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posted by Fnord666 on Friday November 03 2017, @11:08AM   Printer-friendly
from the mine-it-on-azure dept.

Amazon has bought/rented some domain names. It's news! It's news!

Amazon has secured three new domain names related to cryptocurrency, sparking speculation that the e-commerce giant could be preparing a move into the cryptocurrency space.

However, Amazon Pay's VP Patrick Gauthier told CNBC last month that Amazon had no plans to accept cryptocurrency because there hasn't been much demand yet, and Amazon may simply be protecting its brand name.

The domains are: amazonethereum.com, amazoncryptocurrency.com, amazoncryptocurrencies.com.

Trade publication DomainNameWire was the first to report on Amazon's move. The report said Amazon registered for the domains on Tuesday.

While some speculated that Amazon could be preparing to accept cryptocurrency payments, Amazon Pay's VP has said there is not enough demand for that yet.

So maybe it wasn't news after all. But it might have been a big help for the price of Ethereum.


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  • (Score: 3, Funny) by takyon on Friday November 03 2017, @02:24PM

    by takyon (881) <takyonNO@SPAMsoylentnews.org> on Friday November 03 2017, @02:24PM (#591676) Journal

    I guess he didn't really want to suggest Ethereum was somehow like eating the children of the poor.

    Such a controversy would only serve to boost Ethereum's value!

    Give me Ξ or kill the poor!

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