Overstock To Sell Its Retail Business And Focus On Crypto, Shares Surge 26%

After two decades of selling furniture, décor and anything in between, Overstock is finally selling off its retail business. And it’s doing this so that it can focus on cryptocurrencies and blockchain technology, the CEO revealed today. At a time when cryptos have experienced a bloodbath, Overstock’s decision to go all in will give many … Read more

Wyoming’s Crypto Cowboys: First State Hackathon Lures 27 Teams

Over nearly three days on the University of Wyoming campus in Laramie, more than two dozen hacker teams competed for cash and prizes in the state’s first ever Wyohackathon: Breakin’ Through. Organized by the Wyoming Blockchain Coalition, the event included speakers from industry luminaries, and all three of the state’s gubernatorial candidates made an appearance. … Read more

4 Places to Pay with Crypto

Have crypto to spend? Many big-name retailers are starting to integrate crypto payment processing options. In fact, Starbucks stole the headlines this summer when the coffee giant confusingly announced that it was looking into Bitcoin systems. However, it hasn’t been all glitters and gold with retailers accepting cryptocurrency as payment – earlier this year Expedia … Read more

Overstock.com’s t0 to Launch Regulated Security Token Exchange

Overstock.com’s Tzero is planning to launch a regulated exchange for security tokens in collaboration with Box Digital Markets. The companies will seek the approval of the U.S. Securities and Exchange Commission for the new exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Security Token Exchange Overstock.com’s fintech subsidiary t0.com Inc (Tzero) and Box … Read more

Overstock Glitch Gave Customers ‘Discounts’ With Bitcoin Cash

This week security experts found a website glitch on the e-commerce marketplace Overstock that let customers purchase items for a fraction of the price. The reason users were getting such huge discounts is because the system was accidentally allowing bitcoin cash (BCH) purchases in place of items priced in bitcoin core (BTC). Also read: No, Mainstream … Read more