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Mystery Revealed: Verge (XVG) Just Partnered up with Pornhub

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Verge had us all hyped about acquiring a brand new partnership that will in every possible way manage to sky-rocket XVG towards the primary objective of their team, which is to obtain a mass adoption of cryptocurrencies while enabling their users to share their data with utmost security. To be able to do so, XVG team claims that they needed to partner up with none other than Pornhub! Let’s see how this partnership came to the realization as well as list all the perks that Pornhub users and XVG enthusiast will be able to take advantage of thanks to this partnership.

Verge Partnering up with Pornhub

Although the majority of Verge followers thought that XVG would be partnering up with TokenPay, with listing more potential partners as the guessing of mystery partnership was on the loose, it is less than likely than anyone expected to see Pornhub interested in partnering up with XVG as one of many digital assets available on the market.

However, this partnership is pretty logical if you think about it, given the fact that Pornhub and their users value privacy on top of everything else. Furthermore, after the mystery partnership was finally revealed today, Pornhub representatives stated in the official press release that they have been planning on meeting the requirements of their faithful users, leading their business to the next level. That is how they decided to partner up with XVG – they wanted to provide their users with the opportunity to be able to pay for Pornhub services by using a digital asset that would automatically give all users with the privacy they need.

Pornhub is considered to be among top websites for adult entertainment, which is obviously a business that never gets old. However, since Pornhub wants to stay on the top, they decided to start implementing some novelties into their business. They have also mentioned that they have a reward program for their faithful users as well as that they have recently added the option of VR adult entertainment. Now, when Verge is also in the game, both XVG and Pornhub are looking forward to a bright future that surely waits in the following months.

To be able to enter this partnership, XVG had to collect 75 million XVG units, which were provided by investors and coin holders and received in only five days since the original tweet where the team is asking for donations to reveal a mystery partnership. Given the fact that the goal was reached, and pretty soon as well, XVG has then announced the revelation of the mystery partnership that would occur on today’s date, April 17th.

That is when the countdown started with hype affecting XVG units in a very positive way as significant rises were spotted in the market, helping XVG to bounce off after this digital asset has seen some sick days during the market crash.

Pornhub is said to have one of the biggest, and maybe the biggest processors for operating payments, altogether making this fact one of the main reasons for having the XVG team pursuing this partnership. Moreover, Pornhub is due to promote XVG and Verge, along with supporting their technology in an “aggressive” marketing campaign that should be launched any time soon now that the mystery partnership has been revealed.

The team behind XVG is thanking all their supporters for making them closer to their goal as well as for the trust they have put into XVG and their core team, stating that this critical partnership wouldn’t be possible without the support of XVG holders and investors.

Given the fact that the adult entertainment industry is one of the heaviest industries when it comes to market capitalization, we can easily see Verge progressing towards completing the main objective of the team behind XVG as well as going up in the market price in the time to come as visibility and value of this digital asset has just been significantly increased.

How is Verge doing at the Current Moment?

Verge has shown some fantastic improvements as the hype behind the mystery partnership was being pumped up as the date of the announcement was slowly but steadily approaching.

Just before the announcement of the mystery partnership, Verge was trading in the green against the dollar going up for over 17% against the dollar, while also rising against BTC for nearly 16%. This benevolent change made Verge trade at the price of around 0.096$ per one XVG unit, making it closer to its all-time high of 0.15$ per one XVG that was marked back in December of 2017.

However, after the revelation of the mystery partnership, Verge seems to be going down in the market, although it was thought that this long-awaited announcement would further increase the value of XVG in the market, which is still pretty probable in the long run.

After the latest change in the market, which occurred just a couple of hours after the unveiling, Verge started to trade in the red with the most recent drop of -4.33% per one XVG unit, which makes us all wonder if investors and holders who participated in the crowdfunding are disappointed in having Verge partnering up with Pornhub.

Whatever the cause for this recent drop, it is yet to be seen how this important and newly acquired partnership will affect XVG in its further ventures.

At the current moment, XVG can be bought at the price of 0.078$ per one XVG after the latest drop of over 4%.

We will be updating our subscribers as soon as we know more. For the latest on XVG, sign up for our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Alf Igel via Flickr

Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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