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Should UC San Diego expand to Chula Vista? New chairman of UC regents says yes

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1 year ago

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Should UC San Diego expand to Chula Vista? New chairman of UC regents says yes

Rich Leib knew that serving as chairman of the University of California Board of Regents was going to be a challenge. He took the gavel last week with the regents trying to figure out how to deal with crushing enrollment demand and housing shortages at many campuses, including UC San Diego in La Jolla, where about 1,140 students are on waiting lists for campus dorms and apartments.

Leib says he favors the idea of having UCSD establish a sizable satellite campus in Chula Vista and believes that an educational partnership with Southwestern College, also in Chula Vista, is worth discussing.

He further says it’s worth exploring whether UCSD could create some type of partnership with San Diego State University at the satellite campus SDSU is developing in Mission Valley.

Leib (pronounced Leeb) also says the UC system might be able to add as many as 33,000 students by 2030. The working goal has been to increase the number by 20,000.

Leib, 65, is a Solana Beach resident and president and chief executive of Dunleer Strategies, a consulting firm that helps emerging companies develop business strategies. He served on the California Community Colleges Board of Governors for six years and on the Solana Beach School District board for nearly 12 years.

He answered questions from The San Diego Union-Tribune:

Q: The University of California system added 107,000 students over the past 20 years. But supply still isn’t meeting demand. Each year, thousands of eligible students don’t find the spot they want, or any at all, at the system’s campuses. Do you grasp the anxiety that this causes for prospective students?

A: I totally get it. I went to UC Santa Barbara in the 1970s when all you needed was a 3.3 grade point average. Today, the high school GPAs of most freshmen in the UC are about 4.0. …

I don’t have a problem with someone not getting the campus of their choice; the UC has nine excellent undergraduate campuses. But we’re not admitting a lot of eligible students, and that’s a major issue for me. …

The value of a UC degree is so important, and its availability needs to be expanded to so many more people.

Education is the great equalizer. While we have improved over the last several years, we still need to do more.

Q: What’s the main problem?

A: Capacity is a huge issue. Our state has grown tremendously over the last 50 years. But we have opened only one UC campus — Merced — in all that time . We haven’t had the kind of money that Gov. Pat Brown had when he opened three UC campuses in the 1960s. Fortunately, Gov. [Gavin] Newsom has been very generous to the University of California over the last couple of years in terms of the budget. And it looks like we’ll get a 5 percent budget increase over each of the next five years.

UC San Diego expects to enroll a record 44,000 students this fall.

(Hayne Palmour IV)

Q: The regents have said they would like to increase undergraduate enrollment by about 6,200 this fall and by 20,000 overall by 2030. How much do you think enrollment will grow?

A: We’re looking at going beyond that and possibly adding as many as 33,000 students by 2030. I think it is doable. The result would essentially establish a new UC campus without actually building one.

We are looking at a lot of different ideas to increase capacity, including adding supplemental online classes, increasing summer school attendance and offering classes at later times of the day to accommodate students who have to work.

Also, some UCs need to expand beyond their current physical campuses. UCLA is looking to add satellite campuses with specialized programs in Simi Valley and San Pedro. UC Santa Cruz might be able to have a presence in Watsonville or Gilroy. UC San Diego may be able to expand into South County. We also need to look at possibly sharing resources with Cal State University campuses and the California Community Colleges.

And there are some real opportunities involving private colleges that are unable to survive in the current economic downturn. We might be able to get one-time money to purchase these facilities and open them as satellite campuses.

San Diego's Blue Line trolley extension is connecting south San Diego County students with UCSD's campus in La Jolla.

San Diego’s Blue Line trolley extension is connecting south San Diego County students with UCSD’s campus in La Jolla.

(Diane Bell / The San Diego Union-Tribune)

Q: UCSD is already inching south. It recently opened an events and community center in downtown San Diego. The school is about to buy an apartment complex two blocks away and may add another. Do you think the university could expand to a place like Chula Vista in a big way?

A: Speaking for myself, I’d be all for it if UCSD could expand to Chula Vista in a meaningful way. South San Diego [County] has been totally ignored. We need to take advantage of the recent expansion of the Blue Line light rail system, which allows you to go from Otay Mesa to UCSD in about a half-hour. If UCSD had space down there — if it bought property, put up buildings — students could take classes there and in La Jolla. Chula Vista could be a component of UCSD.

Q: UCSD expects to have about 44,000 students this fall. Chancellor Pradeep Khosla says the number will grow to about 50,000 within 10 years. Could you see, say, an additional 10,000 students being added in Chula Vista over time?

A: Yes, I could. I think Pradeep would look very carefully at that. It would be a matter of getting the resources.

Q: You mentioned online classes but said you’d like to add them on a supplemental basis. Do you think of online as being less rigorous than in-person classes?

A: No, I think online can be just as rigorous as in-person classes. But I do believe that the socialization process at school … is as important as taking classes.

When I went to school, the ability to be with other people and discuss the class material was just as important as the material itself. I get that some students don’t have the ability to go to brick-and-mortar buildings and need to do much of their work at home. But the interaction and socialization process is so important [that] I think it still needs to be the main path to getting a degree. ◆

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Tulip Protocol Officially Integrates Chainlink on Solana Mainnet

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August 9, 2022

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Tulip Protocol Officially Integrates Chainlink on Solana Mainnet

Today, Tulip Protocol made the announcement that they have integrated Chainlink Price Feeds in order to better secure their yield aggregating platform that is running on the Solana mainnet. The team had previously stated their intention to integrate Chainlink Price Feeds, and at this point, the connection has been completely put into action. Chainlink is the premier decentralized oracle network in the world, safeguarding tens of billions of dollars in smart contracts. It has diversified its offerings across other blockchains, notably Solana, Fantom, Polygon, BNB Chain, and others.

In a recent blog post, the team behind the Tulip Protocol explained that they had integrated Chainlink to provide users with more confidence that leveraged positions will be liquidated equitably using extremely accurate price data and that the protocol will continue to be completely collateralized at all times.

According to Tomasz Wojewoda, Head of Global Sales at Chainlink Labs:

“We’re pleased that Tulip Protocol has integrated Chainlink Price Feeds on Solana, helping secure its yield aggregation protocol with highly robust, decentralized market data. With the high-throughput performance of Solana and the strong security guarantees of the Chainlink Network, Tulip Protocol is able to empower users with a performant and secure platform.”

Tulip Protocol Seeks To Take Advantage Of Solana

Tulip Protocol brings together lenders who receive a return on their deposits and borrowers who are interested in gaining access to leverage. Users who initiate leverage positions are responsible for maintaining a loan-to-value (LTV) ratio that has been previously established. The Tulip Protocol then uses the asset price data that is provided by Chainlink Price Feeds to verify that this ratio is accurate. If the value of the collateral falls below the threshold that was established by the protocol, then their position will be immediately liquidated to assist in guaranteeing that the lenders will be repaid.

Tulip Protocol intends to capitalize on Solana by giving users the ability to more regularly reinvest their income and grow their assets without having to pay exorbitant amounts of gas expenses. Chainlink oracles can now be natively integrated on Solana, making it possible for Solana-based applications to benefit from enhanced levels of security and transparency. Yesterday, OpenOcean made the announcement that they would be integrating Chainlink Price Feeds in order to help secure the limited order functionality on many chains. These chains include Avalanche, Ethereum, Polygon, Fantom, and BNB Chain.

According to Senx, Co-Founder of Tulip Protocol:

 “We’re excited to be using Chainlink Price Feeds on Solana to help secure our yield aggregation platform. By leveraging the most secure and reliable on-chain data available, we’re able to provide our lenders and borrowers with greater assurances that liquidations are based on accurate price data, and the protocol will maintain a healthy loan-to-value ratio through all market conditions.” 

Allowing Stakers To Benefit From Higher APYs

Natives of the blockchain as well as newcomers to the technology are beginning to understand that decentralization does not necessarily equate to a secure platform. Given that Web3 services are currently disclosing their susceptibilities to attacks from both within and outside the network, further initiatives should be undertaken to improve the safety of user assets. Fortunately, a growing number of blockchain businesses are beginning to add various levels of security to their services in order to solidify the trust of their existing customers and attract additional investors in the near and distant future.

Tulip Protocol is the very first yield aggregation platform to be built on Solana, and it features auto-compounding vault techniques. The dApp was developed to make use of Solana’s blockchain, which has a low cost and high efficiency, hence enabling the vault techniques to compound frequently. Stakeholders are able to reap the benefits of greater APYs as a result, without the need for active management.

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Is your SOL safe? What we know about the Solana hack

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1 year ago

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August 9, 2022

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On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the latest updates concerning the recent Solana (SOL) hack.

To kick things off, we broke down the latest news in the markets this week:

Bitcoin realized price bands form key resistance as bulls lose $24K, significant whale activity between $22,000 and $24,800 adds to the complexity of the current spot market setup. Bitcoin (BTC) consolidated lower on Aug. 9 after familiar resistance preserved a multi-month trading range. When will we finally break out of this price range and make the move towards $30K?

Institutions flocking to Ethereum for 7 straight weeks as Merge nears: Report, “Greater clarity” around the Merge has driven institutional inflows into Ethereum products, according to a CoinShares report. Is the ETH merge finally around the corner and will it bring new all time highs to ETH or has the price already been factored into the current price?

Circle freezes blacklisted Tornado Cash smart contract addresses, Crypto data aggregator Dune Analytics said that, on Monday, Circle, the issuer of the USD Coin (USDC) stablecoin, froze over 75,000 USDC worth of funds linked to the 44 Tornado Cash addresses sanctioned by the U.S. Office of Foreign Assets Control’s Specially Designated Nationals and Blocked Persons (SDN) list. Could this mark the end for Tornado Cash or is there a way they can redeem themselves?

Next up is a new segment called “Quick Crypto Tips,” which aims to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. This week’s tip: Have some funds ready to buy further downturns.

Market expert Marcel Pechman then carefully examines the Bitcoin and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. The experts also go over some markets news to bring you up to date on the latest regarding the top two cryptocurrencies.

After Marcel’s market analysis, our resident experts discuss whether your SOL is safe and the latest updates on the Solana hack. We also discuss why the network has been victim to so many hacks and downtimes. What exactly do these exploits mean for the Solana platform and if you should be worried.

Lastly, we’ve got insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. The analysts use Cointelegraph Markets Pro to identify two altcoins that stood out this week: Radicle’s RAD and DigiByte’s DGB.

Do you have a question about a coin or topic not covered here? Don’t worry. Join the YouTube chat room, and write your questions there. The person with the most interesting comment or question will be given a 1 month free subscription to markets Pro worth $100!

The Market Report streams live every Tuesday at 12:00 pm ET (4:00 pm UTC), so be sure to head on over to Cointelegraph’s YouTube page and smash those like and subscribe buttons for all our future videos and updates.

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Web3-Based ZepetoX to Build on Solana

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1 year ago

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August 9, 2022

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Web3-Based ZepetoX to Build on Solana

Singapore, Singapore , Aug. 09, 2022 (GLOBE NEWSWIRE) — Today, the ZepetoX team (ZTX, ZepetoX.io) announced its foray into the web3 space, sharing its vision to build an open world that empowers creators and communities to build, play and earn.

ZepetoX is the crypto metaverse initiative jointly incubated by ZEPETO – Asia’s largest metaverse platform with over 320 million registered users – alongside leading global blockchain organizations including Jump Crypto.

As the sole blockchain project comprehensively backed by ZEPETO, ZepetoX will have exclusive ties to ZEPETO in terms of IP including technological, design, and content assets as well as bridges to facilitate user onboarding between the two platforms. ZepetoX’s blockchain development efforts will be advised by Jump.

“ZepetoX is our official venture into the blockchain industry. We feel that web3 opportunities should be advanced through a crypto-native approach, which is why we are excited to have Jump as a contributor to developing a new platform that would have exclusive connections to ZEPETO. Overall, we believe that ZepetoX can build the ideal web3 platform to not only bring blockchain to our existing users but also to expand our footprint in the blockchain space through various disruptive initiatives,” said Daewook Kim, CEO of Naver Z – the operating entity of ZEPETO.

“We are excited to support ZepetoX’s efforts aimed at onboarding new audiences into the rapidly growing crypto space. ZEPETO’s expertise and technological know-hows accumulated over the past years from building an immersive social platform will serve as a springboard for ZepetoX,” said Saurabh Sharma, Partner at Jump Crypto.

Building on the Solana network, ZepetoX will offer a web-based 3D open world with varying levels of gamification integrated as well as opportunities for users to monetize via ownership of digital assets and social interaction. Ultimately, ZepetoX aims to empower self-expression through customizable avatars and lands that can be equipped with NFTs from a rich collection of assets created by diverse creators, DAOs, or communities.

“I am thrilled to see IP powerhouses like ZepetoX choosing to build their metaverse on Solana,” said Anatoly Yakovenko, Co-Founder of Solana. “Projects like ZepetoX create new pathways for onboarding millions of users to web3.”

“Our global team brings a depth of crypto native experiences and our goal is to build on the foundation of ZEPETO to spearhead the adoption of blockchain among metaverse users, developers, and creators,” said co-CEO of ZepetoX, Chris Chang.

In the coming months, ZepetoX will launch its first land sale. The lands will be tradable on the ZepetoX marketplace, which will feature a variety of different NFTs as the open world project evolves. Further details on the sale will be available on the ZepetoX website in the coming weeks.

# # #

About ZepetoX: ZepetoX (ZTX) is a web3 company building an immersive content-driven platform for users to create, trade digital assets and enjoy social interaction. Founded in 2022, ZepetoX is the blockchain initiative of ZEPETO, widely regarded as the largest Asia-based metaverse platform boasting over 320 million lifetime users with over 2.5 billion virtual fashion items sold.

Contacts:

Vera: vera@ztx.foundation

News Via KISS PR Crypto Press Release Distribution Media Contact az@kisspr.com

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