Verge went through some issues with the release of it's Wraith Protocol. Many people classified it as vaporware. However the Verge team said they would release an update at the end of the year.
They waited until the last possible second, but did release an update to the Verge core on New Year's Eve. However, they are still working on it. From their github, it looks like people have been trying to use it with stealth addresses but have been running into bugs. Their github is constantly being updated. So, the Wraith Protocol isn't dead. It's actively being worked on.
Apparently, Wraith has been implemented for months in different forms. Verge has implementation with Tor and I2P. They're working on the stealth switching now.
However, I'm trying to figure out if the Verge team is to blame for this marketing screw up or is this what happens when non-technical people expect magic to happen in development. Perhaps I should put the blame on the development team. Like it or not, they have a responsibility to be clear with supporters and investors. They were not clear. No one really knows what is happening around the coin at this point.