Overstock Turns Medici Ventures Into a Fund to Reap Value of Blockchain Assets
“We remain bullish on blockchain technology but are changing the way we interact with these asset," said CEO Jonathan Johnson. Source
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Overstock
US Judge U-Turns on Ruling in Overstock Digital Dividend Lawsuit
The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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Overstock expanding blockchain arm tZero in Ireland
United States’ retail giant Overstock is reportedly expanding its blockchain wing tZero with new hires in Ireland.The Utah-based e-commerce company is seeking to hire software and devops engineers to work on its blockchain and security token subsidiary tZero, local tech news agency Silicon Republic reported on Nov. 10.As reported, the new
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Overstock Touts Voatz Blockchain Voting App as Solution to US Election Fracas
Days before a U.S. presidential election marred by court fights over vote counting and partisan allegations of rampant mail-in ballot fraud, Overstock.com is once again touting what it calls a solution: blockchain voting.“If [voting] doesn’t work as well as it should, next week think about how Voatz could have solved
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Overstock Short Sellers Fall Short as Judge Gives Digital Dividend Claims Short Shrift
The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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Immunity Passports May Be Blockchain’s Killer-App, Says Overstock CEO
Overstock CEO Jonathan Johnson has claimed that private, consumer-controlled immunity passports may be the killer-app that propels blockchain technology into the mainstream.In an interview with PYMNTS, he said that the company’s investment arm has turned to two startups creating blockchain-based apps allowing consumers to download and control their health records.Making
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Overstock Wants Lawsuit Nixed Ahead of Security Token Distribution
Online retailer and early Bitcoin adopter Overstock has filed for the dismissal of a lawsuit that accuses the company of misrepresenting the nature of its ‘digital dividend’ token.The dividend is a security token airdrop that will see ‘OSTKO’ tokens distributed to company shareholders on a basis of one token to
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Overstock Plots Global Expansion for Blockchain-Based Agritech Platform
Overstock’s blockchain accelerator, Medici Ventures, announced a global expansion of the distributed ledger technology (DLT)-powered agritech platform GrainChain.Medici Ventures published a press release on March 27 announcing that GrainChain’s expansion will be executed in collaboration with fintech company Symbiont — with GrainChain set to transition from HyperLedger Fabric to
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Overstock Sued by Shareholder Over Former-CEO’s $90 Million Exit
Online retailer Overstock is facing a lawsuit from shareholder John Murphy over former CEO Patrick Byrne’s abrupt departure from the company and off-loading of $90 million worth of shares.According to Law360 on March 11, Murphy is seeking records under Section 220 of Delaware General Corporation Law to examine potential
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Overstock CEO: Crypto Investments Are Ready for Prime Time
Overstock CEO and Medici Ventures President Jonathan Johnson has been betting on crypto companies for most of the last decade. Now he believes these investments are finally ready to enter the real world.In an interview at the Digital Money Forum during CES 2020, Johnson talked about Medici's portfolio of companies
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