There is never a shortage of drama or excitement surrounding the Verge cryptocurrency. Despite having made a lot of positive headlines over the past few weeks, Verge continues to stumble. Unfortunately, it is the second time an exploit associated with this project has been discovered. So far, over $1.7 million worth of XVG has been stolen, although the full impact remains to be determined. Another Verge Exploit Causes Trouble Earlier this year, it became apparent that the Verge blockchain had fallen victim to a massive exploit. At the time, hackers stole an undisclosed amount of XVG which was subsequently converted to fiat currencies through various exchanges. ItPowered by WPeMatico
Even though not everyone likes the Verge currency or its ecosystem, the success of this project cannot be denied. It appears Verge is of great interest to all kinds of industries, ranging from adult entertainment networks to the health sector. It’s the latter development which is especially surprising, albeit very intriguing. The Health Sector and Verge It is rather interesting to see cryptocurrencies making inroads in so many different sectors all of a sudden. For Verge, one of the privacy-oriented cryptocurrency projects, things are headed in a positive direction. After a major deal was struck with Pornhub and Brazzers, it seems a completely different industry
Accident-prone altcoin verge has been crippled by yet another mining attack. A little over a month after being subjected to a 51% attack, the network is once again at the mercy of a malevolent attacker who is rejecting blocks and profiting handsomely off the carnage caused. The repeat attack illustrates the risks faced by low […]
Ever since Verge partnered with Pornhub, things seemingly have made little sense when it comes to the latter platform. Even so, it shows they are genuinely interested in cryptocurrency for various reasons. Pornhub’s latest venture involves paying models in the Verge cryptocurrency. It’s a surprising decision, and one that raises a lot of questions. Pornhub has an Ambitious Plan Verge surprised the entire cryptocurrency ecosystem when they announced a partnership with Pornhub not that long ago. At first, some enthusiasts assumed it was ‘fake news’, as there is very little reason for a respected entity such as Pornhub to partner with one of the
Since its inception, one of the major goals of the cryptocurrency community has been the adoption of Bitcoin as a payment method for goods and services. As it stands now, consumers can use Bitcoin across a number of industries to purchase everything from real estate, to PCs, to pizza. However, Bitcoin’s high transaction costs, deflationary nature, and full transparency represent some of the shortcomings that prevent Bitcoin from seeing widespread merchant adoption. As such, enthusiasts, consumers, and producers alike have gotten behind a number of altcoins as mediums of exchange for a variety of uses. While Bitcoin acted as the catalyst for the first
It seems that drama and excitement are reaching new heights in the Verge world. After an announced partnership with Pornhub, the community is now looking toward the future. A potential partnership with Spotify will certainly introduce a lot of changes, but it seems unlikely this altcoin will be successful in achieving that goal. Verge and Spotify Deal Remains Unlikely It has to be said that interesting partnerships are forged in the cryptocurrency world quite regularly. In such cases, the momentum and hype can elevate a particular currency to a whole new level in short order. In the case of Verge, the reality
There is no shortage of ambition in the world of cryptocurrency. A lot of alternative cryptocurrencies aim to become the next Bitcoin, even though they will face a major uphill battle. For fans of the Verge altcoin, a new petition has gone live in order to see XVG added to Adyen. Another Potentially Useless Altcoin Petition When it comes to ensuring altcoins gain traction, there are various ways to go about things, though most efforts will prove to be unsuccessful in the long run. We have seen numerous petitions created on Change.org, even though they have all fallen short of making a meaningful
As Bitcoin holds above US$8,000, altcoins are seeing increasing support and continual growth. The past week has shown the first sustained period of growth in recent months, as the global cryptocurrency market cap has seen more than 25% growth since last Tuesday. Bitcoin (BTC) has seen a modest increase of 1% in the past 24 hours, and is currently trading at US$8,075. While this is by no means an exciting growth, the relative growth of altcoins versus Bitcoin is exciting. Of the top 100 currencies on Coinmarketcap (excluding BTC and Tether), only 15 have failed to outperform Bitcoin in the
While it may be premature, many are suggesting that a true reversal is finally taking place. As Bitcoin establishes higher lows, and more and more altcoins are seeing huge appreciations, there seems to be evidence to suggest the bears are being driven out. Coupled with abundant, positive news recently, it’s possible that the extended red will soon turn green. Last week, Bitcoin (BTC) held support at US$6,600. More recently, floors were established at $6,700, and days later $6,800. Today, Bitcoin is holding above the $6,900 mark, and is gradually pushing towards a renewed support at $7,000. This growth has been
When it comes to volatile cryptocurrencies, there are quite a few notorious examples on the market. Bitcoin is obviously at the top of the list, but it is far from the only currency to suffer from this fate. In fact, it seems the Verge price is gaining some momentum in this regard as well, although that is not necessarily a positive development. Verge Price Volatility Reigns Supreme It is quite interesting to keep an eye on price movements associated with the Verge price. While the currency has a very loyal community and following, it is evident there are a fair