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Illustration: Rebecca Zisser / Axios

Prices and investment in digital tokens skyrocketed this year, and so did purchases of related web domains, according to data from GoDaddy.

Why it matters: It's certainly reminiscent of the frothiness of the DotCom boom. And just as any company with a website could complete an IPO back then, we're already seeing companies boosting their stock prices now simply by adding "blockchain" to their names. An iced tea company pulled the trick yesterday, as did a British provider of stock market data in October.

By the numbers:

  • Registrations of domains including "coin" went up by 139.3% in the past year.
  • Registrations of domains including "crypto" went up by 362% in the past year.
  • Cryptobank.com was purchased this year for $125,000, according to DN Journal.

Go deeper: Here's a look at the trend from Bloomberg.

Go deeper

Climate reckoning for oil and gas CEOs

Illustration: Aïda Amer/Axios

Top executives from ExxonMobil, BP, Chevron and Shell will face a reckoning on Capitol Hill Thursday, as they're grilled on evidence that their companies knew for years that their products were driving climate change but chose to downplay or deny it.

Why it matters: The hearing before the House Oversight Committee will be the first time these executives have been brought together to provide sworn testimony regarding what they knew about the ties between their company's products and climate change, and when they knew it.

Updated 3 hours ago - Science

Nor'easter slams East Coast with flooding rain and powerful winds

A residential area in Middlesex County as floodwater from the nor'easter covers streets in New Jersey on Tuesday. Photo: Tayfun Coskun/Anadolu Agency via Getty Images

A monster storm was slamming the Northeast with record rainfall and powerful winds over Tuesday night — causing flash flooding that resulted in people having to be rescued in New Jersey and New York roads to close.

Threat level: All of southern New England westward to New York City and northern New Jersey was under the threat of flash flooding and coastal flooding from the nor'easter through Tuesday night into early Wednesday, per the National Weather Service.

3 hours ago - World

Blinken speaks with Sudan prime minister after his release

Sudan's Prime Minister Abdallah Hamdok. Photo: Ebrahim Hamid/AFP via Getty Images

Secretary of State Tony Blinken spoke on the phone on Tuesday evening with Sudan’s Prime Minister Abdalla Hamdok after the military released him from custody.

Why it matters: Hamdok’s release was a result of pressure on Sudan’s military leader General Abdul Fattah al-Burhan from the U.S. and other countries but also from the different political parties in Sudan and massive protests in the streets.