Playboy lost $4.9M in ETH as global digital currency market tumbled
PLBY Group accepted payments in ETH for its digital collectibles and included the digital currency on its balance sheet, noting that they were subject to impairment losses.
PLBY Group accepted payments in ETH for its digital collectibles and included the digital currency on its balance sheet, noting that they were subject to impairment losses.
Founders of Three Arrows Capital (3AC), a ‘crypto’ hedge fund, appeared to have gone missing after filing for bankruptcy.
Playboy is suing Global Blockchain Technologies (GBT) for not holding up its end of the contract and also for failure to make a $4-million payment as promised.
The network will begin by accepting the Vice Industry Token, specifically designed for adult content, before moving onto accept other coins.