Business Magazine

The Daily Roundup for 6-30-16

Posted on the 01 July 2016 by Worldwide @thedomains

Welcome to the Daily Roundup a look back at the day that was in domains and other tech.

Dick’s Sporting Goods wins the intellectual property of Sports Authority.

Reported by Reuters

n">Dick’s Sporting Goods Inc (DKS.N), the largest U.S. sporting goods retailer, said on Thursday it was the successful bidder in the auction for the intellectual property of bankrupt competitor Sports Authority with a bid of $15 million.

Google names Android 7.o Nougat

Frank Schilling owns Nougat.com, the domain name turned 20 in April of 2016.

Rightside (NAME) Hits new 52 Week High

The stock hit a high on Thursday of $10.82 before closing at $10.64. The stock is up over 28% year to date

Some former Michael Berkens domains on the move

AllThing.com was sold to Falconwood Corp

ChicagoTowing.com sold to a company in Skokie, IL

New GTLD activity

D.Gold sold for $1,100 on Sedo

World.Center finally cleared Sedo escrow, no sales price. A couple other World.newtld were sold in 2014.  From Namebio:

world.estate 35,000 USD 2014-11-26 Nokta

world.club 7,500 USD 2014-04-30 Sedo

Bitcoin is coming up on another halving event

Quartz published an article on the up coming Bitcoin halving that should take place around July 9. Well worth the read.

From the article:

What’s changing?

Remember that reward miners get for confirming blocks? It’s going to be cut in half to 12.5 bitcoins in the coming weeks.

Why? Part of what makes bitcoin valuable is the fact that there is a finite supply of 21 million bitcoin. No more will ever be created. This was done to make bitcoin similar to a natural resource like gold. When bitcoin’s creator built the system, he (or she, or they) knew that if bitcoin took off and there was an abundance of miners, that cap would be reached quickly. Currently, there are almost 16 million bitcoin in circulation and about 3,600 bitcoins are created each day.
The most interesting expired name of the day my-mother-in-law-is-an-idiot.com registered since 2003. Have a good one

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