Wikipedia Will No Longer Accept Cryptocurrency Donations

Calling crypto “extremely risky investments.”

Tech
9,030 Hypes 10 Comments

After internal discussions among editors, Wikipedia and the Wikimedia Foundation have now decided not to accept cryptocurrency donations anymore. In a new update posted by the foundation, Wikipedia said that it will no longer accept payments through Bitpay after taking into account feedback from its community. “The Wikimedia Foundation has decided to discontinue direct acceptance of cryptocurrency as a means of donating,” it wrote.

“We began our direct acceptance of cryptocurrency in 2014 based on requests from our volunteers and donor communities. We are making this decision based on recent feedback from those same communities. Specifically, we will be closing our Bitpay account, which will remove our ability to directly accept cryptocurrency as a method of donating.”

The organization added that it’ll “continue to monitor this issue” as it is an “evolving matter,” and that it will “remain flexible and responsive to the needs of volunteers and donors.” The decision comes shortly after editor Molly White penned a proposal calling cryptocurrencies “extremely risky investments” and that their energy consumption goes against the organization’s commitments to sustainability. The matter subsequently went to a vote, where the community voted heavily in favor of removing crypto as a donation option.

In other related news, Elon Musk is now considering charging fees for Twitter embeds and quotes.

Read Full Article

What to Read Next

Wikipedia Editors Consider Blocking Crypto Donations
Tech

Wikipedia Editors Consider Blocking Crypto Donations

A request that is currently under review from the foundation.

Balenciaga Will Now Accept Cryptocurrency Payments
Fashion

Balenciaga Will Now Accept Cryptocurrency Payments

Starting in flagship stores across the U.S.

Chipotle Begins Accepting Cryptocurrency Payments in the US
Food & Beverage

Chipotle Begins Accepting Cryptocurrency Payments in the US

In partnership with Flexa.


Off-White™ Is Now Accepting Cryptocurrency Payments
Fashion

Off-White™ Is Now Accepting Cryptocurrency Payments

Including Bitcoin, Ethereum, USD Coin and more.

Lebron James' Origin Story Biopic is Arriving in 2023
Entertainment

Lebron James' Origin Story Biopic is Arriving in 2023

‘Shooting Stars’ follows James’ high school years in Akron.

Phil Knight Celebrates Nike's 50th Anniversary by Reminiscing the Creation of the Swoosh
Footwear

Phil Knight Celebrates Nike's 50th Anniversary by Reminiscing the Creation of the Swoosh

Recalling the history-making moment that led to Nike.

Benedict Cumberbatch on Rumors and What To Expect in 'Doctor Strange in the Multiverse of Madness'
Entertainment

Benedict Cumberbatch on Rumors and What To Expect in 'Doctor Strange in the Multiverse of Madness'

The second installment arrives on May 6.

AGLXY Gears up for May the Fourth With 'The Book of Boba Fett' Capsule
Fashion

AGLXY Gears up for May the Fourth With 'The Book of Boba Fett' Capsule

Available now for pre-order.

Kid Cudi Arrives in NIGO's First KENZO Custom Look for Met Gala 2022
Fashion

Kid Cudi Arrives in NIGO's First KENZO Custom Look for Met Gala 2022

Inspired by the house’s Fall 1984 collection.


Louis Leterrier Replacing Justin Lin as 'Fast X' Director
Entertainment

Louis Leterrier Replacing Justin Lin as 'Fast X' Director

‘The Incredible Hulk’ director was supposedly the studio’s first choice.

Essentials: KB Lee
Fashion 

Essentials: KB Lee

The Emotionally Unavailable co-founder and global creative consultant returns for a second installment a decade later.

'Yo! MTV Raps' Announces Return With New Trailer
Music

'Yo! MTV Raps' Announces Return With New Trailer

The likes of Freddie Gibbs, DaBaby, Latto and Saba are set to appear.

Marvel Studios Sparks Rumors of 'Moon Knight' Season 2 After Changing Tweet From "Series Finale" to "Season Finale"
Entertainment

Marvel Studios Sparks Rumors of 'Moon Knight' Season 2 After Changing Tweet From "Series Finale" to "Season Finale"

Possibly hinting that Oscar Isaac will be returning as Marc Spector/Steven Grant.

The 2022 Met Gala Red Carpet Brought Out Dripping Jewels, Leather and Gloves
Fashion 

The 2022 Met Gala Red Carpet Brought Out Dripping Jewels, Leather and Gloves

This year’s theme emphasized “Gilded Glamour.”

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.