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Coingeek Invests Into Philippine Bitcoin Cash Training Program
Altcoins
Coingeek Invests Into Philippine Bitcoin Cash Training Program
The Calvin Ayre-controlled mining and blockchain company Coingeek is looking towards training developers in the Philippines. The firm recently announced that it will contribute a sizable amount of more than $150,000 to assist in financing Bitcoin Cash development in the island nation, which has become the world’s second-largest outsourcing region. This comes after several separate investments into the R&D of Bitcoin Cash from Coingeek, including both the Bitcoin Cash Shuffle…
Verge (XVG) Partners With Company Behind PornHub and Brazzers
Altcoins
Verge (XVG) Partners With Company Behind PornHub and Brazzers
MindGeek, the company behind adult-entertainment websites Brazzers and PornHub, will begin accepting the privacy-centric Verge (XVG) cryptocurrency. This comes as Verge and MindGeek announce a partnership. The anonymous Verge altcoin will be used to pay for a variety of different premium services and products, and the adoption marks an important milestone, as PornHub is not only the largest site for online pornography – it is also one of the largest…
XRP is not a Security, Claims Ripple Chief Strategist
Altcoins
XRP is not a Security, Claims Ripple Chief Strategist
 The XRP coin, which is a cryptocurrency developed by the San Francisco-based public Ripple Consensus Ledger is currently the third-largest digital currency in the market, with a market cap of over $22bln. It is also a foundation on which the main products of Ripple, such as xRapid, xCurrent or xVia are built. Recently, the allegations have arisen, claiming that Ripple distributes XRP by selling the coins and the majority of…
Monero Experiences Major Drop in Hashrate Following Hard Fork
Altcoins
Monero Experiences Major Drop in Hashrate Following Hard Fork
 The privacy-centered altcoin Monero recently implemented a hard fork in order to resist ASIC miners. The execution of this more or less worked as expected, but it also led Monero to experienced a drop in hashrate of around 80%, a dramatic decline for the currency. It is currently unclear whether this will hurt the cryptocurrency long-term, and it also remains to be seen whether it is only a temporary decline.…