Lights that turn on when you walk into a room and turn off when you leave are one of the most desirable smart home features. But you need to buy additional hardware like motion sensors to make this “magic” happen. A new ambient sensing technology called Sensify could make this easier by turning your light bulbs into motion sensors. And it might be landing on a Philips Hue bridge near you very soon.
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Dogecoin (DOGE) retraced Tuesday’s gains while Solana’s SOL jumped 8% higher as crypto markets rebounded on Wednesday to reverse some losses from earlier in the week.
DOGE fell 7.5% amid profit taking, data shows, to trade at 36 cents in European noon hours, paring gains after a jump from 34 cents to 38 cents on Tuesday — when it surged following the display of its token’s logo on the Elon Musk-led Department of Government Efficiency website.
The website was later updated in Asian morning hours Wednesday to show another animated image of a dog. It was updated again in the afternoon to showcase only its name and a dollar sign.
Crypto majors showed mixed movement as bitcoin (BTC), ether (ETH) and BNB Chain’s BNB gained under 1% in the past 24 hours, while Solana’s SOL and XRP surged as much as 7%. The broad-based CoinDesk 20 (CD20) returned 2.57%.
Hyperliquid’s HYPE token zoomed 13%, returning the most among large-cap tokens above a $5 billion capitalization. As such, traders look to Donald Trump’s executive orders and tariff decisions for cues on market positioning.
“Crypto markets have dipped as traders take profit and wait to see the potential impact of tariffs on Mexico and Canada, which could impact stock markets when the US stock market opens tomorrow,” Jeff Mei, COO at BTSE said in a Telegram message.
“However, we are optimistic that in the coming days and weeks, Trump will issue executive orders and roll back anti-crypto policies set by the Biden administration. With the recent appointment of pro-crypto Caroline Pham as CFTC Commissioner, we’re already seeing positive signals,” Mei added.
Traders such as FxPro’s Alex Kuptsikevich mirrored the thoughts in an email to CoinDesk.
“The market’s rapid recovery is indicative of continued interest in risk assets. Bitcoin traded near the $105K mark. It was quickly bought back on Tuesday when it fell to $101K, but when it reached the $107K level early Wednesday afternoon, the market shifted to sellers. Clearly, optimism is high in the market, but an additional factor is needed for new momentum,” Kuptsikevich said.
Angola is looking to raise as much as $2 billion in eurobonds this year as it works to extend maturities and lower the cost of its debt, Minister of State for Economic Coordination Jose de Lima Massano said.
Technology
Here’s the tech that could turn millions of Zigbee light bulbs into motion sensors with a single update
“There are tens of millions of devices with the base firmware already out there; we’re just working on the final touches to light up the full experience.”
Sensify is a wireless network sensing (WNS) technology developed by Ivani that can turn mains-powered Zigbee devices into motion sensors for controlling your lights with just a firmware update — no additional hardware needed. The best part is that it can work on devices already in most homes. “There are tens of millions of devices with the base firmware already out there; we’re just working on the final touches to light up the full experience,” Ivani cofounder Justin McKinney tells The Verge.
An obvious use case for this is a Zigbee-based smart lighting system such as Philips Hue. There’s been speculation that Hue is working on a Zigbee sensing technology since its sister company Wiz debuted a similar tech called SpaceSense in 2022, which uses WNS over Wi-Fi. The well-informed hueblog.com reports that Zigbee wireless network sensing is the technology Hue will most likely use. The Verge reached out to Signify, which owns Hue, but hasn’t yet received a response.
McKinney wouldn’t say which companies are using Ivani’s Sensify, which has been in development since 2016, but he did share that the company is working “with some large household names poised to deploy the technology very soon.” He also said it’s the only company offering this capability over Zigbee networks.
Ivani is a member of the Connectivity Standards Alliance (CSA), which runs the Zigbee protocol, but Sensify is a proprietary solution that leverages the Zigbee network. Despite reports indicating this sensing tech is coming to all Zigbee devices, the CSA confirmed to The Verge that this is not a new feature within Zigbee itself.
WNS works by detecting disturbances in radio frequencies and can also be applied to Wi-Fi, Bluetooth, and Thread technologies. McKinney says Sensify requires three or more devices positioned around a detection area to detect motion and occupancy in the space. The tech also allows for precise detection zones based on where the devices are situated. “The devices send messages to each other, look at underlying network diagnostic information, and process it to provide occupancy sensing decisions,” says McKinney.
Performance-wise, McKinney says Sensify is “equivalent or superior” to passive infrared sensing (PIR) tech, which is traditionally used for motion sensing. It also doesn’t need line of sight, as PIR does. However, it’s not as precise as technologies like mmWave sensing, which can determine if someone is in a room through as slight a movement as breathing. “The lights will still likely turn off if you’re still, even if you’re in the space,” he says.
The good news is that Sensify can run on Zigbee networks with a range of chipsets working together, meaning it can be deployed as a software update to existing systems. McKinney also confirmed Sensify runs locally on your Zigbee network, there’s no Sensify cloud, and any sensing data is only accessible to the manufacturer deploying the technology.
This video, published by the CSA, illustrates how Ivani’s wireless network sensing works over a Zigbee network.
Motion sensing in the smart home has several use cases, from lighting control and security to energy management and elder care. Two big advantages of WNS here are cost and scale. There’s no need to buy additional hardware to get the capability, and many homes already have devices that can use it.
Ivani is currently the only company with a Zigbee solution, but there are WNS solutions out there that use Wi-Fi. Origin Wireless and its partner company, Nami, were the first to develop Wi-Fi sensing, and they are leading Matter’s efforts around bringing ambient RF sensing technologies to the smart home standard.
“It really is the promise of what home automation was supposed to be”
Origin’s technology powered Linksys Aware, a feature the router company launched in 2019 that turned its routers into motion sensors, and last year, Threshold launched a smart plug using Origin’s Wi-Fi sensing to allow caregivers to monitor a loved one’s activity remotely.
In 2021, I tested Hex Home, a proof-of-concept security system from Origin that used Wi-Fi sensing instead of motion sensors. But false positives made it virtually unusable. I also tried Wiz’s Wi-Fi-based SpaceSense when it first launched. It was more reliable but still fairly inconsistent. However, according to McKinney, advances in machine learning and AI have brought significant improvements to WNS technology.
He says Ivani’s Sensify tech is ready for deployment over Zigbee, and they’re just waiting for their partners to fine-tune how best to “introduce the feature within their product lines.” He expects they will update existing products in the next few months. “We have the pleasure of experiencing our partner’s products and their beta tests in our homes, and it really is the promise of what home automation was supposed to be.”
There have been a lot of promises around home automation over the years, with very few being fulfilled. But the idea of, say, every Philips Hue light bulb in your home turning into a motion sensor overnight, making it simple to automate control of your lights without sticking white plastic sensors everywhere, is a fairly exciting one.
Yesterday, President Trump signed a full pardon for Silk Road founder Ross Ulbricht. This was a tremendous victory for the Bitcoin (and Libertarian) movement.
It proved with some time, effort and political coordination, the Bitcoin network state, to borrow a term from Balaji Srinivasan, can facilitate real and important change via the highest levels of power at the nation-state level.
While we should surely take a moment to celebrate, we should also keep in mind others in the Bitcoin and broader crypto space are currently facing unfair sentencing and we should be acting on their behalf. These others include the developers of Samourai Wallet, who are currently wrongfully being charged with operating an unlicensed money transmitting business.
In this case, not only is the freedom of the developers involved at stake but our ability to use the privacy tools they’ve created.
Now we have to do #freesamorai to ensure noncustodial wallets remain legal! https://t.co/Jq1UDbe9dl
— Matt Corallo (@TheBlueMatt) January 22, 2025
And so this time around, let us right wrongs before they result in unfair sentencing, like we saw with Ross.
To do this, you can donate to the Peer-to-Peer Rights Fund to help fund the defense for the Samourai case (and others like it). We have to do our part to stop regulatory overreach and to protect the freedom of those who have helped to further enable our own via the tools they’ve created.
This article is a Take. Opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
The Stargate project has big implications for U.S. AI leadership, but also for who’s winning the new president’s ear. Read More
When George Avetisov was the founder and CEO of cybersecurity startup HYPR, he spent a lot of time in the trenches with the company’s sales team. He quickly realized that regardless of how good his sales team was, they were consistently pulling in other departments to answer customer questions or fill out technical questionnaires.
“They don’t know the answers to most questions that get asked of them,” Avetisov told TechCrunch. “They have to ask a product person, they have to pull in a sales engineer. It’s a daunting task, and these people are brilliant, like I’ve worked with some amazing sales reps, but the problem with sales is there’s no easy way for them to automate knowledge.”
Avetisov (pictured above in the center) decided that would be his next problem to solve. He left HYPR in 2021 and took a brief interlude from startups to play and beat video game Elden Ring; Avetisov said he wanted a little downtime before being all consumed by another startup. He launched his new company, 1up, in 2022.
1up is an AI-powered knowledge automation platform for sales teams that pulls information from internal company data sources and databases. Sales professionals can turn to 1up to find answers to their product or technical questions, execute requests for proposal and also use it help fill out technical questionnaires.
The company launched publicly in January 2024 and has since amassed nearly 100 customers that range from startups to large enterprise customers including WalkMe and Deliveroo. The company has been able to land a not insignificant portion of these customers through an unorthodox marketing strategy: memes.
“We run one of the biggest sales meme libraries in the community, and we get millions of impressions on LinkedIn,” Avetisov said. “People follow us just from our memes. I know it’s a little weird, but like, one out of three of our leads comes from a meme.”
Now the company is announcing a $5 million funding round led by Upfront Ventures with participation from RRE Ventures, 8-Bit Capital, and individuals like Friendster founder Jonathan Adams, among others. Upfront general partner Kobie Fuller is the lead investor and will take a seat on the company’s board.
Fuller told TechCrunch that he got a cold email from Avetisov just days after one of his portfolio companies mentioned 1up might be a good fit for Fuller’s investment thesis regarding how AI will change enterprise’s approach to knowledge. When talking about this thesis to Avetisov, Fuller said they were speaking the exact same language.
“So much of how we make investment decisions is around the founder and George, a second-time founder, saw the problem and pain point first hand,” Fuller said. “When we talk with George, he can dive in at whatever level or depth in a manor you don’t see all the time with CEOs. You can tell he’s mission driven, he has 1up tattooed on his inner wrist. He’s really, really in it; he’s incredibly scrappy.”
Since the release of ChatGPT in 2022, AI startups building for sales departments have exploded, especially when it comes to building AI tools that help customers generate sales leads and with client outreach. Companies looking to provide knowledge centers for enterprises, many of which popped up prior to 2022, started gaining momentum, too.
Avetisov isn’t deterred, though. He said that 1up provides such a different service than the AI sales lead generators that he doesn’t think 1up is competing for the same line in a company’s budget. He said that he doesn’t think companies need all-encompassing knowledge centers, but 1up’s approach is different because it solves a specific problem.
“When you talk to the enterprise, knowledge management is not a budget item. It’s not a hair on fire problem,” Avetisov said. “Our philosophy on this is that for knowledge automation to succeed and become a billion-dollar company or industry, it needs to be laser-focused on a persona and on a department.”
The next steps for 1up, now that its raised this recent funding, is to scale out the sales team. There will also be some feature upgrades, though Avetisov wasn’t ready to share the details on those quite yet.
“Sales teams get a lot of shit,” Avetisov said. “They have one of the hardest jobs in the company, and their tool set is horrible. They’ve got so many tools for prospecting and CRMs and all that stuff. But when it comes to knowledge management, they have been completely neglected. So that’s our hot take. That’s our laser focus.”
Investors seem to persistently be drawn to the rapid evolution and change in the cryptocurrency market. Over time, four tokens exemplified by Rexas Finance (RXS), MANTRA (OM), Cardano (ADA), and Ripple (XRP) showcase the best likelihood to amass considerable returns from relatively small investments before the year 2025 wraps up. The unique offerings of each token make them worth serious consideration for investors.
Rexas Finance (RXS): Pioneering Real-World Asset Tokenization
Making things accessible to the masses is at the heart of Rexas Finance, as seen in the tokenization of real estate through blockchain. By enabling users to buy lower percentage shares of traditionally expensive assets, Rexas Finance undoubtedly stands out. Their emphasis on the platform’s security, transparency, and accessibility is unmatched. Thanks to the success of the Rexas Finance presale, over $41.5 million has been raised alongside 424 million tokens sold. As stage 11 sold out before the schedule, stage 12, owing to the result of votes by the community, has been introduced. It is currently set for $0.200, with the token set to list at $0.25 on June 19, 2025. Experts anticipate RXS climbing to $5 by Q3 2025. Investor confidence has increased due to its community-driven marketing strategies and approach to tokenizing real-world assets. This is evident from the $1 million giveaway, in which 20 winners receive $50,000 worth of RXS tokens each.
MANTRA (OM): Making Waves in the Market
Mantra has invested heavily in expanding its platform, which provides users with a comprehensive list of decentralized finance services. It trades at $3.76 while holding a market capitalization of $3.61 billion. This firm has positioned itself as essential for any DeFi user. With a shift from traditional finance to innovative DeFi solutions, analysts predict a bullish market across the capital. Focusing on community initiatives is promising. By 2025, MANTRA is projected to trade within the $12 to $15 range. Even reaching a whopping $20 is plausible during the bullish run. The projection remains clear due to strong polymers in other DeFi projects alongside steady adoption. From an investment standpoint, adopting MANTRA simplifies risks while strengthening returns. OM solves issues through an appealing, low-risk, and unique governance model while increasing community incorporation.
Cardano (ADA): A Sustainable Blockchain with Great Capabilities
Investment and retailer trust is shifting towards ADA because it has become one of crypto’s most innovative and secure blockchains due to AI-driven resources and scalability functionality. Currently, it stands at $1.06 with a $37.31 billion market cap. This signals trust and attention from all major players in the financial market. In the past few months, whales have accumulated over 30 million tokens, making big bets on Cardano. Veteran trader Peter Brandt asserts that ADA has bottomed, signaling the start of a grand bull market. Analysts forecast that in 2025, ADA will reach the $5 mark, with strong potential to increase if key sectors like smart contracts and decentralized applications become more widely adopted. In an era where sustainability is gaining significant attention, Cardano stands out due to its relative energy consumption while providing an advanced level of performance. For long-term investors, there is potential to harness the power of this blockchain with ADA.
Ripple (XRP): Leader in Cross-Border Payment Technology
The XRP token is often portrayed as an efficient and cost-effective transaction method worldwide. Valued at $3.17 and with a market cap of $182 billion, XRP is gaining momentum. Analysts believe Ripple may strengthen its relations with other players in the industry, ensure regulatory compliance, and set indicators that the price of XRP will soar to $10. Ripple pioneered building blockchain payment networks and other existing infrastructures, which paved the way for the XRP token to break international boundaries into the mainstream economy. Ripple’s consolidation with legal entities further increased investor confidence in trading, and now, the technology allows for cheap transactions around the globe.
Conclusion
Investing $600 in these tokens guarantees a strong base encompassing Rexas Finance, MANTRA, Cardano, and Ripple. Together, these companies pave the way for a smart way to spend across the many specialties of asset tokenization, cross-border payment, and blockchain technology that reduces carbon emissions and innovation in DeFi. Each token is excellently positioned to ensure that these evolving trends pay off in transformative ways that ripple across the economy. Of these, Rexas Finance is a leader in innovative tokenizing of real-world assets, which is set to boom. With strong community support, successful presale results, and a clear roadmap, RXS is poised to become the best investment for those looking to transform small amounts of money into significant wealth.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Discover practical strategies to spot new memecoins before they go viral, including tracking launch platforms, analyzing social media trends and leveraging blockchain tools for early opportunities.
CryptoCurrency
HMRC to overhaul ‘scandalous system’ which has overtaxed thousands of pensioners by £1.37bn
HMRC is set to overhaul its “scandalous” tax system that has overcharged pensioners by £1.3billion since 2015.
The move comes after years of campaigning and frustration from savers who’ve had to fight for refunds.
The issue dates back to when Pension Freedoms were introduced in April 2015, allowing people with Defined Contribution pensions to withdraw their savings in chunks instead of locking it into a fixed income for life.
Unfortunately, HMRC applied “emergency tax codes” to these withdrawals, often resulting in pensioners being taxed far more than necessary.
As a result, over 470,000 people have had to claim refunds, totalling an eye-watering £1.37billion. In the past three months alone, nearly £50million has been repaid to more than 14,000 individuals.
HMRC has now given an update to the “scandalous system” in their ‘Pension Schemes Newsletter’, in an article called ‘helping customers get on the right pension pay faster”.
As a result, over 470,000 people have had to claim refunds, totaling an eye-watering £1.37 billion
GETTY
Steve Webb, partner at pension consultants LCP, has campaigned for change on the system for 10 years.
He said: “It is great news that at long last HMRC has listened to the voices of ordinary taxpayers and changed this scandalous system. For too long, hundreds of thousands of people have been overtaxed and had to jump through hoops to claim back their own money.”
HMRC has committed to replacing these outdated emergency tax codes with regular tax codes. This will ensure the correct amount of tax is deducted automatically in real-time.
This change promises to reduce the need for complicated year-end reconciliations and form-filling, especially for those making multiple withdrawals in a single year.
It’s a long-awaited win for pensioners, promising less hassle and more peace of mind when accessing their hard-earned savings.
Jon Greer, head of retirement policy at Quilter said: “HMRC’s latest figures reveal that pension tax overpayment refunds remain a significant issue, with over 14,600 repayment claims processed between October and December 2024, amounting to £49,514,458.
“This equates to an average refund of £3,390 per person. While these figures highlight an ongoing problem, HMRC’s plans to streamline tax coding from April 2025 are a welcome step towards reducing the administrative burden on savers and minimising overpayments in the first place.
“That said, the broader challenges of pension withdrawals persist. Many individuals are still accessing their pension savings to manage financial pressures.
“Such decisions, made in haste, could lead to unintended tax consequences and potentially compromise long-term financial plans.”
LATEST DEVELOPMENTS:
Greer warned that although HMRC’s planned reforms to update tax codes automatically for new pension withdrawals are a positive step, it’s unclear if they will fully fix the system’s issues.
The HMRC article said: “From April 2025 we are improving how tax code information is used for those people who are new to receiving a private pension, so they pay the right amount of tax from the outset.
“We will automatically update the tax code for customers who are on a temporary tax code and would benefit from being on a cumulative code — this means they’ll avoid an overpayment or underpayment at the end of the year.
“There is no need to contact HMRC and once a tax code has been changed we’ll inform customers by letter or digitally if they’ve signed up for paperless in the HMRC app or online.”
Webb explained this new system should mean that far more people are quickly moved on to the correct tax code and no longer end up with an overpayment of tax.
He added: “The tax system is complex enough as it is, and this change should hopefully reduce the complications which pension savers face when they try to access their hard-earned cash.”
Retirees are advised to seek professional financial advice to make tax-efficient withdrawals and avoid overpaying.
Until the reforms are fully in place, Greer explained there’s still a risk of overpayment and a complicated claims process to get money back.
He concluded: “While HMRC’s efforts are a good start, much more needs to be done to create a smoother system for savers.”
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Two Iranian cargo vessels carrying a crucial chemical ingredient for missile propellant will sail from China to Iran over the next few weeks, according to intelligence from security officials in two western countries.
The Iranian-flagged ships — the Golbon and the Jairan — are expected to carry more than 1,000 tonnes of sodium perchlorate, which is used to make ammonium perchlorate, the main ingredient for solid propellant for missiles.
Two of the officials said the sodium perchlorate could produce 960 tonnes of ammonium perchlorate, which makes up 70 per cent of the propellant for solid-fuel missiles. That amount of ammonium perchlorate could produce 1,300 tonnes of propellant, enough to fuel 260 mid-range Iranian missiles such as the Kheibar Shekan or Haj Qassem, the officials added.
Ammonium perchlorate is among chemicals controlled by the Missile Technology Export Control Regime, an international anti-proliferation body.
The chemicals were being shipped to the Islamic Revolutionary Guard Corps, the elite arm of the Iranian military, two of the officials said.
The two officials said 34 20-ft containers containing the chemical had been loaded onto the Golbon, which departed the Chinese island of Daishan on Tuesday. The Jairan is expected to depart China with 22 containers in early February. Both ships, which are owned by Iranian entities, were expected to make the three-week voyage to Iran without making any port calls, the officials said.
The officials said the chemicals were loaded onto the Golbon at Taicang, a port just north of Shanghai, and were destined for Bandar Abbas, a port in southern Iran on the Persian Gulf.
Based on data from vessel tracker Marine Traffic, the Golbon spent at least several days off Daishan island before leaving on Tuesday. Marine Traffic showed the Jairan about 75km south of Daishan off the coast of Ningbo in China’s Zhejiang province early on Wednesday.
The officials could not say if Beijing was aware of the shipments. The US and its allies have frequently criticised China for providing support for regimes from Tehran to Moscow.
The Chinese embassy in Washington said it was “not familiar” with the situation and that Beijing was committed to “maintaining peace and stability in the Middle East and Gulf region and actively promoting the political and diplomatic settlement of the Iranian nuclear issue”.
The Iranian government declined to comment.
Dennis Wilder, a former top CIA China analyst, said China had carried out extensive arms sales to Iran dating back to 1979, including supplying “Silkworm” anti-ship missiles in 1986 during the Iran-Iraq war.
“Since the early 1990s, China has assisted the Iranian military extensively with its ballistic missile development programme and has provided expertise, technology, parts, and training,” said Wilder, who is now at Georgetown University.
“China’s motivation for secretly assisting Iran today includes clandestinely helping Iran produce missiles for the Russian war effort [in Ukraine], cementing common cause against perceived US hegemonism . . . and Beijing’s purchase annually of large amounts of discounted Iranian crude oil.”
Washington has also criticised China for violating US sanctions by purchasing Iranian petroleum, but critics of the Biden administration say it did not do enough to enforce the sanctions.
The US has also increased pressure on Beijing over the past two years for not doing more to stop the shipment of dual-use items to Russia that have helped Moscow in its full-scale invasion of Ukraine. But the volume of shipments has shown little sign of falling.
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