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Verge [XVG] into smelly business, buy seafood using XVG now!

Simran Alphonso

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Verge [XVG] into smelly business, buy seafood using XVG now!
Source: Public Domain Pictures

The digital money world has confronted various assaults on its innovation since its initiation. Verge [XVG], which is moderately a little coin on the digital currency showcase, faces criticism due to their system’s undermining cryptocurrency essentials. Slowly, the coin is gaining its goodwill by updating its system and onboarding better trading platforms.

Tackle Box is a seafood serving company, they serve up a variety of Cajun-style fare. Recently, Tackle Box tweeted:

“Now accepting #VERGE & #TPAY thru @CoinPaymentsNET #PayByName tag-$TACKLEBOX $FISHINGforCRYPTO #xvg #tokenpay @vergecurrency @tokenpay @officialmcafee @FishinNations #fish #fishing #tackleboxNJ #fishinNATIONS”

A Twitterati OSD commented:

“Wow I’m selling my house to buy verge a fish store can finally accept my verge omg

In the earlier tweets, Tackle Box tweeted:

“JUST MADE #CRYPTO HISTORY! A customer going #fishing just asked to #paywithverge YES! NO PROB! #xvg #verge”

Along with this, they made a video wherein a client of Tackle Box paid for the fishes through a wallet offering Verge [XVG] as a payment method.

To this, Cloonson, a Twitter user commented:

“Just saying. That looked complicated as fuck. Searching for the authenticator code… waiting for the confirmation email… waiting for binance to even process it… people could make a meme out of this “How easy it is to pay with crypto””

Kris Chase, the Marketing, and Operations guide of Verge had tweeted about a fix that has been refreshed on GitHub by the advancement group. Users over different online networking stages like Twitter and Reddit kept discussing the activities undertaken by Verge with a specific end goal to defeat the eventual outcomes of the system bugs. There are theories stating that Pornhub and Verge [XVG] partnership might be in danger due to the DDOS case.

Verge, is the highlight of the market as the bugs in its systems have been an unsolved issue for a long time. The digital currency took the strike twice in the previous month when the second hack took 51% of the Verge innovation, slipping off $1.75 million. 

Verge currently is traded at the price of $0.039 and its market cap is $59 million. In the past 24 hours, the XVG has seen a rise of 0.25%, but the weekly price has fallen to 8.76%





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Simran Alphonso is a Journalist at Ambcrypto. She has a background in Financial Markets and holds expertise in Digital Marketing.

Altcoins

Binance coin pumps by over 6% in an hour; breaks its all-time high

Namrata Shukla

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Source: Pixabay

On June 20, Binance coin [BNB], a coin ranked seventh on CoinMarketCap, surged by a massive 6.38% over the past hour. The coin also broke its all-time high and was trading at $36.47, at press time.

Source: Trading view

Source: Trading view

At press time, BNB was being traded at $36.47 with a market cap of $5.097 billion. The 24-hour trading volume of the coin was reported to be $571.64 million, as it spiked by 2.35% over the day. Over the past seven days, the coin noted a rise of 2.03% in its price and continued to rise by 6.38% within the hour.

This hike follows Singapore-based cryptocurrency exchange, KuCoin, listing Binance coin [BNB] and Binance announcing the launch of Elrond project on Binance launchpad. Binance funded the sharding-based public blockchain network in a private funding round, as the company closed the round with $1.9 million. It will be the next project supported by Binance launchpad and the token sale will be carried out in a lottery fashion. The token sale is scheduled to begin from June 22, 00:00 AM [UTC].

The coin was highly traded on Binance exchange with BNB/USDT pair and BNB/BTC pair. BNB/USDT took the first place as it noted a 24-hour trading volume of $137 million, followed by BNB/BTC which reported a volume of $126 million. The third position was taken by LBank exchange, which registered a trading volume of $120 million with BNB/USDT pair.





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