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eBay launches an interactive 3D sneaker viewer to compete with StockX
If you're interested in some sneakers listed on eBay and want a better look, the platform has launched a new feature called eBay 3D True View.
eBay will authenticate sneakers from resellers
Experts will verify all US sales over $100 by early 2021.
How to buy sneakers for the hypebeast in your life
It's hard enough to find gifts for your loved ones during the holidays, but hypebeasts in particular are a picky bunch. They only want the most hyped products and the rarest sneakers, which can be a complicated world to navigate as a shopper if you're not familiar with it. But we're here to help. Thankfully, there are many ways to find something hypebeasts might like online -- even if you have to spend more money and time than you had hoped for. Here's how you can buy sneakers, apparel and even fanny packs (they call them waist bags) for the hypebeasts in your life.
Online sneaker reseller StockX faces lawsuit over data breach
StockX is now facing legal action over a data breach that led to the theft of more than 6.8 million customer records. A class-action lawsuit filed in US District Court this week alleged that the online sneaker marketplace compromised the data of minors. According to The Detroit News, the plaintiff in the case is a Kansas minor identified as "I.C.", whose personal information was stolen and re-sold by hackers. The lawsuit is being bought on behalf of all youth who were impacted by the breach.
StockX confirms it was hacked (updated)
StockX's warning of "suspicious activity" appears to have stemmed from a serious data breach. TechCrunch has learned through a black market data seller that a hacker stole 6.8 million records from the shoe trading site in May, including names, email addresses and (thankfully hashed) passwords. The data also included less vital info like shoe sizes, trading currencies and device version profiles.
StockX forced password resets after 'suspicious activity' alert
For all the sneakerheads and hypebeasts out there, if you received an email from StockX asking you to reset your password, then it was probably authentic. The online marketplace told Engadget in a statement that it was "recently alerted to suspicious activity involving our platform." Exactly what that included is unspecified, but "out of an abundance of caution," it's updated security and is asking users to reset their passwords while an investigation continues. As usual, we'd hope you aren't sharing passwords across different services, and if you haven't already set up a password manager or started using two-factor authentication wherever available, this is a great time to start.
The best apps for buying sneakers
I can't even remember how many times I've had to get in line at a FootLocker to buy the latest pair of Air Jordans. But that was years ago, long before websites and apps became the main way I shop for sneakers. Nowadays, if I do end up at a FootLocker, it's because I won a raffle through its app and just have to go pick up a pair of shoes -- no waiting on long lines necessary. With the rise of smartphones and the internet as a whole, retailers along with brands like Nike and Adidas have turned to technology to sell sneakers, especially limited-edition ones that have the potential to cause physical fights. If I want a pair of Jordans in 2019, I just use Nike's SNKRS app, and I don't have to worry about someone jumping me for them as I leave a store.
Sneaker Con bets NFC will keep fakes off its new shoe-selling app
Buying limited-edition sneakers, like Kanye West's Yeezys, isn't easy. Whether they drop on a site, in an app or a brick-and-mortar store, they often sell out in minutes, sometimes seconds. This sense of scarcity is what's behind the growth of secondhand online sellers such as StockX and GOAT, where you can find basically any hyped shoe that's ever been released by Adidas or Nike... for a premium, of course. What makes these sites popular is that they guarantee authenticity. With StockX, for instance, any pair you get from it comes with a QR code verification tag, but that's only for internal use. GOAT, meanwhile, sends you a letter saying the shoes have been authenticated. But these are decidedly low-tech and not particularly transparent solutions. Sneaker Con, a company that hosts conventions for sneakerheads all over the world, is hoping to add a 21st-century twist to the authentication game.
Why sneakerheads are leaving eBay for Detroit startup StockX
Buying a pair of new rare sneakers is harder than reselling them on StockX. To buy new, the Yeezy or Jordan gods have to smile upon you, giving you that winning raffle ticket at a local store or letting you beat the bots online. To resell, all you have to do is go to the StockX website and set a price. You don't take photos or haggle with potential buyers. Instead, you look at what price the shoes are selling for and list your pair at whatever amount you think someone will pay for them. Like a stock exchange, buyer and seller identities are kept from one another. StockX acts as a middleman, only releasing payment once it verifies that goods are authentic. It's this simplicity that has helped the company earn so many loyal users. StockX was founded in 2015 after Quicken Loans founder and CEO Dan Gilbert bought Campless -- an online repository for sneaker sales data -- from Josh Luber. As part of the purchase, Luber moved from his native Philadelphia to the Detroit metro area, taking up the mantle of StockX CEO and working from Gilbert's One Campus Martius building downtown. In a little under three years, the company has become the go-to source for buying rare high-end shoes and streetwear.
