Bitcoin News Mash-Up: Wikimedia Foundation Makes Bitcoin Rich; Argentinian Company Accepts Bitcoin; and More


Bitcoin News Mash-Up

Following are the major Bitcoin news reports of the day

Wikimedia Foundation Receives $140,000 worth of Bitcoins in Donation
Within just a week of its announcement to accept Bitcoin donations, the Wikimedia Foundation has received $140,000 equivalent of the digital currency. The information was first provided by Wikimedia’s official payment processor and wallet supplier Coinbase on its blog. It read:

“We were particularly excited to enable the Wikimedia Foundation to accept bitcoin donations because we feel that the decentralized, inclusive nature of Wikipedia is well aligned with Bitcoin and we wanted to help the Bitcoin community contribute to the democratization of information.”

Argentinian E-Commerce Company Starts Accepting Bitcoin
Avalanche, one of the major e-commerce companies in Argentina, recently started accepting Bitcoin after signing an agreement with Bitcoin payment processor Bit Pages and exchange Bitlex.CA. Following this event, Avalanche became the first ecommerce company in Latin America to ever adapt Bitcoin as one of the payment methods.

Vogogo Receives $8.5 Million to Expand to US and Europe
Famous Canadian payment processing company Vogogo received a whopping $8.5 million in funding from Cormark Securities, Inc. to expand its cryptocurrency payment processing services in US and Europe. Vogogo was founded in 2008 by Geoff Gordon and Rodney Thompson, and adapted Bitcoin and other cryptocurrencies this June. The company, as per fresh records, processes $6 to $10 million worth cryptocurrencies per month.

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