Patent describes way to use blockchain technology for the sale and transfer of domain names. The U.S. Patent and Trademark Office has granted patent number 11,645,370 (pdf) to Verisign (NASDAQ: VRSN) for "Transferring a domain name on a secondary ... Continue Reading1 Comment
Lego scoops up cybersquatted web3-related domains
· Policy & LawMan registered 14 domains including the famous Lego brand. Lego, the maker of the iconic connectable toy pieces, has won a case (pdf) against a cybersquatter who registered a bunch of web3-related domains with the famous brand in them. Most of ... Continue Reading3 Comments
Hey crypto companies: you NEED to use Registry Lock
· ServicesRegistry Lock would have likely prevented two recent crypto attacks. Companies that deal with cryptocurrencies are effectively financial institutions, and they need to take extra precautions to prevent domain hijacking. Last week, SpiritSwap ... Continue Reading5 Comments
How the web3 fallout impacts the domain aftermarket
· UncategorizedEven if you don't own web3 assets, their fall could impact domain sales. There's an awful lot of red on CoinMarketCap right now. Popular cryptocurrencies have lost a quarter of their value over the past week, and some have seen their values ... Continue Reading5 Comments
What does bitcoin sub-$30k mean for the domain market?
· UncategorizedSome thoughts about the state of crypto markets and the impact on domain name values. The price of bitcoin fell below $30,000 this morning, making it down 55% since its high in April. Other cryptocurrencies are faring even worse. Ether is down 60% ... Continue Reading6 Comments
Domain records aid in investigating dead crypto exchange owner
· UncategorizedDomain records help connect the dots to uncover dead crypto exchange owner's history. CBC News has a remarkable story about the death of Gerald Cotten, who was CEO of the Canadian cryptocurrency exchange QuadrigaCX. It's a thrilling tale with an ... Continue ReadingLeave a Comment
How cryptocurrency drives the domain aftermarket – DNW Podcast #339
· PodcastsWill a drop in cryptocurrency prices impact the domain aftermarket? Crypto markets had a wild ride last week. My guest this week, Amanda Waltz of Saw.com, discusses the impact that cryptocurrency prices have on domain name sales. Even if you don’t ... Continue Reading1 Comment
A counterparty wanting to use cryptocurrency for a domain is a red flag
· Domain SalesThere are few legitimate reasons to use cryptocurrency in domain transactions. I've been thinking a lot about cryptocurrency as a payment and disbursement option for domain transactions. The key question is why someone would buy a domain or accept ... Continue Reading27 Comments
Cryptocurrency and NFTs are supercharging end user domain name sales
· Domain SalesMany recent domain sales are tied to cryptocurrency and NFT businesses. The surge in cryptocurrencies and interest in NFTs is driving lots of domain name sales. Just this week, at least four of the end user sales I uncovered at Sedo are related to ... Continue Reading1 Comment
Chinese gambling company buys cryptocurrency firm that owns BTC.com
· UncategorizedThe company, which generated just $1.4 million last quarter, has a billion dollar market cap. 500.com, a Chinese gambling company, is acquiring Blockchain Alliance Technologies Holding Company, the company announced today. Blockchain Alliance ... Continue Reading5 Comments
