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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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SpankChain Shuts Down SpankPay Crypto Payment Processor

Ethereum-based adult entertainment platform SpankChain has closed down its crypto payment processor, SpankPay, after losing its payment service provider Wyre in February and failing to find a new one.

by Luisa Crawford
Mar 22, 2023

CRYPTOCURRENCY

SpankChain Shuts Down SpankPay Crypto Payment Processor

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