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Auctioning – Cryptocurrencypanther https://cryptocurrencypanther.com Latest Crypto News Fri, 09 Sep 2022 23:08:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://cryptocurrencypanther.com/wp-content/uploads/2021/07/cropped-Cryptocurrency-e1626714913653-32x32.png Auctioning – Cryptocurrencypanther https://cryptocurrencypanther.com 32 32 GoDaddy Sued For Auctioning Off Eth.Link ENS Domain https://cryptocurrencypanther.com/2022/09/09/godaddy-sued-for-auctioning-off-eth-link-ens-domain/ https://cryptocurrencypanther.com/2022/09/09/godaddy-sued-for-auctioning-off-eth-link-ens-domain/#respond Fri, 09 Sep 2022 23:08:47 +0000 https://cryptocurrencypanther.com/2022/09/09/godaddy-sued-for-auctioning-off-eth-link-ens-domain/

Internet domain service provider GoDaddy has been named in the lawsuit in relation to a recently auctioned ENS domain name. The eth.link domain name had belonged to registrant Virgil Griffith who had run into trouble with the United States after being caught trying to help North Korea evade sanctions. So since Griffith was behind bars, he was unable to renew his ownership of the domain name but had had a third party renew it in his stead.

However, the problems began when the eth.link domain name came up for renewal this year. Apparently, the domain registrar had refused to allow a third party to renew the domain ownership for Griffith as it had previously done in the past. Instead of allowing the registration to expire and then auctioning off the domain name. 

In the auction that followed, GoDaddy had auctioned off the domain name through a partnership with Dynadot. The platform was placed in charge of auctioning any Uni domains that were not supported by GoDaddy does not support after it acquired Uniregistry but failed to acquire the registry. The domain name fetched a whooping $851,919.30 from the auction.

This move did not sit well with True Names, the developers behind the Ethereum Name Service. The company has partnered with Virgil Griffith to sue the domain issuer to stop the sale and transfer of the eth.link domain to a new owner.

GoDaddy Sued For Auctioning Off Eth.Link ENS Domain

Internet domain service provider GoDaddy has been named in the lawsuit in relation to a recently auctioned ENS domain name. The eth.link domain name had belonged to registrant Virgil Griffith who had run into trouble with the United States after being caught trying to help North Korea evade sanctions. So since Griffith was behind bars, he was unable to renew his ownership of the domain name but had had a third party renew it in his stead.

However, the problems began when the eth.link domain name came up for renewal this year. Apparently, the domain registrar had refused to allow a third party to renew the domain ownership for Griffith as it had previously done in the past. Instead of allowing the registration to expire and then auctioning off the domain name. 

In the auction that followed, GoDaddy had auctioned off the domain name through a partnership with Dynadot. The platform was placed in charge of auctioning any Uni domains that was not supported by GoDaddy does not support after it acquired Uniregistry but failed to acquire the registry. The domain name fetched a whooping $851,919.30 from the auction.

This move did not sit well with True Names, the developers behind the Ethereum Name Service. The company has partnered with Virgil Griffith to sue the domain issuer to stop the sale and transfer of the eth.link domain to a new owner.

Griffith Wants Eth.link ENS Back

Virgil Griffith and True Names are currently taking GoDaddy to court over the auction of the eth.link domain name. Both parties had collaborated and filed a complaint in a District Court of Arizona to stop GoDaddy from transferring the domain name and for breach of contract.

The eth.link domain is an important one in the ENS niche because it is actually used to help .eth domain names to resolve. The complaint accuses the domain registrar of giving false information to its users regarding the expiration of the domain and giving a false date of when the domain would actually go back to the registration pool. This meant that the original owner did not have the time to actually renew the registration, also saying that the domain name should’ve never been allowed to expire. 

The lawsuit names GoDaddy, Inc., GoDaddy.com LLC, Dynadot LLC, and Manifold Finance, Inc. as defendants, with Trues Names, Ltd. and Virgil Griffith named as plaintiffs. The filing also includes a demand for a jury trial for breach of contract, breach of covenant of good faith and fair dealing, intentional interference with prospective economic advantage, and unfair competition. 

The plaintiffs are seeking damages of at least $75,000 in the case with the exclusion of attorney fees. Manifold Finance is currently listed as the new owner of the eth.link domain name, hence its appearance in the list of defendants. 

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Oscar Mayer Auctioning Off Single Pack of 'Hot Doge Wieners' Worth 20000 Dogecoins – Coindesk https://cryptocurrencypanther.com/2021/08/29/oscar-mayer-auctioning-off-single-pack-of-hot-doge-wieners-worth-20000-dogecoins-coindesk/ https://cryptocurrencypanther.com/2021/08/29/oscar-mayer-auctioning-off-single-pack-of-hot-doge-wieners-worth-20000-dogecoins-coindesk/#respond Sun, 29 Aug 2021 23:40:07 +0000 https://www.cryptocurrencypanther.com/2021/08/29/oscar-mayer-auctioning-off-single-pack-of-hot-doge-wieners-worth-20000-dogecoins-coindesk/

Oscar Mayer Auctioning Off Single Pack of ‘Hot Doge Wieners’ Worth 20000 Dogecoins  Coindesk



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Oscar Mayer Is Auctioning a 10-Pack of Dogecoin-Themed Hot Dogs, Proceeds Go to Hunger-Relief Charity – Bitcoin News https://cryptocurrencypanther.com/2021/08/06/oscar-mayer-is-auctioning-a-10-pack-of-dogecoin-themed-hot-dogs-proceeds-go-to-hunger-relief-charity-bitcoin-news/ https://cryptocurrencypanther.com/2021/08/06/oscar-mayer-is-auctioning-a-10-pack-of-dogecoin-themed-hot-dogs-proceeds-go-to-hunger-relief-charity-bitcoin-news/#respond Fri, 06 Aug 2021 19:35:00 +0000 https://www.cryptocurrencypanther.com/2021/08/06/oscar-mayer-is-auctioning-a-10-pack-of-dogecoin-themed-hot-dogs-proceeds-go-to-hunger-relief-charity-bitcoin-news/

After a great number of well known product brands like Burger King, Axe, Snickers, Milky Way, and Slim Jim have been riding the dogecoin hype, the American meat and cold cut manufacturer ​​Oscar Mayer has also jumped on the dogecoin bandwagon. Similar to Axe, Oscar Mayer has also created a dogecoin-centric product and is auctioning a “10-pack of weenies” that features the famous Shiba Inu.

A 10-Pack of Doge-Themed Weenies

Oscar Mayer is a well known hot dog and cold cuts as the Kraft Heinz-owned firm has been around for years. In fact, the Mayer brothers started crafting bratwurst, liverwurst, and weisswurst products back in 1883. In recent times the Chicago-based company’s official Twitter account has been tweeting about the notorious crypto-asset dogecoin (DOGE).

The company has joined a number of well known brands getting in on the dogecoin hype. Just recently Axe released a limited edition Dogecan “crypto scented” body spray and a few Burger King locations in Brazil came out with a dogecoin-themed dog biscuit for pets.

Recently, the male grooming products manufacturer Axe and the fast-food chain Burger King in Brazil released limited edition dogecoin-themed products.

The hot dog company Oscar Mayer has also crafted a dogecoin-centric product and the firm is auctioning a 10-pack of hot dogs that feature the Shiba Inu image. Oscar Mayer says the package also comes with the cash equivalent for 20,000 DOGE as well and there’s only one for the taking.

On Friday, August 6, 2021, the 10-pack of DOGE-themed hot dogs has a current bid of around $13,100 for the product. According to Oscar Mayer, the dogecoin-centric pack of hot dogs is very scarce as the company only made one.

The company’s Twitter account said that proceeds from the Ebay auction will be given to feedingamerica.org, a U.S. hunger-relief charity.

“We’re back and this time with [$] even more [$] much wow. This limited-edition pack of Hot Doge Wieners now comes with the cash value of 20,000 DOGECOINS. Only one pack exists though,” Oscar Mayer tweeted on Thursday. The tweet also leads to an Ebay auction URL which shows there’s two days left to bid on the 10-pack of Oscar Mayer wieners. At the time of writing, the highest bid for the package of hot dogs is $13,100. The Ebay description says:

Very meat. So wiener. Much taste. Keep It Oscar, on your trip to the moon and help a good cause at the same time with this one-of-a-kind 10-pack of weenies. The winner of this auction won’t just receive the only pack of Oscar Mayer Hot Doge Wieners in the world, but also enough cash to purchase 20,000 dogecoins. All proceeds will be donated to Feeding America. Good luck and #DoOnlyGoodEveryday!

The Oscar Mayer Hot Doge Wiener package auction ends on August 8th, 2021 and the highest bidder will get the 10-pack and the “cash equivalent to purchase twenty-thousand (20,000) dogecoin.” According to the Ebay auction listing, the dogecoin (DOGE) cash equivalent will be “based on the value of twenty-thousand (20,000) dogecoin at auction close.”

What do you think about the 10-pack of Oscar Mayer Hot Doge Wiener auction on Ebay? Let us know what you think about this subject in the comments section below.

Tags in this story
20000 DOGECOINS, Axe, Burger King, crypto assets, Cryptocurrency, Doge, dogecoin, dogecoin hot dog auction, Ebay auction, hot dog, hunger-relief charity, Kraft Heinz, Mayer brothers, Milky Way, Oscar Mayer, Oscar Mayer cold cuts, Oscar Mayer Hot Doge Wiener, shiba inu, Slim Jim, Snickers

Image Credits: Shutterstock, Pixabay, Wiki Commons, Oscar Mayer, Axe, Burger King, Ebay,

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