Welcome to our dedicated page for Dynamite Blockchain news (Ticker: CRYBF), a resource for investors and traders seeking the latest updates and insights on Dynamite Blockchain stock.
Dynamite Blockchain Corp. reports developments in blockchain infrastructure, digital asset holdings, and product development under its Blockchain Ecosystem Strategy. The company organizes its activity around Holdings, Products and Services: utility-driven token holdings form the asset base, while products and services are intended to add utility around those digital assets.
Recurring news themes include updates to the Dynamite Wallet, an evolution of the IMME Wallet platform acquired with Kaspa Secure Technologies, and the use of biometric cryptography, AI-driven authentication, proof-of-identity tools and non-custodial digital asset security. Company updates also cover holdings such as Masters of Trivia and Kasya tokens, financial results, balance-sheet developments and governance matters such as auditor changes.
Extreme Vehicle Battery Technologies Corp. (OTCQB: CRYBF) has partnered with IONiX Pro Battery Technologies and the Renewable Energy Alliance to develop the Renewable Obligation Base energy economy (ROBe2 Protocol), which aims to incentivize the generation and consumption of renewable energy through a novel cryptocurrency mining process called Proof of Renewable. This initiative targets climate change and economic oppression by using blockchain technology to ensure renewable energy is verified and rewarded during transactions. The partnership positions EV Battery Tech as a leader in sustainable crypto solutions.
Extreme Vehicle Battery Technologies Corp. (OTCQB: CRYBF) announced that its partner, Daymak Inc., completed the prototype for the Spiritus, an electric vehicle capable of crypto mining. Since launching the Avvenire line, Daymak has received over $1.1 billion in orders. Notably, IONiX Pro, a subsidiary of EV Battery Tech, retains the right to supply batteries for Daymak's vehicles. Additionally, Daymak exercised 5,000,000 warrants at $0.20 per share, contributing $1 million to the company.
Future expectations include launching the Trilogy Vision prototype in 2022.
Extreme Vehicle Battery Technologies Corp. (OTCQB: CRYBF) announced a Share Exchange Agreement to acquire CryptoPlug Technologies Inc.. This acquisition aims to enhance their Smart Command application, enabling EV users to pay for charging using cryptocurrency. The transaction is valued at $6 million, issuing 24 million common shares at $0.25 each. EV Battery Tech plans to provide the Smart Command application free of charge, monetizing through transaction fees. CEO Bryson Goodwin highlighted the integration of CryptoPlug technology will accelerate their product development and enhance user experience.
Extreme Vehicle Battery Technologies Corp. (OTCQB: CRYBF) announced significant updates on October 7, 2021. The company's flagship product, the IoniX Pro Home SmartWall™, has seen pre-orders exceed expectations, surpassing earlier campaigns. Despite supply chain challenges due to COVID-19, all components for production are secured, with pre-orders limited to 1,000 customers. Additionally, the company’s partner, Daymak, achieved over $1 billion in pre-orders for its electric vehicle lineup, indicating a strong revenue potential through its battery supply agreement.
Extreme Vehicle Battery Technologies Corp. (CSE: ACDC, OTCQB: CRYBF) has joined the Renewable Energy Alliance (REA), a global organization focused on promoting sustainable energy solutions. This induction enhances EV Battery Tech's credibility and opens new collaboration opportunities in the renewable energy sector. CEO Bryson Goodwin expressed confidence that this membership will facilitate international expansion and growth. The company's innovative battery storage solutions, particularly those from its subsidiary IoniX Pro, align well with the REA's mission of achieving a sustainable future.
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