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Blockchain Press Releases

Electreon and GINAF Unveil Successful Electric Truck Integration: Charging a GINAF 50-Ton Electric Truck on the World’s First Public Wireless Electric Road for Trucks and Buses

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BEIT YANAI, Israel, June 27, 2023 /PRNewswire/ — Electreon (TASE: ELWS), the leading developer and provider of inroad wireless Electric Vehicle charging technology, and Dutch automaker GINAF, a leading manufacturer of commercial vehicles, are proud to announce that they have fully integrated Electreon’s wireless charging system on a GINAF 50-ton truck.

By harnessing Electreon’s cutting-edge wireless charging technology, electric vehicles can now charge seamlessly while parked, idling, and even on the move, effectively eliminating range limitations, and reducing EV operational costs in the bid to decarbonize road and freight transport.

GINAF is a specialist in the development and production of special and efficient transport solutions based on DAF and Mercedes-Benz vehicles, amongst other conversions and retrofits to electric powered propulsion. This time, GINAF is elevating its e-truck value proposition by integrating Electreon’s wireless charging system with the GINAF GE2121 truck (a modified DAF XF). The ‘wireless truck’ has undergone testing on both Electreon’s stationary wireless charging station (charging while idle) and its dynamic (Wireless Electric Road – charging while driving).

This Electreon and GINAF e-Truck integration is a vital step forward in the race to net-zero road transport emissions. Road transport is one of the most significant sources of the European Union’s greenhouse gas emissions. Approximately 77% of EU transport emissions come from road transport, and the road transport sector is not improving fast enough to meet the goals set out in the European Green Deal set back in 2006. Additionally, traditional plug-in charging solutions for EVs present major challenges, particularly for long-distance logistics fleets; therefore sustainable innovative solutions such as wireless EV charging must be sought, encouraged and invested in. 

Promoting Sustainable Transportation

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“GINAF is very pleased with the results of the truck’s excellent performance on the world’s first public Electric Road: Electreon’s Smartroad in Gotland, ” said Roeland van der Woude, GINAF CEO. “It endorses our capabilities as a flexible and qualitative alternative to OEMs, for transport companies that want to make their 7-50+ ton trucks more sustainable.”

“This is yet another example of Electreon’s seamless integration and capabilities in simple integrating onto any vehicle,” said Håkan Sundelin, Electreon Regional director of the Nordic countries. “We are pleased to add GINAF to the list of companies we collaborate with. The cooperation with GINAF ensures that we are ready for large scale deployments and provide a solution for efficient and sustainable transportation.”

Looking Ahead

Electreon and GINAF are now poised to implement aftermarket installations on additional GINAF trucks, based on DAF or Mercedes-Benz chassis – and will be available for future Electreon projects, encompassing both static and dynamic charging capabilities.

In a further display of their commitment to electric transportation, Electreon and GINAF have joined forces with REARQ, a Swedish company specializing in circular economic practices – aiming to reuse current internal combustion engine (ICE) vehicles on the market and converting them into EVs. Together, they aim to drive sales of electric trucks in Nordic markets and lead the charge in the race to the net-zero carbon emissions future.

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“The joint collaboration in this project proves that we can accelerate the change to sustainable transportation solutions, by integrating smart charging technology with Electric Vehicles and thereby increasing the benefits when shifting to 100% electric,” says Henrik Wallström, CEO of REARQ.

About Electreon

Electreon is the leading developer and provider of wireless charging solutions for electric vehicles (EVs), providing end-to-end charging infrastructure and services, to meet the needs and efficiency demands of shared, public, and commercial fleet operators and consumers. The company’s proprietary inductive technology dynamically (while in motion) and statically (while stopped) charges EVs quickly and safely, eliminating range anxiety, and reducing battery capacity needs-making it one of the most environmentally sustainable, scalable, and compelling charging solutions available in the market. Electreon collaborates with cities and fleet operators on a “sale”, and on a charging as a service (CaaS) business model, that enables cost-effective electrification of public, commercial, and autonomous fleets for smooth and continuous operation. For more information, visit electreon.com.

About GINAF

GINAF Trucks Nederland B.V. is a Dutch company founded in 1948. GINAF is a specialist in the development and production of special and efficient transport solutions based on DAF and Mercedes-Benz vehicles, amongst other conversions and retrofits to electric- or hydrogen-powered propulsion. The company has been located in Veenendaal for more than forty years, where all development and production activities are carried out.

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Ginaf.com 

About REARQ

REARQ is a Swedish electrification and logistics company aiding companies in transforming their vehicle fleet to 100% electric. Using connected vehicles and intelligent software for smart planning, driving and charging support, REARQ helps driver and transport planners to optimize their vehicle usage. By converting both used and new vehicles, REARQ extend the service life of existing vehicles as well as reduce the environmental impact. REARQ is GINAF’s PF/distributor in Swedish, Denmark, Norway and Finland. 

On behalf of Electreon:
Keren Alleson Gerberg
[email protected]

On behalf of GINAF:
Rick van de Weg
[email protected]
+31-6-557 202 91

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On behalf of REARQ:
Johan Klintberg, COO
[email protected]
+46 70-731 59 09

Logo: https://mma.prnewswire.com/media/1997596/Electreon.jpg
Photo: https://mma.prnewswire.com/media/2141504/GINAF_Truck_charging_in_Gotland.jpg

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Blockchain Press Releases

Request Finance acquires Pay.so Lithuania; launches revolutionary one-click crypto/fiat payment solution.

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The acquisition allows clients to compliantly make payments to third parties, pay bills, and pay employees with a one-click on/off ramp feature.

PARIS, Nov. 25, 2024 /PRNewswire/ — Request Finance, a leader in crypto and fiat financial operations, has announced its acquisition of Pay.so Lithuania, a regulated VASP. The acquisition enables Request Finance to provide a fully compliant, one-click on/off ramp payment solution that bridges crypto and fiat, streamlining global transactions for businesses of all sizes. Now, Request provides a multi-payee on/off ramp, consolidating its position as the one-stop shop for all finance operations of businesses of all sizes.

Pay.so Lithuania operates under one of the strongest and most reliable regulatory frameworks for companies providing services on digital assets. Pay.so has grown tenfold in just nine months, solidifying its position as a key partner for significant corporations adopting digital currencies. With one of the broadest currency coverages in the market, Pay.so has been providing Request Finance’s clients with fiat payouts in a wide range of currencies for several months now, including USD, EUR, GBP, AUD, CHF, SGD, NZD, THB, HKD, IDR, CAD, INR, AED, KRW, JPY, MYR, and PHP.

By acquiring its trusted long-term partner, Request Finance now powers the smoothest Fiat2Crypto onramps and Crypto2Fiat offramps for $100 to $100 million transactions.

This acquisition brings uniquely powerful on/off ramp for its clients, as simple as in one click. Clients can now make offramps and onramps to and from third parties. This applies to direct payments, multi-payee bill payments, and employee payments.

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Chris Butcher, CEO of Pay.So US, commented, “The acquisition of this regulated Lithuanian entity puts Request in a prime position to double down on fiat payments and extend its lead as the number one crypto accounting and payment solution.”

Cameron Butcher, CTO of Pay.so US, added, “Request has inherited a unique platform, processing millions of dollars of volume daily, on local payment rails worldwide, all while maintaining airtight compliance”.

Valentin Faye, Head of Legal & Compliance at Request Finance, added, “Acquiring a VASP and pursuing MiCA compliance is essential for building trust and long-term growth in our digital finance landscape. We ensure that our operations meet the highest security and transparency standards and that our clients transact confidently across borders in full compliance with regulations. This positions us to support the largest enterprises as they adopt digital currencies. Plus, offering our users the first in a long line of regulated services enables them to manage all their operations with and from our platform.”

Christophe Lassuyt, CEO of Request Finance, mentioned, “This is a game changer for Request Finance which now supports a broad range of hybrid businesses, from those who want to earn revenues in digital currencies without touching crypto, with no crypto on the balance sheet, to those who run compliant finances without a bank account“.

Check out what finance leaders say about Request Finance’s new feature:

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  1. Diego Casanova, Sr Finance Operations Analyst at Decentraland Foundation, mentioned: “We have been using Request Finance since 2022 to streamline our crypto payments. One of the most valuable features for us has been the batch payment option, which simplifies complex transactions. A few months ago, we were introduced to a new feature within the platform, allowing us to make seamless fiat payments using crypto through its off-ramp services. Since then, our experience has been outstanding, with consistent support from the Request Finance team, always attentive to our needs and inquiries.”
  2. Daniel Lustig, Head of Operations and BI at Ocean Protocol, added: “Since the Request team introduced crypto-to-fiat payments, our workflow has become incredibly streamlined. The new solution has enabled us to handle both crypto and fiat transactions seamlessly, allowing us to focus more on our core business without worrying about complex conversions and payment tracking. It’s been a game-changer for our team, providing a new level of transparency we’ve been looking for. Needless to say our auditors love it, too.”
  3. Krisztin Lipárdi, COO at Galaxis.xyz, highlights that “Request Finance has honestly changed the way how I at Galaxis handle payments. Earlier I had to use several platforms and I had to separate Crypto and Fiat payments. Seeing all the invoices at one place and the Crypto to Fiat feature has made my life so much easier. The multi-currency options are perfect for my clients across the globe. I really wouldn’t want to go back to anything else!”

About Request Finance:

Request Finance‘s mission is to enhance crypto adoption by compliant businesses. The all-in-one finance platform for crypto and fiat operations already offers Accounts Payable, Accounts Receivable, Accounting, and direct payments to 190+ countries.

Logo – https://mma.prnewswire.com/media/2355868/RF_Logo.jpg

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Blockchain Press Releases

Africa Exclusive: Bybit Promotes Crypto Education with P2P Security Webinar

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DUBAI, UAE, Nov. 22, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, sets out to raise awareness of P2P security and to equip users with the latest anti-fraud knowledge and tools in a new learn and earn event exclusively for users in Africa. Hosting a P2P security Webinar on Nov. 25, Bybit P2P will also be announcing a prize pool valued at 10,000 USDT for a new Africa-exclusive deposit event.

P2P Security Webinar
On Nov. 25, the live webinar on P2P security will be broadcast in the Bybit Africa Telegram group from 7 to 9PM UTC. Attendees may benefit from a comprehensive session on tips and the latest know-how on asset safety and counterparty risks. The free webinar will cover the following topics:

  1. Fraud detection: users will learn about signs of common scams and steps to verify payment authenticity.
  2. Staying safe with Bybit P2P: users get to discover Bybit’s security tools and the latest features to combat fraudulent attempts.
  3. Trading with confidence: users will gain practical advice and practical tips on how to trade safely.

The floor will be open for a live Q&A session after the sharing by Bybit P2P experts. Ahead of the webinar, attendees are invited to submit questions and the lucky ones will win 10 USDT if their questions are chosen by the speakers.

10,000 USDT Rewards for First-Time Deposits
From Nov. 25 to Dec. 15, 2024, new users who successfully sign up for a Bybit account and complete Identity Verification Level 1 may be eligible to share in a 10,000 USDT prize pool reserved for eligible users in Africa only. Users must  sign up for the event and make a deposit via Bybit P2P to qualify and win up to 10 USDT, terms and conditions apply.

“Financial fraud is an age-old challenge and users must stay vigilant as scammers and fraudsters evolve. Bybit is constantly investing in our hardware and software to build the necessary guardrails for our platform. It does not take away the importance of user education, however, and we hope through engagements of this kind, we can help elevate the community on a path of growth,” said Joan Han, Sales and Marketing Director at Bybit.

P2P is an organic part of the crypto economy and helps to promote inclusivity in emerging economies. With Bybit P2P, users of all levels may access the user-friendly peer-to-peer trading platform to trade between themselves at an optimal, agreed-upon price. The service minimizes the need for the middleman, improving cost effectiveness while providing exchange-backed platform security.

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Find out more about the event and eligibility at Bybit P2P.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

Polygon Collaborates with WSPN to Drive Stablecoin Adoption Through WUSD

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SINGAPORE, Nov. 22, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a pioneer in digital payment solutions, and Polygon Labs, a software development company building the leading network of aggregated blockchains via the AggLayer, today announced their strategic collaboration aimed at unlocking the full potential of digital finance, focusing on the expansion and adoption of WUSD, WSPN’s flagship stablecoin.

WSPN has integrated Polygon PoS into its WUSD network infrastructure earlier this year. Now, this collaboration will focus on rapidly expanding WUSD adoption. Polygon Labs’s crucial liquidity support will be instrumental in bolstering WUSD’s mass adoption across various markets.

This collaboration will unlock opportunities to explore a range of innovative use cases for stablecoins, payments, and DeFi. Key areas of focus include facilitating payments and tokenization solutions for companies operating in Hong Kong SAR and Singapore, developing on-chain green finance projects tailored for African clients, and building robust DeFi platforms that leverage the strengths of both WSPN and Polygon technologies. These initiatives are strategically designed to address diverse market needs and drive the adoption of WUSD across a variety of regions and sectors.

By combining WSPN’s expertise in stablecoin solutions with Polygon’s advanced blockchain infrastructure, this collaboration will drive significant advancements in the digital asset space, particularly in emerging markets and the rapidly evolving DeFi sector.

About WSPN

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WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users.  WSPN ‘s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.

Learn more: www.wspn.io | X | LinkedIn

About Polygon Labs

Polygon Labs is a software development company building and developing a network of aggregated blockchains via the AggLayer, secured by Ethereum. As public infrastructure, the AggLayer will bring together user bases and liquidity for any connected chain, and leverage Ethereum as a settlement layer.  Polygon Labs has also contributed to the core development of several widely-adopted scaling protocols and tools for launching blockchains, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development, as well as Polygon CDK.

Logo – https://mma.prnewswire.com/media/2429245/5043812/WSPN_logo_Logo.jpg

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