Home Crypto Ethereum: Playboy Reports Loss Of Nearly $5M On NFT Earnings

Ethereum: Playboy Reports Loss Of Nearly $5M On NFT Earnings

8
0



Ethereum: Playboy Reports Loss Of $5M Approx On NFT EarningsPlayboy, a well-known adult publication, suffered an Ethereum impairment loss of $4.9 million due to the last year’s market-wide downturn. In an annual filing, PLBY Group [PLBY], the parent

firm of Hugh Hefner’s Playboy stated that it began accepting ETH for its NFT initiative called “Rabbitars” launched in 2021. As of last year, the value […]



Read more…

Previous articleFTX debtors report $11.6B in claims, $4.8B in assets with many crypto holdings 'undetermined'
Next articleTop 6 Best Supplements for Athletes to Boost Your Performance & Recovery