blockchain

Overstock shares soar after investment in its blockchain unit tZero

Overstock shares soar after investment in its blockchain unit tZero

Overstock.com, Inc. (NASDAQ: OSTK) shares jumped as much as 21% in after-hours trading on Thursday after the e-commerce retailer announced that Hong Kong private-equity firm GSR Capital will invest up to USD 270 Million into Overstock's blockcha..

Google Partners with Digital Asset to Build Blockchain Apps

Google Partners with Digital Asset to Build Blockchain Apps

Alphabet Inc. (NASDAQ: GOOG)'s Google and financial technology startup, Digital Asset, announced on Monday a partnership to bring blockchain to Google Cloud. Google is currently increasing its use of blockchain technology to compete with Amazon...

Ant Financial Hong Kong venture releases Blockchain service, Jack Ma raises concern

Ant Financial Hong Kong venture releases Blockchain service, Jack Ma raises concern

AlipayHK, a Hong Kong-based joint venture owned by China financial technology firm Ant Financial (ANTFIN.UL) and conglomerate CK Hutchinison Holdings, launched a cash remittance service powered by blockchain, between Hong Kong and the Philippines.Ho..

Cryptocurrency Exchange UpBit Raided by Korean Officials

Cryptocurrency Exchange UpBit Raided by Korean Officials

South Korean officials raided the country’s largest cryptocurrency exchange, Upbit, on Thursday and Friday night on suspicion of fraud, reported Reuters, citing Yonhap News.Yonhap did not provide any further details. Neither Upbit nor the fina..

Second Major Cryptocurrency Ripple May have Made a Premature Leap

Second Major Cryptocurrency Ripple May have Made a Premature Leap

The digital currency wave seems to have pushed ahead of its cryptocurrency opponents, primarily because it is associated with key institutions, and hence has a stamp of practicality and legitimacy.But cryptocurrency enthusiasts claim that centraliza..

Chanticleer Holdings to Use Blockchain for Customer Rewards Program

Chanticleer Holdings to Use Blockchain for Customer Rewards Program

On Tuesday, Chanticleer Holdings Inc. (NASDAQ: BURG), an owner of burger restaurants, announced that it planned to use MobivityMind, which is a blockchain-architected platform, for customer loyalty and rewards program. Shares of the company rose aro..

Bitcoin Drops Over 20% After All Time High

Bitcoin Drops Over 20% After All Time High

Bitcoin prices tanked and plummeted nearly 20 percent after hitting an all time high on Wednesday of $11,273.89. Prices slid back down to almost $9,000 on Thursday. The cryptocurrency slightly recovered, going back up to $9,500 midday on Thursday.De..