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.
Overstock will airdrop security tokens to OSTK shareholders on May 19, potentially flooding its fledgling tZERO exchange.
Overstock Will Airdrop Millions of Security Tokens to Its Stockholders
The U.S. Securities and Exchange Commission is seeking more feedback and more time before it decides whether to approve the launch of the Boston Security Token ...
SEC Postpones Decision on Overstock-Affiliated Security Token Exchange
Medici Ventures announces partnership between Symbion and GrainChain to expand the blockchain-based agritech platform globally.
Overstock Plots Global Expansion for Blockchain-Based Agritech Platform
An Overstock shareholder believes that the company’s directors facilitated the former-CEO Patrick Byrne's dumping of $90 million worth of stock last September.
Overstock Sued by Shareholder Over Former-CEO’s $90 Million Exit
The Boston Security Token Exchange is still being criticized for attempting to introduce blockchain into existing capital markets, despite another filing amendm...
Traditional Markets Remain Skeptical of TZero-Backed Security Token Platform
CEO of Overstock has issued a statement supporting blockchain in voting in response to the technology’s recently published vulnerabilities claims.
After MIT Find Vulnerabilities, Medici Ventures Defends Blockchain Voting App Voatz
Overstock’s blockchain arm tZERO aims to launch a broker dealer service in the first half of 2020.
Overstock’s tZERO to Launch Broker Dealer in First Half of 2020