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Radioshack, the electronics-associated brand, has announced it will now pivot to a cryptocurrency-centric model. The company informed that its focus will be to “bridge the gap” to bring cryptocurrency into mainstream use. This is the latest iteration in the story of the brand, which was known for offering electronic products at a retail level in […]Powered by WPeMatico
If Bitcoin sees similar FOMO rallies like KODK in recent days, BTC price could quickly soar to six figures, as some analysts have previously predicted.
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The Kodak-branded bitcoin mining rigs unveiled at the CES technology trade show this year will no longer be available to mine for customers. Amid scam accusations, the company behind the Kodak Kashminer crypto mining scheme has reportedly confirmed the plan has collapsed, citing intervention by the U.S. Securities and Exchange Commission. Also read: Yahoo! Japan Confirms […]
The post Kodak-Branded Bitcoin Mining Scheme Collapses appeared first on Bitcoin News.
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The Eastman Kodak Co. will conduct a token sale for its long-awaited KODAKCoin beginning May 21. The sale will target accredited investors and aims to raise $50 million for the development of a blockchain platform. The New York-based company has already held a presale in which it raised $10 million from investors. The KODAKCoin will be the native digital asset for KODAKOne, a blockchain platform that aims to empower photographers by giving them greater control over image rights management. KODAKOne was developed by Wenn Digital, a Venice, California-based company in which Kodak has a minority ownership. Complying With Regulations Kodak’s ICO, which had beenPowered by WPeMatico
It’s a force to be reckoned with, and it’s taking the technology space by storm. Blockchain is here to stay, and you’re either on board or you’re already letting the competition jump ahead. Companies like Ask.fm, Salesforce, Starbucks, and Kodak are turning their tech teams towards blockchain, acknowledging the potential impact of the technology across various industries. Appealing To A ‘Tech-Savvy’ Demographic By creating a self-sustaining ecosystem through the utilization of smart contracts, tokens, and other incentives, these brands are able to capitalize on a new market that appeals to a different demographic—those who are extremely tech-savvy and much younger. By providingPowered by WPeMatico
For generation X-ers, old enough to remember a time when photographs were analogue and games consoles were 16-bit, brands such as Kodak and Atari evoke fuzzy nostalgia. Nothing perfect lasts forever though, and those companies which once dominated their respective spheres have not aged well. Many assumed these 80s stalwarts had already given up the […]
The post Atari Joins Growing List of Old Brands Trying To Revitalize Through Cryptocurrency appeared first on Bitcoin News.
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When New Yorks Post’s editor Kevin Dugan visited the website of Kodak dedicated to the company’s prominent ICO he was surprised. He found that the site contained “fake pictures”, a “dummy text” and wasn’t finished. Sorry to disturb all Kodak’s fans, but this seems to be not the last pitfall in company’s attempts to survive by joining the crypto hype. Disclosure: This is a Sponsored Article Digital photo? What is it? White paper? What is it? As Dugan reported in his article on the ICO, he contacted Kodak’s managers to obtain a comment regarding the topic, and the unfinished websitePowered by WPeMatico
There may a storm brewing for shady companies intent on jumping on the blockchain bandwagon. Startups with no working product seeking to raise millions, or traditional companies rebranding themselves as blockchain connoisseurs are liable to attract the ire of the U.S. Securities and Exchange Commission. In a speech delivered in Washington on Monday, SEC chairman […]
The post SEC Chairman Signals a Storm Coming for Fly-by-Night Blockchain ICOs appeared first on Bitcoin News.
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