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Pornhub picks PumaPay for recurring Tron (TRX) and Verge (XVG) payments

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Little by little, the crypto world is making its way to several industries out there. In fact, in the last months, we have seen many partnerships and initiatives deployed that now put the crypto in the picture. And what it exactly means? Well, it says that now cryptos are figuring as payment options for many goods and services, a step that undoubtedly bring us closer to what Satoshi envisioned back in 2009 with the creation of the leader of the market Bitcoin (BTC).

Without a doubt, we have come a long way from where it all started, and the truth is, we could not be more excited. Recently we have seen how it is possible now to buy in nearly 20,000 online retailers using cryptocurrencies such as Tron (TRX) with platforms such as Bitcoin Superstore. But that’s only the beginning, as now other opportunities are emerging, including, of course, the possibility of paying for adult entertainment subscriptions by using crypto tokens.

In this sense, one of the most visited adult websites, Pornhub has partnered with PumaPay to enable crypto payments on its website and allow premium users to utilize their crypto holdings. Let’s see all the details of this.

Pornhub/PumaPay partnership

One of the most desirable features of credit card payments is the capability of registering the card and then not bothering about paying manually anymore, as the institution involved will charge directly to the credit card the amount stipulated in a monthly basis. So what if we take that to the crypto world as well? No need to ask twice! That is exactly what PumaPay is going to do with Pornhub as per the recent alliance.

PumaPay is an open source crypto payment platform that dedicates to facilitate and implement periodic payment solutions by making use of virtual coins. A blockchain company based in Cyprus develops the platform, and to enable frequent crypto payment solutions, it offers a protocol dubbed the ‘PullPayment protocol’. It is because of this protocol that payment options such as recurring payments are a possibility in a transaction, and in the same way, pay-per-use operations.

As Yoav Dror, the CEO of PumaPay stated, PumaPay is a network that functions under the PullPayment protocol, and this allows to “reverse the mechanics of a transaction, enabling merchants to ‘pull’ crypto funds from their customers’ account”.

He continued,

“With PumaPay, merchants avoid the drawbacks of the current banking systems, such as high transaction costs, the insecurity of chargebacks (reverse transactions) and associated fines, and the lack of customer anonymity.”

Crypto to be used by Pornhub

With the solution mentioned above, Pornhub will be able to allow the premium subscribers to pay with cryptos. But which are the selected ones for the website (you probably already know)? Well, so far the adult entertainment site has partnered with just a few cryptocurrencies, Verge (XVG) and Tron (TRX) are initial two, both of which are stepping solidly in the cryptoverse lately (yes, Verge has been in hot water).

The Pornhub acceptance was expected to impact both Tron and Verge positively as far as their prices are concerned, but that didn’t go as it was expected when the announcement came out a couple of months ago. Still, as the real circulation of crypto tokens is going to start over the adult platform now, the demand and price could increase too. So stay tuned, we can all be sure great things are coming.

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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 thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of PXhere.com

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FOTON Bank Is Launching An All-in-One Crypto Banking Service to Process up to 500 Transactions per Second

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The decentralized FOTON project is launching its next-generation crypto-bank ecosystem to stimulate and facilitate the use of cryptocurrency payments worldwide, as stated in the official press release published by the company.

The statement issued by the FOTON project on December 3, referred to the launch of a decentralized crypto-bank designed for multi-currency transactions featuring a built-in fiat and cryptocurrency exchange system and instant contactless payments for goods and services worldwide. The system is intended to become a stable and flexible ecosystem that will enhance scalability for services related to financial assets, exchange solutions, cards, accounting, and business/customer services.

The technology being employed in the design of the ecosystem was specifically created to tackle some of the most critical issues facing the modern banking system, as well as the widespread adoption and application of cryptocurrencies in routine business transactions. The issues the FOTON project’s ecosystem seeks to solve include overregulation, bureaucracy, centralization, system faults, volatility, legal constraints and complications related to practical use.

We are creating the ecosystem that will prove to be the impetus and basis the crypto market needs to make the effective transition to becoming the next global banking system,” as stated by Andrey Pashkevich, CEO and Co-founder of FOTON.

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“The time to buy is when there’s blood on the streets” – Baron Rothschild

You have probably heard these stories, but let me explain why they are as important today as they were 100 years ago when first spoken. Not only that, it is just as relevant today. A bit of a background first.

Napoleon was at war with England. The Battle of Waterloo, it was England’s last chance to save itself, and remain as England. Baron Rothschild was standing at his post in the London stock exchange. If England wins, the market will rally, if Napoleon wins, it will go to shit. Baron Rothschild sends his private messenger to Waterloo and demands that he return to him and report who won the war.

His messenger does so and makes it in time before the public knows anything. England had won the Battle of Waterloo.  At his stand on the exchange, what does Barron do? You would think buy up stocks right? Nope, Baron starts to sell, at first slowly, and then faster. The other brokers on the floor watch what Rothschild is doing and think “Baron knows something, we lost, start selling”. Now, the brokers on the exchange begin selling in a frenzy. In the midst of all this, Baron begins placing buy orders at the bottom of the market through other brokers who do not know…

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Crypto Users’ Search For a Good Bitcoin Blender Stops With Bestmixer.IO

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At first glance, it might seem easy to find a good bitcoin blender that guarantees your anonymity and is secure. There are after all a number of big bitcoin mixers on the market, so how different can their services really be?

If that’s what you’re thinking, beware. All bitcoin blenders claim to have anonymous transactions – that is after all the main reason why anyone would want to use these services. This claim was however always difficult to test. How does one go about to check if these promises are indeed true?

This was the case until BestMixer.io appeared on the scene. Unlike previous bitcoin anonymization services, BestMixer.io features complete, verifiable anonymization for bitcoin. Releasing a utility named the Coin Anonymization Event (CAE) check, BestMixer.io not only proved that their bitcoin transactions could not be traced, but also showed that those of their competition could be. With this bold move, BestMixer.io not only demonstrated that they are a good bitcoin blender, but one could argue that they are the best. Even though those services that were exposed as not being anonymous have in the meantime changed their systems to prevent the CAE-check from revealing transaction detail, would you really be happy to trust them again?

BestMixer.io mixes not only Bitcoin, but also other leading cryptocurrencies including Bitcoin cash, Ethereum, Litecoin and Bitcoin SV.

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