Overstock.com’s founder Patrick Byrne ended his connection with the online retailer he built into a giant in much the same way as he ended his tenure as its CEO a month ago: bizarrely.
Paxos Trust, the company behind stablecoin Paxos Standard, announced plans to launch two new asset-backed coins.
For the past several days, Bitcoin/self-promoters have been touting the cryptocurrency as a safe haven from uncertainty in the markets. In other words, they are letting fantasy get in the way of reality.
On Wednesday, Abra said its app will use the Bitcoin blockchain and smart contracts technologies to support fractional investments in stocks and exchange-traded funds (ETFs). Abra already offers the ability to “invest” in 50 fiat currencies and over 30 cryptocurrencies. This app is also very bad and we really love talking about it.