Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

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

Soros Fund Management is now Overstock’s third biggest shareholder after a portfolio swap in favor of the pro-Bitcoin retailer in Q4 2017.

Soros Fund Becomes Number 3 Shareholder of Overstock, CEO Known For Pro-Bitcoin Stance

2018-02-15T14:00:00+00:00

41923

Firms like Square Payment and Overstock are feeling the backlash of backing a volatile asset.

Bitcoin Backing Firms Feel Crypto Crash Pinch

2018-01-18T16:51:00+00:00

50631

For three weeks Overstock customers were able to make huge Bitcoin (BTC) profits due to a mixup on the site between BTC and BCH via Coinbase payment integration...

BTC, BCH Mix-Up on Overstock Gave Customers Huge Potential Profits

2018-01-10T13:25:00+00:00

45430

Patrick Byrne, Overstock CEO, may end up selling his e-commerce firm to fund a new Blockchain land registry venture.

Overstock CEO Considers Selling Company to Fund Blockchain Venture

Joshua Althauser

2017-12-15T23:28:00+00:00

28270

A survey on CFOs on CNBC's Global CFO Council show a majority are still in bubble territory.

30 Percent of CFOs Still Call Bitcoin a Bubble: CNBC Survey

2017-11-21T11:15:00+00:00

8339

Overstock’s stock surged even as the company announced Q3 losses due to excitement over its Blockchain investments.

Should Overstock Transform Itself Into Blockchain Company?

2017-11-13T02:33:00+00:00

49241

Amazon’s Bitcoin decision could come as early as Thursday, an increasing number of rumors from Silicon Valley are purporting.

More Rumors Amazon Could Accept Bitcoin as All Eyes on Conference Call

2017-10-25T13:45:00+01:00

106386

According to study, financial services companies and major banks were the first corporate adopters of Blockchain technology.

Research Shows Goldman Sachs and Citi Among Most Active Corporate Investors in Blockchain

2017-10-21T05:23:00+01:00

23921