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Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 Months

Following the charged-up debut of the Proshares bitcoin exchange-traded fund (ETF), Valkyrie’s bitcoin futures ETF and the Vaneck bitcoin strategy ETF, interest in these types of funds seems to have faded a great deal. After the Proshares bitcoin ETF BITO reached an all-time high on November 10, the ETF is down 39% over the last […]

How NFTs Help Shape the Future

NFT stands for Non-Fungible Token – Non-Fungible meaning unique, and token meaning record of ownership stored on a blockchain. Put together, an NFT is a record of ownership of a unique item that’s stored on a blockchain. While NFTs had their start in generative art, their use cases have expanded to include other digital items like metaverse land, blockchain game characters, and music. Further, a process called tokenization allows the ownership of physical items to be encoded into blockchains, expanding NFT use cases even further to include things like merchandise, real estate, and physical art. Data stored on blockchains is immutable and transparent – immutable meaning tamper-resistant, and transparent meaning visible and verifiable by all. Because NFTs exist on the blockchain, they cannot be deleted, and their existence is publicly verifiable. This makes NFTs ideal for ownership rights management and securely storing important records. Their applications are limited only by the human imagination. The logic behind NFTs – their creation, how they are transferred between people, and their utility – is managed by smart contracts, bits of software that enforce digital agreements and run on decentralized networks like Ethereum. Combined with immutability and transparency, smart contracts make NFTs trustless, making it possible for people to transact directly without risk of fraud. Thanks to trustlessness, networks of anonymous individuals can use and transfer NFTs without centralized authorities or middlemen. This makes NFTs fair for all people, and makes self-management of ownership possible, bolstering the freedoms of those without equal access to opportunities and resources. For example, women in certain regions of the Middle East and Africa are not allowed to hold their own birth certificates and passports, making citizenship verification and travel difficult. NFTs stored on a secure and decentralized blockchain could be used as digital passports, empowering these women to control their own citizenship and travel rights. NFTs can be used for other important documents as well, such as IDs and proof of residency. Without documentation, individuals do not have access to financial services. NFTs fill this need by giving people control over their own documentation. Combined with DeFi platforms, networks through which individuals provide financial services to each other, NFTs could allow anyone with a smart device and internet to control their own finances. One DeFi platform that’s trying to make financial services more accessible is Konstellation Network, an ecosystem of several products that aim to offer all the benefits of traditional fintech and more. Konstellation Network is a blockchain protocol that’s creating a global infrastructure for the future of decentralized capital markets. Here’s a look at their products: DarcMatter is an investment platform that gives investors access to tokenized (NFT) versions of alternative investments, which can include items like art, antiques, commodities, and derivatives. VegaX is a digital asset management firm that gives investors access to crypto index strategies, allowing them to diversify by investing in groups of several cryptocurrencies at once. Taebit is a DeFi platform focused on bringing cryptocurrencies to the Korean market through ease of access and usability, including a DEX for liquidity within the Korean market as well Photon Gateways are cross-chain bridges created to make the transfer of assets between several blockchains seamless to open more investment opportunities. A recent NFT-based addition to the Konstellation ecosystem is Squid Squad OG, a game in which NFT holders compete in high-risk, high-reward Rock Paper Scissors. To be eligible to play, players must purchase lottery tickets — the proceeds of which go to a communal prize pool. Squid Squad OGs then face off, the losers being eliminated. Every time 32 players are eliminated, the games will be put to a vote on whether to continue the games or to discontinue. The form to join the Squid Squad OG whitelist is here. Conclusion Since beginning with generative art, NFT technology has come a long way. Today, NFTs have the potential to bolster freedoms worldwide and make financial services accessible to all. Through NFTs and DeFi protocols, the Konstellation Network enables users to create and stake stablecoins for easy payments and passive income; invest in both traditional and alternative markets, and transfer assets between blockchains.

Bitcoin News: El Salvador’s BTC Sees An Erosion Of Values Worth $12 Million In Public Funds

El Salvador was the first nation that had decreed that Bitcoin was a legal currency. However, the move has not been very successful in the country, and things are turning to worse in 2022 with the value of BTC tanking. BTC saw an overall decline of 17.5% over a few weeks. The bitcoins held by

The post Bitcoin News: El Salvador’s BTC Sees An Erosion Of Values Worth $12 Million In Public Funds appeared first on CoinGape.

DENSO Develops Global Safety Package 3 to Improve Vehicle Sensing

KARIYA, JAPAN, Jan 14, 2022 - (JCN Newswire) - DENSO, a leading mobility supplier, today announced that it has developed Global Safety Package 3(1), an active safety system designed to improve the safety of vehicles by giving them high sensing capability of their surroundings. This product is used in the Hino Ranger, the Lexus NX, and the Toyota Noah and Voxy, which were released in August 2021, October 2021, and January 2022, respectively.


The Global Safety Package uses the combined performance of a millimeter-wave radar sensor and vision sensor to assist the driver in controlling the vehicle safely. The millimeter-wave radar sensor detects the shapes of road objects, such as vehicles and guardrails, while the vision sensor uses a camera to detect the environment ahead of the vehicle. DENSO has developed the third generation of the Global Safety Package.

In order to eliminate road accidents and achieve stress-free mobility, DENSO believes it is important to not only improve safety products in vehicles using cutting-edge technology, but also develop those products at attractive prices so they can benefit more vehicles. Under this philosophy, DENSO developed Global Safety Package 3 to improve its active safety and driver assistance performance while reducing product size and cost.

Millimeter-wave radar sensor

Product features

With a wider detection angle, longer detection range, and improved speed resolution(2), this product helps avoid collisions at intersections, whether with other vehicles or pedestrians. Moreover, thanks to its improved detection capability and reduced size and cost, this radar sensor has fewer installation requirements and can be used in more vehicle types and models.

Points of product improvement

A wider detection angle and a longer detection range with improvements such as in-antenna design and radio wave transmission efficiency.

Improved speed resolution by increasing the frequency modulation of radio wave transmissions.
Reduced size and cost, with the new model using fewer than half the number of parts compared to the previous generation. DENSO achieved this by integrating the antenna and power supply board, simplifying product structure and leveraging multiple-input and multiple-output (MIMO) technology, which allows for a smaller antenna with fewer channels to transmit and receive radio waves.

Vision sensor

Product features

The sensor has a wider horizontal field of view to help with collision avoidance at intersections, as well as a longer range to detect road objects in front of the vehicle. This assists adaptive cruise control and lane changes over a broader speed range. Moreover, the product uses artificial intelligence (AI) to improve sensing performance and assistance functions, such as headway distance control - the ability to maintain consistent distance between a preceding vehicle - and traffic sign recognition.

Points of product development

- A high-sensitivity, high-resolution imager with a wider horizontal field of view and longer detection range.
- AI technology to identify drivable areas, preceding vehicles, road signs, and other solid objects based on image data. Vehicles and pedestrians in all directions, including those ahead, behind, and to the side, can be detected.
- Reduced product size and cost by taking the following actions: integrating image processing and system control functions, which reduced the number of microcomputers used; adjusted the structural design to control heat emitted from the processor; and reviewed the lens design.

DENSO will continue to develop technology for advanced driver assistance to realize safe and flexible mobility for all people, including drivers and pedestrians, around the world.

(1) Global Safety Package 3
The software for Global Safety Package 3 was developed in cooperation with J-QuAD DYNAMICS Inc.
(2) Speed resolution
The difference in speed between two targets by which the sensor can distinguish them as two separate objects when it detects them


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comDENSO, a leading mobility supplier, today announced that it has developed Global Safety Package 3, an active safety system designed to improve the safety of vehicles by giving them high sensing capability of their surroundings.

TOYOTA GAZOO Racing Unveils GR GT3 Concept and GRMN Yaris as Embodiments of Making Ever-better Motorsports-bred Cars

CHIBA CITY, JAPAN, Jan 14, 2022 - (JCN Newswire) - TOYOTA GAZOO Racing (TGR) and Lexus are exhibiting the following vehicles and parts at Tokyo Auto Salon 2022(1) at Makuhari Messe (Chiba City) from today to January 16.


GR GT3 Concept

TGR is committed to further accelerating customer motorsports activities to make the world of motorsports sustainable. Promoting "driver first" car development and with a desire to provide attractive cars that customers participating in GT3, which is the pinnacle of customer motorsports, would choose, TGR has unveiled the GR GT3 Concept.

As was the case with the GR Yaris, by commercializing motorsports cars rather than simply adapting production vehicles for use in motorsports, TGR intends to use feedback and technologies refined through participation in various motorsports activities to develop both GT3 and mass-production cars and further promote making ever-better motorsports-bred cars.

GRMN Yaris

The development of the GRMN Yaris(2) began with the desire of Morizo, president Toyoda to "deliver cars to customers that evolve quickly and can be tailored to individuals like in the field of motorsports". In addition to having refined the vehicle together with professional drivers as a fully tuned model of the GR Yaris, a new program is to be activated that will deliver to customers the type of daily vehicle evolution and driver-tailored customization that takes place in motorsports.

For further details about the GRMN Yaris, please visit the following page
https://global.toyota/en/newsroom/toyota/36416645.html

bZ4X GR Sport Concept

Based on the bZ4X dedicated battery EV, the bZ4X GR Sport Concept delivers an elevated level of environmental performance and driving pleasure. Large-diameter tires, sports seats, and matte black exterior body panels are among the highlights of this concept vehicle.

Lexus/Pathfinder Air Racing 1/3 scale model of air race aircraft
NX PHEV Offroad Concept and ROV(3) Concept

Lexus will display a one-third scale model of the Zivko Edge 540 V3 air race aircraft that Yoshihide Muroya of Lexus/Pathfinder Air Racing will pilot in the Air Race World Championship to be held this year. Also joining the exhibit are the NX PHEV Offroad Concept and the ROV Concept--two concept vehicles that embody the brand's aspirations to realize a carbon-neutral society, expand customers' choices and lifestyles, and provide new values that exceed customers' expectations.

For further details about the NX PHEV Offroad Concept and the ROV Concept, please visit the following page https://global.toyota/en/newsroom/lexus/36614778.html

GR Heritage Parts Project

To respond to customers' desires to keep their beloved and memory-rich cars of yesteryear on the road, the GR Heritage Parts Project aims to reproduce discontinued replacement parts for sale as new genuine parts. On display at the show is a selection of reproduced parts slated for release in 2022 for the A70 Supra, A80 Supra, Toyota 2000GT, Land Cruiser 40 series, and AE86 Corolla Levin/Sprinter Trueno.

(1) A customized car event held at the Makuhari Messe convention center (in Chiba City) for three days from January 14 to January 16, 2022 (January 14: Open to the media and industry insiders, January 15-16: Open to the public).
(2) "GRMN Yaris" is used for marketing purposes; the name used in vehicle registration, etc., is "GR Yaris GRMN".
(3) "ROV" is short for "recreational off-highway vehicle". This concept vehicle aims to realize lifestyles in which people can enjoy driving in harmony with nature by getting into places that cannot be accessed by off-road vehicles and getting in touch with nature while enjoying the ROV's responsiveness as well as sounds that stimulate the five senses.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comTOYOTA GAZOO Racing (TGR) and Lexus are exhibiting the following vehicles and parts at Tokyo Auto Salon 2022 at Makuhari Messe (Chiba City) from today to January 16.

Fortnite x GeForce NOW Brings Fortnite Back To iOS

Fortnite Battle Royale will return to iOS whether Apple likes it or not as part of a closed beta. Today,…

The post Fortnite x GeForce NOW Brings Fortnite Back To iOS appeared first on Esports News Network | ESTNN.

Vitalik deluged after asking for the ‘most unhinged’ criticisms about him

Buterin has been both the golden child of crypto, and the recipient of some of the most trenchant criticism. For a bit of fun, he decided today was the day he wanted to dig some notable digs up and share them with his Twitter followers.

Second Life creator returns to lay claim to the Metaverse

It looks like Second Life might be approaching its second coming, with creator Philip Rosedale returning to the project as it prepares to tackle the Metaverse.

With This Month Set For Peak Inflation, How Will Bitcoin Price Move?

The U.S. CPI for December was released and this month could see peak dollar inflation. How will the bitcoin price reflect that?

TransUnion Brings Credit Data to Public Blockchain Networks

Consumer credit reporting agency TransUnion is moving in the direction of Web3. The Illinois-based company announced this week it will bring off-chain consumer credit, identity, and compliance information to public blockchain networks. The move is made possible via a partnership with Spring Labs, a company that offers decentralized infrastructure for credit and identity data. Spring Read more...

The post TransUnion Brings Credit Data to Public Blockchain Networks appeared first on Finovate.

Marcos Kantt Joins Habi as Chief Financial Officer

Latin America’s Leading iBuying and Real Estate Tech Company Continues to Build Out Executive Team with Former Bank of America Merrill Lynch Managing Director and Head of Latin America Financial Institutions, FinTech & Real Estate NEW YORK–(BUSINESS WIRE)–Habi, one of the largest real estate technology companies in Latin America, today announced the appointment of Marcos […]

The post Marcos Kantt Joins Habi as Chief Financial Officer appeared first on Fintech News.

NanoVibronix Expands Board of Directors with Appointment of Two New Independent Directors

Strengthens Board with Strategic, Corporate Governance and Financial Expertise ELMSFORD, N.Y.–(BUSINESS WIRE)–NanoVibronix Inc., (NASDAQ: NAOV), a medical device company that produces the UroShield® and PainShield® Surface Acoustic Wave (SAW) Portable Ultrasonic Therapeutic Devices, today announced its board of directors has appointed Ms. Aurora (Rori) Cassirer and Ms. Maria (Lulu) Schroeder to serve as independent directors […]

The post NanoVibronix Expands Board of Directors with Appointment of Two New Independent Directors appeared first on Fintech News.

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