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Nike is facing a proposed class action lawsuit after consumers accused the global sportswear giant of failing to return tariff-related costs that were allegedly passed on through higher product prices

Nike is facing a proposed class action lawsuit after consumers accused the global sportswear giant of failing to return tariff-related costs that were allegedly passed on through higher product prices. The lawsuit, filed in federal court in Portland, Oregon, claims Nike could receive substantial tariff refunds from the U.S. government while consumers who paid inflated prices receive nothing in return. According to the complaint, Nike increased prices on several products after former President Donald Trump imposed broad import tariffs under the International Emergency Economic Powers Act. The company reportedly raised footwear prices by $5 to $10 and apparel prices by $2 to $10 to offset the financial impact of the tariffs.
Nike previously stated it had paid around $1 billion in tariffs on imported goods because of those trade measures.Consumers argue that the U.S. Supreme Court's February decision striking down the tariffs means Nike may recover a significant portion of those payments from the government. The lawsuit alleges that keeping both the consumer price increases and the refunded tariff money would allow Nike to benefit twice from the same costs. The complaint states that Nike has not made any legally enforceable promise to reimburse customers for the additional charges tied to tariffs.
Plaintiffs are seeking court intervention to prevent the company from retaining what they describe as unfair profits. Nike has not yet publicly responded to the allegations.
The sportswear company joins other major brands facing similar lawsuits, including Costco and Ray-Ban owner Essilor Luxottica, over claims related to tariff refund practices. During a March 31 earnings conference call, Nike indicated that the fiscal quarter ending in August 2026 could be the final period in which tariffs significantly impact its gross margins. The outcome of the lawsuit may have broader implica

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Nike is facing a proposed class action lawsuit

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$110K Spring Airdrop Rain—18 Days Straight!HTX Community April Creation ContestBTC Price Guess: 18M HTX Awaits You BlackRock doubles down on tokenization with new stablecoin reserve fundsBlackRock pla

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BlackRock doubles down on tokenization with new stablecoin reserve fundsBlackRock plans to launch two tokenized money market funds for stablecoin issuers as CEO Larry Fink doubles down on tokenization.

The first proposed fund, called the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle is a Treasury-backed money market fund built for blockchain-based ownership and transfers. It will invest in ultra-short-term US government securities and repo agreements while issuing onchain shares held through approved crypto wallets.

Designed for the stablecoin ecosystem, BlackRock intends the vehicle to qualify as an eligible reserve asset under the GENIUS Act, the US law establishing a framework for payment stablecoins. Stablecoin issuers and crypto-native institutions could then use the fund as part of their reserve backing strategy while earning Treasury-based yield.

The second fund, BlackRock Select Treasury Based Liquidity Fund, is designed to issue tokenized shares of BlackRock’s existing $6.9 billion Treasury liquidity fund on Ethereum.

BlackRock doubles down on tokenization with new st

MU: Top Memory Chip Maker 

Cosmos and Canton represent two of the most serious enterprise-grade ledger approaches available today. They reflect fundamentally different philosophies about how financial infrastructure should be a

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MEGA: Real-Time Execution Layer for Ethereum

Crypto wallets are being rebuilt for AI agents, Trust Wallet and Mesh executives say at Consensus MiamiMIAMI BEACH, Fla. — Crypto wallets are being rebuilt for AI agents, said executives from Trust Wallet and Mesh on Thursday, with companies racing to give autonomous software a way to hold value, prove identity and transact on-chain.

Appearing at CoinDesk Miami, Arjun Mukherjee, chief technology officer at Mesh, said the shift is driven by what he called the cold-start problem for AI agents.

“An agent can’t do anything until it has a wallet funded,” he said. “It’s very difficult for the agent to act until it has a wallet to do something, and it has value to transact with. And suddenly, enter crypto. Crypto has found its kind of niche, its killer app.”

Crypto wallets are being rebuilt for AI agents, Tr

HTX Creation Challenge — Post and Win 1,500U 💥Claim1,200 USDT in the Monthly Creation ChallengePost To Earn BonusGameStop's unsolicited $55.5 billion bid for eBay could give the video game retailer a 

Claim1,200 USDT in the Monthly Creation Challenge

GameStop's unsolicited $55.5 billion bid for eBay could give the video game retailer a far larger e-commerce platform, a broader resale network, and a potential opening to test whether Bitcoin can move beyond corporate treasuries into consumer payments.

On May 4, GameStop offered $125 a share for eBay in a cash-and-stock proposal that values the online marketplace at about $55.5 billion.

The offer consists of 50% cash and 50% GameStop common stock, with shareholder election rights and pro-rata allocation. GameStop said the offer represents a 27% premium to eBay’s 30-day volume-weighted average price and a 36% premium to its 90-day average.

The company said it has built a 5% economic stake in eBay through derivatives and beneficial ownership of common stock.

If GameStop buys eBay, Bitcoin payments could sudd

$110K Spring Airdrop Rain—18 Days Straight!HTX Community April Creation ContestBTC Shakes at $80K—Up or Down? BlackRock deepens tokenization push with new onchain fund offeringsBlackRock (BK), the wor

BlackRock deepens tokenization push with new onchain fund offeringsBlackRock (BK), the world's largest asset manager, overseeing $14 trillion in assets, is deepening its push into tokenized finance with a pair of new filings tied to blockchain-based U.S. Treasury and money-market funds.

In a Friday filing with the U.S. Securities and Exchange Commission (SEC), the asset management giant proposed launching the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, a new fund that invests in cash, short-term U.S. Treasury securities, and overnight repurchase agreements backed by Treasuries.

BlackRock deepens tokenization push with new oncha

$110K Spring Airdrop Rain—18 Days Straight!HTX Community April Creation ContestBTC Shakes at $80K—Up or Down? Strike CEO: Wall Street Can’t Break Bitcoin — And That’s the PointJack Mallers, the founde

Strike CEO: Wall Street Can’t Break Bitcoin — And That’s the PointJack Mallers, the founder and CEO of the Bitcoin payment app Strike, has dismissed concerns that Wall Street’s growing involvement in the Bitcoin market poses a threat to the cryptocurrency’s foundational principles. In a recent podcast interview, Mallers argued that if Bitcoin could be undermined by institutional participation, it was never truly designed to succeed in the first place.

Strike CEO: Wall Street Can’t Break Bitcoin — And

HTX Community April Creation ContestBTC Shakes at $80K—Up or Down?HTX Creation Challenge — Post and Win 1,500U 💥 Traditional finance firms are expanding into crypto prediction markets as event-based c

Traditional finance firms are expanding into crypto prediction markets as event-based contracts draw deeper liquidity. Chainalysis said inflows have risen sharply since September 2024, supported by retail traders, market makers, and institutions.

Key Takeaways:

Traditional firms are expanding their presence as crypto prediction markets attract deeper liquidity.

Retail activity helped draw market makers, institutions, and larger deposits into event contracts.


Regulatory disputes may shape how prediction markets enter broader financial infrastructure.


Major exchanges and financial firms are accelerating work on crypto prediction markets as event-based contracts gain institutional liquidity. Blockchain analytics firm Chainalysis said May 7 that inflows have risen sharply since September 2024, helped by retail activity, market makers, and institutional participation. The trend shows prediction markets moving from niche crypto speculation toward financial infrastructure.

Retail traders first helped drive activity by betting on outcomes tied to elections, rate decisions, sports, and entertainment. That activity attracted professional firms seeking pricing gaps and stronger order books. Market makers now supply large deposits that support deeper trading, bringing prediction markets closer to derivatives-style venues. The traditional finance push includes exchanges, brokerages, crypto platforms, and asset managers building products around event contracts. Chainalysis stated:

“The most significant shift is the arrival of traditional finance. Major institutions are no longer ignoring the volume these markets generate; they are building infrastructure to capture it.”

Smart contracts provide the core structure. Users deposit collateral into blockchain systems, while stablecoins support settlement. Decentralized oracles help verify real-world outcomes

Crypto Prediction Markets Move Into Mainstream Fin

Democratic Senator Elizabeth Warren questioned Meta CEO Mark Zuckerberg about the company’s stablecoin plans, warning of serious risks to financial stability, competition, privacy, and payments integr

Meta’s 2026 Stablecoin Push Faces Senator Warren Scrutiny Over Financial Stability Risks

HTX Creation Challenge — Post and Win 1,500U 💥HTX Community April Creation ContestBTC Shakes at $80K—Up or Down? Афера с биткоинами: ED арестовала хакера Шрики и двух других лиц В субботу сотрудники У

Афера с биткоинами: ED арестовала хакера Шрики и двух других лиц

В субботу сотрудники Управления по борьбе с экономическими преступлениями (ED) активизировали расследование после недавних рейдов и арестовали в Бангалоре главного обвиняемого по делу о мошенничестве с биткоинами, Шрикришну, также известного как Шрики, вместе с двумя другими лицами.

ED арестовало Шрики, Робина Кхандевала и Суниша Хегде в связи с предполагаемой аферой с криптовалютой. Троица была доставлена ​​в специальный суд ED и взята под стражу на 10 дней для дальнейшего допроса.

Центральное агентство расследует предполагаемую аферу с биткоинами в течение последних нескольких лет по обвинениям в незаконных операциях с криптовалютой, взломе и финансовых махинациях.

В рамках продолжающегося расследования сотрудники ED недавно провели обыски в нескольких местах, связанных с обвиняемыми и их сообщниками.

Афера с биткоинами: ED арестовала хакера Шрики и д

ZBT: Real-Time ZK Prover Network

在现实世界里,地产是最有价值的资产之一;而在互联网世界,域名就是数字地产。想想那些顶级域名,“ @DomaProtocol 正在改变这一切。他们不只是在做一个平台,而是搭建完整的市场、流动性网络和金融

硅谷大厂的AI“含金量”开始分级

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