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At that time, during the slump in cryptocurrency prices, Mr. Marszalek decided to rebrand Monaco. She contacted Matt Blaze, who was then a professor of cryptography at the University of Pennsylvania and has owned the crypto.com domain name for 25 years. During this time, Mr. Blaze refused to share his web address and overtly despised The new digital gold rush.
But this time, Mr. Blaze couldn’t resist. Inside July 2018 He wrote in his blog post that he has “received a growing barrage of bids, most of which are obviously unimportant, but a few are obviously notable for the crypto.com domain.” “Most of them shrug, but it’s become increasingly clear to me that holding the domain has become less and less meaningful to me,” he said.
Mr Blaze, who is now a professor at Georgetown University, declined to comment. In a Zoom interview from a stark white room in Hong Kong, Mr. Marszalek also declined to discuss what he paid for the Crypto.com domain, but stated: An article on The Verge tech site This made me think the address could be worth millions.
Mr. Marszalek, 42, born in Poland, said in an interview that Crypto.com and its parent company, Foris Technology, are headquartered in Singapore. Crypto.com’s trading app, which allows people to buy and sell Bitcoin, Ether and 150 other digital currencies, makes money by charging transactions. Mr. Marszalek said the company was profitable, but did not give exact figures.
“As with all cryptocurrency businesses this year, the market has been phenomenal,” he said. He added that Crypto.com’s revenue between April and June was about a quarter of that of Coinbase, a leading cryptocurrency exchange that had revenue of $2.2 billion at the time.
Crypto.com only ninth largest cryptocurrency exchange According to CoinMarketCap, a site that tracks cryptocurrency trading and prices, by daily volume. Still, the bull market has allowed the company to fund a dazzling marketing move.
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