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A proposed law is not a measured reduction in manipulation — original source image
Méthodes de recherche

A proposed law is not a measured reduction in manipulation

The Clarity Act does not change exchange microstructure, does not remove leverage, does not alter liquidation engines, and does not touch offshore venues where most crypto volume happens.

Fil / note de recherche2 min
USD1, MGX and the timing of the Binance deal — original source image
Politique et conflits d’intérêts

USD1, MGX and the timing of the Binance deal

A Stablecoin Chosen Before It Existed: The 2 Billion Crypto Deal That Tied UAE Money, U.S. Politics, and a Presidential Pardon Together.

Fil / note de recherche3 min
Zcash: the Electric Coin Company resignations — original source image
Réseaux et infrastructure

Zcash: the Electric Coin Company resignations

On January 7, 2026, the entire team of the Electric Coin Company resigned simultaneously. This was not a partial walkout or leadership reshuffle. Every employee of the primary organization that has developed Zcash since 2016 stepped down at…

Fil / note de recherche4 min
The crypto cabal as an incentive structure — original source image
Influenceurs et promotion

The crypto cabal as an incentive structure

What people describe as the cabal is something far more concrete and far more dangerous: a repeatable market structure that systematically transfers value from the many to the few through access, coordination, and speed.

Fil / note de recherche4 min
American Bitcoin: capital structure and who benefits — original source image
Structure des marchés

American Bitcoin: capital structure and who benefits

That is an important and shocking lesson for everyone who is interested in crypto and who sees Trump linked ABTC, American Bitcoin, $WLFI and USD1 being promoted and shilled everywhere:

Fil / note de recherche5 min
Rising prices, FOMO and retail losses — original source image
Structure des marchés

Rising prices, FOMO and retail losses

A long-form examination of FOMO, influencer narratives, speculative booms and the outcomes faced by retail traders.

Article original27 min
How user demand rewards extraction — original source image
Influenceurs et promotion

How user demand rewards extraction

The industry likes to blame external enemies because that preserves the self image of a revolution. But the most important force shaping crypto has always been internal selection pressure.

Fil / note de recherche6 min
The access stack: RPCs, oracles, sequencers and cloud providers — original source image
Réseaux et infrastructure

The access stack: RPCs, oracles, sequencers and cloud providers

Decentralized” describes consensus. Most users, developers, and front ends do not touch consensus. They touch an access stack: RPC gateways, oracle networks, sequencers, MEV relays, stablecoin issuers, indexers, GitHub, and cloud. That…

Fil / note de recherche8 min
Price crashes and the survival of an open network — original source image
Histoire et chronologies

Price crashes and the survival of an open network

2011 Bitcoin crashed over 90 percent. Dead. 2013 Bitcoin crashed over 80 percent. Dead. 2014 to 2015 down over 85 percent. Dead. 2018 down 84 percent. Dead. 2022 down 77 percent. Dead.

Fil / note de recherche4 min
Why single-cause explanations fail in complex systems — original source image
Méthodes de recherche

Why single-cause explanations fail in complex systems

This is not a philosophical position or a rhetorical warning, but an empirical observation repeated across economics, geopolitics, systems engineering, psychology, and especially crypto markets.

Fil / note de recherche5 min
Solana’s infrastructure and ecosystem: a December 2025 review — original source image
Réseaux et infrastructure

Solana’s infrastructure and ecosystem: a December 2025 review

Solana won the speed war, then spent years paying interest on that architectural debt. Today the brand lives in 2 parallel realities: a high-throughput base layer that genuinely ships, and an ecosystem layer where outages, exploits, insider…

Fil / note de recherche7 min
Pump.fun litigation: allegations, procedure and the following correction — original source image
Politique et conflits d’intérêts

Pump.fun litigation: allegations, procedure and the following correction

In July 2025, a consolidated class action lawsuit was filed in the US District Court for the Southern District of New York accusing Pumpfun and the Solana ecosystem of operating a coordinated illegal scheme that allegedly wiped out between 4…

Fil / note de recherche7 min
Leverage and the feedback loop behind liquidation cascades — original source image
Structure des marchés

Leverage and the feedback loop behind liquidation cascades

While it has become quieter around hype chasers and KOLs promoting scams because gamblers are leaving the space in large numbers, it is time to address another major problem.

Fil / note de recherche2 min
Plateformes et conservation

Binance’s history through the lens of customer custody

2017 Binance launches and grows explosively through rapid listings, minimal transparency and regulatory arbitrage. Speed and volume are prioritised over structure.

Fil / note de recherche6 min
Do Kwon, Terra and the record of the collapse — original source image
Histoire et chronologies

Do Kwon, Terra and the record of the collapse

Let`s start: More than 20000 documented victims. Tens of billions of dollars lost. Entire life savings erased within days.

Fil / note de recherche4 min
Binance’s employee front-running incident — original source image
Plateformes et conservation

Binance’s employee front-running incident

A Binance employee used insider information to front run a token launch. Official account. Official post. Personal profit.

Fil / note de recherche2 min
Crypto’s 2025 incident chronology — original source image
Histoire et chronologies

Crypto’s 2025 incident chronology

January 2025 🔺 Trump-linked tokens $TRUMP and $MELANIA launch, pump hard, then collapse after insider selling 🔺 Fake political launchpads steal millions from retail 🔺 China cracks down on offshore OTC desks, distorting global liquidity 🔺…

Fil / note de recherche4 min
What mainstream crypto adoption changes — original source image
Réseaux et infrastructure

What mainstream crypto adoption changes

What is the actual price of crypto becoming mainstream? What do we lose in the process? What do we gain? And who pays for the transition?

Fil / note de recherche6 min
How crypto price discovery changed — original source image
Structure des marchés

How crypto price discovery changed

People still trade and tweet as if everything is normal, as if the market structure from 4 or 5 or 6 years ago still exists.

Fil / note de recherche4 min
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