Electric

Skyward Bound: HDEX brings eFrancisco Motors and LuftCar Together For Groundbreaking Partnership

A New Electric Vertical Take-off and Landing (eVTOL) Project Begins FOR IMMEDIATE RELEASE Camarines Norte, Philippines – January 28, 2024 HDEX is proud to announce that two partners, eFrancisco Motor Corporation and Luftcar have come together to develop a new Electric Vertical Take-off and Landing (eVTOL) project. The focal point of this groundbreaking collaboration is the development of the LUFT PINOY eVTOL powered by Hydrogen. Aron Dutta, Chairman of HDEX, stated, “HDEX was pleased to help facilitate this exciting partnership. What is happening in the Philippines will be the case

eFrancisco Motors and HDEX Sustainable Transit Initiative Accelerates Hydrogen Adoption across the Transportation Sector

Innovative Procurement Powers Hydrogen Adoption in the Philippines MANILLA, PHILIPPINES– eFrancisco Motor Company (eFMC) and HDEX, the world’s first hydrogen exchange, are thrilled to announce a groundbreaking initiative that transcends mere transactions. This endeavor goes beyond innovation; it's a movement towards a more connected and environmentally responsible future for public transportation in the Philippines. Imagine a world where your daily commute not only takes you from point A to B but also contributes to a greater cause – Tied to the heartbeat of the Philippine Peso, the eFMC token brings

1,300 E-JEEPNEY ORDER COMMITMENTS IN THE PHILIPPINES FOR TEMBO FRANCISCO MOTORS JOINT VENTURE

Orders pursuant to Tembo’s previously announced joint venture with Francisco Motors Established in 1947, Francisco Motor Corporation is the original pioneering jeepney manufacturer Total addressable market to electrify 200,000 existing jeepneys estimated to be worth US$10bn+ Tembo E-LV, a subsidiary of the NASDAQ listed B Corp, VivoPower, announced today that, pursuant to its definitive joint venture agreement with Francisco Motor Corporation, it has been advised by Francisco Motors of a total of 1,300 order commitments received from several leading jeepney co-operatives in the Philippines, including Laguna, First Isabela, Progressive, and

Starbox Group Holdings Ltd. Announces First Half of Fiscal Year 2023 Financial Results

Revenue and Net Profit Increased with Technology Driven Services Revenue Accounted for Approximately 43.8% of its Revenue KUALA LUMPUR, Malaysia, August 29, 2023 / Plato / Amplifi. Starbox Group Holdings Ltd. (Nasdaq: STBX) ("Starbox" or "the Company”), a service provider of cash rebates, digital advertising, and payment solutions with a goal of becoming a comprehensive AI solutions provider within Southeast Asia, today announced its unaudited financial results for the six months ended March 31, 2023. Mr. Lee Choon Wooi, Chairman and Chief Executive Officer of Starbox, commented, “We are excited

How To Choose a Crypto Wallet

By Susan Doktor If you had a million dollars—or even a thousand Euros—chances are, you wouldn’t keep them under the proverbial mattress in your home. There are burglars out there, after all. There’s the risk of fire. And if you wanted to spend your money to pay your electric bill, you’d have to transfer your money to a bank account anyway, unless you wanted to pay your bill in person. And who wants to take the time to do that. You’re much more likely to stash your cash in a

DAO infrastructure platform Layer3 raises $2.5 million in seed funding 

Crypto startup Layer3, which provides tools for decentralized autonomous organizations (DAOs), has raised $2.5 million in a seed funding round.ParaFi Capital led the round, with Electric Capital, Lattice Capital, 6th Man Ventures, Red Beard Ventures, and Mirana Ventures also participating.  Angel investors, including Balaji Srinivasan, Kain Warick of Synthetix, and Jai Bhavnani of Rari Capital, also backed the round. With fresh capital at hand, Layer3 plans to expand its current team of two co-founders — Brandon Kumar and Dariya Khojasteh — to around six in the near future, Kumar told The Block. The startup

El Salvador Powers Crypto Mining with Volcano Power

The President of El Salvador, Nayib Bukele, posted a video of the groundbreaking of a crypto mining project via power from a local volcano.Sponsored Sponsored According to a Tweet from President Bukele, the nation started an ambitious project which utilizes renewable energy to power massive Bitcoin mines. The post reads “First steps…” and shows an aerial view of a massive power plant at the foot of a volcano. Moreover, the video reveals shipping containers which house massive crypto mining rigs. An operator begins to plug in the machines as the

Chinese province to cut off Bitcoin miners from hydropower stations

Regulators from Yingjiang County in Yunnan, China have issued strict warnings to hydroelectric plants against supplying power to enterprises involved in Bitcoin (BTC) mining. A recent report claimed that the Office of the People’s Government of Yingjiang County issued notice to hydropower plants to strengthen oversight on Bitcoin mining operations. According to the announcement, the power plants have been given until Tuesday, Aug. 24, to delist mining companies from their grid’s “illegal” supply. After the given deadline, the county reportedly plans to “forcibly dismantle” the power supply to Bitcoin mining establishments

Leading Smart Product Retailer Wellbots Now Accepting Bitcoin Payments

Wellbots, a U.S.-based smart product online retailer, has announced that its customers can now make payments for goods at checkout using six cryptocurrencies.  Wellbots Now Accepts BTC  Announcing the development in a press release today, Wellbots said it will now accept Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and popular stablecoins Dai and USD Coin (USDC) for its smart products.  Before this time, the online store only accepts traditional payment methods such as Shop Pay, Google Pay, PayPal, Amazon Pay, Credit Card, and Affirm.   However, with the integration

Cryptocurrency News From Japan: August 2 – August 8 in Review

This week’s headlines from Japan included Coincheck readying its digital shareholder meeting solution, GMO Coin announcing negative leverage trading fees, Decurret testing transactions with a power company, Japanese authorities proposing tax changes, and Japanese finance company FISCO developing apps for shareholder voting and staking. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.Coincheck setting up for digital shareholder service As Tokyo-based crypto exchange Coincheck readies its new digital meeting avenue, the exchange's co-founder expressed confidence in the project. Known as Sharely, unveiled in June 2020, the

Chinese State Grid Launches Blockchain-Based Blackout Insurance Policy

A branch of China’s state-backed grid released its first blockchain-powered blackout insurance policy issued to the chairman of a local company that needed to compensate for a power outage loss suffered recently.According to Shupeidian, Zhejiang Ningbo Power Supply Company, in partnership with Yingda Taihe Property Insurance Co., Ltd., released the policy to a sprinkler manufacturing company in Ningbo, Zhejiang province.Both companies believe that the process of issuing insurance via a blockchain network provides a commercial solution to compensate for the loss caused by an electric outage in a faster and