Speculators Seek to Cash In on Bitcoin Domain Name Boom
Information about the price of BTCS.com has been added. Bitcoin isn't the only digital asset changing hands for lots of money these days. The cryptocurrency has spurred a rising trade in associated domain names, with popular domains sometimes changing hands for hundreds of thousands of dollars. Some domain name investors and brokers believe bitcoin has opened a new category in the sector. Niko Younts is one such investor, and with good reason. It was he who sold the BitcoinWallet.com domain name for $250,000 in February, setting the high watermark for the category. The sale of the domain....
Related News
April's news that Blockchain.info would be managing the 'Bitcoin.com' domain name for a period of five years made a splash in the community. It's prime internet real estate, not to mention easy to remember. A premium domain broker is now attempting to sell the revered BTC.com domain name. If the fact that a three-letter domain name wasn't enough, it also represents the most common abbreviation of bitcoin. So if you're not getting the point here, it's a rare domain, and it's likely anything but cheap. "Whether you're a Bitcoin startup or existing company wishing to solidify your authority....
Bitcoin has become big business, if you weren't already aware. So it should be no surprise that bitcoin-related domain names are going for a pretty penny while on the market. Such is the case with BitcoinWallet.com - a domain name owned by entrepreneur Niko Younts. Younts tweeted that the domain fetched a whopping $250,000. But it doesn't end there. Younts has a similar domain, BitcoinWallets.com (plural) that is expected to bring in $200,000. That's nearly a half-million for two domain names. The domains were registered in 2010 and 2011, respectively. A quick Whois of the....
Internet domain service provider GoDaddy has been named in the lawsuit in relation to a recently auctioned ENS domain name. The eth.link domain name had belonged to registrant Virgil Griffith who had run into trouble with the United States after being caught trying to help North Korea evade sanctions. So since Griffith was behind bars, […]
An interesting report from news website CryptoCoinsNews.com reveals some interesting information with regard to a bitcoin-related domain sale. Josh Garza of GAWMiners miners told the website that he managed to pick up the BTC.com domain name for a whopping $1.1 million - a record sale in the bitcoin industry. Other bitcoin-related domain names have previously gone up for sale, but none have been bought for quite as much as BTC.com, which is the most commonly used symbol for bitcoin (and it'll really stink for Garza if the community decides to formally adopt XBT as the symbol). In February....
GetDotBit.com is a domain name platform for registering .bit (dot-bit) URLs that recently launched. Users can now register a domain name for free. Additional names cost one dollar each. Domain names registered on GetDotBit.com are 10 times less expensive than their traditional counterparts. Domain names typically cost $10 yearly through GoDaddy.com or similar services. The more important benefit provided by GetDotBit domain names, however, is the control provided by a decentralized, open-source information registration and transfer system. GetDotBit domain names are powered by Namecoin, a....