PRESS RELEASE. Bucharest, Romania, 29th March 2024: Atlas Navi, a trailblazer in AI-powered navigation, has unveiled Drive2Earn 2.0 — enhancing rewards for drivers as it sets its sights on overtaking Tesla as a market leader in capturing and analyzing vast quantities of data from dashcams. The app, which has now been downloaded more than 700,000 […] Source CryptoX Portal
Crypto-payment processing firm Electrocoin is partnering with a local oil and gas company in Croatia to allow drivers to pay for a full tank using crypto. According to Croatian news outlet Poslovni dnevnik, people needing to gas up their vehicles at any of the 46 Tifon stations in the country can now pay using Bitcoin (BTC), Ether (ETH), Stellar (XLM), XRP, and EOS. Tifon will integrate PayCek, a crypto payments platform from Electrocoin, into its existing payment systems to make this possible. Tifon CFO Ana Lokas said the company expected…
Venezuela has announced that petrol stations across the nation will sell gasoline at a reduced price in exchange for the country’s state-issued, oil-backed cryptocurrency, the Petro. However, the announcement comes alongside the removal of local petrol subsidies that will see the price of gasoline spiking from close to nothing to $0.02 per liter. Venezuela introduces new petrol regime Amid acute petrol shortages, June 1 saw Venezuela remove subsidies on the price of gasoline. The new petrol regime will see Venezuelan car-owners allotted 120 liters per month at roughly $0.02 —…
The first ATM for Bitcoin has been installed in Shropshire. The virtual currency aims to revolutionise the way the world buys and sells. The machine, used for purchasing and exchanging Bitcoins, has been put in the Red Lion Service Station, in Wellington. No physical cash is involved in the ATM. Instead, users can use it to buy Bitcoins, or part of a Bitcoin, and place it in a virtual ‘wallet’. The currency can then be used to buy physical goods or to speculate in an effort to make a profit…