assets will now be allocated quarterly to finance the campus’s activities
15.01.2022 - 07:45
185
1 min
0
What’s new? San Diego State University (SDSU) began accepting bitcoin donations after a former student donated about $25 000 worth of BTC in October. He advocated for the university to continue accepting digital assets. The university has posted details on its website.
Information on the SDSU website
What is the peculiarity of cryptocurrency donations? David Fuhriman, the chief financial officer of The Campanile Foundation (TCF) said that 1% of the total digital assets will be withdrawn quarterly to fund the campus’s operations. The initiative aims to find out how the university can interact with cryptocurrencies.
SDSU reported a philanthropist had asked the university to keep his donations in bitcoins instead of converting them instantly into cash. Fuhriman said:
“If the value of bitcoin goes up, then this endowment could last forever. We believe over the long run that this could be a really good benefit to SDSU.”
Useful material?
Telegram 
Twitter Incidents
Crypto mixer smart contracts do not have an administrator key, so no one can control them, and they are not considered proprietary
Nov 27, 2024
Market
According to the politician, this will combat widespread corruption by ensuring transparency and accountability of budgetary funds
Nov 26, 2024
Market
Justin Sun invested $30 million in the project
Nov 26, 2024
Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Cryptocurrency rates
-
Bitcoin
$93 734
BTC
+1.16%
-
Ethereum
$3 439.12
ETH
+3.02%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.45
XRP
+7.3%
-
Dogecoin
$0.394241
DOGE
+2.7%
-
Cardano
$0.996107
ADA
+7.24%
-
Stellar XLM
$0.521119
XLM
+16.53%
-
Polkadot
$8.35
DOT
+5.76%
-
Bitcoin Cash
$501.41
BCH
+2.4%
-
Litecoin
$95.4
LTC
+5.16%