The Blockchain Frenzy Continues

By Michael Reilly | January 8, 2018

ChinaNet Online Holdings (CNET) saw gains as big as 917% last Thursday after announcing a partnership with blockchain developer Wuxi Jingtum Network Technology. From a closing price of $1.17 on Wednesday, CNET traded as high as $11.90 on Thursday (a 917% gain), then slid to $9.34 by the closing bell, a net 24-hour gain of…

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