Overstock-backed Bankorus has ‘run out of cash’
The blockchain banking startup has run out money, even after raising $10M from investors. All its employees have left.
Latest Overstock News
Overstock, ex-CEO accused of securities fraud in fresh complaint
Patrick Byrne, the former CEO of Overstock, is facing a class-action lawsuit that accuses him, as well as former CFO Greg Iverson, of securities fraud.
Overstock seeks blockchain stock registration with SEC
Overstock has filed for a stock registration with the U.S. Securities and Exchange Commission in connection with its blockchain-powered digital preferred stock.
Former Overstock CEO Patrick Byrne sells company shares to buy crypto
The company’s former CEO has offloaded his 13.6% stake in the company, the entire amount he had held, and is now going to go on a shopping spree.
Overstock eyes crypto dividend restructure after CEO exit
Online retailer Overstock has reportedly decided to restructure its planned cryptocurrency dividend plans, attributing the restructure to market feedback as well as to provide greater liquidity.
Absolutely, yes: Overstock to retain focus on crypto after CEO exit
Overstock wants to be clear that they will still be a leader in crypto despite Patrick Byrne’s departure.
Overstock CEO steps down; fate of tZero unknown
Patrick Byrne has resigned from the company over alleged ties to Russian operatives and an investigation into the 2016 presidential election.
Overstock’s tZero loses $400M investor amid revenue, profit slide
GSR Capital, which was set to buy $30 million in tZero tokens, will now exit the deal with just $5 million in tZero equity.
tZero to launch crypto trading app
tZero is preparing to launch its own crypto wallet, which will be available for both Android and iOS mobile devices, according to reports.
Medici Ventures buys stake in Bankorus, blockchain banking platform
Medici Ventures, a blockchain subsidiary of Overstock.com has purchased a 5.1 percent stake in Bankorus, blockchain banking platform focused on custody, lending, and exchange of assets on the blockchain.
Overstock CEO: Blockchain can make government superefficient
It is a common joke in virtually all countries that the ruling governments are inefficient and, in many cases, wasteful with their resources.
Overstock first to pay taxes in crypto
Retail giant Overstock.com, Inc. announced that it will be using cryptocurrency to pay business taxes owed in Ohio.