Binance’s MiCA application and the claims circulating on X
This time he is trying to turn Binance withdrawing its MiCA application in Greece into some grand ECB plot to destroy crypto liquidity for a future CBDC.
Research thread / note3 min
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168 · 3/7
SecondFi: a wallet rebrand and the incident that followed
SecondFi is the rebranded Yoroi wallet, originally developed by Emurgo, one of Cardano’s founding entities alongside IOG and the Cardano Foundation.
Research thread / note3 min
Prediction-market promotion and manufactured success stories
According to the WSJ, Polymarket allegedly manufactured an illusion of ordinary young people getting rich through fake trades and fake wins.
Research thread / note4 min
BlockLayerPod and BeaconLayerPod: the phishing network
A detailed investigation of interview invitations, impersonated podcasts and the attempt to compromise creators’ devices.
Original article14 min
Reading MiCA headlines without turning them into rumours
Idiots need to stop turning half understood headlines into propaganda when they clearly do not understand the rules they are screaming about.
Research thread / note3 min
How AI changes the scale and speed of attacks
AI will multiply the scale, speed and precision of attacks, but the ugly truth is that many of these incidents are not some mysterious act of cyber warfare.
Research thread / note3 min
Zcash Orchard: reading the reported vulnerability and its limits
Over the last week, the entire zcash:native narrative was hit by one issue: a critical bug in Orchard, Zcash’s shielded privacy pool.
Research thread / note3 min
Crypto exploits and breaches: January to May 2026
A 7,000-word incident catalogue covering the publicly discussed cases recorded by MASTR through 30 May 2026.
Original article33 min
The DOGE Files: access, oversight and private interests
MASTR’s examination of DOGE access, government oversight and the business interests involved.
Original article7 min
James Wynn: public leverage, liquidations and attention
JamesWynnReal did not fall in private, but in full public view. That is what makes his story so strange, so brutal, and so perfectly crypto.
Research thread / note10 min
Grok and DRB: the trust problem in agentic finance
A "short" scientific breakdown of AI finance, agentic wallets and the problems nobody wants to think about yet, for those who occasionally still enjoy reading something longer: 👇
Research thread / note8 min
Dormant Ethereum wallets: the April 2026 drain trail
A wallet labelled by Etherscan as Fake_Phishing2831105 has been receiving funds from many addresses and rapidly moving them through swaps and cross chain infrastructure.
Research thread / note3 min
Decentralisation across custody, access and decision-making
In practice, it means power is spread far enough that 1 actor cannot quietly change the rules, block access, freeze assets, manipulate information, or force everyone else to accept its version of reality.
Research thread / note5 min
Trump-linked business interests: a dated map of money and access
1. World Liberty Financial / WLFI • Link to Trump: Trump family crypto venture • Deal: More than $800 million in Trump family crypto income in the first half of 2025 • Amount: about $463 million from World Liberty token sales • Why it…
Research thread / note11 min
The Mar-a-Lago token dinner and the market for access
Trump’s Mar a Lago crypto dinner is one of the cleanest examples yet of what crypto becomes or has become when speculative markets, personal branding, political power and access capitalism collapse into 1 machine.
Research thread / note4 min
Tether: ownership and influence behind a stablecoin
And while Forbes estimates CZ at over $100 B, which CZ himself has questioned, Devasini may very well be the richest man in crypto.
Research thread / note2 min
Binance: reporting on Iran-linked flows and internal investigations
According to the Wall Street Journal, Binance investigators traced more than $1 billion in suspicious flows tied to Iran linked networks, with internal findings reportedly flagging as much as $1.7 billion.
Research thread / note2 min
RaveDAO: the people, token and promotional network
RaveDAO presents itself as a Web3 entertainment project mixing EDM culture, live events, NFT based attendance, crypto payments, DAO governance and philanthropy.
Research thread / note6 min
WLFI: MASTR’s chronology of deals and political connections
This is a summary and timeline of the entire $WLFI scam and the dirty entanglements surrounding it that I have been tweeting about since the very beginning.
Research thread / note8 min
WLFI and Justin Sun: token controls and disputed rights
The story around $WLFI and Justin Sun, and this is only 1 of many examples, shows us several things with brutal clarity.
Research thread / note7 min
Trump-linked crypto: the published extraction timeline
Built from the Gold Paper, White House orders, SEC actions, public disclosures, company statements, blockchain analysis, and major investigations including MASTR, WSJ, ABC, and Fortune.
Research thread / note6 min
Prediction markets and political conflicts of interest
The original article on prediction-market businesses, political appointments, donations and family connections.
Original article6 min
Memescope Monday: coordinated attention as a launch mechanism
Memescope is not a safety tool, not alpha. It is not due diligence. It is just a faster conveyor belt for fresh garbage.
Research thread / note2 min
The 2025–2026 crypto incident timeline, as recorded in March
2025 closed with about $3.35B in hacks, scams, and exploits by @CertiK count, while @chainalysis and @MastrXYZ estimated about $17B+ in scams and fraud.
Research thread / note7 min