By Ryan Brown | CNBC “Shark Tank” investor Kevin O’Leary is a big believer in non-fungible tokens — he even thinks they have a shot at becoming bigger than bitcoin. O’Leary, the chairman of O’Shares Investment Advisers, said his belief in NFTs stems from the idea that can they prove ownership of real-world items, such as designer watches or flash cars, digitally …
Ethereum has a gas problem; Omar Abdallah, Rose Law Group attorney advising on Web 3.0 issues, explains
By Ashwin Rodrigues | Morning Brew In the world of cryptocurrency, and Web3 more broadly, imperfect metaphors abound. Ethereum is a “dark forest,” and the right-click button on a computer mouse is now a stand-in for an entire mindset. Add “gas” to the growing list. Gas fees don’t denote actual liquid fuel consumption or environmental impact, they’re more like a …
Jordan Rose, founder and president of Rose Law Group, comments on theft of gallery owner’s multimillion-dollar NFT collection
By Shanti Escalante-De Mattei | Art News “I have been hacked. All my apes gone. This just sold please help me,” wrote gallery owner Todd Kramer, of New York’s Ross + Kramer Gallery, in a since-deleted tweet posted on December 30. A phishing scam had drained his Ethereum wallet of 15 NFTs valued at a total of $2.2 million, including four apes from the “Bored …
televëda Expands Online Offering To Help Seniors Fight Pandemic Isolation
(Disclosure: Rose Law Group represents televëda.) By Rose Law Group Reporter (SCOTTSDALE, Ariz.) Just as confirmed cases of Covid-19 begin to rise again in Arizona and around the county, and more seniors are being asked to socially isolate, Arizona start-up televëda is proud to now be offering for the first-time ever, direct consumer access to its online community so that …
Fortnite creator sues Apple after game banned from App Store, Rose Law Group Partner Logan Elia predicts settlement
By Jack Nicas, Kellen Browning and Erin Griffith | New York Times Apple’s spat with app developers over its cut of their revenues exploded into a high-stakes clash on Thursday when Apple kicked the wildly popular game Fortnite off iPhones and the game’s maker hit back with a lawsuit. The fight began on Thursday morning with a clear provocation. Epic Games, the maker …