Swooping in almost at the last second to win the "holy grail" issue, the top bidder will now own the most expensive comic book in the world.
The bidding for Action Comics No. 1 -- the "most sought after comic book in the world" -- is at $1,600,100 but promises to soar higher by the time the auction ends August 24.
A deal to allow bitcoin as payment would apply only to eBay's PayPal Braintree business and not to eBay itself or to its PayPal subsidiary, says The Wall Street Journal.
The e-commerce company has more than doubled the number of women in leadership roles over the past three years, but it still has some work to do on racial diversity.
Up for auction on eBay starting August 14, the so-called "Holy Grail" of comic books could easily sell for close to $3 million.
"We want PayPal to be a presence however consumers want to pay," eBay CEO John Donahoe says.
The agreement calls for eBay and the French luxury goods maker to "combat" counterfeit items that wind their way onto the online marketplace, says Reuters.
The separation, brought up by activist investor Carl Icahn in January, will include new management teams for both businesses.
PayPal co-founder Peter Thiel says it makes sense for eBay to split from the online payments service. Now, PayPal will need to focus on making its product more competitive in a mobile world.
Attorneys general in three states in the US are looking into the hack, and an official in the UK is considering a formal probe.