Yesterday brought some interesting news in the cryptocurrency space. In a move that is at once sleazy and ridiculous, PornHub and its tech arm Mindgeek announced a partnership with the creators of VergeCoin (XVG), an anonymized cryptocurrency in the vein of Monero that is currently trading at 7 cents, down from an all-time high of about 26 cents during a recent pump.

XVG is a epitome of a coin driven by mania. Originally billed as DogecoinDark in 2014, the currency has had some ups and downs but has always displayed the “move fast and break things” mentality that gives cryptocurrencies a bad name.

The product is so hapless it can’t even get their Wikipedia entry right. The currency developers recently recently beseeched its rabid fans – many of whom have been waxing confused on Reddit – to raise $2 million to build a secret partnership.

Weeks of speculation followed as Vergins speculated about partners, including Ebay and Amazon. The price went up and down and has settled below ten cents, placing it at position twenty-three on the CoinMarketCap list.

It’s doing well but not great. Yesterday the big announcement came, as it were. Read more from techcrunch.com…

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