Overstock News
Latest Overstock News
There has been an extra amount of negative sentiment directed towards cryptocurrencies in the last few weeks as Bitcoin slowly winded down from $8500 to $6800 over the course of a month. Many wealth managers believe it is better to…
tZero, a subsidiary of internet retailer Overstock, has announced it’s working with Alliance Investments as their technology partner, as the latter aims to bring real estate tokenization across the U.K. The two companies will launch the bloc’s first real estate…
According to a report published by Yahoo Finance on August 24, 2019, U.S.-based internet retailer Overstock is doubling down on its investment in the cryptocurrency and blockchain space. Interestingly, this development comes just a few days after the Midvale-headquartered firm’s…
Ravencoin was declared one of the most exciting cryptocurrencies of 2019, and Overstock CEO Patrick Byrne has confirmed that he believes in what the project is trying to achieve as he announced that tZERO would be listing it on their…
Payments firm Square announced a $125 million in revenue from Bitcoin through its mobile payments service, CashApp. Square entered the crypto space, much to the dismay of traditional players, and have established themselves as a strong brand capable of understanding…
In a press release issued on June 10, 2019, Overstock.com announced that its blockchain subsidiary, Medici Land Governance (MLG) had inked a Memorandum of Understanding (MoU) with Liberia’s Ministry of Finance and Development Planning. Liberia Opens up to Blockchain Liberia…
After the disappointing figures reported in their fourth-quarter earnings for 2018 published on March 18 2019, Overstock’s CEO has said that there will be a big change this year, and that the tZero platform is still promising. Falling Figures Overstock’s…
Bitt, a portfolio company of Medici Ventures, the leading blockchain accelerator and subsidiary of Overstock, has joined forces with the Eastern Caribbean Central Bank (ECCB) to conduct a distributed ledger technology (DLT) based Central Bank Digital Currency (CBDC) pilot across…
The founder and CEO of Overstock.com and the chairman of tZero, a subsidiary of Medici Ventures, Patrick Byrne, is going all-in on blockchain technology, saying it has the potential to “radically” transform government services worldwide, Market Watch reported on February…
Overstock’s land registration subsidiary will be working with the municipality of Tulum in Quintana Roo in Mexico to develop a land registration platform, as reported by Nasdaq, February 4, 2019. Medici in Mexico Blockchain has previously been used for land…
tZERO, a firm that claims to be a global leader in blockchain technology innovation for the capital markets, has announced that its security token has begun live trading and as such, investors can trade the tokens with other accredited investors…
Online retailer Overstock announced it would pay a part of its Ohio state business tax using bitcoin, making it the first company to use Ohio’s crypto tax portal, Fortune reported on January 3, 2019. Paying Taxes in Virtual Currency An…
Overstock subsidiary Medici Ventures has purchased a $2.5 million equity in GrainChain, a blockchain-based payment solution for farms. According to a press release issued December 4, 2018, the sale has granted Medici Ventures ten percent ownership in the company, and…
Internet Retailing giant Overstock is prepared to sell their online retail business by investing the company’s funds on tZero, a blockchain-based trading system, and other blockchain startups. According to the Wall Street Journal’s article published on November 23, 2018, while…
Overstock, the first major retailer to accept bitcoin, expects to formally begin selling the pioneer cryptocurrency through its website in the first half of 2019, the company announced in a September 14, 2018, press release. Over 23 Million People via…
It appears George Soros has made a U-turn on his stance regarding the crypto market or, at the very least, is prepared to get in on some of the action. This news is based on a report that his family…