Tech

Wikipedia community votes to stop accepting cryptocurrency donations

Enlarge (credit: iStock / Getty Images Plus) More than 200 long-time Wikipedia editors have requested that the Wikimedia Foundation stop accepting cryptocurrency donations. The foundation received crypto donations worth about $130, 000 in the most recent fiscal year—less than 0. 1 percent of the foundation’s revenue, which topped $150 million last year. Debate on the […]

Tech

Russia can’t find enough buyers for its oil, considers selling in bitcoin

Enlarge / The sun sets beyond an oil pumping unit, also known as a pumping jack, at a drilling site operated by Tatneft OAO near Almetyevsk, Russia. (credit: Andrey Rudakov/Bloomberg) Russia’s economy is in shambles, and the value of the ruble has plummeted as the country finds itself increasingly isolated from global trade in the […]

Tech

Biden considers digital dollar—here’s how it could differ from regular money

Enlarge (credit: Getty Images | MirageC) President Joe Biden today issued an executive order that could lead to the US creating a digital currency. “My Administration places the highest urgency on research and development efforts into the potential design and deployment options of a United States CBDC [Central Bank Digital Currency],” the executive order said. […]