Amazon teases cryptocurrency ambitions with domain purchases

Amazon is not-so quietly shaping the future around its ever-expanding business, so it makes sense they’d want to get in on cryptocurrency, too.

The company wants to build a fleet of package-delivering drones. They maybe want to build giant drone hives in a city near you. They’ve got grocery stores and devices you can ask to set a timer or play a song. Now, according to Whois data, an Amazon subsidiary registered amazoncryptocurrencies.com, amazoncryptocurrency.com, and amazonethereum.com on Oct. 31.

The news was first reported by DomainNameWire, and, as they wrote, Amazon might just be buying up the names so nobody else can profit off a feigned association with their brandCoindesk pointed out that Amazon registered amazonbitcoin.com four years ago, and that just redirects to the company’s regular homepage. Read more…