Overstock will airdrop security tokens to OSTK shareholders on May 19, potentially flooding its fledgling tZERO exchange. Overstock has slated May 19 as the date to airdrop OSTKO security tokens as a dividend to its shareholders. They’ll get one security token for every ten OSTK shares they own as of April 27, making for 4.37 […]
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Tokenization is a prevalent topic in the crypto industry, but where does it currently stand, and what are the tech and regulatory issues it faces? With ongoing talks of Central Bank Digital Currencies and now even a possible digital dollar, tokenization continues to be a hot topic both in the crypto world and in traditional […]
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The U.S. Securities and Exchange Commission is seeking more feedback and more time before it decides whether to approve the launch of the Boston Security Token Exchange. The United States Securities and Exchange Commission is seeking more feedback and more time before it decides whether to approve the launch of the Boston Security Token Exchange […]
Continue ReadingMedici Ventures announces partnership between Symbion and GrainChain to expand the blockchain-based agritech platform globally. Overstock’s blockchain accelerator, Medici Ventures, announced a global expansion of the distributed ledger technology (DLT)-powered agritech platform GrainChain. Medici Ventures published a press release on March 27 announcing that GrainChain’s expansion will be executed in collaboration with fintech company Symbiont […]
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An Overstock shareholder believes that the company’s directors facilitated the former-CEO Patrick Byrne’s dumping of $90 million worth of stock last September. Online retailer Overstock is facing a lawsuit from shareholder John Murphy over former CEO Patrick Byrne’s abrupt departure from the company and off-loading of $90 million worth of shares. According to Law360 on […]
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The Boston Security Token Exchange is still being criticized for attempting to introduce blockchain into existing capital markets, despite another filing amendment. The Boston Security Token Exchange (BSTX) is still looking to be approved by the United States Securities and Exchange Commission. The second amendment to its Oct. 11 filing, submitted on Feb. 19 and […]
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Is Bitcoin a currency, money, digital gold? Industry participants have differing opinions on what BTC is as the halving approaches. As the Bitcoin halving draws ever nearer, the demand for the digital asset keeps soaring, having seen an increase of around 15% against the United States dollar in the past month. The Bitcoin halving is […]
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CEO of Overstock has issued a statement supporting blockchain in voting in response to the technology’s recently published vulnerabilities claims. Jonathan Johnson, CEO of Overstock and president of Medici Ventures, has issued a statement supporting blockchain in voting in response to the technology’s vulnerabilities claims published on Feb. 13. Emerging technologies got in the crosshairs […]
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ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired SEC-registered broker-dealer Heritage Financial Systems. ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired an American broker-dealer, Heritage Financial Systems. Heritage, a broker-dealer registered with the United States Securities and Exchange Commission (SEC), has been acquired by ConsenSys’s […]
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Overstock’s blockchain arm tZERO aims to launch a cryptocurrency market broker dealer service in the first half of 2020. Overstock’s blockchain arm tZERO aims to launch its cryptocurrency and digital asset broker dealer service in the first half of 2020. In a letter to investors released on Jan. 30, tZERO CEO Saum Noursalehi provided a […]
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