CryptoBudha
    Demo
    What's Hot

    Tesla car owners mined upto $800 a month of crypto assets with their hacked-out cars

    May 16, 2022

    Why investors must keep an eye on these AVAX price levels this week

    May 16, 2022

    4 Insights to Capitalize on a Multibillion-Dollar Market – BRINK – Conversations and Insights on Global Business

    May 16, 2022
    Facebook Twitter Instagram
    • ABOUT US
    • CONTACT US
    • TERMS OF SERVICES
    Facebook Twitter Instagram
    CryptoBudha
    • Home
    • Cryptocurrency

      Bitcoin has no future as a payments network, says FTX chief

      May 16, 2022

      Bitcoin Breaches $30K as Ethereum, Cardano, Solana Join Weekend Rally

      May 15, 2022

      Warren Buffett Now Owns Bitcoin: Here’s How The Oracle Of Omaha Got Exposure

      May 15, 2022

      Open Letter To Bitcoin-Doubting Friend On Wall Street

      May 14, 2022

      Major Increase In Bitcoin Trading Volume

      May 14, 2022
    • Blockchain

      Sonam Kapoor invests in blockchain game MechaFightClub

      May 16, 2022

      Crypto Analyst Predicts 1 Altcoin Will Fall Down Hard – Is It Cardano?

      May 15, 2022

      Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules – Regulation Bitcoin News

      May 15, 2022

      Bitcoin: Can you buy a portion of this crypto? – Marca

      May 14, 2022

      KICK․IO Is Evolving – Taking a Closer Look Into the Roadmap – Press release Bitcoin News

      May 14, 2022
    • ICO

      MooPay is building a blockchain payment gateway to democratise crypto payments

      May 16, 2022

      Things You Need to Know Before Investing in Cryptocurrency – CryptoMode

      May 15, 2022

      Ukraine Coin (UAC) The First Cryptocurrency Created To Help Ukraine

      May 15, 2022

      Nigeria Issues Crypto Asset Rules In A Move That Could Boost Adoption

      May 14, 2022

      Hiring an Initial Coin Offering Lawyer Under SEC Regulations

      May 14, 2022
    • NFT

      4 Insights to Capitalize on a Multibillion-Dollar Market – BRINK – Conversations and Insights on Global Business

      May 16, 2022

      Fake Pixelmon NFT site infects you with password-stealing malware

      May 15, 2022

      All You Need To Know About The Lazy Lions NFT Collection

      May 15, 2022

      Dwyane Wade likes to take business risks, and now he’s getting into NFTs

      May 14, 2022

      You Can Now Get An NFT Replica Of Your Own Car

      May 14, 2022
    • Metaverse

      The 10 Best Examples Of The Metaverse Everyone Should Know About

      May 16, 2022

      Vantage Point: Trouble in the Metaverse | Science and Technology News

      May 15, 2022

      Hotels, luxury brands and games jumping on metaverse bandwagon

      May 15, 2022

      Contemporary art to the metaverse: Takashi Murakami’s poppy trip | Life

      May 14, 2022

      Contemporary art to the metaverse: Takashi Murakami’s poppy trip

      May 14, 2022
    • More
      1. Analysis
      2. Regulations
      3. Mining
      4. View All

      Why investors must keep an eye on these AVAX price levels this week

      May 16, 2022

      What Does a Risk Analysis Say About Exosis (EXO) Sunday?

      May 15, 2022

      Binance Price Analysis: BNB Rebounds After Noticing 2022 Year’s Low, These Levels Should Be Notable

      May 15, 2022

      What Does a Risk Analysis Say About IONChain (IONC) Saturday?

      May 14, 2022

      Crypto Market Continues Recovery; Sebi Comments Against Celebrity Ads On Cryptos, Says Report

      May 16, 2022

      Crypto VCs can’t just buy ‘community’ – TechCrunch

      May 15, 2022

      Crypto-friendly SEC Commissioner Hints At Stablecoin Regulation After Terra Collapse

      May 15, 2022

      Nigeria Announces Crypto Laws To Regulate, Standardise Digital Assets, Bitcoin Falls

      May 14, 2022

      Tesla car owners mined upto $800 a month of crypto assets with their hacked-out cars

      May 16, 2022

      Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown – Mining Bitcoin News

      May 15, 2022

      US, UK, Canada, Australia, Netherlands Share Crypto Criminal Leads, Including a Potential $1B Ponzi Scheme – Regulation Bitcoin News

      May 15, 2022

      Why ChickenFast is Standing Fearlessly Amid This Crypto

      May 14, 2022
    CryptoBudha
    Home»ICO»Diamond Fortress wins $20M in lawsuit against Everest over biometrics license
    biometric-data-privacy-lawsuit-scaled.jpg
    ICO

    Diamond Fortress wins $20M in lawsuit against Everest over biometrics license

    adminBy adminApril 21, 2022No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Diamond Fortress has won in Delaware courts over a case of violating an agreement for unmet payments of cryptocurrency under the Everest umbrella. Meanwhile, Apple is being sued by the company claiming the technology giant infringed on a patent of facial expression recognition technology for the security of the messaging system used in Apple’s Memoji app.

    The judge gave Diamond Fortress and CEO a crypto consultation

    A judge in the Delaware Supreme Court has been awarded Diamond Fortress Technology and CEO Charles Hatcher II with total damages of $ 25 million for violating an agreement on cryptocurrency consulting.

    An opinions and orders (Courtesy Law360) said Hatcher was hired by blockchain, cryptocurrency, and biometric identity company EverID to consult on the purchase, integration, and management of the Diamond Fortress fingerprint identification software development kit for smartphones. In 2017, both parties agreed to have Diamond Fortress grant EverID an exclusive license to ONYX for digital and blockchain wallets that close Diamond Fortress’s efforts on the blockchain. He also agreed to compensate Diamond Fortress and Hatcher with EverID tokens during the initial coin offering (ICO).

    In February 2021, the EverID ICO occurred, but was not received with partial payments to Hatcher and Diamond Fortress, and EverID became a silent radio when contacted by the plaintiffs. The breach of contract created a “novel situation” according to Judge Paul R. Wallace, because no Delaware court has struggled with the question of court counts on cryptocurrency.

    EverID, Inc. it is the legal name of Everest platform, which combines the company’s portfolio of decentralized solutions like EverChain, EverWallet, and CRDT. Everest found a valuable client in the form of Oracle in July 2021, to implement blockchain and biometric capabilities for onboarding banking customers.

    The judge concluded that damages should be awarded at the peak price of EverID tokens at $ 2.01, and awarded Diamond Fortress $ 20.1 million and Hatcher $ 5.03 million.

    Telos Company acquired Diamond Fortress Technologies last August.

    Apple was sued for patent infringement on facial expression recognition

    Apple sued for allegedly infringing a facial expression recognition patent for a messaging system that plaintiffs claimed used the Memoji feature in iMessage that mimicked the user’s personality and mood with emojis.

    In a filing with the U.S. District Court of Eastern Missouri, FaceToFace Biometrics said that its patent ‘Expression Recognition in messaging systems’ dated June 22, 2021, was infringed by Apple by continuing to sell iPhones and iPads in the U.S. included. iMessage with Memoji feature. FaceToFace is suing Apple to “pay adequate compensation to compensate FaceToFace for Defendant’s violations regarding ‘623 Patents“from the sale of the iPhone X to the iPhone 13 Pro Max and the 11-inch and 12.9-inch iPad Pro, along with the cost of sales and other infringing attorneys.

    Apple Memoji is a feature that captures a user’s face obtained from a selfie or video sample to create a customizable emoticon that borrows features from facial expressions and can be sent via iMessage and Facetime.

    In its patent list for FaceToFace, the company details a security system that is said to protect and filter messages on its mobile messaging system with biometrics. The patent will identify facial expressions that analyze a user’s mood and expression to determine if it will deliver more messages from the sender, manage ads, automatically generate emoji correspondence for user emotions, and function as a motion control.

    Patently Apple describes FaceToFace as a “patent statement entity,” or a patent troll.

    Article Topic

    Apple | biometrics | cryptocurrency | Diamond Fortress Technology | Everest | face biometrics | FaceToFace | lawsuits | mobile biometrics | patent

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    admin
    • Website

    Related Posts

    MooPay is building a blockchain payment gateway to democratise crypto payments

    May 16, 2022

    Things You Need to Know Before Investing in Cryptocurrency – CryptoMode

    May 15, 2022

    Ukraine Coin (UAC) The First Cryptocurrency Created To Help Ukraine

    May 15, 2022

    Nigeria Issues Crypto Asset Rules In A Move That Could Boost Adoption

    May 14, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    banner
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    About Us:

    Your source for the serious news. cryptobudha is crafted specifically to exhibit the lest crypto related News. Visit our main page for more News or contact us

    Email : timeaustralian@yahoo.com

    We're social. Connect with us:

    Facebook Twitter Instagram
    Latest Posts

    Outflows From Bitcoin Funds Hit $133M, Highest Since June 2021: CoinShares

    May 4, 2022

    Health tech startup Goquii to launch ‘metaverse ecosystem’ using blockchain and gamification

    March 31, 2022

    Are Slipknot teasing an entry into the metaverse?

    April 11, 2022
    Get Informed

    Subscribe to Updates

    Get the latest creative news about the crypto world .

    Facebook Twitter Instagram Pinterest
    • ABOUT US
    • CONTACT US
    • TERMS OF SERVICES
    © 2022 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.

    Subscribe
    Get the latest creative news about the crypto world.

    We are using cookies to give you the best experience on our website.

    You can find out more about which cookies we are using or switch them off in settings.

    CryptoBudha
    Powered by  GDPR Cookie Compliance
    Privacy Overview

    This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

    Strictly Necessary Cookies

    Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

    If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.