Playboy Enterprises launches its cryptocurrency wallet

One of the first corporate platforms to allow digital currency payments later this year is set to be Playboy.TV
14 March 2018   1036

Adult industry is catching up to the world crypto fever: today Playboy Enterprises Inc. announced its cryptocurrency wallet is under active development. The wallet is to support multiple digital currencies and serve as a payment method for the family of its online media, digital and casual gaming businesses. And the first product to implement the feature is going to be Playboy.TV: along with the wallet there will be Vice Industry Token (VIT) as well as other leading cryptocurrencies that will be accepted within the wallet.

With the introduction of VIT, viewers will be able to pay and earn tokens view, comment and vote for the original content of Playboy.TV service. Before the year's end the wallet is set to be released with corporate plans to implement the product into forthcoming AR and VR gaming initiatives.

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. 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.

 

Reena Patel

CCO & Head of Operations, Playboy Enterprises, Inc.

Vice Industry Token is a curious service, as users are incentivized to just binge watch the content for which they are rewarded with tokens. This decentralized blockchain platform was launched earlier this year and is in the process of a crowdsale that ends on March, 20.

Karpeles to Face Another 10 Years in Jail

Japanese enforcements agencies blamed Mt. Gox CEO in stilling $3M
12 December 2018   29

Japanese prosecutors blamed the head of the already inactive exchange Mt. Gox Mark Carpeles in embezzling 341 million yen ($ 3 million) from a bank account trading platform. The prosecutors made the corresponding statement in the Tokyo District Court, demanding 10 years of imprisonment for Karpeles, reports The Mainichi.

[Mark Karpeles] diverted company funds to such uses as investing in a software development business for personal interest" and "played a great role in totally destroying the confidence of bitcoin users.
 

Japanese prosecutors

It is noted that in September-December 2013, the head of MtGox allegedly transferred funds to personal bank accounts, and then invested in the software development business.

Carpeles is also accused of faking the data of the trading system of the exchange for the fabrication of balance sheets.

The deadline for accepting applications from affected investors as part of the civil rehabilitation of Mt. Gox has been extended until the end of December.