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MASTR · 2024–2026

Investigación y análisis

Publicación archivada con las palabras originales del autor. Las afirmaciones, cifras y opiniones corresponden a la fecha indicada; su inclusión no supone una verificación independiente.

229 · Publicaciones seleccionadas · 1/10

Arc and the institutions behind an onchain financial network — original source image
Redes e infraestructura

Arc and the institutions behind an onchain financial network

Circle. BlackRock. DTCC. Visa. Mastercard. ICE. Standard Chartered. Galaxy. MoneyGram. SBI. Sumitomo. BNY. HSBC. State Street. Société Générale. Commerzbank. Add Aave, Morpho, Uniswap, the major exchanges, Chainlink, Ledger, Alchemy and the…

Investigación y análisis3 min
The KOL deal behind a copy-trading leaderboard — original source image
Influencers y promoción

The KOL deal behind a copy-trading leaderboard

Humanity Protocol’s promotional documents went as far as instructing trader KOLs to buy publicly after launch to demonstrate commitment.

Investigación y análisis2 min
Phishing through email, newsletters and security alerts — original source image
Phishing, ataques y privacidad

Phishing through email, newsletters and security alerts

Open the official app yourself or type the official domain into your browser manually. Go there directly. Do not let the email decide where you land.

Investigación y análisis3 min
LAPTOP: allocation wallets, claims and sale receipts — original source image
Investigaciones onchain

LAPTOP: allocation wallets, claims and sale receipts

I traced pre-launch base:0xebe772bb43bd3166c4dfc968f1483472ac756b07 allocation into a sales wallet that generated 2,340,683.504496 USDC after visible USDC deductions.

Investigación y análisis3 min
Binance 10/10: the records liquidated users would need — original source image
Exchanges y custodia

Binance 10/10: the records liquidated users would need

The complete second-by-second mark-price history and collateral valuations? - The index inputs, weights and fallback decisions? - The clipping thresholds and records of when they were applied? - The price bands actually enforced during the…

Investigación y análisis2 min
Password-reset emails: what they do and do not reveal — original source image
Phishing, ataques y privacidad

Password-reset emails: what they do and do not reveal

What’s happening is simple: someone, (in this case most likely bots), triggers a password reset request through X’s public reset form. For that, the public username is enough. X then sends the reset email itself to the address linked to the…

Investigación y análisis3 min
Cronos after Tectonic: what a chain rollback means — original source image
Redes e infraestructura

Cronos after Tectonic: what a chain rollback means

I can document only a small number of clear cases where developers or validators deliberately rolled a network back, restarted it from an earlier state or otherwise discarded previously accepted history.

Investigación y análisis2 min
Crypto security incidents recorded in August 2026 — original source image
Historia y cronologías

Crypto security incidents recorded in August 2026

Aug 31, Balancer V1: Approximately $234K. A rounding flaw allowed 1 satoshi of WBTC input to mint 4,408.8 BPT after reserves were driven towards dust.

Investigación y análisis6 min
Métodos de investigación

Responsible disclosure: the August 2026 status note

A small update: an average of 7 - 8 days has now passed since I privately submitted 44 proven and fully documented security findings across 5 projects:

Investigación y análisis2 min
Exchanges y custodia

KCEX: the promotion request and MASTR’s response

I could find no KCEX entry in the Seychelles FSA’s public VASP register, no independently verifiable Proof of Reserves, and no transparent public disclosure of the people ultimately controlling the exchange.

Investigación y análisis1 min
Redes e infraestructura

Bitcoin: attention and incentives · 21 Aug 2026

1. Coldcard released new firmware after more than $114 million was stolen from Bitcoin wallets through a catastrophic seed generation flaw.

Investigación y análisis2 min
Binance, Russian authorities and the use of KYC records — original source image
Exchanges y custodia

Binance, Russian authorities and the use of KYC records

According to law enforcement files, Binance supplied Russia’s Investigative Committee with the personal dossier and transaction records used to prosecute Yuri Belenkiy over barely $700 sent to Ukrainian causes.

Investigación y análisis6 min
MASTR

Apoya la investigación independiente

Las investigaciones, las pruebas originales y las guías son de acceso libre. Las donaciones voluntarias ayudan a financiar la investigación y a mantener disponibles las herramientas de MASTR.

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