Gwyneth Paltrow Partners with Block's Cash App, Announces $500,000 Bitcoin Giveaway

Eva Fox by Eva Fox December 22, 2021

Gwyneth Paltrow Partners with Block's Cash App, Announces $500,000 Bitcoin Giveaway

Photo: Gwyneth Paltrow

Gwyneth Paltrow announced that she is giving away $500,000 worth of Bitcoin in partnership with Block's Cash App. Although her tweet was initially perceived as that the actress's Twitter account had been hacked, Paltrow snapped a photo of herself using the app to convince that her message was credible.

On Monday, American actress and entrepreneur Gwyneth Paltrow announced on her Twitter account that she is giving away $500,000 worth of Bitcoin in partnership with Block's Cash App. She said the popular payment service is helping to democratize the process of investing in cryptocurrency.

To participate, her fans must post their $Cashtags on Twitter and Instagram to qualify for the giveaway. Each $Cashtags will be able to receive up to $100 worth of Bitcoin.


Some users have speculated that Paltrow's account was hacked to promote cryptocurrency, as has been done on numerous occasions with other celebrity accounts. This forced the actress to provide additional evidence that her tweet was credible. Paltrow posted a photo of her using CashApp in front of a Christmas tree to prove she really was behind the giveaway.

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Article edited by @SmokeyShorts, you can follow him on Twitter






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