Image Image Image Image Image Image Image Image Image Image Image Image

| November 14, 2018

Scroll to top

Top

Playboy Archives -

TMZ

Diddy Skydives for 49th Birthday, Lands at Playboy Mansion

November 5, 2018 |

Diddy took a page straight out of Will Smith’s birthday playbook to celebrate the big 4-9 … jumping out of a plane that’s more than 10,000 feet above ground.  The Bad Boy honcho went skydiving Sunday to celebrate his 49th birthday and,…

TMZ.com

Hugh Hefner’s daughter Christie opens up about keeping Playboy founder’s legacy alive

September 27, 2018 |

For Christie Hefner, visiting the Playboy Mansion was a child’s dream.
FOX News

Playboy Model Strangled in Philadelphia Apartment

August 24, 2018 |

A 36-year-old who modeled for Playboy , Victoria’s Secret, Maxim, and others has been strangled to death in her suburban Philadelphia apartment, reports local affiliate Fox 29 . Police found Christina Carlin-Kraft—her Facebook page is here —in the bedroom of her condominium in the upscale Main Line neighborhood about 9:15pm…
Newser

Playboy Sues Wallet Developer for Failing to Integrate Crypto Across Its Platforms

August 15, 2018 |

Playboy Sues Wallet Developer for Failing to Integrate Crypto Across Its Platforms

Playboy is reportedly suing a Canadian cryptocurrency firm for allegedly failing to integrate a “wallet that would support a range of cryptocurrencies across the company’s online media, digital and casual gaming businesses.” Playboy.tv was supposed to be the first of the company’s platforms to feature the new crypto wallet and payment options.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Playboy Sues Canadian Crypto Company

Playboy Sues Wallet Developer for Failing to Integrate Crypto Across Its PlatformsPlayboy Enterprises Inc., the parent company of the Playboy magazine empire founded by Hugh Hefner, is suing a cryptocurrency firm listed on the Canadian Securities Exchange (CSE) “on allegations of fraud and breach of contract,” the LA Times reported Monday.

In the lawsuit filed in Los Angeles, Playboy claims that Global Blockchain Technologies (CSE: BLOC) “failed to live up to an agreement to integrate blockchain technology into Playboy’s online media channels,” the publication elaborated. The Beverly Hills-based company is seeking unspecified compensatory and punitive damages.

Global Blockchain Technologies, on the other hand, dismissed the suit as a “normal dispute” between two firms, calling the fraud allegation “frivolous.” In a statement to the news outlet, the Vancouver-based company wrote, “Global believes it has a strong defense to the action and will be vigorously defending same.”

Playboy’s Crypto Integration Plan

The two companies made an agreement in March, according to the lawsuit. At that time, Playboy announced:

The company is developing an online payment wallet that will support a number of cryptocurrencies across the company’s online media, digital and casual gaming businesses.

Playboy Sues Wallet Developer for Failing to Integrate Crypto Across Its Platforms“Playboy.tv will be the first of the company’s media platforms to feature the new digital wallet,” the company wrote, adding that it “will enable the online platform to accept vice industry token (VIT), among other leading cryptocurrency tokens, for access to the brand’s exclusive content.” The crypto wallet is expected to be “available before the end of the year,” Playboy confirmed at the time. Playboy.tv currently advertises over 80 TV shows and over 2,000 episodes.

Launched in April, VIT aims to be a payment medium for the adult, gambling, and cannabis industries. Its market cap quickly rose to a high of $ 7 million after launch but has been falling steadily to just above $ 1 million today, with each token currently worth two-thirds of a penny at the time of this writing.

Playboy Sues Wallet Developer for Failing to Integrate Crypto Across Its PlatformsGlobal Blockchain Technologies made a separate announcement in May that it was “building a cryptocurrency wallet for Playboy that can hold VIT” to be integrated into “the Playboy.tv web media portal.” The company also confirmed at the time that “the integration of VIT into Playboy.tv and the wallet is set to be launched before the end of 2018.”

However, in the lawsuit filed, the LA Times reported:

Playboy said GBT [Global Blockchain Technologies] hasn’t made good on the deal and also failed to pay the $ 4 million it promised as part of the agreement.

What do you think of Playboy suing Global Blockchain Technologies? Do you think Playboy will find another way to integrate crypto? Let us know in the comments section below.


Images courtesy of Shutterstock, Global Blockchain Technologies, and Playboy.


Need to calculate your bitcoin holdings? Check our tools section.

The post Playboy Sues Wallet Developer for Failing to Integrate Crypto Across Its Platforms appeared first on Bitcoin News.

Bitcoin News

Hugh Hefner’s daughter Christie opens up about keeping Playboy founder’s legacy alive

July 12, 2018 |

For Christie Hefner, visiting the Playboy Mansion was a child’s dream.
FOX News

Former Playboy model pushed son, 7, out of NYC hotel room window before own fatal leap: report

May 22, 2018 |

A former Playboy model pushed her 7-year-old son out the 25th floor window of her New York City hotel before committing suicide, police said Monday.
FOX News

Malibu Beach to sell for more than Playboy Mansion, break Los Angeles price record

April 25, 2018 |

Hard Rock Cafe co-founder Peter Morton will sell the home on Tuesday to gas billionaire Michael S. Smith.
FOX News

Playboy Plans to Integrate Multi-Cryptocurrency Wallet

March 15, 2018 |

Playboy TV Plans to Integrate Multi-Cryptocurrency Wallet

On March 14, the adult industry leader Playboy Enterprises announced the integration of cryptocurrency payments starting with its Playboy TV web portal. According to the announcement, customers will be able to access adult content, exclusives, and augmented reality (AR) and virtual reality (VR) initiatives in the future.

Also Read: Bitcoin Futures Predictions Volumes Grow

Increased Payment Flexibility

Playboy TV Plans to Integrate Multi-Cryptocurrency WalletPlayboy is an adult lifestyle and entertainment company that was founded in 1953 by Hugh Hefner. The firm became one of the first adult industry leaders within the sex industry and continues to be a dominant player. Headquartered in Beverly Hills, California, Playboy Enterprises publishes magazines, websites, television broadcasts, and radio in roughly 180 countries worldwide. Now the firm plans to introduce cryptocurrency payments for its online services starting with its Playboy TV subsidiary.

Reena Patel, the chief commercial officer and head of operations for Playboy Enterprises, stated:

As the popularity of alternative payment methods continues to grow around the world, along with the reach of Playboy’s digital platforms, we felt it was important to give our 100 million monthly consumers increased payment flexibility.

Playboy TV Plans to Integrate Multi-Cryptocurrency Wallet

Rewarded for Engaging with Playboy Offerings

According to Playboy, the company will integrate a multi-cryptocurrency wallet that will hold a variety of top digital assets and a coin called Vice Industry Token (VIT). By using cryptos to pay for exclusive adult content, customers will be able to “earn tokens to view Playboy.TV’s original content, as well as comment on and vote for content.”

“This innovation gives the millions of people who enjoy our content, as well as those in the future who participate in our casual gaming, AR and VR platforms, more choices with regard to payment and in the case of VIT, an opportunity to be rewarded for engaging with Playboy offerings,” explains Patel.

This isn’t Playboy’s first rodeo with cryptocurrencies as the Playboy Brand Website; Playboy Plus started accepting BTC payments back in February of 2014.

What do you think about Playboy TV adding a crypto-wallet? Do you think cryptocurrencies and adult entertainment is a good mix? Let us know your thoughts in the comments below. 


Images via Playboy Magazine, Playboy TV, and Pixabay. 


At news.Bitcoin.com all comments containing links are automatically held up for moderation in the Disqus system. That means an editor has to take a look at the comment to approve it. This is due to the many, repetitive, spam and scam links people post under our articles. We do not censor any comment content based on politics or personal opinions. So, please be patient. Your comment will be published.

The post Playboy Plans to Integrate Multi-Cryptocurrency Wallet appeared first on Bitcoin News.

Bitcoin News

TMZ

Playboy Mansion’s Already Getting Historic Monument Protection

January 29, 2018 |

The Playboy Mansion desperately needs a fix up, and the work just got approved by the folks who will, most likely, designate Hef’s old crib a city landmark … TMZ has learned. The mansion’s new owner, Daren Metropoulos, has been cleared to…

TMZ.com

TMZ

Playboy Files to Protect Retro Bunny Logo, Even After Hugh Hefner’s Death

October 24, 2017 |

Playboy is taking steps to protect its biz regarding its iconic bunny logo — almost a month after their founder Hugh Hefner died. Playboy filed to renew the rights to a retro version of its Playboy bunny mark on a ton of its packaging and…

TMZ.com