University of Michigan

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While Markets Consolidate, Crypto Fear and Greed Index Points to ‘Extreme Fear’

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18 days ago on March 28, the Crypto Fear and Greed Index tapped the “greed” position, scoring a 60 for the first time in four months. Since that day, bitcoin has lost more than $7,500 in USD value, and hit a low of $39,200 per unit on April 11. The downturn has pushed the Crypto … Read more

Report Claims Harvard, Yale, and Brown University Endowments Have Been Discreetly Buying Bitcoin

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According to sources familiar with the matter, a number of Ivy League universities including the University of Michigan, Brown, Yale, and Harvard endowments have been discreetly purchasing cryptocurrencies. The prominent schools have been reportedly leveraging exchanges like Coinbase and other trading platforms. Prominent university endowments have been quietly purchasing digital currencies according to a report … Read more

University of Michigan Endowment Backs Crypto Venture Capital Fund

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The financial endowment fund of the University of Michigan, one of the oldest and most established academic institutions in the U.S., is the latest institutional investor revealed to have entered the cryptocurrency ecosystem. Its endowment is backing a crypto venture capital fund managed by Andreessen Horowitz. Also Read: In the Daily: Sirin Labs Smartphone, Middle … Read more

University of Michigan Is Building the World’s First Unhackable Supercomputer

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Supercomputers are one of those technological trends everyone is interested in. Although very few people would actually have a use for such computing power, there are some interesting developments taking place in this area. More specifically, a new machine is in development which claims to be unhackable. Thanks to US$3.6 million in funding through DARPA, the team … Read more