Blockchain Press Releases
vivo Unveils Major Optics, Computing, and Algorithm Technologies at vivo 2023 Imaging Conference
vivo Unveils V3 chip with 6nm Processes, Powering 4K Cinema Portrait Mode
SHENZHEN, China, July 30, 2023 /PRNewswire/ — vivo today held this year’s Special Event of the 2023 vivo Imaging Conference in Xining, China, where it showcased a host of innovations in imaging technology. The company unveiled the V3 chip, a state-of-the-art 6nm customized V3 chip, as well as the latest algorithm technology. In addition, vivo revealed a periscope lens with the new “Vario-Apo-Sonnar” standards developed in partnership with ZEISS. During the event, vivo also announced the winners of the 2023 VISION+ Mobile PhotoAwards, with Indonesia photographer Jiehan Herry Saputro ‘s “Let Me Fly” crowned the Best Photograph of the Year.
Yu Meng, Vice President of vivo Imaging; Li Zhuo, Senior Director of vivo Imaging Products; Sebastian Döntgen, Head of Category Management, Marketing and Sales, ZEISS Consumer Products; Zhang Yan, Product Manager of vivo Imaging Performance; visual artists Gao Yuan and Duan Yueheng; Song Wen, Founder of FIRST International Film Festival; and Bertram Hönlinger, ZEISS Expert of Photography, attended the event to share their views on technological innovation and the future of mobile imaging.
“At vivo, we are committed to advancing ‘human-centric professional imaging’. To this end, we continuously enhance our expertise across optics, computing, and algorithm foundations to build imaging capabilities comparable to professional photography equipment. We aim to deliver the user experience of recreating what the human eye can see and make professional-grade imaging capabilities more accessible for everyone. In the future, vivo will stay committed to creating the best imaging technology and help users record life’s most precious moments,” said Mr. Yu Meng.
At a time when everyone can be a creator, vivo has been dedicated to providing exceptional user experience with innovative mobile imaging technology. From industry-outstanding imaging chips and algorithms to expanding technological boundaries in partnership with other industry leaders, vivo continues to make efforts to boost its image technology strengths and improve the user experience in any scenario.
Unveiling the latest V3 chip and algorithm technology
The brand’s latest V3 chip adopts a 6nm process and incorporates a newly designed multi-concurrent AI-ISP architecture and second-generation Frame Info Tunneling (FIT) technology. The technology upgrade delivers a superior user experience by enabling 4K cinema-like bokeh, automatic subject focus detection and switching, cinema-like skin optimization, and cinematic color processing. This makes vivo the first Android phone maker to enable 4K cinema-quality portrait video with post-processing functions.
In addition to the launch of the new V3 chip, vivo has also announced a composite algorithm matrix solution. The company’s new vivo Origin Imaging Engine (VOIE) enhances image quality, color, tone, and computing functionality by advancing the underlying algorithmic capabilities for three sub-modules: Color Restoration Engine, Ultra HD Engine, and Accelerated Computing Engine. vivo also developed the Hyper-Sense Portrait System and Vast-Sky Night System based on the common portrait and night scene user scenarios. Additionally, vivo has been continuously upgrading its algorithmic matrix and technological capabilities to ensure the best possible shooting experience in various scenarios.
Building a prosperous image ecosystem with joint innovation
vivo’s long-term partnership with optical pioneer ZEISS has led to breakthrough innovations for X series, from generation to generation proving ZEISS technologies and iconic optical designs were adapted for vivo’s flagships. ZEISS T* coating for superior optical quality and iconic ZEISS Style Portrait to name just a few.
At the event, vivo and ZEISS jointly announced a periscope lens design with the new “Vario-Apo-Sonnar” standards. APO design is considered to have the level of the industry’s top-quality control of chromatic aberration. For the very first time, the APO design will be adapted to a mobile imaging system enhancing a high performance zoom quality.
Further leveraging the floating lens group technology in the periscope lens, aiming to provide ultra-high resolution and enhanced focusing capability, to enable users to achieve excellent macro shooting outcomes. At the same time, it also has a creamy bokeh effect that allows the subject to be further emphasized.
The T* Coating is ZEISS’s signature technology for anti-reflective coating on optical surface. The co-engineered rear camera system in the vivo’s X series has achieved compliance with ZEISS T* Coating and reduced significantly unwanted lens flares in images under challenging lighting conditions such as nighttime, strong backlighting, and complex light sources.
For vivo’s upcoming X series flagship model, ZEISS T* Coating will be equipped with Multi-ALD technology to enhance further the image clarity, by reducing center reflectivity from 0.2% to 0.1% on the visible light spectrum. Compared with the previous generation of ALC coating, the reflectivity will be reduced by 50%.
In addition to product innovation and joint development, being user-oriented is in vivo’s and ZEISS’ joint belief. vivo is committed to further diversifying the cooperation with ZEISS, including co-organizing the 2023 VISION+ Mobile PhotoAwards.
Sebastian Döntgen, Head of Category Management, Marketing and Sales, ZEISS Consumer Products said: “At ZEISS, we have photography in our DNA. To invite and enable even more users worldwide to enjoy creativity through cutting-edge smartphone image technology, it was a logical step for us to co-organize the 2023 VISION+ Mobile PhotoAwards with vivo. The impressive results that we were able to experience again this year are a great acknowledgment of our partnership on imaging aspects.”
vivo has announced a deep collaboration with MediaTek for its X80 series. Additionally, vivo plans to team up with Sony for further collaboration on technologies such as 2-layer pixel (stack pixel) and HDR in the future. vivo will also actively expand joint innovation research by collaborating with more industry partners, and with educational institutes such as ETH Zurich and other universities, striving for technological breakthroughs and a more diversified and open mobile imaging ecosystem.
Creating professional portraits and the ultimate night scene experiences
vivo has formed a unique portrait style that blends clear texture, natural skin tones, and a balance of real and virtual effects across device iterations. In addition, the brand continues to research and develop 3D portrait technology with 3D facial reconstruction and virtual content.
To this end, vivo has relied on its imaging laboratory platform to establish a 3D image laboratory with a proprietary cinema-like optical field system, capable of reconstructing extremely delicate 3D models of human faces and producing highly realistic visual effects in virtual environments. Based on experience gained from past products and real-life business scenarios, the company’s 3D models achieve precise facial expressions, body postures and gestures.
These technologies have been developed with three user scenarios in mind: generative portrait style, generative portrait editing, and various portrait special effects. Users will be able to take photos that perfectly balance real and virtual effects, edit photos powered by texture reconstruction and lighting estimation algorithms and freely change the lighting, hair and facial expressions.
vivo has introduced enhancements to its technical capabilities in image quality, tone, and color for landscape shooting. The upgraded Vast-Sky Night System was designed to improve image quality and supply the most advanced quality solution for night scenes at all focal lengths. The upgraded SuperRAW technology offers exclusive parameter adjustment capabilities, meeting any professional imaging requirements for all focal lengths.
Based on VOIE, vivo has also introduced a True Color Night model powered by AI learning to the Night Sky Imaging System. This enhancement enables adaptive tone and color adjustments for night scenes and for night scenes with high contrast, a comprehensive night HDR solution has been introduced to tackle viewing issues in preview, shooting and display modes. In addition, the new XDR Photo 2.0 adds a highlight color preservation mechanism for light sources with high dynamic range and saturation at night. This improves the overexposure for highlights without affecting the color performance of the light source and preserves the night scene.
In the future, vivo will work together with Adobe, Apple, and Google to improve HDR photo standardization and overcome the inconsistent display of HDR photos on different devices—making vivo the only Chinese company involved in the development of the IOS standards for HDR photos.
On top of vivo’s original distinctive colors and ZEISS Natural Color, vivo’s team has launched a series of rich and personalized colors, drawing inspiration from classic photography techniques, classic films, and masterworks.
2023 vivo VISION+ Mobile PhotoAwards Winners
During this year’s Special Event at the Imaging Conference, vivo also announced the winners of this year’s VISION+ Mobile PhotoAwards. The top award went to Jiehan Herry Saputro ‘s “Let Me Fly”, which is crowned the Best Photograph of the Year. In addition, the competition included awards in six categories: Portrait, Photo Series, Night, Landscape, Motion, and News. Two special awards were also announced: the X90 Series Best Photograph Award and the ZEISS Professional Imaging Award.
Since its inaugural launch in 2020, the VISION+ Mobile PhotoAwards program has received nearly one million submissions from over 40 countries and regions. This year, vivo received submissions from India, Malaysia, Indonesia, Myanmar, and many other countries and regions.
Note: Please be aware that some of the features and technologies mentioned in this press release may currently only be available in the Chinese Mainland market. The availability of certain capabilities and functions may vary depending on your location.
About vivo
vivo is a technology company that creates great products based on a design-driven value, with smart devices and intelligent services as its core. The company aims to build a bridge between humans and the digital world. Through unique creativity, vivo provides users with an increasingly convenient mobile and digital life. Following the company’s core values, which include Benfen*, user-orientation, design-driven value, continuous learning and team spirit, vivo has implemented a sustainable development strategy with the vision of developing into a healthier, more sustainable world-class corporation.
While bringing together and developing the best local talents to deliver excellence, vivo is supported by a network of R&D centers in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Xi’an and more cities, focusing on the development of state-of-the-art consumer technologies, including 5G, artificial intelligence, industrial design, imaging system and other up-and-coming technologies. vivo has also set up an intelligent manufacturing network (including those authorized by vivo), with an annual production capacity of nearly 200 million smartphones. As of now, vivo has branched out its sales network across more than 60 countries and regions, and is loved by more than 500 million users worldwide.
*”Benfen” is a term describing the attitude on doing the right things and doing things right – which is the ideal description of vivo’s mission to create value for society.
Stay informed of latest vivo news at https://www.vivo.com/en/about-vivo/news
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SHANGHAI, March 18, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exchange-traded fund (ETF) tracks the Bitwise Bitcoin Standard Index, providing investors with exposure to forward-looking publicly traded corporations holding a minimum of 1,000 Bitcoins on their balance sheets.
“We are proud to be included in the recently launched Bitwise Bitcoin Standard Corporations ETF. Our inclusion highlights the industry’s acknowledgement of our strategic pivot to Bitcoin mining and significant achievements in such a short time,” said Mr. Jiayuan Lin, Chief Executive Officer of Cango. “As a forward-looking company, our future-ready business model ensures we are well-positioned for sustained growth, global expansion, and operational flexibility in the Bitcoin mining sector in 2025 and beyond.”
Since transitioning to a capital-light Bitcoin mining model in Q4 2024, Cango has achieved a number of milestones, including leading the industry in productivity per hash rate with 17.81 Bitcoin per EH/s and securing a hashrate of 32 EH/s, ranking 3rd globally.
About Cango Inc.
Cango Inc. (NYSE: CANG) primarily operates a leading Bitcoin mining business. Headquartered in Shanghai, China, Cango has deployed its mining operation across strategic locations including North America, Middle East, South America, and East Africa. Cango expanded into the crypto assets market in November 2024, driven by the development in blockchain technology, increasing prevalence of crypto assets and its endeavor to diversify its business. Meanwhile, Cango has continued to operate the automotive transaction service in China since 2010, aiming to make car purchases simple and enjoyable. For more information, please visit: www.cangoonline.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Cango’s goal and strategies; Cango’s expansion plans; Cango’s future business development, financial condition and results of operations; Cango’s expectations regarding demand for, and market acceptance of, its solutions and services; Cango’s expectations regarding keeping and strengthening its relationships with dealers, financial institutions, car buyers and other platform participants; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: [email protected]
Helen Wu
Piacente Financial Communications
Tel: +86 10 6508 0677
Email: [email protected]
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Blockchain Press Releases
BingX Levels Up Trading Experience with CScalp’s Advanced Features & Fee Discounts
PANAMA CITY, Panama, March 18, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its integration with CScalp, a free and powerful trading terminal designed for active cryptocurrency and futures traders. This partnership aims to provide BingX users with advanced trading tools and a seamless trading experience across multiple exchanges.
CScalp is renowned for its robust features tailored for scalping and intraday trading. The platform allows traders to operate across multiple exchanges and trade different instruments within a single interface. Its user-friendly interface and comprehensive tools are optimized for quick market analysis, one-click order placement, and efficient position management.
With this integration, BingX users can now leverage CScalp’s capabilities to enhance their trading strategies. The platform’s features, such as multi-account management, stable connection, and customizable workspace, will enable users to execute trades more efficiently and effectively. BingX users can also benefit from discounts on exchange fees, access to trading signals, and an active trader community, fostering a more informed and cost-effective trading experience.
“We are thrilled to integrate BingX with CScalp, providing our users with a powerful tool to enhance their trading experience”, said Vivien Lin, Chief Product Officer of BingX. “This collaboration underscores our commitment to offering innovative solutions that cater to the diverse needs of our trading community.”
This integration not only benefits individual traders but also strengthens BingX’s position in the market by offering a more versatile and user-centric platform. By aligning with CScalp, BingX continues to demonstrate its dedication to providing cutting-edge tools and services that empower its users to navigate the dynamic cryptocurrency trading landscape with confidence.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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Blockchain Press Releases
HTX Ventures: Striking a Balance between Compliance and Innovation in a Shifting Regulatory Landscape
SINGAPORE, March 18, 2025 /PRNewswire/ — HTX, a leading crypto exchange, has been ranked as the “Top 3 Exchanges for EUR-Stablecoin Trading Activity” in a recent CoinDesk report titled “MiCAR: The Institutional Playbook for Europe’s Digital Asset Market“. The report explores key trends shaping the European digital asset market with the implementation of Markets in Crypto-Assets Regulation (MiCAR) and highlights that HTX achieved a monthly average EUR-stablecoin trading volume of €48 million, with a notable volume of €33 million in November 2024, ranking third following Binance and Coinbase.
This surge in EUR-denominated trading coincides with the regulatory shifts. Regulatory clarity has become a key driver of institutional adoption and market confidence. The full rollout of MiCAR represents a major milestone for the industry, offering a unified framework that spans across 27 European Union (EU) member states. While MiCAR streamlines compliance and fosters innovation, it also brings along complex challenges that exchanges must navigate. HTX Ventures explores both the opportunities and hurdles that come with this landmark regulation.
Alec Goh, Head of HTX Ventures, said, “The implementation of MiCAR is a major step in the right direction for the crypto industry, providing much-needed regulatory clarity and fostering an environment conducive to institutional adoption. As jurisdictions worldwide become more crypto-friendly, a united framework like MiCAR will accelerate innovation while ensuring robust compliance. At HTX Ventures, we see this as an opportunity to drive the development of on-chain compliance tools, support the emergence of compliant DeFi solutions, and bridge the gap between traditional finance and digital assets.”
Opportunities:
- Unified Regulatory Framework Reduces Costs and Boosts Market Confidence
MiCAR covers all 27 EU member states through a “single license” approach, enabling exchanges to significantly reduce compliance costs across borders. This unified regulatory framework provides a clear and stable regulatory environment for the market, increasing confidence and participation among institutional investors while positioning Europe to becoming the world’s largest compliant digital asset market. - Technological Innovations Drive On-Chain Compliance Tools
To meet MiCAR’s stringent anti-money laundering (AML) and reserve monitoring requirements, exchanges can actively explore compliance tool innovations, including:- Using oracle networks to modularize AML rules and reserve monitoring, executing them on-chain for real-time data transparency.
- Adopting zk-SNARKs to build an on-chain central platform for regulatory data, enabling transaction data desensitization to balance regulatory transparency with user privacy.
- Leveraging account abstraction technology (ERC-4337) to integrate KYC processes into non-custodial wallets, lowering barriers for traditional financial institutions to access DeFi.
- New Opportunities for the Convergence of Traditional and Crypto Assets
With platforms such as Coinbase launching securitized tokens, exchanges can introduce real-world asset (RWA) trading. This includes income-based stablecoins backed by US stocks or Treasuries, enabling users to leverage assets like USDT for multi-asset allocation and global liquidity matching.
Challenges:
- High Costs and Technical Complexity of Compliance
MiCAR imposes strict requirements on stablecoin issuers and Crypto Asset Service Providers (CASPs), including adequate reserves, regular audits, and robust anti-money laundering measures. Exchanges must invest significantly in R&D to integrate compliance tools, data desensitization techniques, and on-chain regulatory platforms without compromising market fluidity.
- Uncertainty in the Dynamic Policy Environment
With regulatory policies evolving rapidly, exchanges must establish multi-chain testing environments and collaborate with regulatory-friendly regions (e.g., Lithuania, Malta) for cross-border stress tests and regulatory scenario simulations. This requires continuous investment, with risks at the policy interpretation and implementation levels.
- Security Risks and Stringent Custody Requirements
Following high-profile incidents like FTX, MiCAR has introduced rigorous digital asset custody requirements, mandating bank-level security measures to prevent hacking and asset loss. As DeFi integrates with traditional financial regulations, exchanges must address both technical vulnerabilities and evolving security risks.
HTX Ventures firmly believes that under a clearer regulatory framework such as MiCAR, exchanges can achieve a win-win situation through technological innovations and global asset allocation, balancing compliance with market innovation. Moving forward, the firm will continue to leverage its insights and expertise to actively explore on-chain compliance tools, expand RWA trading, and build a dynamic testing environment, navigating regulatory complexities and ensuring that crypto innovation remains aligned with long-term institutional adoption and market sustainability.
– End –
About HTX Ventures
HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.
HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us here.
Feel free to contact us for investment and collaboration at [email protected].
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
For more information on HTX, please visit the HTX Square, or https://www.htx.com/, and follow X, Telegram, Discord. For further press enquiries, please contact [email protected].
View original content:https://www.prnewswire.co.uk/news-releases/htx-ventures-striking-a-balance-between-compliance-and-innovation-in-a-shifting-regulatory-landscape-302404319.html
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