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Pornhub Expands Crypto List to Welcome TRON (TRX) and ZenCash (ZEN)

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Pornhub, the 14th biggest website in the US, and 30th biggest website in the world has decided to expand its list of cryptos that can be used as a payment option. In addition to opening up to Verge earlier this year, one of the biggest Porn sites on the internet will now also accept TRON (TRX) and ZenCash (ZEN).

Pornhub adds two new cryptos as payment options

Pornhub is among the biggest websites on the Internet right now, with over 90 million users per day. This huge user base has recently got an option to pay for the site’s services via cryptocurrencies, after Pornhub entered a partnership with Verge back in April 2018.

Now, the company is looking to add more cryptos as payment options, and one of their choices includes TRON (TRX) and ZenCash (ZEN). TRON has experienced a lot of changes lately, with its founder, Justin Sun, continuing on the path that will lead this crypto to greatness. Thanks to Sun’s efforts, TRON has recently launched its MainNet, completed the token migration from Ethereum’s network to its own, and has even had the time to celebrate its Independence Day.

However, Sun’s ambition goes far beyond only that, and the founder of TRON simply doesn’t allow himself a moment of peace. Instead, he purchased BitTorrent for $118 million only days ago and has now managed to establish a partnership with Pornhub as well.

With the new partnership, TRON’s community, which is already extremely big, is only expected to increase even more.

Pornhub’s decision to add new cryptos comes as small surprise, considering that it already added its first one only a few months ago. The company has been known not to shy away from the new tech, and the acceptance of the three cryptos will make it active in the crypto market.

When it comes to Verge, it is a crypto dedicated to anonymity and untraceable transactions. TRON is a digital currency with focus on entertainment. And then, there is ZenCash, which also has a strong focus on online privacy and anonymous transactions that cannot be tracked.

Cryptos are popular and privacy-focused

Pornhub’s VP, Corey Price, stated that the decision was made partially due to the increase in popularity when it comes to decentralized payment systems. Due to their nature, cryptos match the needs of adult entertainment perfectly, since they provide privacy and anonymity to their users.

The decision to go for TRX and ZEN might have taken some crypto enthusiasts by surprise, considering that both of them are relatively new to the crypto world. Still, both are definitely rising coins, with TRX being at $0.0388 and a daily trading volume of more than $100 million. ZEN, on the other hand, is priced at $16.22. Its market cap is at $67 million, which is significantly less than TRON’s $2.5 billion, but both coins have their own strengths and advantages.

In the end, both are strong cryptos, that will only get stronger thanks to moves like this. If nothing else, they will definitely gain more exposure, and possibly even more users. In the meanwhile, the crypto-conquering continues with each new partnership like this, and the digital coins are entering more and more businesses with each passing day.

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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 Thomas Hawk via Flickr

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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