Pornhub Partners With PumaPay to Accept Crypto as Payments

Published at: Aug. 24, 2018

Canadian adult entertainment streaming website Pornhub has announced a partnership with cryptocurrency payment and billing startup PumaPay to enable its users payments in cryptocurrencies, according to a tweet August 23.

Pornhub is now accepting PumaPay, with its “unique” pull payment protocol that will allow users automatically pay for their subscriptions, including PornHub Premium. PornHub promoted the partnership with a YouTube video entitled “Pornhub and PumaPay Save the World.”

The move follows a similar agreement with cryptocurrency Verge (XVG) completed in April. The partnership with Verge allows customers to pay with the coin for Pornhub Premium and all purchases within the product.

Earlier this month, Pornhub subsidiary Tube8 revealed plans to develop a blockchain-powered platform for users to earn crypto for watching and interacting with Tube8 videos. Through a partnership with Vice Industry Token (VIT), Tube8 will create a platform for its 10 million users, that will give them the chance to “get paid to consume [their] free content.”

In March, Playboy Enterprises announced it will be developing an online wallet that will allow customers to use cryptocurrency to pay for company’s online media and includes support for VIT.

However, earlier this month, Playboy sued Canadian firm Global Blockchain Technologies for failing to deliver on a deal in which they would integrate the blockchain platform into Playboy’s websites.

VIT also got involved in the legal conflict, and plans to seek restitution of its own after “purportedly losing millions of crypto tokens in a crumbling deal between Playboy Enterprises and... Global Blockchain Technologies.”

Tags
Adoption
Altcoin
Cryptocurrencies
Payments
Canada
Porn
Sex
Related Posts
Pornhub Adds Tether Stablecoin as New Crypto Payment Option
Adult entertainment website Pornhub has added a new cryptocurrency payment option after PayPal had abruptly stopped servicing its models in late 2019. According to a Jan. 23 blog post, Pornhub now supports Tether (USDT) — a major United States dollar-pegged stablecoin — to allow instant and zero-fee payments via the crypto wallet and browser extension TronLink. Pornhub supports Tron-based USDT TronLink is a native wallet for Tron (TRX), the 12th largest cryptocurrency by market cap that is backed by the Tron Foundation. The USDT token became available on the Tron network after Tether and the Tron Foundation partnered and released …
Adoption / Jan. 23, 2020
Playboy Sues Canadian Blockchain Firm for Fraud and Breach of Contract
Beverly Hills-based Playboy Enterprises is suing Canadian firm Global Blockchain Technologies (GBT), claiming that it failed to integrate blockchain technology into Playboy’s online media channels, the Los Angeles Times reported August 14. Playboy Enterprises reportedly filed a lawsuit in Los Angeles County Superior Court, accusing the Canadian company of fraud and breaching a contract, which the two companies drew in March. Per the terms of the agreement, GBT would integrate the Vice Industry Token (VIT) on Playboy’s media sites. Playboy said that the blockchain firm not only failed to fulfill the requirements, but also omitted a payment of $4 million …
Adoption / Aug. 15, 2018
Australia's crypto ecosystem 2020: The spark for a DeFi explosion
For a country of 25 million people, Australia punches well above its weight both economically and in the world of blockchain. Australians have long been enthusiastic adopters of new technology, from cellphones to smart homes, so it’s little surprise they’ve embraced crypto too. Chainalysis ranks Australia 20th out of 154 countries surveyed this year for its "The 2020 Geography of Cryptocurrency Report," citing favorable regulation that legitimizes the technology as driving "steady growth in adoption." Australian crypto educator Alex Saunders, founder of Nuggets News, said the Australian crypto community encompasses everyone from hardcore Bitcoin (BTC) maximalists to well-known Ethereans and …
Adoption / Dec. 20, 2020
Crypto poses no big risk to economy so far, Bank of Canada official says
Cryptocurrencies like Bitcoin (BTC) do not pose any significant risk to the financial system at their current level of adoption, according to Bank of Canada’s Deputy Governor Paul Beaudry. Beaudry spoke about the risks to the stability of the Canadian financial system at the Ontario Securities Commission Dialogue 2021 on Nov. 23. When asked whether cryptocurrencies are a risk, the deputy governor responded that the Bank of Canada doesn’t think that crypto is “developing in a way that creates a systemic type of risk for a financial system” up to now. This is because cryptocurrencies are “quite removed from a …
Adoption / Nov. 25, 2021
Dogecoin is better than Bitcoin for payments, Elon Musk declares
Tesla CEO Elon Musk believes that Bitcoin (BTC) is not that good for everyday payments as the meme-based cryptocurrency, Dogecoin (DOGE). Musk compared the world’s largest cryptocurrency, Bitcoin, to DOGE in a Time Magazine interview shortly after being named Time’s 2021 Person of the Year. “Bitcoin is not a good substitute for transactional currency. Even though it was created as a silly joke, Dogecoin is better suited for transactions. The total transaction flow that you do with Dogecoin, like transactions per day, is much higher potential than Bitcoin,” Musk said. Tesla CEO emphasized that Bitcoin is more suitable as a …
Adoption / Dec. 14, 2021