Spatial Computing is emerging as a revolutionary technology that promises to radically transform our experience with the digital world. This innovation is based on the ability to unite the physical and digital world through the use of sensors, cameras and advanced algorithms. It is an evolutionary project that is part of the famous digital transformation that we are already experiencing since the introduction of the first personal computers.

Exploring the potential of Spatial Computing

Spatial Computing opens the door to a world of possibilities where the digital world blends harmoniously with the physical. This has the potential to enhance many facets of our daily life, from education to medicine, to entertainment and beyond.

One of the main applications of Spatial Computing is Augmented Reality (AR), which overlaps digital elements to the real world. This has a significant impact in areas such as gaming, education and medicine, enabling more immersive and informative experiences. It allows you to interact naturally with the digital environment. Gestures, movements and voice commands are recognized and translated into digital actions.

The applications of Spatial Computing

Spatial Computing is revolutionizing e-commerce by allowing shoppers to "try" products digitally before buying, improving the online shopping experience. It is also revolutionizing the construction industry, allowing designers and workers to visualize design changes in real time and improve the accuracy of construction.

Its contribution also leaves companies to meet the needs of billions of citizens. Spatial Computing technologies make it possible to improve navigation, both for drivers with augmented reality in car windscreens, and for pedestrians through digital information integrated into their visions.
It is also critical in medicine, allowing surgeons to overlay vital data directly on the patient during operations, improving accuracy and safety.

Virtual Transformation: the turning point in the interaction between the physical and digital world

But what are the tools that allow us to achieve all this? In terms of Spatial Computing, we can convert virtually any physical object into a hologram, giving rise to what we call "Virtual Transformation". This represents a new phase in the evolution of the digital transition, involving a wide range of objects. Virtual Transformation is redefining the way we interact with the world. This innovative technology allows us to transform physical objects into holograms, opening up new possibilities in the digital landscape.
Through the concept of metaverse, Virtual Transformation is taking 3D reality to the next level. Spatial Computing transforms environments, individuals, and physical objects into data, enabling more immersive experiences.

However, the real breakthrough does not lie in the complete virtualization of the physical world, but rather in the harmonious integration between virtual and real elements. With Virtual Transformation devices, we can interact with virtual objects as we move in the real world, opening up new perspectives for technological innovation.

Thanks to the innovative Spatial Computing devices, it will be possible to walk the streets interacting with virtual objects visible only through specific equipment, similar to the integration of smartphones in our daily habits in the early 2000s.

The report of the Antimafia Investigation Directorate highlights a growing interest of criminal organizations in encrypted communication platforms, the internet and the darkweb in the second half of 2022. Europol had already pointed out the potential problems linked to this new scenario. Mafias are gradually abandoning the use of violence, increasingly focusing their efforts on business and investment, especially in areas of the country affected by serious economic difficulties. The report stresses that the clans have adopted silent infiltration strategies and corrupt practices, reducing the use of violence and intimidation.

The mafias, thanks to the accumulated capital from their traditional illegal activities, are shifting their attention to entrepreneurial and commercial sectors. These new operating modalities aim to strengthen the associative ties, looking for profits and consents, exploiting the economic difficulties of some zones. "These are 'ways of working' where we try both to strengthen the associative ties through the pursuit of profit and the search for consensus taking advantage of the strong economic suffering that characterizes some areas - reads -, both to keep up with the most advanced investment strategies, managing to seize the opportunities offered by national and community public funds (Recovery Fund and Pnrr)".


On September 12, 2023, a financial movement totalling USDT 69 million emerged on blockchain, with management from Tether Treasury to Bitfinex. This event is a transaction on the Tron network that occurred between one of the public addresses associated with Tether and one connected to the Bitfinex cryptocurrency exchange. Both companies are part of the iFinex conglomerate, with Bitfinex serving as the main trading platform for USDT, which is the preferred location for such tokens in cryptocurrency markets.

Not one but two transitions

It cannot be denied that this transaction went unnoticed, as the financial entity involved is not particularly relevant. Considering that Bitfinex is the operating arm of the iFinex group used by Tether to introduce their stablecoins in cryptocurrency markets, this transaction could be just one of many with which Tether distributes USDT on the markets.

However, the problem surfaced shortly after this first transaction, when they executed a second financial move. This second transaction covered the same amount as the previous one, but in the opposite direction, representing a transfer of 69 million USDT from Bitfinex to Tether Treasury. The two transactions were executed with an interval of about twenty minutes from each other.

A significant detail indicates that Bitfinex made a conversion of Ethereum's ERC-20 token to Tron's TRC-20 token during this second transaction on the Ethereum network. Please note that Tether issued USDT tokens on the Tron network as a result of the Ethereum network's increased slowness and substantial commissions. By way of example, the first transaction, made on the Tron network by Tether to Bitfinex, resulted in practically zero fees, while the second transaction, carried out on the Ethereum network by Bitfinex to Tether, cost 0,0046121 ETH, equal to more than 7$.

SOURCE: Cryptonomist


Ripple, one of the most discussed and innovative cryptocurrencies in recent years, is rapidly gaining popularity in the world of digital finance. Unlike Bitcoin, Ripple does not aim to replace traditional currencies, but rather to revolutionize the international payments industry. He’s doing it with acquisitions and expansions.

Ripple and the XPR system

Ripple is a real-time funds transfer system, a network for currency exchanges and remittances, created in 2012 by Ripple Labs, at the time OpenCoin. The system name is Ripple Transaction Protocol, RTXP
Ripple’s defining feature is its payment protocol, known as the XRP Ledger, which enables fast, low-cost transactions on a global scale. This system is particularly attractive for banks and financial institutions seeking to improve the efficiency of their cross-border payments.

Another key aspect of Ripple is its native cryptocurrency, XRP. This digital currency can be used to facilitate transactions on XRP Ledger and can also be traded on various cryptocurrency platforms. Its almost instant transaction speed and minimal costs make it a promising choice for international money transfers.

Like many other crypto companies, Ripple had to clash with SEC. In two out of three cases, however, the transfer of funds system prevailed.

The growth of Ripple

Ripple is playing an increasingly important role in the cryptocurrency industry, aiming to revolutionize global payments through its advanced technology and XRP. It has recently been the focus of attention thanks to its initiative known as the University Blockchain Research Initiative (UBRI). The novelty regards the involvement of four new European university institutions, with a total financing of 11 million dollars distributed over the last five years.

In addition, the acquisition by Ripple of Fortress Trust, a financial institution that provides financial, regulatory and technological infrastructure Web3 and blockchain.

Prior to this market transaction, the company had purchased for 250 million dollars Metaco, crypto custody service provider. With these acquisitions Ripple would be aiming to obtain regulatory licenses in several countries around the world. With Fortress Trust has managed to expand in Nevada, while, thanks to its previous associations owns over 30 licenses in the USA, including New York and outside the American continent holds the license Major Payment Institution in-principle by the Monetary Authority of Singapore, the central bank of the country.

Attention to the environment

Ripple also carries out a fight in favor of eco-sustainability, a topic strongly debated in the crypto field and that is often countered when talking about Bitcoin. This struggle also involved key figures related to Ripple, such as Chris Larsen, who supported third-party causes financially. One example is Greenpeace USA’s "Change the Code" campaign.

However, this campaign did not gain much sympathy for the Ripple group. Although Ripple is actually environmentally conscious, the idea of replacing the Bitcoin consensus mechanism must be seen as a marketing move rather than an essential part of Ripple’s business. Fortunately, this idea is not what really defines Ripple’s core business.

Ripple (XRP) continues its expansion into the crypto industry, acquiring the Fortress Trust, a financial institution that provides financial, regulatory and technological infrastructure Web3 licensed for blockchain innovators. The importance of this acquisition also lies in the fact that Fortress Trust owns a Nevada Trust license.

Specifically, the new company acquired by Ripple also provides a critical infrastructure to address the growing business cryptocurrency market. These solutions integrate with Ripple’s product and business roadmap.

SOURCE: Cryptonomist

Coinbase launched in India on April 7, 2022, but it halted payment services via the United Payments Interface (UPI) on April 11, 2022, in response to pressure from local regulators. However, at the time of publication, Coinbase’s Indian users are only able to exchange cryptos in their accounts. After a few months, the exchange clarified its plan to cease Indian operations amid spreading news. Techcrunch and Economic Times reported Coinbase India's emails instructing users to withdraw funds by September 25 due to service discontinuation.

Coinbase clarifies the situation in India

The news was picked up on X by Wu Blochain.

“Coinbase said in an email that it would stop providing all trading services to users in India after September 25 and advised users to withdraw all funds in their accounts. Additionally, Coinbase has banned Indian users from registering on the exchange, advising them to download Coinbase Wallet instead. Coinbase has long faced regulatory pressure in India, prompting the departure of at least two top executives”. 

Later, they discovered that the warning didn't apply to all Indian customers but to those who had violated exchange standards. This is stated in the communiqué shared by a spokesman of Coinbase with Cointelegraph.

"It is possible that during the recent routine review of our systems, some accounts that no longer meet our updated standards have been identified. Therefore, we will disable these accounts and allow customers to update their information later. Please note that this has no impact on your access/use of Coinbase Cloud services, which will continue to be accessible through your account".

SOURCE: Cointelegraph


El Salvador, a small nation in Central America, made history by becoming the first country in the world to adopt a cryptocurrency as legal tender. On September 7, 2021, the Legislative Assembly of El Salvador approved the "Bitcoin Law," which made Bitcoin (BTC) an accepted medium of payment at all economic levels. And now launched a project aimed at training teachers on the topic Bitcoin

El Salvador's embrace of Bitcoin stems from President Nayib Bukele's affinity for the cryptocurrency

He sees cryptocurrencies as an opportunity to promote financial inclusion and stimulate economic growth. For decades, El Salvador has faced challenges of limited financial inclusion, with a significant portion of the population excluded from traditional banking services. The adoption of Bitcoin as legal tender aims to improve access to financial services and promote technological innovation in the country.

However, this decision has not been without controversy. Many cryptocurrency experts and economists have raised concerns about the volatility of Bitcoin and the potential risks to El Salvador's financial stability. Following the announcement of Bitcoin's adoption as legal tender, the value of BTC plummeted, causing uncertainty among the Salvadoran population.

Measures implemented

Despite the concerns, the government of El Salvador has taken measures to mitigate the negative effects of cryptocurrency volatility. They have created the "Chivo Wallet," a mobile application that enables citizens to transact in Bitcoin and automatically convert cryptocurrencies into US dollars. Additionally, the government has established a $150 million fund to provide insurance coverage for businesses that accept Bitcoin as a form of payment.

Furthermore, on January 11, 2023, with 62 votes in favor and 16 against, El Salvador approved the "Volcano Bond," a law that provides the legal framework for the issuance of a bond backed by Bitcoin. According to crypto exchange Bitfinex, the purpose of the bond is to help the country:

The name of the bond is derived from the location where Bitcoin City will be built near the Conchagua volcano, which will harness geothermal energy to power the crypto-mining hub. The law not only pertains to Bitcoin but also applies to other digital assets. Additionally, it includes regulations on bonds and reforms related to security and protection against scams.

El Salvador appoints a cryptocurrency economic advisor

Following the January law, the Latin American country took a further step forward by appointing Dr. Saifedean Ammous, author of the book "The Bitcoin Standard," as an economic advisor to the National Bitcoin Office of El Salvador. The Austrian economist joined the team as a consultant on economic policy matters.

Supporters of El Salvador's project

The adoption of Bitcoin as legal tender has also led to increased interest in cryptocurrencies worldwide. Some countries have begun considering the idea of adopting similar cryptocurrencies, while crypto businesses are exploring investment and expansion opportunities in the Salvadoran market.

Despite initial challenges and uncertainties, El Salvador remains committed to promoting the use of cryptocurrencies as a tool for financial inclusion and economic growth. And not only has it inspired other countries, it has also convinced many companies to invest in their country’s cryptocurrency.

The recent challenges posed by high fees on blockchain transactions, in fact, have not stopped Bitcoin Fold, a bitcoin rewards company, to open an office in El Salvador. This expansion marks the recognition of the region’s potential within cryptocurrencies.

El salvador announced a pilot program "which could bring Bitcoin education to every school"

Not content with the already numerous advances made to tie the country to the crypto economy, on the second anniversary of the so-called Bitcoin Law the Ministry of Education of El Salvador announced that it has launched a pilot program "which could bring Bitcoin education to every school in the country in 2024."

The program launched with the support of the projects "My First Bitcoin" (Mi Primer Bitcoin) and "Bitcoin Beach", plans to train 150 public school teachers on the topic Bitcoin. These teachers will return to their schools across the country to pass on the knowledge to the students.

Ethereum, the blockchain platform that is transforming our world, has taken a further step towards a future where possibilities are endless and boundaries are pushed further and further. The platform created and marketed 50 smartphones, equipped with the operating system ethos that were sold in just 24 hours.

Ethereum: the revolutionary innovation behind blockchain

Ethereum is one of the most extraordinary innovations in the world of technology and finance in recent years. Founded by Vitalik Buterin in 2015, Ethereum is a decentralized blockchain platform that has greatly expanded the original concept of blockchain, introducing capabilities and capabilities that go far beyond the simple exchange of cryptocurrencies.

Among the latest innovations launched on the market is the operating system based on blockchain ethos.

ethos: maximizes the potential of Mining Rig

ethos is a specialized operating system designed specifically to simplify the mining of cryptocurrencies Ethereum. With an intuitive user interface and a host of advanced features, ethos has become an indispensable tool for cryptocurrency miners around the world. Here is an analysis of its main features:

ethos is designed to be easily managed remotely. You can control and monitor your mining rigs from anywhere using an internet connection. This feature is especially useful for users who manage multiple devices.

To install and configure the operating system just create a boot image, put it in the mining rig and boot the system. ethos is preconfigured for mining ethereum and other popular cryptocurrencies, so no complicated setup is required.

ethos offers a number of real-time performance monitoring tools. You can keep an eye on the temperature of the graphics cards, power consumption and mining statistics. This allows you to optimize operations to maximize performance and reduce the risk of overheating.

To get the most out of graphics cards, ethos offers the ability to overclock securely. It allows you to adjust the power of the GPUs to get a higher hash rate, but ethos also warns you of the potential risks of overheating to avoid hardware damage.

ethos supports the mining of different cryptocurrencies, allowing you to vary the mining activity according to market conditions. You can easily switch from Ethereum to other coins like Zcash or Monero without having to reinstall the operating system.

The success of Ethereum Phone

As a further move Ethereum decided to market a smartphone already equipped with the operating system ethos. These are 50 devices, "Ethereum Phone" based on the Google Pixel 7 customized. These devices incorporate a lightweight Ethereum client, allowing the ethos to independently validate blocks and thus help turn the phone into a lightweight node within the blockchain platform network.

In order to purchase one of the 50 devices available in advance, buyers had to obtain a non fungible ethos token, which was later destroyed to book the phone.

The success of the pre-sale was such that some of these tokens ethos not fungible (NFT) were sold on OpenSea at a value of 3 ETH, corresponding to about 5,000 dollars, ten times the price of a Google Pixel 7a standard sold at 499 dollars in the United States. Of course there was no lack of scam attempts.

It is a remarkable success, that position Ethereum Phone in the third step of the podium in the ranking of Web3 smartphones. Only MetaVertu and Solana lead with Saga.

Lights are shining for the second edition of the Detroit Month of Design, a promising event set to capture everyone's imagination. This year, the Consulate of Italy in Detroit and the Dante Alighieri Society of Michigan proudly present the "LoveITDetroit" project. More remarkably, it won the Ministry of Foreign Affairs competition for the "City of Italian Creativity Worldwide." It offers innovation, sustainability, a dedicated installation, 12 must-attend sector-specific events, and an engaging metaverse. Don't miss the magic of the "Fashion Panorama - The Italian New Wave" exhibition, created in collaboration with Vogue Italy.

Exploring Detroit Month of Design 2023: art, culture, and innovation in an extraordinary month of design

From September 1st to 30th, a creative oasis opens to all at 1001 Woodward Ave, in the heart of Campus Martius, voted this year as the best square in the United States. The installation is open from 11 am to 6 pm, offering access to a world of innovation and design.

This unique space will host no fewer than 12 live events, spanning from sustainable mobility to fashion, aerospace to wine, opera to cinema, with prominent speakers both local and from Italy. On September 1st, the Detroit Month of Design kicks off, a tribute to the city's uniqueness as the only city in America with the UNESCO title of "City of Design."

In celebration of this, the Consulate of Italy in Detroit, represented by Consul Allegra Baistrocchi, has reaffirmed Ludovica Serafini and Roberto Palomba as Ambassadors of Italian Design in the World and curators of the physical exhibition. The 2023 edition of LoveITDetroit aims to capture international attention, elevating the essence of Made in Italy. The installation emphasizes Italian companies' sustainability commitment, merging tradition with a greener future, showcasing design's transformative power. Get ready for a month of extraordinary design where art, culture, and innovation converge.

LoveITDetroit 3.0: Italian fashion in the metaverse

This year, Italian design in Detroit merges the physical and virtual worlds in a captivating celebration. The metaverse hosts a captivating exhibition by Wedoo, set in Ludovica and Roberto Palomba's unique space design. LoveITDetroit 3.0 surpasses earlier versions, exploring beyond Made in Italy (1.0) and the Rome Modern Art Gallery exhibit (2.0). Now, we present "Fashion Panorama - The Italian New Wave," a project by the Ministry of Foreign Affairs and International Cooperation in collaboration with Vogue Italy.

Showcasing modern Italian fashion via 10 innovative brands like ACT N°1, Gisèle Claudia Ntsama, Cormio, and more. They redefine craftsmanship, connecting with Italy's creative industries in unique ways. Uniquely, they address the challenges and crucial themes of contemporary society.

Creative excellence and sustainability

Spaces will shine with exciting stories of Italian creativity and sustainability. Discover Verginer's wooden art and Chiara Taiariol's glass creations. Explore textile wonders from Dolcevita, Orange Fiber, and Rada, transforming recycled materials into masterpieces. And then there's Stella Jean, the designer who masterfully blends sustainability with the fight for social justice.

The opening event honors Kartell's green shift, marking the 20th anniversary of "Louis Ghost" chair (60% less pollution now). Six Detroit artists will bring these Kartell pieces to life, creating an exciting live art show. The chairs, once transformed into artworks, will be exhibited throughout the month and auctioned for charity.

In September, all energy used for the event, including installation, in-person events, and metaverse servers, is 100% renewable. Thanks to MIGreenPower by DTE Energy, supported by Bedrock, the event is eco-friendly.

The project presented by the organizers

The exhibition embodies the spirit of blending that characterizes Palomba Serafini Associati, described in the words of Ludovica and Roberto Palomba: "We can define our approach to design as 'holistic.' We develop every detail, focusing on the overall image because in the end, all the individual elements of design - like voices in a choir - come together into a single identity."

"We are proud to participate in the beautiful LoveITDetroit initiative with Fashion Panorama - The Italian New Wave, confirming Vogue Italy's commitment to creating bridges and synergies between our country and the rest of the world. The main goal of the traveling exhibition is to tell the many stories of Made in Italy that make us proud today, demonstrating that there is fertile ground thanks to the work of young designers, each with their own unique creativity and insights, yet united by common values and a desire to build the future." Francesca Ragazzi - Head of Editorial Content at Vogue Italy.

Words from Consul Baistrocchi: "LoveITDetroit will once again become an international showcase for Italian excellence, helping to spread the importance of a sustainable approach in the creative industry and inspiring best practices from Italy, integrating tradition and craftsmanship with technology and innovation. For the love of Italy. For the love of Detroit. And for the love of design!"

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