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The original team of the encrypted data platform Non-Small Number is in a public dispute with the buyer over brand ownership

ChainCatcher news, the brand ownership dispute of the cryptocurrency data platform FeiXiaoHao continues to escalate. The original FeiXiaoHao team issued a statement on December 13, claiming that the buyer obtained part of the source code and data after paying the first installment, and then publicly tore up the contract and refused to pay the final payment. The buyer, without paying the final installment, requested an overall brand transfer, which was rejected, and was accused of publicly reselling the source code and data, causing significant losses to the original team. The original team has canceled the brand sale plan and stated that they will continue operations.In response to the above accusations, the buyer published a lengthy article refuting the claims, stating that they have legally registered an overseas company and trademark, and pointed out multiple breaches of contract by the original team: incomplete source code delivery leading to inability to deploy normally, and the same source code being sold to multiple buyers. The buyer stated that after taking over Feixiaohao.com.cn, they invested hundreds of thousands of dollars and spent four months repairing the system before it was back online.Additionally, the buyer revealed several future development plans, including improving the Meme token leaderboard, advancing global layout, adding KOL columns, and VC inclusion among other functional modules. The buyer has now initiated legal proceedings and will maintain their rights through the public disclosure of acquisition details and related evidence.

The number of initial jobless claims in the United States has increased, leading to a decline in U.S. Treasury yields and the dollar

ChainCatcher news, according to Jinshi reports, data from the U.S. Department of Labor shows that the number of initial jobless claims increased last week. The number of initial jobless claims in the U.S. for the week ending November 30 was recorded at 224,000, compared to 215,000 the previous week. Economists surveyed by the Wall Street Journal had previously expected the number of initial jobless claims for the most recent week to be 215,000. Meanwhile, the number of people continuing to receive unemployment benefits fell to 1.87 million, down from 1.90 million the previous week. The data indicates that while initial jobless claims have risen, they remain relatively stable. The November employment report will be released on Friday. Analysts expect that after the October employment data was affected by hurricanes and the Boeing strike, the November employment report will show a significant recovery in employment.After the U.S. initial jobless claims data suggested a potential softening in the labor market, U.S. Treasury yields lost some momentum, and the dollar weakened, which strengthened the case for a Federal Reserve rate cut. Last week's initial jobless claims were 224,000, higher than the expected 215,000. The non-farm payroll numbers for November, expected to be released tomorrow, are projected to jump from 120,000 in October to 214,000. The trade deficit for October narrowed to $73.8 billion, in line with expectations. The 10-year U.S. Treasury yield stood at 4.208%, while the 2-year yield was at 4.161%, both higher than yesterday.
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