Should Bored Ape buyers be legally entitled to refunds?

Should people who purchase nonfungible tokens (NFT) be entitled to refunds if they decide they don’t like their digital pictures? Some Europeans are beginning to make that case under a 25-year-old law. Unhappy buyers have claimed that their right to a refund is protected by a 1997 European Union law that requires any person or … Read more

S&P Predicts Reinsurers Will Continue Pricing Momentum During 2023

New You can now listen to Insurance Journal articles! A hard market in short-tail lines – such as property and property catastrophe – across global geographies is likely to continue throughout 2023, after beginning the year with multi-decade-high pricing increases during the January 2023 reinsurance renewals, according to a report published by S&P Global Ratings. … Read more

U.S. and EU to Launch First-of-its-Kind AI Agreement

New You can now listen to Insurance Journal articles! The United States and European Union on Friday announced an agreement to speed up and enhance the use of artificial intelligence to improve agriculture, healthcare, emergency response, climate forecasting and the electric grid. A senior U.S. administration official, discussing the initiative shortly before the official announcement, … Read more

UK regulator investigates charity linked to FTX

The commission in charge of regulating registered charities in England and Wales has announced it had begun investigating Effective Ventures Foundation, an organization tied to bankrupt crypto exchange FTX. In a Jan. 30 announcement, the Charity Commission said it had launched the inquiry due to FTX being a “significant funder” of Effective Ventures. According to … Read more

Three launch lessons from blockchain-based freelance marketplace TopIQs

Over a decade ago, the cofounders of TopIQs were freelance internet marketers dealing with many of the frustrations that still irk freelancers today. They invested significant time pitching, landing and completing projects for clients on freelance marketplaces. When it was time to get paid, they spent weeks or months chasing payments or resolving account issues … Read more