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01 Apr, 2020
NBA Teams Begin Transition to Blockchain and Cryptocurrency
Earlier in March six NBA Team Owners formed the NBA Blockchain Advisory Subcommittee to begin exploring financial strategy around the use of blockchain technology and cryptocurrency. The committee is headlined by Dallas Mavericks Owner Mark Cuban an..
Facebook Reportedly Building Cryptocurrency for WhatsApp Money Transfers
Facebook Inc. (NASDAQ: FB) is reportedly working on making a cryptocurrency that will allow users to transfer money on its WhatsApp messaging platform, according to Bloomberg, citing sources familiar with the matter.The Company is developing a stabl..
Overstock Shares Surge on Bet to Go All In on Blockchain
Overstock.com, Inc. (NASDAQ: OSTK) shares surged on Friday after reports that it planned to sell its retail businesses within the next few months to go all in on blockchain, according to the Wall Street Journal.According to the Chief Executive Offic..
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
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...
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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..
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