Bitcoin.com

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Bitcoin.com
Type of site
Private
HeadquartersSaint Kitts and Nevis
Area servedWorldwide
CEOCorbin Fraser
IndustryCryptocurrency
ProductsCryptocurrency/web3 wallet, news, exchange, games
ServicesCryptocurrency sales, trading
Employees125 (January 2022)
URLbitcoin.com
CommercialYes
Current statusActive
Native client(s) oniOS, Android, web

Bitcoin.com is a cryptocurrency services company founded in 2014 by entrepreneur Roger Ver, who acquired the Bitcoin.com domain that year. Headquartered in Saint Kitts and Nevis, the company develops tools for buying, selling, storing, and managing cryptocurrencies, alongside operating a news and education portal focused on blockchain technology.

Products and services

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As a cryptocurrency company, Bitcoin.com provides products, services, and information related to the purchasing, selling, storing, and using of cryptocurrencies.[1][2]

Bitcoin.com's flagship product is the Bitcoin.com Wallet, a platform for buying, selling, trading, holding, using, and managing cryptocurrencies.[3] The Bitcoin.com Wallet was launched in June 2017 as a mobile app.[4]

History

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The Bitcoin.com domain name was first registered in 2000 to the Swedish company Hurricane Communication AB. The company let it lapse, and, in 2003, it was picked up by Korean-based IVN Technology, which held the domain until 2005. The domain lay fallow until January 2008, when Jesse Heitler registered the name again. Heitler held on until July 2010, when he got an offer for $2,000.[5] The domain subsequently changed hands a few times with no significant web activity.

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Roger Ver, then gained control of the Bitcoin.com domain name in April 2014,[7] where he leased it to Blockchain.info[8] and then later to OKCoin.[9] In May 2015, the 5-year agreement was terminated by OKCoin who issued a statement[10] claiming the agreement regarding the domain was invalid due to the entity named in the documents not being representative of the actual company. Ver sued OKCoin's Hong Kong entity over contract breaches[11] and was awarded a $570,000 judgement by a Hong Kong court in November 2017.[citation needed]

In May 2020, former Apple and Rakuten senior manager Dennis Jarvis was appointed CEO of Bitcoin.com. Jarvis redefined Bitcoin.com's vision to more broadly support the concept of ‘economic freedom’ rather than promote a specific cryptocurrency.[12]

In April 2021, the Bitcoin.com domain was erroneously listed for sale on Godaddy. This prompted site owner Roger Ver to demand the domain registrar and web hosting company remove the $100 million listing, which it did without providing further explanation.[13]

See also

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References

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  1. ^ "Tales from the crypto: lira crisis fuels Bitcoin boom in Turkey". the Guardian. 2022-01-25. Retrieved 2022-07-07.
  2. ^ "Bitcoin.com co-founder sells all his Bitcoin, citing 'high risk'". finance.nine.com.au. Retrieved 2022-07-07.
  3. ^ Gershgorn, Dave (2017-12-13). "How to give the gift of bitcoin this holiday season". Quartz. Retrieved 2022-07-07.
  4. ^ "The best Bitcoin apps". Information Age. 2021-07-27. Retrieved 2022-07-07.
  5. ^ Paul, Vigna; Michael, Casey (2014-04-22). "BitBeat: The Men Who Owned Bitcoin.com". The Wall Street Journal.
  6. ^ The history of bitcoin being registered in 2000, is False there is no such history that has ever been proven, the only proven registry for bitcoin.com is in 2008 which was in January 1, 2008 eight months and 18 days before bitcoin.org was registered, the person whom registered bitcoin.com and bitcoin.org was the same person who created bitcoin, and whom used Satoshi Nakamoto as an alias name in place of the creator of bitcoin, this alleged allegation of this history of it being registered in 2000 is completely false and not true. When the creator of the white paper decided to open source the code and the idea of bitcoin as a MIT License, the creator of bitcoin decided to use bitcoin.org and not bitcoin.com and therefore at the time did not see a need to keep bitcoin.com. The creator of bitcoin, did not realize bitcoin would be anything given that he couldn't obtain a money transmitting license and therefore, decided to opensource bitcoin as a p2p network, using the bitcoin.org so Satoshi created both bitcoin.com and bitcoin.org. there is a lot of mis-conception being told here about bitcoin.com, there never has been true verification of bitcoin.com in its notion it was created in 2000. this is a way cover domain purchases of the first domain Satoshi Nakamoto being created because the domain were both purchases using debit cards. the historical facts on this Wikipedia about bitcoin is untrue and there is no documentation of it.
  7. ^ Casey, Paul Vigna and Michael J. (2014-04-22). "BitBeat: The Men Who Owned Bitcoin.com". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-10-21.
  8. ^ Vigna, Paul (2014-04-17). "Blockchain Buys Rights to Bitcoin.com Domain Name". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-10-21.
  9. ^ Casey, M.J.; Vigna, Paul (2014-04-17). "BitBeat: What's in a Name? A Lot, if It's Bitcoin.com". Wall Street Journal. Retrieved 2021-10-16.
  10. ^ "OKCoin no longer managing Bitcoin.com due to contract conflict with domain owner". OKCoin. 2015-06-13. Archived from the original on 2015-12-22. Retrieved 2021-11-02.
  11. ^ Lee, Eddie (2016-09-22). "Bitcoin investor sues Hong Kong firm over alleged contract breaches". South China Morning Post. Retrieved 2021-11-02.
  12. ^ Cabral, Alvin R. (2021-10-28). "Decentralised finance can increase economic freedom, Bitcoin.com chief says". The National. Retrieved 2022-07-07.
  13. ^ Hackney, Raymond (2021-04-05). "GoDaddy takes down $100m listing for Bitcoin.com". The Domains. Retrieved 2021-12-10.
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