PriFi.info

Verge

A multi-algorithm proof-of-work cryptocurrency, formerly Dogecoin Dark, whose privacy is network-level routing over Tor: amounts and the coins each transaction spends are public, as on Bitcoin.

LivePrivacy coin

As of 23 October 2026 Verge ran proof-of-work, with Verge Core 26.10.1 released on 22 October, while a proof-of-stake transition was in beta on testnet with no mainnet date found.

Market cap
$40.4MDefiLlama, 29 Oct 2026
Launched
9 Oct 2014
Token
XVG
Chains
Verge

Checked on 23 Oct 2026. Information only, not investment advice.

How it works

Verge is a cryptocurrency with its own blockchain, whose genesis block, stamped "Name: Dogecoin Dark", dates from 9 October 2014; it launched as Dogecoin Dark under its lead developer, Justin Sunerok, and was renamed Verge in 2016. It has no premine and held no ICO. Miners add a block about every 30 seconds with proof-of-work across five algorithms, scrypt, x17, Lyra2rev2, myr-groestl and blake2s, and a rule limits how often one algorithm can follow itself; the README gives a total supply of 16,521,951,238 XVG. Verge Core refuses automatic chain switches that would undo more than six blocks, which its README calls a local safeguard rather than cryptographic finality, and a proof-of-stake transition was in testnet trials in October 2026.

Verge's privacy is mainly at the network level. Verge Core bundles Tor, and nodes and wallets can connect through it or run as Tor hidden services, so that peers and observers cannot tie a transaction to the user's IP address; Bitcoin Magazine reported in 2018 that several Verge wallets used Tor by default. Third-party descriptions, such as Komodo Platform's, say Verge also integrates I2P, but the documentation in its code repository covers only Tor. The ledger itself has no cryptographic privacy for amounts or spent coins: there are no ring signatures, confidential amounts or zero-knowledge proofs. Since its Wraith Protocol release of 2018, Verge has offered optional stealth addresses, which pay a one-time address that only the payer and payee can link to the recipient's published address; RingCT, also promised under Wraith, had not been implemented by September 2018, and no RingCT command appears in Verge Core's RPC reference today.

On the ledger, every amount, every input and output and the links between transactions are public and can be analysed as on Bitcoin; only the IP address behind a transaction, when Tor is used, and the recipient behind a stealth payment are protected. Since July 2026 Verge Core has also carried Secure Messaging, paid wallet-to-wallet messages encrypted with a fresh ephemeral key exchange for each message, each tied to an on-chain funding marker.

The chain has repeatedly been rewritten. In April and May 2018 attackers used false timestamps to mine blocks about once a second on one algorithm, a timewarp attack that, by press reports, earned them some 35 million XVG in May alone. On 15 February 2021 Coin Metrics recorded a reorganisation of more than 560,000 blocks, about 200 days of transactions, whose last common ancestor with the previous chain dated to July 2020; Verge said it was not a 51% attack and that a fix had been released.

Market cap over time

Verge has no TVL: it is a coin with its own blockchain, so the chart shows its market cap. Daily market cap from Coin Metrics Community Data (CC BY-NC 4.0) since 22 Jun 2019, and the current value from DefiLlama. The latest value is from 29 Oct 2026, 04:53 UTC. The series is in protocol-verge.json, listed on the Data page.

What it hides and what it does not

What it hides

  • The IP address behind a transaction, from peers and network observers, when the node or wallet connects through Tor, which Verge Core bundles.
  • Which published address received a stealth payment: optional stealth addresses pay a one-time address that only the payer and payee can link to the recipient.

What it does not hide

  • Every amount: Verge has no confidential transactions, ring signatures or zero-knowledge proofs.
  • Which coins each transaction spends and the links between transactions, which can be traced as on Bitcoin, including for stealth payments.
  • Ordinary payments to normal addresses, which link to the recipient's address in full; stealth addresses are optional.
  • The IP address of a node or wallet that does not use Tor: I2P is not covered by the documentation in Verge's code repository.

Drawn from how it works, above; the sources are listed at the end of the page. Where privacy still leaks explains the patterns, such as timing and amounts, that can give users of any design away.

Audits

None found when this profile was checked on 23 Oct 2026.

Incidents

Eight incidents, oldest first: flaws, exploits, sanctions, prosecutions and other events that affected the project or its users.

  1. Exploit

    An attacker exploited a bug in Verge's difficulty retargeting by giving blocks false timestamps about an hour old, which let blocks be mined about once a second on one algorithm, as described by ocminer of the Suprnova pools; Verge called it a small hash attack lasting about three hours. The team hard forked to undo the exploited blocks, which at first left the network unable to sync; Security Affairs put the take at about USD 1 million, while The Next Web later reported 250,000 XVG.

    Source: Verge Cryptocurrency suffered a cyber attack, dev team responded with an Hard Fork Security Affairs, 9 Apr 2018

  2. Exploit

    Attackers used the same timestamp flaw again, mining blocks one second apart on the scrypt algorithm over a few hours and taking about 35 million XVG, then worth more than USD 1.7 million, according to The Next Web; ocminer said it was the same glitch, while Verge said some mining pools were under a denial-of-service attack.

    Source: Hackers exploit Verge blockchain again, steal $1.7M The Next Web, 22 May 2018

  3. Upbit in South Korea ended XVG trading at 11:00 KST under a notice of 8 May 2020 citing the project's anonymous-transaction aims, having designated it an investment-warning asset and stopped deposits on 29 April.

    Sources: [Market] Termination of trading support (5 projects) - GRS, IOTX, KMD de-flagging from Investment warning (notice 1266) Upbit, 8 May 2020; 디지털 자산 유의 종목 지정 안내 (8종) (Investment warning designation of 8 digital assets, notice 1254) Upbit, 29 Apr 2020

  4. Exploit

    Coin Metrics recorded a reorganisation of more than 560,000 blocks, erasing about 200 days of transaction history, on a chain whose last common ancestor with the previous one dated to July 2020; Coin Metrics' researchers described an apparent 51% attack. Verge said there had not been a 51% attack, that malicious elements had tried to take over the chain and that its developers had released a fix with miners.

    Sources: Pornhub favorite Verge token loses 200 days of transactions Decrypt, 15 Feb 2021; Verge network undergoes major reorganisation ForkLog, 16 Feb 2021

  5. Huobi Global delisted XVG with DASH, DCR, FIRO, XMR, ZEC and ZEN, having ended trading on 6 September and closed deposits on 12 September 2022; HTX's API gives 22 December 2022 as the trade-open time of a new XVG/USDT market.

    Sources: Huobi Global to Delist DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN (Internet Archive copy of 2022-09-13) Huobi Global, 12 Sep 2022; HTX spot API: all supported trading symbols (v2) HTX, 13 Oct 2026

  6. Bitfinex ended XVG trading at 13:30 UTC, in a batch of delistings that Bitfinex's help centre gives the same halt date for, including QTUM, VET, SNX and TAIKO.

    Source: Verge (XVG): Delisted Bitfinex

  7. Gate delisted its XVG perpetual contract and margin trading, citing regulatory requirements and market changes, with XMR, ZEC, DASH and ZEN in the same announcements; spot trading was not covered, though XVG was later removed from Gate's public API and site search.

    Sources: Gate will Delist XMR,DASH,ZEC,ZEN,XVG Perpetuals (26 Dec 08:00 UTC) Gate, 20 Dec 2024; Gate to Delist Margin Trading Markets and Quantitative Strategies for XMR, DASH, ZEC, PIVX, ZEN, SBTC, FIRO, XVG, XMR3L, XMR3S, ZEC3S, ZEC3L, DASH3L, DASH3S, ZEN3S, ZEN3L Gate, 22 Dec 2024; Gate API v4: spot currency XVG Gate, 13 Oct 2026

  8. Binance Margin and Loan delisted XVG with BAR and PIVX; XVG spot trading on Binance was not affected.

    Source: Binance Margin And Loan Will Delist BAR, PIVX, XVG on 2026-04-17 Binance, 14 Apr 2026

Milestones

Six milestones, oldest first.

  1. The genesis block was created for Dogecoin Dark, the coin renamed Verge in 2016.

    Sources: chainparams.cpp (genesis block) Verge (GitHub), 23 Oct 2026; Battle of the Privacycoins: Verge Offers Little Privacy and Nothing Unique Bitcoin Magazine, 18 Sep 2018

  2. MindGeek, the owner of Pornhub, announced that it would accept XVG, the partnership for which Verge's community had been asked to raise funds in March.

    Sources: Pornhub gets in bed with Verge cryptocurrency to offer anonymous payments The Next Web, 17 Apr 2018; Porn Partnership Pumps This Cryptocurrency Up 22% Fortune, 17 Apr 2018

  3. Verge Core 26.5.0 introduced year.month version numbers and a new wallet interface, and shows the bundled Tor version in its debug information.

    Source: Verge Core v26.5.0.0 Verge (GitHub), 4 May 2026

  4. Verge Core 26.7 added Secure Messaging: paid, encrypted wallet-to-wallet messages of up to 5,000 characters, kept on the network for up to 31 days.

    Source: Verge Core v26.7: Now with Secure Messaging Verge (GitHub), 2 Jul 2026

  5. Verge Core 26.8 updated the bundled Tor and enforced the rule limiting consecutive blocks of one algorithm when headers are accepted, among other proof-of-work hardening.

    Source: Verge Core v26.8: Tor and OpenSSL update, and lots of hardening Verge (GitHub), 28 Aug 2026

  6. A seventh beta of Verge Core 27 continued testnet trials of a proof-of-stake transition, with fixes to staking bonds and staking RPC commands.

    Source: V27.beta7 Verge (GitHub), 20 Oct 2026

Funding

Two sources of funding, oldest first. Amounts are in US dollars; a dash means the sources give no US dollar figure.

DateRoundAmountInvestors

No premine and no ICO, according to the project's README; new XVG come from mining

Source: Verge README: specifications Verge (GitHub), 23 Oct 2026

 – –

Community crowdfunding with a target of 75 million XVG for an undisclosed partnership, later revealed as MindGeek; The Next Web reported the amount as about USD 3 million, for payment integration, marketing and hardware wallet work, and Fortune reported that 18 million XVG were moved from the fundraising wallet without explanation

Sources: Pornhub gets in bed with Verge cryptocurrency to offer anonymous payments The Next Web, 17 Apr 2018; Porn Partnership Pumps This Cryptocurrency Up 22% Fortune, 17 Apr 2018

 $3M Community donors

Risks

Verge offers little privacy on its ledger: amounts and the coins each transaction spends are public, so payments can be traced as on Bitcoin, and only the IP address behind a transaction, when Tor is used, and the recipient of an optional stealth payment are protected. The chain's history has been rewritten several times, by timewarp attacks in April and May 2018 and by a reorganisation of more than 560,000 blocks in February 2021, and its README describes the six-block limit on automatic reorganisations as a local safeguard, not finality or a guarantee against mining attacks; a planned move to proof-of-stake was still in testnet trials in October 2026. No security audit of Verge Core was found. Access through large exchanges has narrowed: Upbit delisted XVG in 2020 over its anonymity aims, and Huobi, Bitfinex, Gate's derivatives markets and Binance's margin service have dropped it, though Binance, HTX and MEXC listed it for spot trading on 13 October 2026. From 10 July 2027 the EU's Anti-Money Laundering Regulation will bar crypto-asset service providers from keeping accounts that allow transactions to be anonymised or obscured, including through anonymity-enhancing coins.

Sources

The documents this profile rests on. Each audit, incident, milestone and funding round above also links its own sources.

Checked on 23 Oct 2026. Confidence: reported. Information only, not investment, legal or tax advice.

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