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RSS FeedsWikipedia is no longer accepting cryptocurrencies over climate concerns
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2 may 2022 17:16:36

 
Wikipedia is no longer accepting cryptocurrencies over climate concerns
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What you need to know The outfit behind Wikipedia has announced it will no longer accept cryptocurrency donations. The energy footprint of crypto continues to be a source of concern among many. Only 0.08% of the last fiscal year`s donations were made up of crypto. The Wikimedia Foundation is going to stop accepting cryptocurrency donations following weeks of consultations. The outfit behind Wikipedia first began accepting donations via crypto back in 2014 but growing concerns surrounding its impact on the environment recently caused some to call for it to stop doing so. It`s unlikely that this will make that much difference to Wikimedia, however. A new report claims that the non-profit received just $130,000 in crypto donations over the last fiscal year — a number which equates to just 0.08% of its revenue. In a statement on the Wikimedia website, the outfit said that it would continue to monitor the situation, potentially opening the door for crypto to be accepted once more...


 
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