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Crypto Corner Podcast 603: Stocks discussed: (NasdaqGS: NLOK) (NasdaqCM: EQOS) (NasdaqCM: ANY)

NortonLifeLock Announces Norton Crypto, Diginex Limited’s EQUOS Exchange Given “A+” Rating, and Sphere 3D Corp. to Merge with Gryphon Digital Mining

 

Point Roberts, WA and Delta, BC - June 3, 2021 (Investorideas.com Newswire) 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.

Listen to today's Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/060321-CryptoMarket.mp3

Crypto Corner Podcast 603: Stocks discussed: (NasdaqGS: NLOK) (NasdaqCM: EQOS) (NasdaqCM: ANY)

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Stocks discussed: (NasdaqGS:NLOK) (NasdaqCM:EQOS) (NasdaqCM:ANY)

NortonLifeLock Inc. (NasdaqGS:NLOK) has announced the launch of Norton Crypto, a new feature that allows the safe and easy mining of cryptocurrency, including Ethereum (ETH), through its Norton 360 platform. According to the press release, upon earning crypto through mining, "customers can track and transfer earnings into their Norton Crypto Wallet, which is stored in the cloud so it cannot be lost due to hard drive failure." Vincent Pilette, CEO of NortonLifeLock, explained:

"As the crypto economy continues to become a more important part of our customers' lives, we want to empower them to mine cryptocurrency with Norton, a brand they trust. Norton Crypto is yet another innovative example of how we are expanding our Cyber Safety platform to protect our customers' ever-evolving digital lives."

Diginex Limited (NasdaqCM:EQOS) has reported that its crypto exchange, EQUOS, has been awarded an "A+" ranking from crypto exchange data provider Nomics. Diginex CEO Richard Byworth commented:

"This ranking from Nomics, which is an independent provider of data across global crypto exchanges, highlights our commitment to being a leader in delivering a compliant and trusted platform that is necessary for greater widespread adoption of crypto currencies.

Transparency and oversight are key to the whole Diginex ecosystem as we have built out each of our businesses with a focus on regulation. Digivault was recently approved as the sole standalone custodian under the FCA's AML regulation, our asset manager operates out of Switzerland under the ARIF program and our capital markets business operates under an FCA regulated entity in the UK."

Sphere 3D Corp. (NasdaqCM:ANY), a company that delivers containerization, virtualization and data management solutions, has entered into an Agreement and Plan of Merger with renewable energy-focussed crypto mining firm Gryphon Digital Mining, Inc. Upon merging, according to the press release, Sphere 3D Corp. will take the latter's name. Peter Tassiopoulos, Sphere 3D's CEO, said:

"Gryphon's future focus on mining using 100% renewable energy will set the bar for mining companies of the future. We have been engineering GPU-based converged systems for many years and are excited to leverage our experience to enhance the performance of Gryphon's operations. We believe the merger of the two companies provides an excellent opportunity to create meaningful value for our shareholders."

Sam Mowers, Investorideas

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