We came across this interesting snippet about a trademark rights lawsuit between a sports company and the estate of the rock band AC/DC’s lead singer, Bon Scott. His estate had registered his name for merchandising. Scott Sports thought customers might confuse the two brands. The court ruled in favour of the estate, but the case […]
What’s happening in DeFi regulation? Decentralised Finance (DeFi) has emerged as a ground-breaking innovation in the financial industry, offering a new system for financial services and disrupting traditional intermediaries. DeFi includes cryptocurrencies but is more than crypto alone. It expands on the idea of digital money. DeFi is an umbrella term for a financial system […]
Key considerations If you are an adult, you have more than likely entered into a contract at some time in your life. Contracts are not just enacted between companies for major transactions. If you rent your home, your lease is a contract. If you own your own home, you signed a contract to buy it. […]
Chatbots are here to stay – understand their complexities Do you think ChatGPT is just a glorified search engine? Or do you think AI is the future of work, for better or for worse? If you are worried that generative AI will put you out of a job, you can (probably) relax – at least […]
Is AI a blessing or a curse? According to Reuters, ChatGPT is estimated to have reached 100 million monthly active users in January, two months after launch. This makes it the fastest-growing consumer application in history. Analytics firm Similarweb estimates that ChatGPT had an average of 13 million unique visitors per day in January, more […]
Understanding Initial Coin Offerings (ICOs) Have you ever contributed to the crowdfunding of a new venture that inspired you? Then you might be wondering if an Initial Coin Offering (ICO) is an investment opportunity for you. What is an ICO? How risky is it? How are ICOs regulated, if at all? We tell you what […]
Best practices for cryptocurrency businesses As cryptocurrencies gain traction, market entrants come from a wide range of industries. Traditional financial services providers may be the last to get in on the act, as the very ethos of cryptocurrency is its lack of a tether to banking systems and the facility for peer-to-peer transactions. As more […]
And how safe is DeFi? Decentralised finance – DeFi – is a financial system based on blockchain technology and Ethereum. Before we go any further, let’s explain those terms. Blockchain is a decentralised digital ledger technology that records transactions across multiple computers or nodes. Each transaction, called a block, is linked to the previous one, […]
What do you need to know about non-fungible tokens (NFTs)? The world of digital finance is not limited to cryptocurrency. Another type of digital asset is a non-fungible token, or NFT. “Fungible” means “being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like […]
Why is due diligence important in business transactions? If you’re considering going into business with a partner, or investing in a company, or possibly merging your company with another, you have almost certainly been advised to carry out due diligence. Due diligence has a specific meaning in the world of finance, but it has entered […]
Reprinted from the Guardian, by Dan Milmo and Dominic Rushe – 2023-06-05 Financial watchdog alleges Binance lied to regulators and syphoned investors’ funds into separate company Binance, the world’s largest cryptocurrency exchange, and its chief executive are being sued by the US’s top financial watchdog, which has accused them of making billions of dollars while “placing investors’ […]
How mediation can resolve disputes and keep the case out of court Rental housing is a minefield. Tenants and landlords alike renege on the commitments they make in the lease agreement. Tenants stop paying rent, landlords refuse to return deposits. Tenants damage property, landlords unlawfully change locks. Tenants sublet without the landlord’s consent, landlords fail […]
