2023-8-28 12:51 |
In a recent filing, OnlyFans' revealed its Ethereum holdings which faced market turbulence as 2022 proved a bear market for the crypto realm. origin »
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OnlyFans’ parent company, Fenix International, revealed its crypto holdings in its latest financial filings, confirming that it purchased Ethereum worth $19. 9M between 2021 and 2022. Nonetheless, unwelcoming events such as Terra’s debacle and Celsius’s bankruptcy catalyzed the downside trend in the crypto market within the past twelve months.
2023-8-28 09:34 | |
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In a strategic move that underscores the growing integration of crypto into mainstream business operations, Fenix International Limited, the parent company of the adult content subscription platform OnlyFans, has made a significant investment in Ethereum (ETH).
As traditional financial institutions continue to clamp down on the adult industry, cryptocurrencies are gradually becoming the go-to payment method for sex workers. The post Adult stars turn to crypto after banks cut them off appeared first on CryptoSlate.