xbiz world
xbiz premiere

SpankChain, 2 Other Blockchain Companies Win $420,000 Grant

SpankChain, 2 Other Blockchain Companies Win $420,000 Grant

CYBERSPACE — The Ethereum Foundation this week awarded about $3 million in grants to a number of blockchain startups and developers as part of its ongoing grant program.

SpankChain, which launched its blockchain-based infrastructure for the adult industry last November,  was one of the recipients of the grants program that was founded to aid in the development of decentralized applications (dapps) and smart contract technology.

In its fourth wave this week, the foundation awarded 20 different individuals or groups for work on client diversity, usability, scalability, security and for building tools.

SpankChain received a $420,000 grant together with developers Kyokan and Connext to complete an open-source software developer's kit (SDK) for a noncustodial payment channel hub.

The largest grants went to developers Prysmatic Labs and Status, each receiving $500,000 to build ethereum 2.0 clients. 

Related:  

Copyright © 2026 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Woodhull Survey Reveals Concern Among Sex Educators Over AV Laws' Impact on Access

A national survey of sex educators by the Woodhull Freedom Foundation found that a majority of sex educators and sexual health professionals are concerned that age verification (AV) laws will negatively impact access to information and resources.

Clips4Sale Wins Trademark Infringement Case Against Fraudulent Domain

The World Intellectual Property Organization (WIPO) has ruled in favor of content platform Clips4Sale in a case against a website using a similar domain to impersonate the site.

Pineapple Support, SextPanther to Host Stress Management Support Group

Pineapple Support and SextPanther are hosting a free online support group focused on stress management for performers.

Goddess Tangent Launches New Site Through Grooby's Blue.xxx

Goddess Tangent has launched her new membership site, TangentOD.com, through Grooby's website management company Blue.xxx.

Ofcom Escalates FTV, Web Prime Investigations Over Age Assurance

Keiran Lee Guests on Chaturbate's 'Sex Tales' Podcast

Keiran Lee is the latest guest on Chaturbate’s “Sex Tales” podcast, hosted by Melissa Stratton and Vanniall, and streaming on the company’s “Camming Life” YouTube channel.

FSC Talks Age Verification on Capitol Hill

The Free Speech Coalition (FSC) has published a blog post detailing the organization's talks on age verification on Capitol Hill in Washington.

FTC Warns PayPal, Stripe, Visa, Mastercard Against Debanking

Federal Trade Commission Chairman Andrew Ferguson sent letters on Thursday to the CEOs of PayPal, Stripe, Visa and Mastercard, warning them against debanking practices — including denying customers access to services based on lawful business activities perceived as high-risk.

AEBN Publishes Report on Ejaculate Trends

AEBN has published a report on ejaculate categories from its straight and gay theaters.

Chaturbate to Hold 'CB15' Creator Retreat in Arizona

Chaturbate will hold its CB15 creator retreat in Scottsdale from April 20-23.

Show More