News by results: Overstock

Overstock Loses Another Big Investor in Crypto Token Exchange tZERO

After a long courtship, Overstock’s security token platform, tZERO, has lost another potential investor.

Retail Giant Overstock Reports Losses, Says Blockchain Business Strong

Retail giant Overstock has released its Q2 2019 financial results, revealing a 23% decrease in revenue and a 19% loss in gross profit.

Hong Kong Fund’s Projected $400 Million Overstock Investment Ends With $5 Million Close

GSR Capital has finally closed on its investment in tZERO, Overstock.com’s security token trading platform, after months of delays and revisions to the deal.

Overstock’s tZERO Token Market Misses Closing Date for $100 Million Raise

Overstock’s tZERO security token trading platform has once again failed to close on a capital injection by the targeted date.

Blockchain Is Bigger Than The Gutenberg Press And The Internet, Says Overstock CEO

Overstock CEO Patrick Byrne is a well-known crypto enthusiast, who has the long-term growth of the market in mind. In a recent interview with Bitcoin.com, he showered glowing praise on the capabilities of blockchain to remove trust from economic systems and distribute power to the masses.

Overstock’s Medici Acquires Stake in Blockchain Banking Startup

Medici Ventures, the blockchain investment arm of Overstock, has acquired a 5.1 percent equity stake in blockchain banking startup Bankorus.

Overstock Founder: Blockchain Can Make Government ‘Incapable of Being Bribed’

The founder and CEO of retail giant Overstock.com Patrick Byrne says that blockchain can make government “superefficient and incapable of being bribed,” in an interview with MarketWatch published on Feb. 12.

Overstock’s Medici Inks Deal for Local Land Registry in Mexico

Medici Land Governance, a subsidiary of Overstock’s venture arm Medici Ventures, has signed a memorandum of understanding with a local government in Mexico to create a digital land records system.

tZERO Security Tokens Begin Live Trading

tZERO, the global leader in blockchain innovation for capital markets, announced today that secondary trading of tZERO security tokens is now live. Accredited investors can now trade tZERO security tokens with other accredited investors through a digital securities brokerage account at Dinosaur Financial Group, LLC, which will act as the introducing broker-dealer. Dinosaur has partnered with PRO Securities, LLC, a tZERO subsidiary, which offers an alternative trading system to provide market access for secondary trading of the tZERO security tokens, during market hours initially.

Overstock’s Patrick Byrne Says tZERO Will Launch Next Week

Overstock.com’s long-awaited tZERO security token trading platform will go live by the end of next week, CEO Patrick Byrne said Friday.

Overstock Makes Key Executive Change at Blockchain Subsidiaries

Medici Ventures, the blockchain investment arm of Overstock, is reassigning a top executive to focus on revenue generation at its most prominent portfolio company, tZERO.

Overstock Will Pay Some of Its 2019 Taxes in Bitcoin

Digital retail giant Overstock.com plans to pay at least some of its taxes using bitcoin this year.

Medici Ventures opens up beta version of Bitsy Wallet

Medici Ventures, Overstock.com, Inc.’s blockchain accelerator, today announced that portfolio company Bitsy.com will allow public access to the beta version of its exchange and wallet service beginning Monday, November 12, 2018.

Overstock’s Medici Ventures Invests in Decentralized Social Network

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.

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

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.

Overstock To Sell Bitcoin Through Its Website In 2019 Through Bitsy Wallet

Crypto-friendly online retailer Overstock.com expects to formally begin selling bitcoin through its website in the first half of 2019, the company has revealed.

Bitt Inks Blockchain Deal With Another Caribbean Central Bank

Barbados-based blockchain startup Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten (CBCS) to look into issuing a central bank-backed digital currency for the two nations.

Overstock’s tZERO Closes Its Security Token Offering Tonight

tZERO, a blockchain subsidiary of e-commerce retail giant Overstock, announced today Aug. 6 that its Security Token Offering (STO) will comes to an end Monday night, with no further extensions.

Overstock's tZero Unveils Token Trading Platform Prototype

The blockchain subsidiary of e-commerce giant Overstock has revealed the prototype for its soon-to-be-launched token trading platform.

Overstock Cancels Secondary Stock Offering after Share Price Plummets

E-commerce retailer and blockchain investment firm Overstock has shelved plans to hold a secondary stock offering after the company’s share price plunged in response to the announcement.