Crypto Suffers Dramatic One-Day Loss, Playboy Gets in on the Craze

Over the course of just 24 hours, global cryptocurrencies lost $60 billion in value. The market cap of global digital coins was around $310 billion on Thursday morning, compared to $372 billion a day earlier. The drop likely stems from fears over further regulation, in addition to Google's announcement that it will ban crypto-related ads later this year. Plus, Playboy is the lastest company to get in on the crypto action. The company is developing a digital wallet that will allow customers to make payments on its platforms using a handful of digital coins. Playboy's chief operations officer of licensing and media said the company felt it was important to give their customers "increased payment flexibility.”

More In Business

House Bill Pushes TikTok Sale: App’s Future in U.S. Uncertain

The US Moves Toward Possible TikTok Ban. The House Bill Mandates ByteDance to Sell App Within a Year or Face Removal from US App Stores

Tik Tok Ban Passed in Foreign Aid Bill. What's Next?

The U.S is one step closer to potentially banning Tik Tok.

These Clean Energy Stocks Are Always in the Green

Make every day Earth Day by helping the U.S. make the switch to clean energy. Bonus: It’s inflation proof.

Harbor is Redefining Baby Monitoring without Biometrics

Enter Harbor, a new state-of-the-art baby monitor system, has opted not to include biometric monitoring.

How Two Companies are Using Tech and AI to Squash Bedbug Infestations

With an uptick in bedbug infestations, two companies, Spotta and Comcast’s Machine-Q, are joining forces and using tech and AI to squash this problem.

After Israel’s Attack on Iran, It’s Good Time to Invest Internationally

We may not be headed for a 2008-esque disaster, but increased geopolitical tension paired with the end of the tech boom means volatility could stick around.

Bitcoin Halving Is Today: Here’s What that Means

Bitcoin halving typically raises the value of the cryptocurrency – and it could be an ‘exemplary’ hedge against inflation.

Big Business This Week: Netflix’s Gamble Pays Off, The Halving Is Upon Us and Oh God Rate Cuts

The dreaded Netflix crackdown on profile sharing translated into a major boost in subscribers while the promised rate cuts seem to be a far off fantasy.

Disneyland Is Spending $2 Billion on New Rides, Hotels, and More

Disney’s nearly $2 billion plan means new rides, hotels, and more.

How Two Companies are Using Tech and AI to Squash Bedbug Infestations

With an uptick in bedbug infestations, two companies, Spotta and Comcast’s Machine-Q, are joining forces and using tech and AI to squash this problem.

Load More