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Kodak Surges After Announcing Plans to Launch Cryptocurrency Called 'Kodakcoin'

Bloomberg business news
Eastman Kodak is joining in on the cryptocurrency craze. Bloomberg’s Cory Johnson reports.(Source: Bloomberg)
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Kodak’s latest moment has it joining the cryptocurrency frenzy.

Shares in Eastman Kodak Co. more than doubled after the former camera and film heavyweight said it would launch the Kodakcoin, “a photocentric cryptocurrency to empower photographers and agencies to take greater control in image rights management.”