Mt. Gox Operator Seeks to Sell Bitcoin Trademarks
The holding company currently in charge of Mt. Gox following its eventful spiral downward is reportedly looking to sell off company assets in a last-ditch effort to raise cash, the Wall Street Journal reports. Said assets are said to be of no use to the holding company at this point. They include trademarks for 'bitcoin' in the European Union and Japan along with the bitcoin.com domain name (which is currently being used by Blockchain.info). At minimum, they are hoping to raise ¥100 million - about $1 million USD for the intellectual property. What's interesting in this particular case is....
Related News
Wednesday Mt. Gox’s operator announced its intention to sell its rights over its bitcoin trademarks. Meanwhile, CoinLab’s string of complaints against plan to revive Mt. Gox were shot down by a Dallas bankruptcy court judge Tuesday. Holding company Tibanne is looking to sell the rights to its bitcoin trademarks in Japan and the EU, where the trademarks were originally approved, for $1 million. The sale would include the word “bitcoin” and the domain bitcoins.com. Company executive Mark Karpeles told The Wall Street Journal that the company no longer has any use for them, presumably....
Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount.
MTN Seeks to ‘Amplify Consumers’ Digital Experiences’
South Africa’s mobile network operator, MTN, recently bought 144 plots of digital land in the Ubuntuland metaverse, a report has said. The purchase reportedly makes MTN one of the first companies from South Africa to enter the metaverse.
As the Mybroadband....
Miley Cyrus, an American singer-songwriter, is the newest celebrity to extend her brand into the virtual stratosphere, having filed two metaverse and non-fungible token-related trademarks. Juniper Research expects that there will be 40 million NFT transactions during the next five years. etaverse-related use cases will play a significant role in the broad adoption of digital […]
According to trademark filings with the United States Patent and Trademark Office (USPTO), the American rapper Ye (commonly known as Kanye West) is getting into the world of non-fungible tokens (NFTs) and the metaverse. The record producer’s company Mascotte Holdings Inc. filed 17 trademarks, and parts of the trademark summaries describe digital collectibles like NFTs.
Kanye West: ‘Do Not Ask Me to Do a F***ing NFT … Ask Me Later’
On Wednesday, trademark attorney and founder of Gerben Intellectual Property, Josh Gerben, tweeted about rapper and....
Retail store operator Marc Jacobs has named a website called BitcoinFashion.net in a lawsuit aimed at preventing the unauthorized use of its trademarks. Filed on 14th April in the US District Court for the Southern District of Florida, the complaint states that 66 named websites, including BitcoinFashion.net, are responsible for the illicit use of Marc Jacobs trademarks as well as the sale of counterfeit goods bearing the company's name. Marc Jacobs is accusing the named defendants of trademark counterfeiting and infringement, false designation of origin, claim for relief for....