Slock.it’s story is but but one turbulent chapter in the no less than tumultuous story of cryptocurrencies. Not yet a decade old, cryptocurrency got its start in 2009 after an anonymous user under the pseudonym Satoshi Nakamoto posted a white paper outlining a system for trustless transactions.
In its last meeting of the winter quarter, the Faculty Senate saw a presentation on the state of the Stanford Management Company (SMC) and the proper use of the Stanford name and emblem.
This Wednesday, the Graduate Student Council (GSC) met with University administration to discuss investment strategies related to Stanford’s endowment.
Dear Daily Editors, We read with concern your Feb. 20 article on endowment investments. While we understand that these financial topics are complex, your article was inaccurate and misleading, and we believe it is important to set the record straight on a number of points. Stanford’s endowment is invested through various very common legal entities.…
Over the past year, many Stanford students have utilized Bitcoin, a popular virtual currency, as a means of making financial investments and for conducting under-the-table transactions over the deep web. These developments have occurred just as the price of a single Bitcoin surpassed $10,000 on Monday, reaching an all-time high in its almost nine-year history of existence.
In its first meeting back from Thanksgiving break, the Graduate Student Council (GSC) discussed a bill that would call on Stanford to increase transparency in its investments.
The Stanford Board of Trustees announced Tuesday that the University will not divest from various companies associated with the private prison industry that a student group submitted for review last fall.
Stanford made a 13.1 percent return on its investments the past fiscal year, slightly above the 12.9 return-on-investment that U.S. higher education institutions as a whole experienced during that same period.