Overstock CEO Predicts Mass Crypto Adoption as Bitcoin Rises

Cryptocurrency markets have fallen by more than 70 percent this year. But according to a veteran from the industry, they are standing at the edge of a revolution. Patrick Byrne, the CEO of Overstock, an Amazon-like marketplace which accepts payments in Bitcoin, said in a recent interview that he is still expecting cryptocurrencies to reach…

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Overstock Subsidiary Medici Ventures Invests $6M USD In Crypto Social Network Minds

Medici Ventures, the blockchain branch of retail giant Overstock, has invested $6 million in decentralized social network Minds. Founded in 2011, Minds is an open-source social network that rewards users with crypto tokens for their contributions to the network. The platform has adopted the Manila Principles On Intermediary Liability, a digital bill of rights outlined…

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Overstock.com’s CEO Wants To Undermine Wall Street With The Tech Behind Bitcoin (HBO)

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Overstock Shares Plummet, Losing Around 50 Percent YTD

The cryptocurrency market has been in a steady decline for the last couple of weeks. Since the beginning of August, a little over $90 billion were wiped off the market. Popular e-commerce company Overstock has also felt the impact, forfeiting 50 percent of its value in 2018. A Bumpy Ride Much like other companies, Overstock…

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Overstock Sees Cryptocurrencies as a Great Business Opportunity

Overstock, an online retail giant famous for embracing crypto-friendly policies in 2017, announced the satisfactory results of the application of its new business model. Jonathan Johnson, a member of Overstock’s board of directors, informed that the company grew to accumulate capital of more than 1Bn USD, with earnings in cryptocurrencies exceeding 100k: “We have somewhere…

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Overstock Subsidiary tZero Unveils Security Token Trading Software Prototype

tZERO, the blockchain subsidiary of e-commerce giant Overstock, has revealed the prototype of its planned security token trading software. tZERO said the platform is designed to trade blockchain tokens in an easy, compliant, and user-friendly manner. The system is integrated with tZERO’s existing 15c3-5 risk management software, order management system, matching engine, and proprietary technology…

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