KodakONE, who is the developer of a blockchain-based image platform licensed by photographic industry giant Kodak, has reportedly generated over $1 million in licensing claims for image rights during a limited beta test of its platform. Read more here!
Ethereum developers have already reached a tentative consensus to implement a new proof-of-work algorithm that would increase the efficiency of GPU-based mining on the network, as opposed to ASIC-based type of mining. Read more here!
Bitcoin automated teller machine (ATM) manufacturer Lamassu has moved to Switzerland due to regulatory difficulties in other countries, according to a blog post. Read more here!
Ethereum has beaten Ripple to reclaim its position as the biggest altcoin by market cap, according to data released on January 2. Read more here!
Most top cryptocurrencies are witnessing discreet to moderate losses, while a handful report gains. Bitcoin’s price hovers under $3,800 again, according to data. Read more here!
South Korean crypto exchange Bithumb has won a lawsuit in which an investor had sued the company for his loss of nearly $355,000 in an alleged hack. Read more here!
Japanese internet giant GMO Internet Group is ditching the bitcoin mining hardware sector, according to a report citing a public documents. Read more here!
Ethereum-based chat platform Status is laying off 25 percent of its staff because of the recent cryptocurrency market decline, according to a post that was published by the company. Read more here!
Jeremy Allaire, who is the co-founder of crypto finance company Circle, said in an interview on Friday that bitcoin will be worth “a great deal more” than it is at present. Read more!
Cryptocurrency trading Gemini founders Tyler and Cameron Winklevoss have launched a mobile crypto trading app together with a new investment vehicle, according to an official blog post that was published on December 11. Read more here!