US e-commerce company Overstock made its bitcoin payment option available in 170 countries across the globe.
Overstock said that it will start operating under the domain of Bedbathandbeyond.com, which offer greater brand awareness and recognition.
Bitcoin is not perfect but it does have certain plusses that are not available with physical currencies and are very beneficial to users.
Black Friday is the first day of the Christmas shopping season and retailers make numerous special offers to please their customers. We are presenting you crypto Black Friday.
An investor from Canada has sued Overstock along with its ex-CEO and ex-CFO for securities fraud. He says that the company made false statements and manipulated the stock price.
The board of Overstock.com has appointed Jonathan Johnson as the company’s CEO. He had been serving as interim CEO since company founder Patrick Byrne stepped down last month.
In recent news, Patrick Byrne, the former CEO of Overstock, has sold all his Overstock equity holdings worth about $90 million to shift his investments to different assets like precious metals and cryptocurrencies.
In recent news, Patrick Byrne, the long-time CEO of Overstock has announced in a letter to shareholders, that he is stepping down from his position. His position will be temporarily replaced by Jonathan Johnson.
INX Limited, a crypto exchange startup is in plans to raise $129,5 million through an IPO. And it has already reportedly filed a draft F-1 with the SEC.
Overstock.com subsidiary tZERO announced that its preferred equity security tokens are now available to be resold to non-accredited investors.
Overstock is opening up trading on its security token market, tZERO, to all traders. Retail investors will now be able to trade on the platform starting August 12.
Overstock.com, the retail giant firm, has just announced that it will be paying dividends to its shareholders in digital shares powered by an affiliate company, tZero. The CEO has expressed commitment to a blockchain capital market.
Irrespective of the tightened regulations against Blockchain in the US., Utah County becomes the third jurisdiction in the United States to offer blockchain-based mobile voting in their municipal primary election.
The global leader in blockchain innovation for capital markets, TZero has launched its digital wallet and exchange services app (the “tZERO Crypto App”) for cryptocurrencies. The initial release will support Bitcoin and Ethereum purchases.
Even though there was hope that eBay may be delving into Bitcoin and cryptocurrency, the hopes were shattered after their spokeperson said that cryptocurrency is not a part of their payments strategy.
eBay, the US-based e-commerce behemoth, is rumored to make a foray into crypto after its Consensus ads recently leaked online. If eBay does open arms for crypto payments, it could be a boon for adoption.