Wall Street likes Kodak’s move into cryptocurrency

Shares of Eastman Kodak Co. nearly doubled yesterday when the Rochester, N.Y., company announced a cryptocurrency aimed at photographers, called KodakCoin. While some companies have added “blockchain” as a supposed gimmick to boost share price – like this Long Island Ice Tea brand – but the press coverage has been remarkably forgiving. Kodak is getting notice because digital rights management (DRM)... Read More