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Former Overstock CEO Sells His Entire 13% Stake in the Firm for $90M

News Former Overstock CEO Patrick Byrne has sold his 13% stake in the firm for $90 million to move to gold and crypto trading. Byrne sells his entire Overstock stake in 3 daysByrne, who resigned from Overstock on Aug. 22, cashed out nearly 4.8 million Overstock (OSTK) shares, which accounts for mo..

Israeli Startup That Allows Offline Crypto Transactions Secures $4M

News Israeli cybersecurity startup GK8 has reportedly developed the world’s first offline system for transacting cryptocurrencies. The new system uses GK8’s proprietary cryptographic techniques that enable instant blockchain transactions of digital assets without any need for an internet connectio..

Crypto Not Competitive With Gold: Barrick Gold Exec

News Catherine Raw, the North America COO of the largest gold mining firm in the world, Barrick Gold, said that she does not think cryptocurrencies are competitive with gold, Fortune reported on Sept. 18. Raw made her remarks yesterday at Fortune’s Most Powerful Women International Summit, where s..

Binance Makes First Chinese Investment Since Leaving Country in 2017

News Crypto exchange giant Binance has made its first strategic Chinese investment after leaving China amid the local crypto trading ban back in 2017. Founded in China in 2017, Binance has participated in a $200 million funding round of Beijing-based Mars Finance, a local crypto and blockchain pub..

AssetBlock Tokenizes $60M of Real Estate on Algorand’s Blockchain

News Blockchain real estate investment firm AssetBlock launches its commercial real estate investment platform on Algorand’s (ALGO) blockchain. According to an AssetBlock press release published on Sept. 17, the firm partnered with luxury hotel asset manager Lodging Capital Partners (LCP) to token..

Bitcoin Addresses Worth $100,000 or More Hits All-Time-High

News The number of Bitcoin (BTC) wallet addresses holding a minimum of 10 BTC — worth over $100,000 to press time — has hit an all-time high, multiple data sources reveal. According to BitInfoCharts’ Bitcoin Rich List, as of Sept. 17, there are 157,210 addresses holding between 10 and 1,000,000 BT..

20% of Affluent UK Millennials Have Invested in Bitcoin: New Survey

News London-based law firm Michelmores LLP has surveyed affluent millennials in the United Kingdom and discovered that 20% have invested in Bitcoin (BTC) and other cryptocurrencies. The survey, reported by FXStreet on Sept. 17, revealed that among those born between 1981 and 1996 with investable ..

Liechtenstein Approves DLT Public Offering with Porsche-Backed Firm

News German crypto investment startup Neufund launches its blockchain-enabled public offering platform featuring a Porsche-backed firm as the first issuer. 10 euro minimum investment Within the first offering on Sept. 16, Neufund’s platform will be used by mobility firm Greyp, company backed by sp..

Hodium: A Next-Gen Crypto Asset Investment Firm

The crypto world is growing quickly and Hodium is working to be a part of next-gen crypto investing. The company is registered in the UK and allows its clients to make a return on their crypto holdings every day. In addition to being savvy crypto investors, the team at Hodium is dedicated to the ad..

Major BTC ATM Network Garners $1.5 Million From Xpring and New VC Fund

News Ripple’s Xpring and Blockchain Finance Fund have invested $1.5 million in Seattle-based crypto ATM startup Coinme. Coinme secures $1.5 million in fundingOn Sept. 12, Coinme, a global leader in cryptocurrency ATMs, announced that it had secured $1.5 million in funding from Ripple’s Xpring and ..

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