AUSTRALIA - A South Australian woman narrowly avoided a complete financial disaster after falling victim to a sophisticated business email compromise (BEC) scam that led to the loss of over $800,000. Authorities have since managed to recover a significant portion of the stolen funds, shedding light on the growing threat of cyber fraud in real estate transactions. The victim, who had been in the process of purchasing a property, received what appeared to be a legitimate … [Read more...]
Senator Elizabeth Warren Calls for Antitrust Investigation into Domain Registrar Verisign
WASHINGON, D.C. - Senator Elizabeth Warren (D-MA) is claiming that internet domain registrar Verisign is a “monopoly” and is subsequently demanding that an antitrust investigation be carried out against the company. Working in conjunction with Rep. Jerry Nadler (D-NY), Warren sent a letter last week to the National Telecommunications and Information Administration (NTIA) that accuses the top-level domain (TLD) market of being tightly controlled by Verisign, whom she claims … [Read more...]
Senator Demands Domain Registrars Address Russian Influence Operations During 2024 Election
WASHINGTON, D.C. - Senator Mark Warner (D-Va.), Chair of the Senate Intelligence Committee, has issued a demand to several of the top American internet domain registrars to clamp down on the abuse of their services by Russian disinformation actors who he alleged are attempting to interfere with and influence the outcome of the 2024 presidential election. Warner sent a letter earlier in October to several well-known companies in the web domain registering and hosting … [Read more...]
Hackers Take Control of Computer Network At Missouri Hospital; Demand Ransom
KANSAS CITY, MO - Liberty Hospital in Missouri fell victim to a grim cyber assault Tuesday when a menacing blackmail message from a hacker resulted in a disruption of its computer systems. A message from an anonymous source targeting the hospital warned, “We have hacked you and downloaded all confidential data of your company. Your reputation will be ruined. Save your business. Contact us within 72 hours.” This message itself was uncovered exclusively by KMBC-TV, an ABC … [Read more...]
Pressure on ICANN to Reject Controversial “.ORG” Registry Sale to For-Profit Succeeds
LOS ANGELES, CA – On Thursday, April 30, ICANN, The Internet Corporation for Assigned Names and Numbers, based in Los Angeles, CA, made a tough decision to protect the global non-profit community, by rejecting a controversial deal announced in November 2019, that PIR, Public Interest Registry, a non-profit company which owns and manages the rights to the registry for ‘.org’ domain names, would be sold and ultimately converted to a for-profit entity owned by Ethos Capital. … [Read more...]
ICANN, PIR, Ethos Capital “Circus” Continues with Yet Another Letter from California AG
PALM BEACH, FL – The trio making a mockery of the definition of “public good” are probably hoping for another worldwide catastrophe to deflect the unwanted attention off their sour deal of transferring the .org registry from a non-profit (PIR) “Public Interest Registry” to a for-profit entity called “Ethos Capital” because the current one just isn’t enough. In a letter dated April 15, 2020, the attorney general of California, Xavier Becerra, has written yet another … [Read more...]
U.S. Supreme Court to Consider Trademark Rights on Generic Internet Domain Names
PALM BEACH, FL - On Friday, the U.S. Supreme Court agreed to consider whether the addition of “.com” to a generic word or phrase can be trademarked when it reviews “United States Patent and Trademark Office v. Booking.com B.V.” on Docket No. 19-46 with the United States Court of Appeals for the Fourth Circuit. The issue has reached the highest court in the country after lower courts reversed the decisions of the U.S. Patent and Trademark Office ("USPTO") and Trademark … [Read more...]
End User 4 Letter Double X .COM Beats Out 3 Letter .COMs in Sedo Weekly Sales List
PALM BEACH, FL – When Sedo released its weekly sales list yesterday, a list of public transactions above $2,000., the weeks highlights included saxx.com (purchased by www.saxxunderwear.com) sold for $65,000 USD as well as three, three letter .com domains: OLI.com at $50,000 USD, ZEQ.com at $44,030 USD and DYO.com at $35,000 USD. Here is the entire list for Sedo.com sales from 11/04/2019 – 11/10/2019. Domain … [Read more...]
Winners and Losers; A Look at 3 Letter (LLL) Domain Investments Over Last 10 Years
NEW YORK – Three letter .com domain names are pretty solid investments. They are often referred to as “liquid domains” – those which can be converted into cash quickly. Thanks to NameBio, it’s easy to see that the majority of three letter domain names which have changed hands at least twice in the last 10 years, (publicly, those available at NameBio), have made their traders profits. Although there are some losses on record here, the majority, 68% (194) of all 286 … [Read more...]