Overstock Crypto Venture, Rwanada Government Partner for Blockchain Property Rights Platform

Medici Ventures is a wholly owned subsidiary of Overstock, one of the most cryptocurrency friendly businesses in the world, whose CEO has frequently promoted the use of bitcoin and other cryptos. Medici is specifically geared toward blockchain businesses, development, and technology, and on Thursday it signed a second Memorandum of Understanding with the Rwandan Government The post Overstock Crypto Venture, Rwanada Government Partner for Blockchain Property Rights Platform appeared first on CCN

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Bitcoin at 10: CNBC Video from 2013 Shows How Far Crypto Has Come

“You confiscate a few billion dollars out of private bank accounts, and you print a couple trillion dollars, and all of a sudden, you know what happens? People start to worry. So out of this worry, we have something called the bitcoin,” explains CNBC correspondent Jeff Cox in this video from March 2013, as bitcoin The post Bitcoin at 10: CNBC Video from 2013 Shows How Far Crypto Has Come appeared first on CCN

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$270 Million: Chinese Firm Backs Overstock Blockchain Subsidiary in Record Investment

GSR Capital, a Chinese private equity firm is set to establish what would become the largest ever single investment in a blockchain platform. The investment by GSR Capital will see it acquire about 3.1 million shares of US-based Overstock, amounting to about 10% in overall shares of the company. A Fragmented Procedure As contained in The post $270 Million: Chinese Firm Backs Overstock Blockchain Subsidiary in Record Investment appeared first on CCN

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