The University of Pennsylvania has received an anonymous donation of $5 million worth of bitcoin — the largest cryptocurrency donation ever sent to the school. The Philadelphia Ivy League university shared the news in a press release on Thursday, adding that it plans to use the funds to support the "

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

There’s blood in the streets, and over the weekend, a hero was slain. The Bitcoin market is on a crazy rollercoaster ride since Tesla chief executive Elon Musk announced in a Tweet on Thursday that the firm would halt Bitcoin payments due to environmental concerns. Since then, a lot

$10,000 red candles appear less shocking the second time around. And although Bitcoin is on its way to recovery following a near-instant crash to $45,000, the culprit remains the center of attention: Elon Musk, who sent waves of shock, confusion, and outrage through the wider Bitcoin space when

Hungary may cut cryptocurrency taxes in half — from 30.5% to 15%. In a Facebook video published today, Hungary's Minister of Finance Mihály Varga addressed plans for the country's economic recovery, which included the consideration of updated taxation around cryptocurrencies. At the moment, income from cryptocurrency

Members of Tomin First no Kai, a ruling party of the Tokyo Metropolitan Assembly, are advocating for a 0% Bitcoin tax in the city as part of their plan to transform Tokyo into a financial hub. As reported by Yahoo last week, assembly member Yu Ito sees Tokyo's

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Bank of England Governor Andrew Bailey reiterated his views that cryptocurrencies "have no intrinsic value" and their holders should "be prepared to lose all [their] money." At a press conference on Thursday, Bailey was quoted saying, “they have no intrinsic value. That doesn’t mean to