Rumours were abounding re the “plug in” (see what we did there) between Verge (XVG) and the Pornhub website however rumours they are no longer as they officially announced the connection. Pornhub subscribers can now pay using the crytptocurrency and keep their porn habits private. Prior to the announcement the price was on a steady climb amid the chat (could that be “chaturbate?”) but immediately XVG began dropping in response to the confirmation announcement in fact a decrease in price of up to 30% has been reported. Clearly this is a bunch of folks cashing in on the rise and the whole thing should settle in a short while.

Verge Currency was created in 2014 under the name DogeCoinDark. In 2016, it was rebranded to Verge Currency. Verge is a decentralized open-source cryptocurrency that offers anonymous transactions by obfuscating the IP address and geolocation of its users so that they are untraceable using technology including Tor and I2P. It trades under the symbol XVG. Verge Currency is a cryptocurrency designed for everyday use. It improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient and decentralized way of making direct transactions while maintaining personal privacy. Verge has a transparent ledger that allows anyone to view all of its transactions, but protects user identities and locations by integrating both Tor and I2P to not expose IP addresses. The price of Verge skyrocketed from under $0.01 to $0.28 in a matter of days in late December 2017. It is currently as we write trading at $0.071144 USD (-33.83%).

Finboy