We've curated a list of the most popular news articles and tweets on the following trending topic - Playboy loses $4.9 million on Ethereum NFT payments.
The parent company of Playboy, PLBY Group, has reported an impairment loss of $4.9 million on the Ethereum ($ETH) it held last year, which was received after it accepted the cryptocurrency as a payment method for a non-fungible token (NFT) collection.
According to its annual report, the company has incurred a $4.9 million impairment loss.
Playboy said it may not enjoy significant growth if it fails to engage with digital assets and crypto
PLBY Group, the parent company of Playboy, has disclosed significant losses on the Ether holdings it earned from an NFT collection it launched in late 2021.
Negative swings in the market price of Ethereum may have had a material impact on the company's earnings and carrying value.
PLBY Group (NASDAQ: PLBY), the parent company of Hugh Hefner's Playboy, reported an impairment loss of $4.9 million on its Ethereum (CRYPTO: ETH) holdings. What Happened: The company accepted Ethereum as payment for the “Rabbitars” non-fungible tokens, or NFTs, that were launched in 2021.
Playboy, founded by the late Hugh Hefner, announced a staggering impairment loss of $5 million on its Ethereum holdings from last year. The company attributed the loss to the prolonged crypto winter that had a significant impact on the broader market, causing a decline in cryptocurrency prices.
PLBY Group (PLBY), the parent company of Hugh Hefner's Playboy, said it took an impairment loss of $4.9 million on the Ethereum it held last year, as crypto winter saw a significant decline in the broader market prices.
Check below to see all of the open jobs organised by team.
Client Services & Strategy (17)
Engineering & Modelling (124)
Finance & Accounting (20)
Legal Services (9)
Marketing & Communications (30)
People & Places (9)
Product & Design (34)
Technical Services (20)
Parity Technologies / Director of Product Marketing and Analyst Relations / Europe - Remote / https://t.co/geQ4Kv3dOW / #ParityTech #crypto #cryptojobs
Alchemy / Software Engineer (Rust) / New York / https://t.co/1f1HHFakTc / #AlchemyPlatform #crypto #cryptojobs
MoonPay / Technical Recruiter / UK - Remote / https://t.co/6GPEyA6dOo / #moonpay #crypto #cryptojobs
Alchemy / Technical Sourcer / New York / https://t.co/LVNUBpjPy5 / #AlchemyPlatform #crypto #cryptojobs
Polygon / Senior Manager - HR Operations & Rewards / Dubai / https://t.co/zuTeI0wFTS / #0xPolygon #crypto #cryptojobs
Polygon / Director - Business Development - APAC / Singapore / https://t.co/et66dyDMXW / #0xPolygon #crypto #cryptojobs
Further / Investment Associate / Dubai / https://t.co/X06NNOwTAk / #further #crypto #cryptojobs
Hiro / Sr. Software Engineer, Developer Tools / New York / https://t.co/9JQOo47i84 / #hirosystems #crypto #cryptojobs
Hiro / Software Engineer, Developer Tools / New York / https://t.co/Ql1LyVO3lO / #hirosystems #crypto #cryptojobs
Hiro / Blockchain Engineer / New York / https://t.co/ET5jATa4PZ / #hirosystems #crypto #cryptojobs
We've ranked our most popular companies for you. Check out their amazing jobs right now!
2. BitGo Jobs
3. Casa Jobs
4. AAVE Jobs
5. Polygon Jobs