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Wikipedia Traffic Drops as AI Answers Eat the Free Encyclopedia

The Wikimedia Foundation has reported an 8% decrease in human traffic to Wikipedia, attributing the decline to users opting for AI-generated summaries displayed directly in search engines rather than visiting the site. Nearly 60% of Google search queries now yield instant responses powered by Wikipedia content, which has led to a perception that the platform's visitor numbers are dropping as users get answers without accessing the articles. After an investigation, the foundation discovered that many previous traffic counts included bot activity disguising themselves as human visitors. As a result of these changes, fewer individuals are not only visiting Wikipedia but also likely participating in content updating efforts or donating to the foundation. This trend aligns with broader industry concerns as media publishers are facing similar declines in referral traffic due to AI technologies. The Wikimedia Foundation is responding by enforcing attribution policies and exploring alliances with platforms like YouTube and TikTok to reach younger audiences.

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Stablecoins are really 'central business digital currencies' — VC

Jeremy Kranz, founder of Sentinel Global, emphasizes the need for investors to exercise discernment regarding privately-issued stablecoins, as they present risks akin to central bank digital currencies (CBDCs) alongside unique challenges. He describes these stablecoins as 'central business digital currencies' that can allow issuers like banks to control

Ondo Finance Urges SEC to Delay Nasdaq's Tokenization Plan Over Transparency Gaps

Ondo Finance has asked the U.S. Securities and Exchange Commission (SEC) to postpone a proposed rule change from Nasdaq that would allow for the trading of tokenized securities. The firm raised concerns regarding a lack of transparency surrounding the operations of the Depository Trust Company (DTC), which is expected

Bitcoin Holding Institutions Seeking Yield

Institutional interest in Bitcoin is evolving as asset managers and corporate treasuries seek yield opportunities beyond passive holdings. Platforms like Rootstock and Babylon are facilitating this shift, enabling yield generation through Bitcoin-based solutions such as staking and collateralized stablecoin products. Richard Green from Rootstock noted that many institutions want their

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