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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: Overstock

Overstock.com to Enable Customers to Buy Bitcoin via Its Crypto Wallet Portfolio Company Bitsy

Category: Adoption, Bitcoin, Business, Finance, News, wallet

Overstock.com to Enable Customers to Buy Bitcoin via Its Crypto Wallet Portfolio Company Bitsy

Overstock, the first major retailer to accept bitcoin, expects to formally begin selling the pioneer cryptocurrency through its website in the first half of 2019, the company announced in a September 14, 2018, press release. Over 23 Million People via Crypto-Friendly Overstock Website The blockchain investment arm of U.S. internet retailer Overstock announced that its investment choice Bitsy has begun…

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George Soros Makes U-turn, Set to Trade Cryptocurrency

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News

George Soros Makes U-turn, Set to Trade Cryptocurrency

It appears George Soros has made a U-turn on his stance regarding the crypto market or, at the very least, is prepared to get in on some of the action. This news is based on a report that his family office is set to begin trading in cryptocurrencies. George Soros like a number of prominent figures in the mainstream financial…

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Overstock’s tZero Facing SEC Review ($250 Million ICO in February)

Category: Altcoins, Business, Finance, News, Regulation

Overstock’s tZero Facing SEC Review ($250 Million ICO in February)

It was familiar news in the crypto community that the Securities Exchange Commission (SEC) was calling cryptocurrency ICOs, resulting in the ICO banning U.S. investors, or shutting the ICO down entirely. However, not each ICO buckled to the SEC pressure. Overstock.com is hosting the tZero ICO and has raised over $250 million thus far. Instead of closing its doors to…

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Overstock-Coinbase Bitcoin Mix-Up Leads to Huge Discounts

Category: Bitcoin, Business, Commentary, News

Overstock-Coinbase Bitcoin Mix-Up Leads to Huge Discounts

Overstock unwittingly processed bitcoin cash as having an identical value to bitcoin, effectively allowing customers of the e-commerce giant up to an 85 percent discount on cryptocurrency purchases. Massive Savings As tested by expert security investor Brian Krebs, the glitch allowed customers to use bitcoin and bitcoin cash interchangeably, profiting the difference between the two when paying in bitcoin cash….

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Companies in Delaware Adopt Blockchain Technology to Record Lists of Shareholders

Category: Blockchain, News

Companies in Delaware Adopt Blockchain Technology to Record Lists of Shareholders

A new law approved on August 1 now allows companies in Delaware to keep their list of shareholders on a blockchain. Since Delaware is where more than two-thirds of Fortune 500 companies are incorporated, this move demonstrates the growing interest from governments and businesses in this new technology. According to Symbiont, a New York–based company developing blockchain technology, a network…

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Overstock’s Wide-Ranging Altcoin Integration and Bitcoin ‘HODL’ Strategy

Category: Altcoins, Bitcoin, Business, News

Overstock’s Wide-Ranging Altcoin Integration and Bitcoin ‘HODL’ Strategy

Retail giant and early bitcoin adopter Overstock announced on August 8 the integration of major cryptocurrencies with a partnership with ShapeShift, as well as revealing that the company will go from holding 10 percent to half of all bitcoin spent with the merchant. With bitcoin frequently featured in mainstream media as of late with the rapidly rising price, the cryptocurrency…

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Overstock Successfully Issues Shares Over the Blockchain

Category: Bitcoin, Business, Finance, News, Tech

Overstock Successfully Issues Shares Over the Blockchain

Overstock has always had a forward stance when it came to Bitcoin, being one of the first major retailers to accept the cryptocurrency. Now they have taken it a step further, making history by issuing shares by leveraging the Bitcoin Blockchain. This was accomplished through Overstock’s subsidiary Medici, which owns 81 percent of tØ, or ‘T Zero.’ T Zero is…

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Are Overstock’s Blockchain Investments Paying Off?

Category: Business, Commentary, News, Tech

Are Overstock’s Blockchain Investments Paying Off?

Overstock (OSTK:NASDAQ) is one company in which you can invest in to obtain exposure to the value that blockchain technology will unlock in the years to come. As one of the first adopters of Bitcoin, it is clear that the large retailer dances to its own tune, whereby investment in blockchain technology has been a key priority for the firm….

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Overstock Invests In Belgian Fintech Startup SettleMint

Category: Bitcoin, Business, News

Overstock Invests In Belgian Fintech Startup SettleMint

Overstock is one of the biggest names in the Bitcoin and blockchain world. Not only is the company an early adopter of Bitcoin payments through the Overstock.com website, but they are actively exploring blockchain development. By investing in SettleMint, a Belgian blockchain startup, Overstock continues their efforts to roll out a decentralized trading platform.   SettleMint Attracts Overstock’s Attention The…

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Overstock Brings Blockchain to Wall Street; Acquires SpeedRoute for US$30.3 Million

Category: Business, Finance, News

Overstock Brings Blockchain to Wall Street; Acquires SpeedRoute for US$30.3 Million

American online retail giant Overstock has acquired SpeedRoute LLC brokerage firm that currently handles approximately 2.5% of U.S. equity order flow for US$30.3 million, with an aim to disrupt Wall Street with a decentralized settlement system platform called TØ. The acquisition, which consists of approximately $11 million in cash and 900,000 shares of Overstock’s common stock valued at $19.3 million,…

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