WEST PALM BEACH, FL – The domain name industry is experiencing a surge in high-value sales this year, likely driven by renewed corporate spending confidence and increased demand for premium digital assets. Industry data and market activity suggest that 2025 could be one of the most active and lucrative years ever recorded in the secondary domain market. According to DNJournal, pretty-much 'the' single leading authority on publicly reported domain name … [Read more...]
Annual Number of Domain Name Registrations Remains Flat at End of 2024
LOS ANGELES, CA - According to end-of-the-year roundups, the number of domain name registrations that took place during the course of 2024 remained essentially flat when compared to the year prior, indicating that growth within the industry has stagnated to a degree following the increased demand brought about by the COVID-19 pandemic. There were 362.3 million domain names registered at the end of the fourth quarter of 2024 according to the most recent Domain Name … [Read more...]
Lawsuit Alleges GoDaddy “Stole” Domain Name Two Months After Purchase
TEMPE, AZ - A lawsuit filed by Sweden-based Crisby Studio AB alleges that the biggest Internet registrar in the world, GoDaddy, “wrongfully took possession of” a domain name, two months after it had been successfully purchased by the company earlier this year. Crisby Studio AB, a Swedish limited liability company, and Niklas Thorin, a Swedish resident Plaintiffs, v. GoDaddy, Inc., a Delaware corporation, GoDaddy.com, LLC, a Delaware corporation, … [Read more...]
Unstoppable Domains and Blockchain.com Partner to Launch “.blockchain” Domain
LAS VEGAS, NV - Unstoppable Domains, a crypto domain name and wallet address registrar, has announced they have teamed up with Blockchain.com in order to launch a “.blockchain” domain name system (DNS)-enabled Web3 domain, with plans to go on to commercialize the joint venture for profit. A web3 domain name is a a decentralized, blockchain-based domain name that's registered on a crypto network, like Ethereum or Algorand. Web3 domains are also known as … [Read more...]
New Top-Level Domains Disallowed from Using “Closed Generics” by ICANN
LOS ANGELES, CA - The Internet Corporation for Assigned Names and Numbers (ICANN) – the nonprofit organization that oversees the domain industry – announced that, in the next round of domain expansion and going forward, they will no longer be allowing entities registering new Top-Level Domains (TLDs) to utilize what is known as “closed generics.” Closed generics are essentially TLDs that are owned or are exclusive to one company that use generic and/or dictionary terms; … [Read more...]