What do the cryptocurrency and porn industries have in common? As it turns out, both are frequent targets of the traditional financial system, which has been known to ban the accounts of both crypto traders and sex workers. On this week’s episode of the newly launched podcast The Agenda, Cointelegraph senior copy editor Jonathan DeYoung and head of markets Ray Salmond speak to Allie Rae, an adult content creator and CEO of WetSpace — a crypto-focused alternative to OnlyFans. Rae first exploded into the mainstream when she lost her job as an ICU nurse after her colleagues discovered her hobby …

What feels better than watching Bitcoin (BTC) skyrocket on bullish mass-adoption news? For hodlers, there aren't too many events in life more satisfying than a trip to the moon — and now the rest of the world seems to be catching on. Bitcoin, it seems, is outstripping sex — at least when it comes to Reddit users — which may come as little surprise to those of us who spend time on the "front page of the internet." Reddit enjoys a massive audience of 440 million users and has been a popular destination for Bitcoin enthusiasts since very early days. …

Earlier today, the domain 'sex.crypto' sold for 230 ETH, or approximately $90,000 at press time. The domain extension .crypto is generated by Unstoppable Domains and is censorship-resistant. The transaction, which occurred on OpenSea's token marketplace, was completed by a user named Maxstealth. Currently, he owns 196 .crypto domains in total. This individual or entity appears to be an Ethereum (ETH) whale, as the Ethereum address from which the payment was sent has received over 10,000 ETH. Currently, the account has only 1.75 ETH left, according to data from CrystalBlockchain. The buyer most likely believes in the future of decentralized domains …

Ethereum-based adult entertainment platform SpankChain has launched a cryptocurrency payments processor together with two new partners. An announcement published on July 31 reveals that the new service — dubbed SpankPay — is being launched with its first two integration partners: the adult entertainment industry fan platform JustFor.Fans and SkypPrivate, an anonymity-focused service that connects models and their clients via Skype and Discord. The Adult Entertainment Space Goes Blockchain SpankPay will enable users to use a host of cryptocurrencies — including BTC, ETH, LTC, Zcash, Monero and others — for instant transactions and 1-click purchasing for adult products and entertainment, and …

Because of its pseudo-anonymous, censorship-resistant nature, cryptocurrency has become a popular payment method in the adult entertainment industry. Porn sites, webcam sites and online sex shops have been using crypto to reduce their dependence on traditional payment services, which often impose restrictions and high transaction fees on these kinds of businesses — which are considered to be high risk. Sex performers, who often struggle to set up regular bank accounts, can receive crypto payments directly from their clients, counting on the immutability and censorship resistance of blockchain technology. Also, from the customer’s perspective, crypto is a more discreet way to …

Canadian adult entertainment giant Pornhub has revealed that less than 1 percent of purchases on the platform are made in cryptocurrencies, Hard Fork reported September 28. Despite the low volume of subscriptions paid with crypto, a Pornhub spokesman told Hard Fork that “[it] expect[s] to see widespread adoption of crypto[currency] and blockchain on our site in the near future.” Pornhub integrated a cryptocurrency payment option in August through a partnership with crypto payment and billing startup PumaPay. Pornhub is reportedly looking to integrate the Ethereum-based payment processor sometime next year. The PumaPay partnership followed a similar agreement with digital currency …

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 …

Porn website Tube8 has revealed plans to create a blockchain-based platform for users to earn crypto tokens as they watch and interact with Tube8 videos, according to Hard Fork, August 17. The adult entertainment streaming site and subsidiary of Pornhub announced a partnership with Vice Industry Token (VIT), which will develop a tokenize platform for Tube8’s 10 million users and 150 million monthly website visits. The new system will reportedly be implemented by the end of the year. As Robin Turner, the spokesperson for Tube8, told Hard Fork, the platform will gives users the chance to “get paid to consume …

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 …

Cindy Gallop is the founder of MakeLoveNotPorn, a site dedicated to establishing the difference between porn and “real world” sex, while further enabling people to share and profit from their own lovemaking videos. It’s been the “profit” part that has her considering Bitcoin. Gallop finds that necessities like VC funding, bank accounts and video streaming platforms usually read “no adult content” in the small print. As many business owners do, Gallop is cautiously and slowly approaching the Bitcoin space. We thought we’d reach out to her and give her a warm crypto welcome. Cointelegraph: What did you see or experience …