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MASTR · 2024–2026

All publications · 6

Original investigations, critical essays and the conversations behind them. Read by subject, follow a thread, or find a person or project in the source texts.

694 · Selected publications · 6/29

North Korea-linked theft and the first-half 2026 record — original source image
Phishing, exploits & privacy

North Korea-linked theft and the first-half 2026 record

They are organised, patient, funded, technically serious and fully aware that crypto still runs on weak humans, lazy security, rushed integrations and teams that spend more on marketing than on infrastructure hardening.

Research & analysis2 min
KOLs & promotion

Web3 culture · 6 Jul 2026

How is crypto supposed to get better when so many crypto people feel completely at home on an app that rewards the loudest, dumbest, most criminal, most dishonest behaviour imaginable?

Commentary & rants1 min
Research methods

Web3 culture · 5 Jul 2026

To the few newbies here: this is neither generally considered cool, nor was it normal until a few years ago.

Commentary & rants1 min
Ranking chain attention with an explicit proxy model — original source image
Research methods

Ranking chain attention with an explicit proxy model

I tried to rank the major chains using a proxy model instead of pretending there is one perfect public dashboard for X mentions, web reports, on-chain activity, TVL and trading noise combined.

Research & analysis4 min
TJR, ANSEM and LUKE: the shared-deployer investigation — original source image
Onchain investigations

TJR, ANSEM and LUKE: the shared-deployer investigation

This is not some anonymous wallet accidentally touching one ticker. This is the same creator identity repeatedly showing up around recognisable CT names, memes and public figures.

Research & analysis4 min
Coinbase’s AI costs and infrastructure dependencies — original source image
Networks & infrastructure

Coinbase’s AI costs and infrastructure dependencies

I went through Brian Armstrong’s own numbers and the follow-up reporting around Coinbase’s AI costs, and the story is much bigger than “company saves money on tokens.”

Research & analysis3 min
Exchanges & custody

Binance: exchange accountability · 26 Jun 2026

I keep seeing tweets from people claiming that all the gloating and piling on Binance only exists because some people want to push another CEX.

Commentary & rants1 min
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