Friday, July 6, 2018

Crypto.com, the multimillion-dollar cryptography domain whose owner refused to sell, has been sold

The valuable domain name Crypto.com, whose owner Matt Blaze has steadfastly refused to sell to cryptocurrency companies, is now owned by a cryptocurrency company. TechCrunch reported today that Monaco purchased the domain for an undisclosed amount. Monaco is known for its cryptocurrency token MCO and a Visa debit card backed by cryptocurrency; after the domain sale, the company is rebranding itself as “Crypto.com.”

Blaze, a prominent cryptology researcher and professor at the University of Pennsylvania, registered Crypto.com in 1993. As cryptocurrency has boomed, he’s been besieged by potential buyers, but he’s repeatedly and publicly told them that the domain wasn’t for sale. He’s also criticized the use of “crypto” as an abbreviation...

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