Amazon Purchases Cryptocurrency Domains at Breaking News

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Amazon Purchases Cryptocurrency Domains, The cryptocurrency would also have to be capable of processing over 600 transactions per second since this is the number of purchases made on amazon during peak sales hours. Back in march 2013, amazon registered amazonbitcoin.com, which now redirects to amazon.com, while the newly purchased domains. Now, we can see that the major ecommerce website purchased four additional domains, which again confirms the rumors about a significant expansion.

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Although the recent domain purchases by the company may also signify the start of cryptocurrency plans as over two domains relating to blockchain technology were recently registered by the company. The tech giant previously bought up domain names like amazonbitcoin.com, although that website has never been active. In a press release published friday, crypto payments.

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In 2019, amazon bought the cryptocurrency related domain amazonbitcoin.com, after which it raised a lot of speculations about potential foray in the crypto market. Updated sep 13, 2021 at 2:18 a.m. Short by shifa naseer / 03:38 pm on 05 nov. Earlier, amazon also registered the domain name amazon bitcoin which takes users directly to amazon's website. Amazon does have a mild but clear interest in doing its due diligence in brand protection and locking down all those urls.