News
Overstock subsidiary Medici Ventures will cease providing all previous services pending a full conversion into a limited partnership fund.
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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
A United States federal judge has reversed his decision to dismiss a lawsuit alleging that Overstock manipulated its share market by distributing a security token in 2019.
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The Emerald Isle is now a hotspot for talent in tech and a corporate tax haven.
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Security token markets continued to slump last month, with sector-wide trade volume receding by more than 40%.
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While tZERO’s net revenues have nearly doubled year-over-year, Overstock’s fledgling security token exchange is still far from profitable.
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Two dozen security tokens drove $9.15 million in trade during September.
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The lawsuit, accusing Overstock of market manipulation through its security token airdrop, has been turfed by a federal judge.
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Overstock’s tZERO platform has commenced trading Aspen’s digital security.
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As protests rage in Belarus and Alexei Navalny remains in a coma, we look at new developments in crypto across the former USSR.
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New details of the salacious Butina–Byrne romance that led the Overstock CEO to resign emerge in the latest volume of the Senate's Russia investigation.
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Despite early hype, real estate tokenization has failed to garner significant momentum, leading some to question its future viability.
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Recent second quarter financial reports show big growth for Overstock — the same quarter the company gave its security token to investors as a dividend.
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Japanese financial giant SBI Holdings has acquired a 10% stake in Nomura’s digital security platform Boostry.
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As real estate security tokens grow in popularity, tZERO has partnered with Aspen Digital to support trade in a five-star resort-backed token.
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Overstock’s shares are up 8% following the announcement of record activity on its tZERO security token exchange.
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