S'porean makes $140,000 Bitcoin donation to Australian art gallery

Dr Prashanth Puspanathan (left) and NCCA director Petrit Abazi.
Dr Prashanth Puspanathan (left) and NCCA director Petrit Abazi.PHOTO: NICHOLAS GOULDHURST

SINGAPORE - A Singaporean has made a Bitcoin donation to a gallery in Australia - one of the world's first cryptocurrency gifts to a non-profit arts organisation.

The three carbon-neutral bitcoins, worth about $140,000 when the donation was pledged, will go to the Northern Centre for Contemporary Art (NCCA) over three years. This is the largest single private donation the Darwin-based centre has received in its 32-year history.

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