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Overstock News

Overstock.com is an online retailer that sells a wide range of goods. At its origins, it was a platform for selling the surplus of electronic goods or those which had been returned, but it then started to offer new products, which have attracted more of the public. The platform was founded in 1999 by Patrick Byrne, who is the current CEO of the company. The company is headquartered in the USA. In 2014, it became the first major retailer to start accepting Bitcoin as a form of payment. By 2017, the company had launched the Medici Ventures department, specializing on blockchain and its technologies, while also entering into a partnership with an exchange platform so that they can allow their customers purchase items with over 40 other kinds of virtual currencies. Overstock donates 4% of its Bitcoin revenue to various foundations involved in advocating for the use of cryptocurrency.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Overstock’s CFO leaves his position to join the company’s indirect subsidiary DeSoto following Overstock’s decision to cancel secondary share offering.

Overstock CFO To Leave For Same Job At Firm’s Blockchain Subsidiary DeSoto

2018-04-07T15:43:00+01:00

33074

Soros Fund Management will reportedly start trading cryptocurrencies, even though its chair George Soros said crypto is a ‘bubble’ earlier this year.

Soros Fund Management Plans To Launch Cryptocurrency Trading, Report Says

2018-04-07T00:15:00+01:00

37188

Overstock.com has pulled the secondary share offering announced last week, citing “market volatility.”

Bitcoin-Friendly Overstock.Com Abandons Secondary Stock Offering Amid Falling Share Prices

Molly Jane Zuckerman

2018-04-03T13:27:00+01:00

21535

BCH and BTC are misleadingly lumped together under the “Bitcoin” payment option on the websites of the EFF, Microsoft, and Tor.

Electronic Frontier Foundation Adds BCH Payment Option, Lists Under ‘Bitcoin’

Molly Jane Zuckerman

2018-03-14T23:07:00+00:00

26844

Overstock have a knack of backing a good horse, but will their decision to invest in Ravencoin pay off.

What Does Overstock See in the Digital Bank of Westeros, Ravencoin?

2018-03-06T18:25:00+00:00

31451

The $100 mln crypto hedge fund started by TechCrunch founder Michael Arrington is one of the 80 targets of the US SEC’s recently uncovered crypto probe.

US: TechCrunch Founder’s Crypto Fund Becomes Yet Another Target Of SEC Crypto Probe

Molly Jane Zuckerman

2018-03-03T15:46:00+00:00

32963

Overstock has experienced a 10% share price drop after its subsidiary, tZERO, announced that they are a target of the SEC crypto probe.

Overstock Sees Share Price Drop After Subsidiary Becomes Target Of SEC Probe

Molly Jane Zuckerman

2018-03-02T14:22:00+00:00

23994

CEO of Overstock Patrick Byrne said that he is “not really interested in cryptocurrencies”, with the exception of a virtually unknown new project, Ravencoin.

Overstock CEO Puts ‘Millions Of Dollars’ Into Unknown Coin, Compares To Bitcoin

Molly Jane Zuckerman

2018-02-24T19:38:00+00:00

96996