His decision to take a leave of absence from Overstock—a cut-rate online retailer based in Salt Lake City, Utah—will be felt most among the worldwide community working to advance bitcoin and the b... Read More
Josh Galper, who runs a financial consulting firm, Finadium, that closely tracks stock loans, applauds the TØ system but questions how big its audience will be. The existing players, including the pr... Read More
Galper calls the system interesting, though he questions whether the existing players will end up using it. “As with any closed system, the greatest beneficiaries of that system are the biggest part... Read More
James Angel, a professor of finance at the Georgetown University, sees some promise in this basic idea. But he questions whether Overstock can convince others to adopt it. “Getting lots of stodgy fi... Read More
From TechDirt: The decision by Patrick Byrne, CEO of Overstock.com, to accept Bitcoin in exchange for its products has turned out to be a very savvy business decision for the online retailer.... Read More
Bakkt CEO: Crypto Trading Platform Won't Support Margin Trading
Two weeks after the Intercontinental Exchange (ICE) introduced Bakkt, a new digital assets platform, the latter's CEO has set out to explain what the service will offer consumers.
Bakkt chief execu
Blockchain Firm to Raise $24 Billion for Electric Bus Upgrades in China
Blockchain and AI technology company Seven Stars Cloud Group has scored a major deal to help raise $24 billion to fund large-scale electric bus upgrades for China's biggest full-service operator.
SEC Faces Thursday Deadline for ProShares Bitcoin ETF Decision
Less than a month after delaying a decision on a bitcoin-based exchange-traded fund (ETF), the U.S. Securities and Exchange Commission (SEC) is poised to approve or disapprove another pair of proposed
Blockchain Enters 'Trough of Disillusionment' on Gartner's Hype Scale
Interest in blockchain technology is waning, research firm Gartner said in its latest "Hype Cycle for Emerging Technologies" report.
Gartner included blockchain, along with four other emerging tech