Legal disclaimer

1. The purpose of this site

The material published on the site bitcoinhyper.nz is provided for information, education and explanation only. It is not financial, investment, tax or legal advice, nor is it a solicitation of public savings, a personal recommendation, an offer of financial products or advertising within the meaning of the applicable Italian and European law, including Regulation (EU) 2023/1114 (MiCA).

This site is an independent editorial knowledge base: a collection of technical analysis, comparative material, glossaries and regulatory documents, built on the due diligence method used in Michele Stefanelli's book Due Diligence of a Layer 2 – The Bitcoin Hyper Case (Volume I, first edition, July 2026).

2. The risks of crypto-assets

Crypto-assets — the $HYPER token among them — are highly speculative, high-risk instruments, characterised principally by the following risk profile:

• Extreme price volatility, with the possible loss of the entire capital invested, and over very short periods
• Liquidity risk: the inability to sell the token at reference prices, or, in the extreme, not to be able to sell it at all
• Technology risk: smart contract vulnerabilities, faults in the rollup, attacks on the bridge and abuse of the virtual machine
• Custody risk: a bridge that operates initially with centralised or federated custody, a centralised sequencer at launch, and forced exit still in development
• Regulatory risk: the possible classification of the token as a financial instrument, restrictions or prohibitions in some jurisdictions, and the absence of authorisation for activity reserved to crypto-asset service providers under Regulation (EU) 2023/1114
• Counterparty risk: an opaque issuer, a professional registered agent and a managing director who cannot be verified from independent public sources
• Execution risk: the gap between marketing promises and the documented technical specification, and the time to mainnet, which has not been publicly fixed to firm dates

Readers are encouraged to carry out their own independent checks and, where appropriate, to consult an independent financial adviser entered in the autonomous financial advisers section of the OCF register, or another suitably qualified professional.

3. Warnings from the competent authorities

The issuer of $HYPER, Sentinum Ltd. (British Virgin Islands, registration number 2182846), is the subject of a warning published by CNMV (Spain's Comisión Nacional del Mercado de Valores) on 19 January 2026 under Regulation (EU) 2023/1114 (MiCA). The warning states that the names Bitcoin Hyper, Sentinum Ltd. and Bitcoinhyper Ltd., and the domains bitcoinhyper.com and bitcoinhyper.ltd, are not authorised for the activity reserved to crypto-asset service providers, which requires prior authorisation under Article 59 of Regulation (EU) 2023/1114.

For the full documentation and the practical implications for investors, see the page set aside for it: Issuer profile and regulatory warnings →

4. The author's position

Michele Stefanelli, author of the book and editor of the site, declares the following:

• Professional independence: the author is an independent financial adviser entered in the autonomous financial advisers section of the OCF register (fee-only model), and receives no remuneration from issuers of financial products or crypto-assets in the form of rebates, sales commission or price concessions.
• Relationship with the issuer: the author has no financial, contractual, advisory or commercial partnership relationship with Sentinum Ltd. (BVI), the issuer of $HYPER, or with any associated party. He has received no remuneration, tokens, sponsorship or other benefit for writing the book or for building this site.
• Direct positions: any direct positions the author may hold in $HYPER or in other crypto-assets material to the analysis published are kept below the threshold at which they could influence editorial judgement; they are disclosed in Appendix E of the book and may, where appropriate, be updated in the individual items published on the site. The specific disclosure applicable at the time each item was published is available on written request at michelestefanelli.com →.

5. Accuracy of the information

The information published has been verified as at the date each item was published. The crypto-asset field moves quickly: a statement that is accurate today may be overtaken by technical, regulatory or market developments. Each blog article carries its publication date and, where relevant, the date it was last checked.

Readers who find inaccuracies, typographical errors or material in need of updating are asked to report them using the contact details in point 8.

6. The applicable regulatory framework

This site is operated by Michele Stefanelli, a natural person resident in Italy, and is organised as a personal editorial project. It operates in accordance with the applicable Italian and European regulatory framework, in particular:

• Regulation (EU) 2016/679 (the General Data Protection Regulation) in respect of the processing of personal data — see the Privacy Policy →
• Regulation (EU) 2023/1114 (MiCA) in respect of markets in crypto-assets
• Italian Legislative Decree no. 58/1998 (TUF) and the Consob implementing provisions on investment services and financial advertising
• The OAM regime, which applies to entities operating in virtual currencies — it does not apply to this site, which neither holds, exchanges nor intermediates crypto-assets

This site does not provide personal financial advice, investment services, crypto-asset intermediation or CASP services regulated by MiCA. The author's independent financial advice practice, regulated by his entry in the autonomous financial advisers section of the OCF register, is conducted separately through the MS Studio institutional website (michelestefanelli.com →). bitcoinhyper.nz is an MS Digital Asset Academy editorial project — the editorial unit of MS Studio devoted to crypto-assets.

7. Third-party links

Links to external sites are given as informational references, so that readers can reach the primary sources cited. bitcoinhyper.nz is not responsible for the content of third-party sites, for changes made to them subsequently, or for the activities of the companies or projects mentioned.

8. Contact

To report typographical errors, inaccuracies, editorial suggestions or legal queries: michelestefanelli.com →

For requests relating to the protection of personal data, see the Privacy Policy →.