Kodak

Kodak’s Blockchain Pivot Is A Sham, Investment Manager Says

2 weeks ago admin2 Comments Off on Kodak’s Blockchain Pivot Is A Sham, Investment Manager Says
One hedge fund manager isn’t buying Kodak’s blockchain pivot. In a research report released Wednesday, Kerrisdale Capital alleges Kodak’s blockchain effort isn’t genuine, going so far as to call it “a last-ditch stock promotion gambit for a company hurtling towards bankruptcy.” Kerrisdale holds a short position on Kodak’s stock, and is known for giving strong Read More

Crypto Craze: Towards A Bursting Bubble?

1 month ago admin2 Comments Off on Crypto Craze: Towards A Bursting Bubble?
Cryptocurrencies had an incredible year in 2017: Bitcoin jumped more than 1,300%, Ethereum rallied 8,600%, and the overall cryptocurrency market rose to nearly US$650 billion by the end of the year, an astronomical 3,720% increase compared with January’s “tiny” US$17 billion market capitalization. 2017 was the year that smaller, lesser known altcoins such Ripple, Stellar Read More

Kodak Stock Jumps 125% on ‘KodakCoin’ Cryptocurrency, ICO News

2 months ago admin2 Comments Off on Kodak Stock Jumps 125% on ‘KodakCoin’ Cryptocurrency, ICO News
Shares of Eastman Kodak Company jumped 125% following news that the former camera and film giant was venturing into the cryptocurrency and blockchain space. Kodak and strategic partner WENN Digital announced on Tuesday that they were developing a blockchain-based called KodakOne for image rights management and its cryptocurrency called KodakCoin. A token sale is scheduled Read More