Kodak shares leap 100% after it announces own cryptocurrencyJanuary 10, 2018 - 14:11 AMT PanARMENIAN.Net - Stock prices for Eastman Kodak Co were up more than 100 percent on Tuesday afternoon as the company became the latest to jump on the cryptocurrency bandwagon, The Daily Mail reports. The company, based in Rochester, New York, announced it was launching a cryptocurrency called 'KODAKCoin' for photographers. It is part of 'KODAKOne' - an image rights management platform launched in a licensing partnership with WENN Digital. The Kodak systems will allow photographers to register work that they can license and then receive payment. The initial coin offering will open January 31. Shares of Eastman Kodak Co closed at $6.80 on Tuesday. The stock has been slumping over the last year, shedding more than 70 percent of its value. Kodak was a Dow Jones Industrials component until April 2004 and has seen its stock slump 90 percent since emerging from bankruptcy in 2013. 'Engaging with a new platform, it is critical photographers know their work and their income is handled securely and with trust, which is exactly what we did with KodakCoin,' CEO Jeff Clarke said. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. |