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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.
News
Overstock’s venture capital arm Medici Ventures joins $31 million funding round for California-based software company in the financial industry.
Overstock’s VC Arm Joins $31M Funding Round For Silicon Valley Fintech
Joeri Cant
2019-10-22T21:44:00+01:00
3530
News
Boston Security Token Exchange, a platform jointly owned by BOX Digital Markets and tZERO, seeks the U.S. SEC’s approval to launch a market for security tokens.
TZero-Backed Startup Wants to Launch Security Token Market
Adrian Zmudzinski
2019-10-12T08:46:00+01:00
5019
News
E-commerce giant Overstock’s new blockchain R&D center opens in Ireland and is expected to make its 100th local hire before the end of 2019.
E-commerce Giant Overstock Opens Blockchain R&D Center in Ireland
Adrian Zmudzinski
2019-10-10T13:12:00+01:00
2740
News
In an open letter to other investors, Sonic Zhang says Bankorus’ co-founder has revealed that the firm is all but bankrupt.
Overstock-Funded Bankorus Has No Money Left, Says $1M Shareholder
William Suberg
2019-10-07T09:23:00+01:00
5039
News
An investor has filed a complaint in Utah court against Overstock.com, former CEO Patrick Byrne and former CFO Greg Iverson alleging violation of securities law...
Class Action Complaint Filed Against Patrick Byrne and Overstock.com
Kollen Post
2019-09-29T00:54:00+01:00
6767
Analysis
A look at the journey of Patrick Byrne and Overstock.com to be pioneers of the crypto/blockchain ecosystem.
Overstock’s Path From Dot-Com-Bubble Ruins to Blockchain Ecosystem
Sritanshu Sinha
2019-09-28T06:44:00+01:00
6765
News
Overstock’s Medici Ventures invests $2 million into Salt Lake City-based Evernym, a startup developing blockchain-based self-sovereign identity networks.
Overstock’s VC Arm Puts $2M Into Blockchain-Based ID Systems Startup
Ana Alexandre
2019-09-26T17:25:00+01:00
4173
News
The SEC received an S-3 stock registration filing for a blockchain-based digital preferred stock from online retail giant Overstock.
Overstock Files Blockchain-Based Stock Registration With SEC
Adrian Zmudzinski
2019-09-24T14:39:00+01:00
4458

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