Amazon registered crypto-related domains

Online commerce giant had registered three domain names, related to the cryptocoins; what to expect? 
02 November 2017   1383

The world's largest online retailer and one of the most expensive company Amazon has registered web domains, the names of which consist of the words "cryptocurrency" and "Ethereum". This is reported by DomainNameWire.

Amazon Ethereum domain
Amazon Ethereum domain

The domains names 'amazonethereum.com', 'amazoncryptocurrency.com' and 'amazoncryptocurrencies.com' were registered on October 31, 2017 by Amazon Technologies, Inc. - a division of the global giant of online commerce. The numbers listed in the registration data belong to the legal department of Amazon.

For the time being, it is not yet clear for what purpose these domain names were registered. According to representatives of DomainNameWire, Amazon may, in the long term, intend to create its own crypto currency.

It is noteworthy that back in 2013 the company registered the domain name "amazonbitcoin.com", the redirect from which leads to the main page of Amazon.com.

Previously known American investor, James Altucer said that in the near future Amazon will accept bitcoin as paymentment method. And although his forecast regarding October 26 as the date when this should happen did not materialize, the news about the registration of "crypto-currency" domains makes it necessary to take a fresh look at this situation.

Prime Trust to Launch Custody Service for Crypto

CEO claimed his company will be the first to offer custody for any ERC-20 tokens
15 August 2018   158

Prime Trust announced the launch of the cryptocurrency custody service. This is reported by the Coindesk.

It became known that as early as the middle of July, the bitcoin storage service became available to customers, and next week support for Ethereum and ERC-20 tokens will be added.

In cryptographic storages, the access key to the wallet is stored either on a secure device not connected to the network or on paper in a safe.

Recently, information has appeared that several financial market mastodons, including Goldman Sachs, Northern Trust and Intercontinental Exchange, plan to provide custodian services for cryptocurrencies. However, according to Prime Trust head Scott Purcell, they were able to get ahead of the above-mentioned organizations.

They are trillion-dollar Fortune 100 entities, and they are just not going to move that fast. "We had had an engineering breakthrough which now enables us to easily cold-storage any ERC-20 token (along with BTC and ETH, of course).
 

Scott Purcell

CEO, Price Trust

Also, Scott notes that Prime Trust will be the first company to offer any ERC-20 tokens storage services.