The CEO of tZERO, Saum Noursalehi, has issued an update on tZERO’s progress and addressed the departure of Overstock.com’s CEO Patrick Byrne. The CEO of Overstock’s blockchain subsidiary tZERO, Saum Noursalehi, has issued an update on tZERO’s progress and addressed the departure of Overstock’s CEO Patrick Byrne. In a letter to investors published on Sept. […]
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The SEC has not requested Overstock for information within the ongoing probe since December 2018, interim CEO says. Patrick Byrne’s exit from Overstock has nothing to do with the allegedly ongoing regulatory investigation, the firm’s interim CEO said. No requests since December 2018 Overstock’s interim CEO Jonathan Johnson claimed that the alleged probe by the […]
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Seychelles-based securities exchange MERJ plans to distribute its equity to Europe using digital tokens by partnering with blockchain service provider Globacap. Seychelles-based securities exchange MERJ — which listed the first regulated security token on a national stock market — plans to distribute its equity to Europe via a partnership with blockchain service provider Globacap. A […]
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Singapore-based equity firm Makara Capital said it will not invest in Overstock’s blockchain subsidiary tZERO. Singaporean private equity firm Makara Capital said it will not invest in Overstock’s blockchain subsidiary tZERO. In an Overstock investor call on Aug. 26, Overstock’s interim CEO Jonathan Johnson said that Makara recently informed the firm that they “will be […]
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Crypto advocate Patrick Byrne resigns as CEO of Overstock following rough year in sales. Noted crypto advocate Patrick Byrne resigns as CEO of Overstock. Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrn will be stepping down as CEO of Overstock. Having led crypto-friendly ecommerce at the company, including […]
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Ravencoin is the newest token supported by tZero Crypto’s cryptocurrency wallet and trading apps. Blockchain company tZero added Ravencoin (RVN) to the list of cryptocurrencies supported by its tZero Crypto cryptocurrency wallet and trading app. Ravencoin now supported on the tZero app TZero announced in a press release published on Aug. 20 that Ravencoin will […]
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Two U.S. states introduce regulation over crypto space. States regulate crypto differently, a question arises: What are the most friendly ones? On Aug. 14, at least two American states introduced regulatory actions targeting the crypto space. First, Maryland’s attorney general announced that the state is participating in Operation Cryptosweep, a joint initiative of state and […]
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Nexo paid out $2,409,574.87 to token holders and reported an annualized dividend yield of 12.73%. Crypto lending firm Nexo has paid its token holders a total of $2,409,574.87 in dividends. Nexo reportedly has reached an annualized dividend yield of 12.73%. Nexo announced the completion of its dividend payments in a press release on Aug. 16. […]
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TZERO has opened up public security token trading on schedule and says they might pay out dividends in Bitcoin or Ether. Retail giant Overstock’s blockchain subsidiary company, tZERO, has opened up its preferred equity security tokens — dubbed TZROP — for trading by accredited and non-accredited investors. TZERO announced the news in a press release […]
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Most of corporate America is silent about blockchain, but there is evidence from companies’ SEC-required 10-K reports that shows some companies’ attitudes. How seriously are American corporations committed to blockchain technologies? Are blockchain technologies materially significant yet? One place to find the answers to these questions is Form 10-K, a report the United States Securities […]
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