Tag: overstock

SEC Approves Overstock Plan to Issue Stock Via Blockchain. newsbtc bitcoin news

T0.Com Creator Overstock’s Shares Increases Inspite of Losses No Comments

Overstock, the leading online retailer known for its foray into the digital currency technology sector with T0.com saw its shares go up by  over 19%. The good news follows the company's Q3 earning report, which has been disappointing at best. The earnings report, published on Thursday shows that the company has lost over $3.1 million in the last three months. According to reports, Overstock's ...


SEC Approves Overstock Plan to Issue Stock Via Blockchain. newsbtc bitcoin news

Overstock to Start Trading Equity on Its T0 Blockchain Platform No Comments

Overstock, one of the leading e-commerce platforms has announced the plan to start trading its own stocks on its proprietary blockchain platform. T0, as the platform is called, has been in development since over an year, and is expected to feature improved equity trading settlement services. The announcement to start using T0 was made by the company's communications director, Judd Bagley at ...


Microsoft Has Done Wonders for Factom Cryptocurrency. newsbtc

Microsoft Has Done Wonders for Factom’s Cryptocurrency No Comments

Much of the time, cryptocurrency needs the help of others to get its name out. In recent months, bitcoin experienced a heavy spike in price thanks to renewed interest in China. As a result, the price of everyone’s favorite digital currency rose and now stands near the $450 mark. Not a bad place considering it was less than $200 back in August. It’s quite amazing what a little international ...


SEC Approves Overstock Plan to Issue Stock Via Blockchain. newsbtc bitcoin news

SEC Approves Overstock’s Plan to Issue Stock Via Blockchain No Comments

According to a report from Wired, the Securities and Exchange Commission (SEC) has approved the online retail giant Overstock’s plan to issue securities via the Bitcoin blockchain. This is the first-of-its-kind approval from the regulatory authority that might completely alter the way how public securities are issued and traded in the future. Overstock had earlier issued private securities using...


Symbiont- Blockchain Technology and the Future of Wall Street.

Symbiont: Blockchain Technology and the Future of Wall Street No Comments

Blockchain technology has garnered a lot of attention in the financial world, as the decentralized public ledger could transform the way the industry keeps records or handles transactions. Several banks all over the world are trying to explore the applications of blockchain technology in their internal operations while some forward-looking companies such as Overstock have experimented with the bit...


Overstock Announces First-ever Corporate Bond on Bitcoin Blockchain No Comments

Online shopping retailer overstock.com recently announced the issue of a $25 million corporate bond on the Bitcoin’s underlying technology, the blockchain. As indicated in its press release, the Nasdaq company plans to attract hedge funds, private equity groups and other potential investors towards purchasing the “first-ever” blockchain bond, roughly titled as cryptosecurity. With the la...


Overstock Buys 25 Percent Stake in Trading Firm to Offer Bitcoin-like Stock No Comments

Online retail marketplace Overstock.com has purchased a 25 percent stake in PRO Securities, following its earlier announcement to offer a stock that works on the Bitcoin technology. In April, the Patrick Byrne-led online retail giant had filed a prospectus with the Securities and Exchange Commission indicating that a stock offering may be in the offing using the technology behind the digital cu...


Overstock Invests $5 Million in Peernova

Overstock Invests $5 Million in Peernova’s Bitcoin Projects No Comments

San Jose-based distributed financial technologies expert Peernova has received $5 million in funding from American online retail giant Overstock.com. This is the first investment by the online giant in a Bitcoin firm reinforcing the confidence in the decentralized blockchain technologies that Peernova is working on. General Manager of Overstock’s Cryptocurrencies Group Judd Bagley has given Pee...


past present future of bitcoins

The Wall Street Journal Asks, "Does Bitcoin Have a Future?" No Comments

The Wall Street Journal is no stranger to bitcoin.  It has reported on the digital currency before, but now the publication is asking, “Do cryptocurrencies such as bitcoin have a future?” What’s particularly interesting about the article is that it presents both sides.  It presents evidence to suggest that bitcoin does indeed have a future in the financial spectrum, and it presents eviden...


Bitcoin Mainstream Media in 2015 the brook newsbtc art

Bitcoin and Mainstream Media in 2015 No Comments

Bitcoin and the media have not always been on the best of terms.  For one thing, mainstream media of the digital currency has not always been plentiful, and when the media does make time for bitcoin, it can sometimes be distorted or off the mark, or just plain short. Furthermore, the idea that bitcoin is completely anonymous and untraceable and therefore continually used in crime syndicates is a...


SUBSCRIBE TO OUR NEWSLETTER