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.

AccessTimeIconDec 22, 2020 at 2:01 p.m. UTC
Updated Aug 19, 2021 at 6:16 a.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

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.
  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    The last regression video of the year 3.67.0
  • Disclosure

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

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    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