MUSCAT/WAM The number of hotel establishments across Gulf Cooperation Council (GCC) countries exceeded 11,200 in …
Read More »Nike shows ‘misunderstanding’ of NFTs in lawsuit, says StockX
Bloomberg Sneaker marketplace StockX responded to a trademark-infringement lawsuit from Nike Inc, saying in a court filing that the world’s largest athletic-wear company shows a “fundamental misunderstanding†of nonfungible tokens. In February, Nike filed a complaint in federal court in Manhattan accusing StockX of “blatantly freeriding†on Nike’s trademarks and goodwill with a new service called Vault NFTs. StockX …
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