The teenage rapper, who has tens of millions of fans on social media, is now accepting Lightning Network payments for merchandise. American rapper Lil Pump has started accepting bitcoin (BTC) payments through his merchandise store Unhappy, according to his website. Fans of the 18-year-old, known for his catchphrase “Esskeetit” and his most recent album Harverd […]
Continue Reading
Overstock blockchain subsidiary tZERO missed the target date for $100 million in investment, according to a shareholder letter. TZERO, the blockchain subsidiary of retail giant Overstock, has missed its mid-April goal for a $100 million fund raise from Chinese investment firm GSR Capital and Singaporean private equity firm Makara Capital. The firm announced the development […]
Continue Reading
Researchers at Portland State University have created a blockchain protocol to prevent counterfeit pharmaceuticals from filling the market. Portland State University (PSU) researchers have made a blockchain protocol to prevent counterfeit pharmaceuticals from filling the market, according to a press release published on April 15. PSU researcher and professor of computer science at the Maseeh […]
Continue Reading
Leading Swiss online retailer Digitec Galaxus has announced that it now accepts cryptocurrencies. Leading Swiss online retailer Digitec Galaxus has announced that it will now accept cryptocurrencies, according to a press release published on March 19. Per the announcement, the shop is now accepting Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Ethereum (ETH), Ripple […]
Continue Reading
Overstock.com will seemingly delay the sale of its retail wing, the profits of which it can purportedly use to support its crypto and blockchain portfolio companies. The CEO of retail giant Overstock.com, Patrick Byrne, noted the potential profitability of the firm’s retail arm in its Q4 2018 earnings conference call on March 18. Byrne’s statements […]
Continue ReadingThe encouragement comes despite withdrawal of investment plans for tZERO, while Overstock will change its strategy this year. Canadian online retailer Overstock.com said it would counter its significant losses for 2018 with a return to profits this year in its Q4 earnings report released on March 18. Overstock, which is famous as being one of […]
Continue ReadingNumerous companies have been moving ahead with blockchain and crypto projects, showing interest from traditional players. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market […]
Continue Reading
American retail corporation Overstock.com’s blockchain subsidiary Medici has acquired a stake in blockchain banking project Bankorus. Retail giant Overstock.com, Inc.’s blockchain subsidiary, Medici Ventures, has acquired a stake in blockchain banking platform Bankorus, according to a press release published on March 11. Medici Ventures has purchased a 5.1 percent stake in Bankorus, a blockchain banking […]
Continue ReadingEastern Caribbean Central Bank to issue Digital Eastern Caribbean Dollar in partnership with Medici portfolio firm Bitt. Bitt, a portfolio firm of Overstock’s blockchain firm Medici, has partnered with the Eastern Caribbean Central Bank (ECCB) to pilot central bank digital currency (CBDC). Overstock announced the news in a press release on March 6. Barbados-based Bitt […]
Continue Reading
Chinese investment firm GSR and Singaporean private equity firm Makara will co-lead a $100 million investment in tZERO. Chinese investment firm GSR Capital and Singaporean private equity firm Makara Capital will co-lead an investment of up to $100 million in tZERO, according to a press release on March 1. TZero is United States retail giant […]
Continue Reading