New details of the salacious Butina-Byrne romance that led the Overstock CEO to resign emerge in latest volume of Senate Russia investigation. On Aug. 18, the Senate Intelligence Committee released volume five of its investigation into Russian interference in the 2016 election. The new version found that former CEO of Overstock.com and noted crypto advocate […]
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Despite early hype, real estate tokenization has failed to garner significant momentum, leading some to question its future viability. As the initial coin offering (ICO) boom subsided and the 2018 crypto bear trend began to set in, many analysts predicted that security tokens may drive the next market cycle — with the vast capital locked […]
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Recent second quarter financial reports show big growth for Overstock — the same quarter the company gave its security token to investors as a dividend. Recent Q2 financial details from blockchain-involved company Overstock show triple digit percentage growth compared to the same time in 2019. “Total net revenue was $783 million, an increase of 109% […]
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Despite a number of choke points, development continues for both security tokens themselves and the market infrastructure to support them. The general hype circa 2018 proclaimed security tokens as crypto’s killer app. After Bitcoin fell from its $20,000 peak in December 2017, some of the more revolutionary promises of cryptocurrencies had lost their luster — […]
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Japanese financial giant SBI Holdings has acquired a 10% stake in Nomura’s digital security platform Boostry. Major Japanese financial services company SBI Holdings now owns a 10% stake in the digital security offering platform Boostry. The news follows the signing of a memorandum of understanding between Nomura Research Institute — a joint venture of Boostry’s […]
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As real estate security tokens grow in popularity, tZERO has partnered with Aspen Digital to support trade in a five-star resort-backed token. Leading security token exchange tZERO has partnered with Aspen Digital Inc. to enable trade for Aspen’s digital security. The ‘ASPEN’ token, previously dubbed ‘Aspen Coin’, represents $18 million worth of indirect ownership in […]
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Overstock’s shares are up 8% following the announcement of record activity on its tZERO security token exchange. Overstock’s shares have jumped by 8% following the release of new data regarding user and trading activity on the company’s tZERO alternative trading system (ATS) for security tokens. An announcement published by tZERO on June 10 noted that […]
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Less than three months after its ‘digital dividend’ airdrop, Overstock’s OSTKO is dominating the security token rankings for both market cap and volume. Since airdropping to Overstock shareholders on May 19, Overstock’s OSTKO token has firmly established itself as the leading security token by trade volume. OSTKO currently posts double the 24-hour trade of volume […]
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A representative of LG’s information technology subsidiary LG CNS told Cointelegraph that blockchain-based identity systems could replace all login functions. A representative of LG’s information technology subsidiary, LG CNS, told Cointelegraph that blockchain-based identity systems could become the new standard for login functions. When asked about why the firm is pursuing the development of blockchain-based […]
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“Open Source Money,” a documentary series on a crypto firm fully financed with cryptocurrency will air on cable television in the United States. “Open Source Money,” a documentary series on a crypto firm fully financed with cryptocurrency will air on cable television in the United States. According to an announcement on May 29, Discovery Science […]
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