Eastman Kodak announced to the public it plans to mint its own cryptocurrency, the KodakCoin. Shares in the company soared 120% after the announcement. Kodak is a US firm who is teaming up with Wenn Media Group based in London to present the initial coin offering or ICO. This blockchain-based…
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Altcoin
Ethereum co-founder projects that if cryptocurrencies crash, the market will consolidate and recover
Former chief executive and co-founder of Ethereum, Charles Hoskinson claims that even after bitcoin alternatives that have no core fail, cryptocurrency markets will strengthen. Hoskinson, during a CNBC interview, said “My personal opinion is that we’re going to see a consolidation after a crash.” Hoskinson manages a blockchain research…
Ripple is Quickly Catching up to Bitcoin: The altcoin pushed past $3 and reached almost half of Bitcoins Market Cap
Ripple (XRP) is the second largest cryptocurrency by market capitalization. Recently Ripple crossed the $3 per coin mark. The altcoin was trading at an average of $3.12. Over the past twelve months, Ripple’ price has increased by almost 49,000 percent. Just last week, Ripple passed the $2 mark…
Top 10 Cryptocurrencies now includes TRON
TRON (TRX) grew 136 percent this last month and is now the 9th largest cryptocurrency by market capitalization. TRON has pushed Dash to 11th place. Growing well over 2,000 percent since mid-December, TRON has been on an upturn since mid-December. The first week of 2018 saw TRON enjoy almost…
Ripple's co-founder sits among the five richest poepole in America
Due to a surging digital currency, Chris Larsen the co-founder and executive chairman of Ripple is now one of the five richest people in America Forbes, citing sources at Ripple, claims Larsen enjoys 5.19 billion of Ripple’s digital coin, XRP and a 17% share in the company. XRP…
SEC's New Cyber Unit Seeks Out ICO Scams
Initial coin offerings are the current way to make money and get rich. A new part of the Securities and Exchange Commission (Cyber Unit) has been developed to investigate and prosecute ICOs. The first charges from the SEC targeted a scam that raised $15 million from thousands of investors with…