OnlyFans | Crypto

Fake romance crypto investment scams net $9 million in a single week in Hong Kong, as Malaysian authorities lose it over a crypto conference’s after-party. HONG KONG An insurance agent in Hong Kong was fleeced out of $3.3 million after her fake online boyfriend convinced her to invest in a fraudulent crypto application. There were 25 similar romance-linked fraud cases reported to Hong Kong police between July 24 and July 30, which collectively defrauded lonely hearts of $9 million. Scammers typically connect with victims through dating or messaging apps and sometimes spend months building a rapport before dropping the idea of investing in crypto. They direct victims to a site that appears to be a legitimate trading application. It displays fake profits to encourage victims to invest more and more funds. Victims typically realize they have been scammed when they are unable to withdraw funds. Hong Kong news in brief — Hong Kong-licensed cryptocurrency exchange HashKey Exchange received approval from JPMorgan Ch...

Scientists are using OnlyFans to help fund decades of marmot research, while unofficial memecoins inspired by the project have emerged on Solana.

OnlyFans and Pornhub creator accounts may be harder to secure than a crypto account, but stricter hurdles don’t always mean stronger KYC. The verification process on adult platforms can be more cumbersome than Know Your Customer (KYC) checks on cryptocurrency exchanges — though added difficulty doesn’t necessarily reflect stronger compliance. Signing up as a model on OnlyFans or Pornhub isn’t all that different from opening an account on a crypto trading platform. The process often begins with a Google login (or other online accounts, depending on the exchange), followed by the familiar ritual of selfies and ID uploads. Both adult platforms and crypto exchanges are under mounting scrutiny over how they verify users — one to prevent minors from selling explicit content, the other to stop criminals from laundering money.  Read more

An analysis of an OnlyFans model’s earnings suggests the so-called stripper index doesn’t hold up when applied to digital adult content and Bitcoin. The "stripper index” — an anecdotal measurement that connects economic health with spending on adult entertainment — appears unable to predict Bitcoin’s (BTC) price. Kodi Rose, a self-described “dollar stripper” and adult content creator, alluded to these frontline insights in a recent viral TikTok video, saying she believes the economy is already in a recession as fewer customers are asking where they can “hit the slopes,” a social code for cocaine. The digital equivalent of exotic dancers is adult content creators, and OnlyFans dominates the space. On the platform, users subscribe to creators and tip for extras. Read more

Former X Factor star Violetta Zironi, sold a song for 1 BTC and generated 340 ETH in sales but says OnlyFans performers get more respect. Violetta Zironi, a 30-year-old Italian singer-songwriter, might just be the poster child for Web3 music. Her path as a musician shot out of the gates at the age of 18, when she finished third on the popular reality TV show, X-Factor Italy in 2013.  Since her TV stardom, Zironi ditched a music label deal with Sony Records that she felt took advantage of her and now mints her songs on the blockchain. In a little over three years, Zironi has built and cultivated a community of fans who see value in owning her music as NFTs. Now based in Nashville, Tennessee, she recently sold a 1 of 1 song titled “n0 0rdinary kind” for 1 Bitcoin ($60,000 at the time) as an Ordinal, and has amassed over $2.5 million in revenue through her music NFTs, including her debut collection “Moonshot” on Ethereum where the artwork was done by her father, a renowned Disney visual artist.  Read more