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Overstock became the first company to offer a corporate bond, valued at US$25 million, as crypto securities to qualified institutional investors.
Online retailer Overstock has filed for permission to issue US$500m in stocks using distributed blockchain technology.
Patrick Byrne, CEO of Overstock, speaks with CoinTelegraph about the company’s new projects, including Medici and whether it will work with the Counterparty platform, how Wall Street and regulators are receiving the project, and how the old system has allowed financial predators to roam free.
Overstock CEO Patrick Byrne discusses the vulnerabilities of our current financial system, and explains how "blockchain trading" could solve these flaws, at CATO Institute conference.
Keynoting at the Inside Bitcoins Conference in Las Vegas, Overstock CEO Patrick Byrne wowed the crowd by announcing a stock market based on the Bitcoin block chain protocol.
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Overstock CEO Patrick Byrne has long criticized Wall Street, calling the system “rigged.” He announced at Inside Bitcoins in Las Vegas that he was going to do something about it.
One of the biggest questions surrounding Bitcoin is why it is worth anything at all. A popular candidate for answering this question is the influence of merchant adoption.
In a Quarter 3 conference call with investors, CEO of Overstock Patrick Byrne expanded on his plans to team up with Counterparty to create a decentralized stock exchange called Medici. Once developed, Byrne says Medici will be a “tollbooth” between the worlds of traditional finance and crypto finance.
California is working to stop businesses from moving out of the state in its version of the BitLicense; Patrick Byrne signs US$30M deal to bridge the gap between Bitcoin technology and Wall Street; and more news
Overstock has officially issued stock market shares through Bitcoin’s Blockchain technology and are quickly expanding the market share.
Several interesting stories are coming from Overstock.com on Friday, two of which are Bitcoin-specific, and one that shines a sliver of light on CEO Patrick Byrne’s Medici project.
Overstock takes steps toward issuing blockchain-secured stocks by purchasing a 25% stake in trading firm Pro Securities.
Inside Bitcoins Las Vegas will be held October 5-7, 2014 in Las Vegas, Nevada.
Patrick M. Byrne, the CEO of Overstock, has taken an indefinite leave of absence due to complications arising from Hepatitis C. Will his company remain bitcoin-friendly post his exit?
Overstock CEO Patrick Byrne's gives CT his comments at Money 20/20 Europe conference on the first public offering of securities to be recorded to a distributed blockchain ledger.
CoinTelegraph spoke to Judd Bagley, Overstock’s Director of Communications, about the company’s continuing support for Bitcoin and cryptocurrency.
After a close brush with death, Overstock’s Bitcoin-loving CEO Patrick Byrne is back at it, and has resumed his duties heading the large online retailer.
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