Consob has blocked more illegal websites: 1,853 since 2019, and 242 of them involve crypto-assets. We review the October notices and look at the red flags of five websites with impossible names. Then we see how to check a provider, spot cloned websites and what to do if you’ve been scammed.
The Dutch central bank has authorized Qivalis, the company owned by 37 European banks (including UniCredit, Intesa Sanpaolo, BPER and Banca Sella) that will issue a euro stablecoin. The token isn’t in circulation yet. Let’s see how it differs from the digital euro, who will be able to use it and what protections MiCA provides.
Some Ledgers sold by the Asian reseller CryptoBilis hid a spy chip that read the 24 words of the recovery phrase and sent them over the mobile network. Let’s see how the attack works, what to do if you own a Ledger, why MediaWorld pulled two models and what the Cyber Resilience Act says.
The piece discusses the risks of using cryptocurrency exchanges, highlighting recent incidents that involved thefts and security failures. It suggests keeping only limited funds on exchanges, while it is preferable to hold most cryptocurrencies in personal wallets, where only the user has control.
The analysis compares the USDT and USDC stablecoins, highlighting their significant differences in terms of issuers, transparency and liquidity. While USDC is more compliant and transparent, USDT wins on reach and liquidity. In Europe, regulation has limited access to USDT, making USDC the preferred choice for regulated platforms.
In the coming years, Web3 could become populated by artificial intelligence agents using stablecoins to make payments. This shift calls for understanding the difference between paying for services and paying network fees. The x402 protocol will enable instant, hassle-free payments, transforming the digital economy.
Over the past three years, the crypto market has become increasingly concentrated: the top ten now controls 90-92% of total capitalization. Bitcoin and Ethereum remain dominant, while Cardano has dropped out of the ranking. The market’s maturing reflects dynamics similar to traditional markets, with a small number of players capturing the value.
Il Digital Euro è una moneta digitale progettata dall’Eurosistema per modernizzare il denaro pubblico in Europa. Sarà utilizzato principalmente per pagamenti retail, offrendo transazioni sicure e a basso costo. Parallelamente, i progetti Pontes e Appia svilupperanno soluzioni wholesale per la tokenizzazione degli asset finanziari, mantenendo il controllo centralizzato.
A cryptocurrency airdrop is a mechanism where cryptocurrencies are distributed for free, primarily as a marketing strategy to promote projects and increase user engagement in a crowded market. Various airdrop types exist, including standard, holder, task-based, retroactive, and exclusive airdrops, each serving distinct promotional purposes.
The post discusses the launch of meme-coins such as Trump$ and Melania$, as well as Fabrizio Corona’s $Corona, by public figures. While creating these cryptocurrencies is simple, making the tokens tradable is more complex. It points out that meme-coins have no blockchain of their own but rely on existing ones, raising doubts about the wisdom of such initiatives and their appeal to investors.
XRP is a unique cryptocurrency, launched in 2013 by Ripple Inc., which differs from Bitcoin and the like in its consensus protocol that requires no mining. With fast, scalable transaction validation, XRP is often considered an alternative to Swift for international transfers. However, its centralized management by Ripple Inc. raises transparency concerns, complicated by the SEC lawsuit.
The global crypto community eagerly anticipates a bull run akin to the growth of 2020/21, despite current uncertainty and lack of concrete predictions. The next Bitcoin halving may influence future prices, but historical patterns suggest modest growth. The role of cryptocurrencies in decentralized blockchains remains crucial for long-term appreciation, despite potential speculative volatility.
