Tag: Verge (XVG)

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Crypto News

PornHub Now Accepts Tron (TRX) And ZenCash (ZEN) Cryptocurrency Payment Methods

The famous adult content website PornHub has just released the announcement that it is accepting two more cryptocurrencies, besides Verge (XVG). Namely, PornHub now accepts Tron (TRX) and ZenCash (ZEN) as cryptocurrency payment methods.

The addition signals the ultimate crypto-play by the site, which included a payment feature for the Verge (XVG) cryptocurrency in April.

This announcement, initially issued by Variety, was eventually endorsed by Chris Jackson, the PornHub’s spokesman. Accordingly, the site’s members can now three cryptocurrencies to buy subscriptions or for accessing content on PornHub or any of the PornHub’s affiliated platforms and websites.

After accepting Verge (XVG) in April, PornHub emerged into the world of cryptocurrency payment methods. Apparently, everything went as expected, or even better, because the famous adult content website just accepted Tron (TRX) and ZenCash (ZEN) as payment methods. Even more, PornHub is not willing to stop here and plans on adding more cryptos in the future.

PornHub just announced that accepts Tron (TRX) and ZenCash (ZEN) as cryptocurrency payments methods, and will add more in the future

Here at PornHub, it is important that we address the ever-changing payment preferences of our users and, as such, that means accepting cryptocurrencies as a payment method, which provides users with anonymity and security. We hope to continue storing our arsenal of cryptocurrencies, providing our fans with more payment methods than ever before. Hopefully, we will be the precursor to industry-wide adoption.

Corey Price, the Vice President of PornHub, in the official announcement

On the other hand, ZenCash (ZEN) co-founder, Robert Viglione, said in an official statement that PornHub’s affinity for cryptocurrencies is, in fact, helping the adult platform’s members who now have “the ability to pay for adult entertainment in private without fear of exposure.”

So far, no official comments came from Tron (TRX) representatives regarding the announcement made by PornHub that it now accepts Tron (TRX) and ZenCash (ZEN) as new cryptocurrency payment method.

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Crypto News

Verge (XVG) Mass Adoption Campaign Is Definitely Paying Off

Verge (XVG) is not finished as most had believed at the time when the cryptocurrency experienced a succession of assaults within and beyond its blockchain community. Crypto enthusiasts described this altcoin as an obscene, big scam. But Verge’s staff is still bringing new advancements, mainly after they launched the XVG mass adoption campaign which, today, scored its first successful partnerships.

Panchanko accepts Verge (XVG)

Panchanko, a high-end audio cable manufacturer and supplier, has teamed up with Verge (XVG). The firm is renowned in the music business for its endeavors in the manufacture of sophisticated audio cables.

This day keeps getting better! A third-party seller has joined #VergeFam today! https://www.pachankostudio.com now accepts @vergecurrency as payment! It is a company that manufactures audio cables, well known in the industry. @GirandCHANKING thank you for your support! $XVG #XVG #XVG #massadoption.

Miheal, a Verge Currency core team member, on Twitter

Panchanko is owned by Girand Chan King, a native of Africa, who began his love for music at the age of 8 and turned into a self-taught pianist at a young age. He graduated as a computer engineer and left Madagascar for Reunion Island, to explore ways to manufacture high-quality audio cables.

Evolution Host also adopted XVG

Evolution Host, a leading VPS Hosting provider, now supports Verge (XVG). The hosting service that focuses on gaming servers, IRCds and mIRC Bot Hosting has spearheaded the growth of the hosting business by satisfying the requirements of its clients with low prices, and excellent services.

#VergeFam Check out @EvoHostin – https://evolution-host.com now accepts $XVG #Vergecurrency via @CoinPaymentsNET and offers premium quality #vps, #vnc #gamingserver and #ircd #hosting for only $5

Verge (XVG) Team, on Twitter

The Verge (XVG) will become, among other things, one of the most widely accepted cryptocurrencies by the technology sector. Besides, the XVG community hopes that the Verge team will sign more partnerships to help this cryptocurrency become more prominent.

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Crypto

Verge (XVG) Is Experiencing The Third Attack On The Verge Blockchain In Just 2 Months

This week the users of the Verge (XVG) cryptocurrency reported the third attack on the Verge blockchain in the last two months. This news has called into question the developers of the project and raised many doubts among the members of the Verge (XVG) community.

Verge (XVG) owners reported on their Reddit and BitcoinTalk feeds unusual jumps in blockchain confirmation times that could not be identified, in addition to the constant spam that slowed down the blockchain.

The OCminer user published network data to demonstrate irregularities in network mining operations.

These unusual jumps are actually one part of the attack, the other part is spam tx that slows down most daemons and the third part replaces parts of the blockchain with blocks of its own and thus causes orphaned blocks in most pools.

OCminer warned the community that a new alleged Block Retention Attack was occurring, according to his interpretation of the data.

However, users and experts in the field pointed out that this attack has been different from the previous ones reported since the attacker would have deceived the script algorithm, one of the five algorithms used by Verge blockchain, to supplant the time stamp and reduce the difficulty of mining the network.

In this way, the algorithms for confirming a transaction were much easier for the attacker to resolve, who, with little computational power, released the cryptocurrencies he had collected in less time, a practice better known as a Block Retention Attack.

Verge (XVG) is attacked with a Block Retention Attack

To fully understand this phenomenon that occurs in the Verge (XVG) network, you need to know what a Block Retention Attack is all about.

This type of malicious operation is linked to the mining activities and strictly to the working test algorithm (PoW) that work in the Verge blockchain nodes to confirm transactions, so it is a direct attack on the processing power control that these platforms have or on the time stamp of the PoW algorithm.

The attack occurs when a group of miners manage to hoard a high percentage of the Verge (XVG) blockchain’s processing power to mine blocks with transactions from the network they want to keep but do not propagate, so that when they carry their longest secret chain to the point where they could make a profit.

What is worrying the Verge community is that this attack on the Verge blockchain is the third one within a 2 months timeframe, a fact that could crumble the Verge (XVG) stability and value. Now, Verge (XVG) trades at $0.042 (+4.11 in the last 24 hours).

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Crypto

Verge (XVG), Recently Adopted By The Health Sector, Is Going After PayPal

When Verge (XVG) partnered up with MidGeek’s PornHub and Brazzers, two of the biggest names in the pornographic industry, the community showed disappointment and asked for some real partnerships with FinTech sector. However, Verge team kept on moving forward and some names from the health sector adopted XVG. Now, Verge is targeting even higher and is going after PayPal.

Many words were spoken when XVG teamed up with MindGeek who adopted it as a new cryptocurrency-based payments method on its PornHub and Brazzers porn sites.

However, XVG continued to be adopted by small companies and some online stores. But nothing big, apparently.

Verge (XVG) has been adopted by a big name in the health sector

Silently, while the community was still debating the low-profile partnerships Verge signed, a big name in the health sector, Dioxyme, announced on its site, Dioxyme.com, that they have accepted Verge (XVG).

Dioxyme is a big player in the supplements industry where is activating in an interesting niche. The company offers dietary supplements for active people who want to enhance their sportive performances.

Besides Dioxyme, however, XVG has also been adopted by HealthCare, a platform that sells and rents scaffoldings and provides their construction advice when big projects involve them.

Verge (XVG) price

All these news would definitely be good news for every other cryptocurrency but not for XVG. Despite the positive news surrounding the crypto, Verge (XVG) is still trading lower and lower against the USD.

As we speak, XVG is traded at $0.053, registering a decline of 3.21% in the last 24 hours.

However, all these deals it made lately helped Verge coin moving closer to the $1 billion market cap milestone. For the moment, it scores a market cap of only $807 million.

Verge (XVG) is going after PayPal

Supposedly, some inside sources announced that “Verge is aggressively pursuing PayPal via their Venmo platform.” According to the sources, PayPal and its Venmo platform are working on listing a lot of cryptocurrencies and XVG might be one of them.

Categories
Crypto

Verge (XVG) Is Now Listed On The Indian Cryptocurrency Exchange Bitbns

Earlier, Verge (XVG) was listed, in the premiere, on one of the most important Indian cryptocurrency exchanges in the world. Bitbns, that posted the listing announcement yesterday, is, now, the only crypto exchange in India in which it is feasible to buy and/or sell XVG.

Bitbns reported that XVG exchange operation would be started at 04:00 EST (or 13:30 Indian time):

Verge (XVG) listing on Bitbns Indian cryptocurrency exchange helps XVG in its recent struggle for worldwide acceptance

The news is noteworthy as an important step in Verge’s worldwide spread.

Whilst the central bank of India, the Reserve Bank of India, has issued an ordinance on April 5th instructing banks to refrain from providing cryptocurrencies payments by any means, it has also given them a three-month deferral period.

Cryptocurrencies trade volumes have been steadily on the rise since the Indian crypto regulation was introduced. This is likely because of two factors.

First, cryptocurrencies investors in India wish to obtain as much as they are able to obtain from the cryptocurrencies market as long as the cryptocurrency exchanges continue to be active (which are usually offering more liquidity and possess lower fees than peer-to-peer OTC exchanges).

In the second place, there is a developing sentiment in India that the government would not ban trading in cryptocurrency and even if the bank decides to ban cryptocurrency exchanges, cryptocurrencies trading will still be possible via peer-to-peer.

While the RBI looks like it’s possessing an extremely negative perception on crypto assets, in general, and on the probable threats these assets present, in special, as reported by The Times of India, the Indian central bank is currently exploring the possibility of introducing its own cryptocurrency.

In the meantime, Verge (XVG) is listed on one of the most important cryptocurrency exchanges in India, Bitbns, and this announcement will most probably help the coin on the long-term. Meanwhile, at the moment of this publication, Verge (XVG) is not doing well today in the cryptocurrencies market as it trades at $0.076, recording a decline of 4.02% in the last 24 hours.

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