The Ministry of Education (MoE) of Malaysia is establishing a University Consortium to combat degree fraud using blockchain, the ministry announced in a tweet Nov. 8. According to the ministry’s tweet, the system is designed to issue and verify the authenticity of university-issued degrees. The new government-backed consortium will initially be comprised of six public universities and their diploma-verifying system is set to operate using the NEM (XEM) blockchain. According to the ministry, the new system was developed by a team led by a professor from the International Islamic University Malaysia (IIUM). According to a local media report, the idea …

Multiple Ivy League and other prestigious U.S. universities are said to have made investments into “at least” one cryptocurrency fund. The report was published by the technology news site Information Wednesday, Oct. 10. Citing an unnamed source, the Information reported that the multi-billion endowments of Harvard University, Stanford University, Dartmouth College, Massachusetts Institute of Technology (MIT), and the University of North Carolina had all invested capital in the crypto space. This is “a sign of the asset class’ growing acceptance among institutional investors,” the source said. Harvard’s endowment is reported to have hit $39.2 billion during the fiscal year 2018, …

Ivy League U.S. university Yale is said to be one of the investors that helped to raise $400 million for a major new cryptocurrency-focused fund, Bloomberg reports October 5. The fund, dubbed ‘Paradigm,’ was reportedly created by Coinbase co-founder Fred Ehrsam, former Sequoia Capital partner Matt Huang, and Charles Noyes, formerly of stalwart crypto fund Pantera Capital. Huang was said to have left Sequoia in June to embark on establishing the fund together with Ehrsam, according to reports from the Wall Street Journal at the time. Bloomberg has today cited an anonymous source as saying that Yale – whose $30 …

Knowledge is power, particularly in the Information Age, where an understanding of ‘the new’ can provide an edge over the competition. This is why, barely a year since crypto exploded into mainstream awareness — and long before it's likely to enjoy blanket adoption — it’s already been the object of a growing number of university courses. While a minority of these have focused on the actual coding, computer science and cryptography lying behind cryptocurrencies, most others have sought to provide a detailed introduction to crypto, so that a more business-focused audience will have the basis for deciding whether — and …