#CryptoCorner #Podcast 755: #Stocks discussed: (NasdaqGS: $TSLA) (NYSE: $TRU) (NYSE: $NCR)
#CryptoCorner
#Podcast 755: #Stocks discussed: (NasdaqGS: $TSLA) (NYSE: $TRU) (NYSE: $NCR)
Tesla to Accept DOGE for
Merch, TransUnion Partnering with Spring Labs for Credit Data on Blockchain,
and NCR Acquires LibertyX
Point Roberts, WA, Delta BC January 14,
2022 - Investorideas.com, a leader in
crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary
on what’s driving cryptocurrency stocks and the crypto market.
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https://www.investorideas.com/Audio/Podcasts/2022/011422-CryptoMarket.mp3
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Stocks
discussed: (NasdaqGS:TSLA) (NYSE:TRU) (NYSE:NCR)
Elon Musk, the CEO of
Tesla (NasdaqGS:TSLA), announced yesterday in a tweet that Tesla was now accepting Dogecoin (DOGE) as a payment for the company’s
merchandise. According to the Tesla website,
“all Dogecoin purchases are final sale,” and “items purchased with Dogecoin
cannot be returned, exchanged or canceled.” The site also makes clear that
Dogecoin is the only cryptocurrency the company will be accepting as a payment,
and that in fact “non-Dogecoin digital assets sent to Tesla will not be
returned to the purchaser.” Following Musk’s announcement, Dogecoin creator
Billy Markus tweeted:
“alright
#dogecoin community, you know what to do”
[meme saying “SHUT UP AND
TAKE MY DOGE!]
Global information and
insights company TransUnion (NYSE:TRU) is partnering with blockchain firm Spring Labs to
make off-chain credit data available on public blockchain networks through the
latter’s ky0x Digital Passport. According to the press release, the ky0x
Digital Passport “allows users to provide information about themselves in order
to access permissioned smart contract applications while preserving the privacy
of their off-chain identity.” Steve Chaouki, President of U.S. Markets and
Consumer Interactive at TransUnion, commented:
“We
believe in the growth potential of DeFi. Providing credit and identity data
on-chain is a huge step towards improving the financial products available in
the space. Working with Spring’s ky0x, we now have a solution for users to
control and share their data on blockchain in a privacy-preserving way,
enabling them to safely interact with a broader set of financial products.”
Global enterprise
technology provider NCR Corporation (NYSE:NCR) has completed the acquisition of cryptocurrency
software provider LibertyX. Don Layden, EVP & President, Payments &
Network, NCR Corporation, explained:
"The
completion of this transaction enhances our ability to provide digital currency
solutions and capabilities that help run our customers’ businesses. We are
pleased to welcome LibertyX and its outstanding team to NCR."
Sam Mowers, Investorideas
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