Tag: overstock

Hodler’s Digest, October 21-October 28: US SEC Mulls Over Bitcoin ETFs, While Bakkt’s BTC Futures Inch Closer To Approval

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Bakkt BTC futures are tentatively set to launch in December, while New York regulators give Coinbase the green light for custody services. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and […]

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Overstock’s Medici Ventures Invests in Decentralized Social Network

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Overstock’s Medici Ventures has invested in a blockchain-powered social networking platform Minds, Inc. Overstock’s venture capital subsidiary Medici Ventures has invested in decentralized social network Minds, Inc. (Minds.com), according to a press release shared with Cointelegraph Oct. 22. Founded in 2011, Minds is a decentralized social networking platform that rewards users for their activity online […]

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Time Magazine Includes Blockchain Startup in Its 50 ‘Genius Companies 2018’ List

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Time Magazine has put a blockchain startup from Ghana in its “Genius Companies” list for 2018, along with such companies as Apple, Netflix and SpaceX. American journal Time Magazine has included a blockchain startup in its recent top 50 “Genius Companies 2018″ list, published Thursday, October 4. In putting together the list, the magazine asked […]

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Overstock’s Medici Ventures Invests in Blockchain Platform to Fight Wine Counterfeits

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Overstock’s investment subsidiary Medici Ventures has funded a blockchain project aimed at fighting wine counterfeit. Overstock.com’s venture capital subsidiary Medici Ventures has invested in Israeli-based technology company VinX to develop a blockchain-powered wine futures platform, according to a press release published October 4. The exact amount of the investment was not disclosed. Per the announcement, […]

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Lease-To-Own Services Make A Comeback With Overstock.com

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Lease-to-own services are making a comeback with eCommerce retailers. Overstock.com is bringing a lease-to-own purchase option to its financial service offerings. The option, provided by Progressive Leasing, allows customers to lease products for as long as a year and is available for over three million products on the retailer’s website. Overstock.com is no stranger to offering financial […]

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Overstock Ex-Chairman: Cryptocurrency is Like Cash, Good for Business

Daniel Chiang

According to Jonathan Johnson, who now serves on Overstock’s board of directors, the company processes between $68,000 and $120,000 per week in cryptocurrency revenues, primarily through Bitcoin and Ethereum. This is just a fraction of Overstock’s overall business, comprising just 0.2 percent of its total revenue. Yet, even with declining prices for Bitcoin and the […]

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SEC Probe Into Overstock $250 Million tZero ICO, SAFE vs SAFT

Daniel Chiang

Overstock-backed ICO, tZero has released an amended statement to the SEC regarding a previously confidential Private Placement Offering Memorandum, initially dated December 18, 2017 and supplemented on January 27, 2018. In the amended, supplemented and restated statement made on March 1, 2018, tZero outlines a number of changes to their ICO, presumably to maintain compliance […]

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