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Hexonet Co-Founder Joins CentralNic

In July of 2019, Hexonet was acquired by CentralNic in a deal that was reportedly worth “up to €10m.” At the time the deal was completed, Hexonet Co-Founder Robbie Birkner announced that he would be leaving the company and the domain industry following the conclusion of the deal.

This morning, CentralNic and Hexonet announced that Robbie would be returning in a larger role within CentralNic, as the Head of Reseller Division. Here’s some of what Hexonet shared about Robbie’s return to the domain industry:

GoDaddy Employee “Fell Victim to a Spear-fishing or Social Engineering Attack”

Earlier today, I published an article about a reported “security incident” involving Escrow.com. In the statement outlining what happened, Escrow.com wrote, “hackers got access to our domain registry account for the Escrow.com domain through a breach of our domain registrar’s systems.” I emphasized the last part of the statement because it seems to lay the blame on the company’s domain registrar rather than the fault of an Escrow.com employee or agent.

A Whois search reveals that the Escrow.com domain name is registered at GoDaddy. I reached out to GoDaddy representatives to see if they could shed some light on this incident. A company representative sent me an email this evening, and it would appear that the issue impacted a handful of customers (who have all been notified). Here’s what I was told by GoDaddy:

Escrow.com Statement on “Security Incident”

Yesterday evening, I received a text message from a colleague asking me if I had seen the Escrow.com website. I had opened a transaction a few hours earlier, and I did no I then did a hard refresh, and I saw that the homepage had been seemingly taken down and there was a message in plain text across the top of the website. I reached out to Escrow.com and was told they were working to resolve the issue, and that it did not involve any unauthorized access to internal data.

I visited Escrow.com this morning, and it appears that the website is up and running. I followed up with a couple of emails this morning asking for more details about what happened and if any internal data or account information was compromised. Jackson Elsegood, General Manager of Escrow.com, just replied to me with a link to a statement about the issue from Freelancer.com CEO Matt Barrie (Freelancer.com owns Escrow.com):

Sedo and InterNetX to Host Global Domain Report Webinar

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Earlier this year, Sedo and InterNetX published their 2019 Global Domain Report, which includes domain name sales data, trend reports, and other insight into the domain name aftermarket. On Thursday (April 2, 2020) at 11 AM Eastern, Sedo and InterNetX will be hosting a free webinar to discuss the findings from this report:

What Are You Doing About Leases and Payment Plans?

As things continue to develop, the unemployment rate will likely increase, making it difficult for people to pay critical bills like mortgage payments. While domain name lease payments and domain name payment plans are probably not considered “critical bills,” I think people will find deal partners asking to restructure payment plans or asking to put them on hold. People may also opt to forego lease payments or payment plan payments. I am interested in knowing how domain investors will respond.

The way I see it, domain investors who have ongoing leases or payment plans will have three options if the counter party can not pay on time or asks for some sort of lease forgiveness:

Kabbage Acquires PaycheckProtection.com

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As part of the CARES Act passed into law in the United States, some small businesses will be eligible for Paycheck Protection Loans as part of the Paycheck Protection Program. From the little I understand about the program, US-based small business owners can apply for a Paycheck Protection Loan through participating lenders, and the loan will cover payroll and various expenses for a set period of time.

Recent Posts

Hexonet Co-Founder Joins CentralNic

0
In July of 2019, Hexonet was acquired by CentralNic in a deal that was reportedly worth "up to €10m." At the time the deal...

GoDaddy Employee “Fell Victim to a Spear-fishing or Social Engineering Attack”

9
Earlier today, I published an article about a reported "security incident" involving Escrow.com. In the statement outlining what happened, Escrow.com wrote, "hackers got access...

Escrow.com Statement on “Security Incident”

15
Yesterday evening, I received a text message from a colleague asking me if I had seen the Escrow.com website. I had opened a transaction...

Sedo and InterNetX to Host Global Domain Report Webinar

0
Earlier this year, Sedo and InterNetX published their 2019 Global Domain Report, which includes domain name sales data, trend reports, and other insight into...

What Are You Doing About Leases and Payment Plans?

4
As things continue to develop, the unemployment rate will likely increase, making it difficult for people to pay critical bills like mortgage payments. While...