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Crypto Corner 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 and Delta, BC - January 14, 2022 ( Newswire), 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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Crypto Corner Podcast #755: Stocks discussed: (NasdaqGS: TSLA) (NYSE: TRU) (NYSE: NCR)


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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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