Bitcoin
$62,750.24-1.36%
Ethereum
$3,167.64-4.43%
Binance Coin
$589.61-2.95%
Solana
$136.50-3.90%
XRP
$0.51211296-1.29%
Dogecoin
$0.14244998-4.89%
Toncoin
$5.29-3.69%
Cardano
$0.45706272-2.60%
Shiba Inu
$0.00002352-5.15%
Avalanche
$34.51-0.29%
Tron
$0.11823224-2.05%
Wrapped Bitcoin
$62,818.99-1.56%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
Countdown to Consensus 2024The largest and longest running event that covers all sides of Crypto and Web 3
29
DAYS
21
HR
23
MIN
15
SEC
Tech

First Cryptocurrency Used by Pornhub Eyes New Use Case in Mobile Charging

Verge is teaming with a U.S. firm to launch a mobile-charging device that accepts crypto payments.

By Tanzeel Akhtar
AccessTimeIconDec 22, 2020 at 2:01 p.m. UTC
Updated Sep 14, 2021 at 10:46 a.m. UTC
Voice Life's charging system
Voice Life's charging system
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Cryptocurrency project Verge, previously adopted for payments by Pornhub, is forging a new role as a means to pay for mobile charging.

  • Verge Currency announced Tuesday it has teamed up with a U.S.-based firm called Voice Life to develop a new mobile charging device that accepts verge (XVG) as payment.
  • The tech will be on display at the Consumer Electronics Show in January 2021.
  • When launched, users will be able to use the VergePAY platform to fund a two-minute charge of mobile devices. XVG is the only cryptocurrency the system will use, a Verge representative told CoinDesk.
  • The system will use a Far-Field Wireless Power Charging System from Voice Life. This "will ultimately convert ambient terahertz waves into storable energy," according to the firm's website.
  • Voice Life CEO Robert Smith said, "The 'holy grail of blockchain technology' is going to be a real-time application that extends its utility beyond just improving financial transactions. We believe we are developing that application with Verge."
  • Pornhub previously used verge as its only cryptocurrency option for performer payouts after PayPal withdrew its services from the company. It has since added the tether (USDT) stablecoin and tron (TRX). More recently, it added bitcoin and litecoin payments.

Also see: PayPal’s Axing of Pornhub Model Payments May Boost Crypto Conversions

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

Read more about
VergePornhub