Former Overstock CEO Patrick Byrne is apparently still holding a major stake in tZero, Overstock’s crypto token platform.
Overstock News
Overstock.com is an online retailer that sells a wide range of goods. At its origins, it was a platform for selling the surplus of electronic goods or those which had been returned, but it then started to offer new products, which have attracted more of the public. The platform was founded in 1999 by Patrick Byrne, who is the current CEO of the company. The company is headquartered in the USA. In 2014, it became the first major retailer to start accepting Bitcoin as a form of payment. By 2017, the company had launched the Medici Ventures department, specializing on blockchain and its technologies, while also entering into a partnership with an exchange platform so that they can allow their customers purchase items with over 40 other kinds of virtual currencies. Overstock donates 4% of its Bitcoin revenue to various foundations involved in advocating for the use of cryptocurrency.
- News
- News
by Helen Partz
Overstock’s blockchain arm tZERO will tokenize $25 million worth of a luxury residential property in Manchester, United Kingdom.
- News
by Joeri Cant
Overstock’s venture capital arm Medici Ventures joins $31 million funding round for California-based software company in the financial industry.
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Boston Security Token Exchange, a platform jointly owned by BOX Digital Markets and tZERO, seeks the U.S. SEC’s approval to launch a market for security tokens.
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E-commerce giant Overstock’s new blockchain R&D center opens in Ireland and is expected to make its 100th local hire before the end of 2019.
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In an open letter to other investors, Sonic Zhang says Bankorus’ co-founder has revealed that the firm is all but bankrupt.
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by Kollen Post
An investor has filed a complaint in Utah court against Overstock.com, former CEO Patrick Byrne and former CFO Greg Iverson alleging violation of securities law...
- Analysis
A look at the journey of Patrick Byrne and Overstock.com to be pioneers of the crypto/blockchain ecosystem.
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Overstock’s Medici Ventures invests $2 million into Salt Lake City-based Evernym, a startup developing blockchain-based self-sovereign identity networks.
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The SEC received an S-3 stock registration filing for a blockchain-based digital preferred stock from online retail giant Overstock.
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American e-commerce giant Overstock.com has appointed Jonathan Johnson as the company’s new chief executive officer.
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by Helen Partz
Patrick Byrne, who resigned as CEO of Overstock last month, has sold his 13% stake in the firm for $90 million to move to gold and crypto trading.
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American e-commerce giant Overstock is working on the liberalization of its planned digital dividend shares trading.
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The CEO of tZERO, Saum Noursalehi, has issued an update on tZERO’s progress and addressed the departure of Overstock.com’s CEO Patrick Byrne.
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by Helen Partz
The SEC has not requested Overstock for information within the ongoing probe since December 2018, interim CEO says.
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