.NFT Web Domain Extension Scooped Up for Record $84K by Kenetic’s Jehan Chu
Jehan Chu, who owns 1,300 Handshake domains, will be able to issue an unlimited number of subdomains under the .NFT extension. The Previous Owner Bought Extension for Less Than $600 Amid the rally in major cryptocurrencies like Bitcoin and Ethereum, non-fungible tokens (NFT) have experienced an explosion in interest, echoed by Hashmasks’ recent funding campaign, which raised 7,600 ETH in exchange for over 15,300 digital collectible cards. Non-fungible tokens, which are effectively unique tokens designed to represent a single asset, whether digital or physical, have become the gold....
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"The possibilities of the NFT domain are endless," said Jehan Chu. In a single purchase, Jehan Chu, co-founder of Hong Kong-based crypto investment firm Kenetic Capital, has bought the ability to issue a seemingly unlimited number of "NFT" subdomains on the Handshake blockchain.According to Kenetic, Chu purchased the .NFT domain extension for 84,000 USD, or roughly 680,000 Handshake (HNS) tokens at the time, brokered through the Namebase marketplace. The crypto investor reportedly owns more than 1,300 Handshake domains. He said he bought the extension while observing a rising interest in....
A crypto intelligence firm has raised red flags about an increasing flow of comments in the crypto community about an ongoing phishing campaign, which is stealing funds from people who install a malicious browser extension. Chrome Browser Extension Is Redirecting Crypto Users to a Fake Metamask Site According to an alert published by Ciphertrace, since December 2, 2020, they have been noticing “an uptick of alerts and comments” about crypto funds stolen via a Chrome browser extension posing as the ethereum (ETH)-based wallet Metamask. The fraudulent extension redirects victims....
Russian payment service provider Qiwi has registered all domain names such as bitrouble.com, bitrouble.org, bitru.rf, and bitrub.li, according to the Russian newspaper “Kommersant.” This is good news for cybersquatters who may earn millions of rubles on domains containing a semblance to “BitRouble.” One such domain is "bitrubl.rf" whose price may reach 1 million Rubles, according to domain names investor Pavel Gross-Dneprov. Qiwi has also tried to register similar domain names in .ru and .rf. “However, it turned out that they are already registered,” the article continues. “And the company....
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....
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....