One of the largest online retailers Overstock.com mixed up Bitcoin and Bitcoin Cash by accident. As a result of the glitch, customers could get a refund in Bitcoin instead of Bitcoin Cash, which meant returning more money than they initially paid.
Online retailer started selling company shares via its trading platform, thus becoming the first publicly traded company to issue securities on the blockchain.
The new platform tØ promises to change financial market by enabling instantaneous transactions.
Major online retailer Overstock is planning to issue new kind of securities that will be developed with the use of technology behind cryptocurrencies.
Microsoft is now accepting Bitcoin as a payment option to buy apps, games, and other products for Windows, Windows Phone, and Xbox. Check the Coinspeaker’s list of 10 other large websites now accepting bitcoin, along with each company’s Alexa Global Rank, indicating their Web traffic ranking.
Overstock.com plans to develop cryptosecurities stock exchange that will allow retailers to issue their corporate stock over the internet.
US e-commerce company Overstock made its bitcoin payment option available in 170 countries across the globe.