Utah-based Overstock, a large online retailer for brand names at clearance prices, revealed that its security token platform tZERO has teamed up with the Tezos Foundation in order to launch an initiative that aims to tokenize £500 million (appr. $643 million) in various real estate projects. tZERO CEO Saum Noursalehi remarked: “We believe that asset...Read More
Overstock is still in the dark about the investigation US regulators launched into tZERO back in 2018, says the company’s new interim CEO. Johnson: No SEC Info Since 2018 Speaking to FOX Business in an interview reported on September 3, Jonathan Johnson said he was still waiting for information from the Securities and Exchange Commission...Read More
Jonathan Johnson, the interim CEO of Overstock in a recent interview with Fox Business Network addressed the speculation that SEC’s investigation being the reason behind the controversial exit of former CEO Patrick Byrne. Johnson claimed that the two-year investigation by the SEC into Overstock’s blockchain business is “almost dormant.” Johnson claimed that SEC has not...Read More
Last week’s departure of Overstock CEO, Patrick Byrne, is unlikely to alter the online discount store’s ambitions towards crypto and blockchain. The libertarian made Overstock one of the first retailers ever to accept bitcoin way back in 2014, making it a pioneer in the industry. No Change of Tack by New CEO Overstock’s new interim...Read More
Overstock was one of the first major companies that expressed extreme interest in utilizing and adopting crypto – an interest that stemmed primarily from its previous CEO’s openness to the technology.Now that the company’s previous CEO – Patrick Byrne – has resigned due to controversy surrounding comments he made about his involvement in a multitude...Read More
Overstock will continue its crypto and blockchain-centric focus despite Patrick Byrne’s exit. | Source: YouTube By CCN Markets: Online retail giant Overstock remains committed to its crypto and blockchain ventures despite the shocking resignation of CEO Patrick Byrne, a longtime bitcoin bull. Overstock’s interim CEO Jonathan Johnson told Yahoo Finance the company will “absolutely” continue...Read More
In recent news, Patrick Byrne, the long-time CEO of Overstock has announced in a letter to shareholders, that he is stepping down from his position. His position will be temporarily replaced by Jonathan Johnson. Recently in a letter to all the shareholders, Overstock‘s CEO Patrick Byrne announced that he is resigning from his position at...Read More
Photo: INX / Twitter INX Limited is a cryptocurrency exchange startup which plans to do an IPO as their token sale. The main difference is that this time the whole party wants to be properly regulated. While it is known that the 2017 ICO craze was completely unregulated and everybody could get away with it,...Read More
Overstock.com, the retail giant firm, has just announced that it will be paying dividends to its shareholders in digital shares powered by an affiliate company, tZero. The CEO has expressed commitment to a blockchain capital market. Overstock, the American retail firm, has announced on Tuesday the 30th that it will be paying stock dividends to...Read More
