Confirming a long-rumored move, gaming and digital media platform Steam is now accepting bitcoin payments through processing service BitPay. The announcement today confirms earlier reports that Valve, the company that operates Steam, had sought to add the digital currency as a payment option. Steam was...
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August 7, 2016 admin
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Overstock CEO Patrick Byrne announced today that he will take a medical leave of absence from the online retail giant. Revealed in a letter to shareholders, the move comes as the online retailer moves ahead with plans to launch a blockchain-powered securities exchange, dubbed tØ....
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August 7, 2016 admin
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The online marketplace that lets its customers buy items from Amazon with bitcoin today started looking an awful lot like Etsy, the website that puts a wide range of vendors directly in touch with buyers. Backed by some of the biggest names in bitcoin, Purse’s...
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August 7, 2016 admin
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Back in April 2014, DarkMarket, a decentralized anonymous marketplace with a name guaranteed to fuel the nightmares of conservatives everywhere, was forked and given a more widely acceptable title. The resulting, friendlier-sounding, OpenBazaar, was a fully functional, free to use, peer-to-peer (P2P) market platform with...
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August 7, 2016 admin
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Online retail giant Overstock announced it will issue public shares of company stock on its tØ blockchain platform at the 41st Annual International Futures Industry Conference today. First unveiled in August 2015, the tØ blockchain platform ambitiously aims to revolutionize trade and settlement by issuing...
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August 7, 2016 admin
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Dallas-based precious metals dealer JM Bullion is now accepting bitcoin. With the announcement, JM Bullion joins a growing list of US-based precious metals dealers that accept bitcoin for payments, including Agora Commodities and Amagi Metals. JM Bullion will accept bitcoin through a partnership with merchant processing...
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August 7, 2016 admin
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Online retailer Overstock.com spent $8m last year on its blockchain-backed securities trading initiative. In a statement to investors, CEO Patrick Byrne wrote that the firm spent $6m more than originally anticipated on its blockchain research. The firm said in November that it spent $3.2m during the...
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August 7, 2016 admin
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Overstock spent $3.2m on its blockchain securities initiative over the past three months, according to the online retail firm’s latest quarterly results. The report, published yesterday, shows that the firm may spend as much as $8m developing Medici, its subsidiary created for its exploration into the...
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August 7, 2016 admin
Merchants
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