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| G-Eazy, Mariah Carey, Motorhead & More Accepting Monero Cryptocurrency for Holiday Sales Will you be doing your holiday shopping with cryptocurrency? The open-source cryptocurrency Monero is banking on it. On Tuesday (Dec. 5), Monero announced its new online shopping initiative called Project Coral Reef that allows music fans to purchase holiday gifts and merchandise from over 35 ...
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| Western Union Blocks Cryptocurrency-Related Transactions In a post by a Reddit user in early December 2017, the company has reportedly advised the cryptocurrency exchange Kraken that it is not processing a transaction related to digital currencies because it is against its internal rules. This decision by WU is expected to adversely affect the operation of virtual ...
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| Venezuela's economy is in free fall. The government says a digital currency is the answer. "Venezuela will create a cryptocurrency," Venezuelan President Nicolás Maduro said on Sunday, according to Reuters. In a televised broadcast, Maduro provided few details of how such a currency — backed by oil and gas reserves, as well as gold and diamonds — would work in practice, and the plans ...
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