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TrafficJunky Accepts Verge (XVG) because of Pornhub

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One of the biggest online advertising networks, TrafficJunky announced that they will, starting Monday, May 7, accept Verge (XVG) as a payment option.

TrafficJunky is a very large advertising network that claims to serve over 4 billion impressions per day. Only a few weeks after Pornhub decided to accept Verge as a payment option, this network announced that they will do the same. This will be yet another large partnership that Verge managed to enter in a very short period of time.

Pornhub’s decision inspired others

Verge did not reveal their partnership with Pornhub until around 75 million XVG tokens were raised in a crowdfunding campaign. The campaign was preceded by the hack of Verge, and succeeded by a rise in a market value. These events happened in a very short period, and as a result, there were many different views on the credibility of Verge. Following the hack, many believed that it was not properly secured, and some even went as far as to call it a scam.

TrafficJunky’s statement, however, disclosed that the advertisers will be capable of funding their own accounts through Verge (XVG). This will allow them to enter TrafficJunky’s network, which is currently serving more than 4 billion impressions on a daily basis.

Product and Operations Manager for TrafficJunky, Rabih Boulmona, stated that it was only a matter of time when the ad firm will follow in Pornhub’s footsteps. He added that TrafficJunky’s team is excited by the fact that they will be able to provide another safe and convenient payment method that their users can benefit from.

Not everyone was thrilled by Verge’s partnerships

There was a lot of skepticism regarding the partnership between Verge and Pornhub. Some believed that there was no need for something like this and that it might actually damage the crypto market.

Despite this, Verge’s value went up almost immediately after the partnership was announced. Even so, Verge still has a tough time when it comes to regaining confidence and proving its safety and credibility. Its price has seen many ups and downs since, and even in the last 24 hours, it managed to drop down again, after a 10% increase that it has seen during the last week.

Verge halving is coming

Verge has announced recently that it will soon go through the block reward halving. According to them, crypto is planning on halving at block 2,124,000.

Some analysts believe that this act will make the quantity of newly-earned XCG reduced to a half of the amount that is currently circulating. Possible consequences of this may include the increase in Verge’s price, with a real possibility that they might skyrocket in the following days.

According to Verge itself, this move is a part of their transparent and very predictable monetary policy.

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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

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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