SpankPay Announces Results of New Year's Bitcoin Giveaway

LOS ANGELES — SpankPay has announced more than 1,000 performers have signed up to the platform following the conclusion of a New Year's Day rollout of a $100,000 bitcoin giveaway.

"The highly buzzed-about activation was intended to raise awareness for SpankPay among models and adult talent, while educating them on the ins-and-outs of cryptocurrency and its various benefits," a rep explained.

"All the [new models] had to do to enter was sign up for SpankPay to automatically receive $75, and for every successful sign-up, referrals were also awarded $25," continued the rep. "Models have been happy to discover that SpankPay takes a marginal 1% fee [per] transaction, which is next-to-nothing compared to normal payment processors on most adult sites."

"Furthermore, SpankPay Me personal payment profiles allow models to get paid directly by their fans in crypto — and debit cards — without any downtime, and cash out their earnings immediately," the rep noted. "Fortunately, because SpankPay uses blockchain technology, models never have to worry about someone coming for their cash, as is the case with chargebacks. With SpankPay, your money is yours and no one can take it from you."

Visit SpankPay.com and follow the platform on Twitter for additional details.

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

German High Court Puts Pornhub, YouPorn 'Network Ban' on Hold

A German high court on Friday temporarily barred a state media regulator from ordering internet providers to cut off access to Aylo-owned adult sites Pornhub and YouPorn in Germany, pending further action by Cypriot and European Union authorities.

Luxembourg Media Regulator Fines LiveJasmin for AV Noncompliance

The Luxembourg Independent Audiovisual Authority (ALIA) has levied a fine of 25,000 euros (approximately $28,000) against webcam platform LiveJasmin for failing to comply with provisions of the country’s Electronic Media Law.

AdultHTML Introduces Subscription Option for Website Owners

AdultHTML has added a subscription option for its web development service, allowing site owners to pay a monthly fee for access to developers and tools.

French Parliament Rejects Ban on Purchase of 'Remote' Sexual Services

The French National Assembly has backed off from a proposal to criminalize the purchase, and/or facilitation by online platforms, of sexual services performed remotely by streamers and custom content creators.

2027 XBIZ Exec Awards Pre-Nominations Period Opens

XBIZ is pleased to announce that the pre-nomination period for the 2027 XBIZ Exec Awards, the adult industry’s preeminent career honors, begins Wednesday and runs through Oct. 14.

Takedown Piracy Reports Infiltration, Monitoring of Mega.nz

Takedown Piracy has reported that it successfully infiltrated Mega.nz folders and identified and removed nearly two million instances of stolen content.

Pornhub Unblocks Australia Users on iOS Devices, Citing Apple AV Effectiveness

Pornhub parent company Aylo on Tuesday announced that users in Australia will once again be able to access the popular site if they are using Apple devices and have confirmed their age through Apple’s Australian age-verification process.

California Governor Signs Bill Limiting CIPA Claims

Governor Gavin Newsom has signed into law a bill to narrow the scope of the California Invasion of Privacy Act (CIPA), to prevent abusive lawsuits targeting online businesses, including adult websites.

California Enacts Stricter UGC Rules for Adult Sites

Governor Gavin Newsom has signed into law a bill to impose tighter compliance standards for user-generated content (UGC) on adult websites accessible in California.

Minister: UK Aims to Begin Enforcing 'Choking' Ban Before Year's End

The U.K. will soon begin enforcement of a new law criminalizing depictions of “non-fatal strangulation” in adult content, according to a Ministry of Justice official.

Show More