Cypherpunk language and dependence on exchange gatekeepers
Cypherpunk language and dependence on exchange gatekeepers. Dated original source, with context and links.
Commentary & rants1 min
Read the publication
MASTR · 2024–2026
Exchanges & custody · 3
Withdrawals, internal records, liquidations and the obligations behind an account balance.
65 · Selected publications · 3/3
Binance: exchange accountability · 16 Nov 2025
$Aster looks less like DeFi and more like a Binance playground and the bootlicker KOLs are pushing it hard right now...with full force.
Research & analysis2 min
Binance: exchange accountability · 6 Nov 2025
Many will probably unfollow, maybe because I’ve attracted the (maybe) same people who admired Zach’s work. People who believed in integrity and in holding power accountable.
Commentary & rants4 min
Almost all #Bitcoin sell pressure on November 3 and 4 came from #Binance
CVD shows around minus 7,500 BTC there while Coinbase, OKX and Bybit stayed flat. BTC fell and more than 400 million in longs were liquidated.
Commentary & rants3 min
ASTER and 10/10: separating price moves from evidence
You’re sending your money into a fully centralized cesspool, where people around @cz_binance and #Binance control the majority of the supply and, by extension, the entire market itself.
Research & analysis3 min
Tired of pretending this is normal.
The small guy lost his money on Pumpfun rugs, degen scams, and the bot armies of big CEXs, while the big guy bought the playground, fenced it off, and wrote the rules.
Commentary & rants2 min
Binance’s October 2025 disruption: the early account
In the early hours of October 11 (Beijing time), the world’s largest crypto exchange, Binance, turned from the deepest liquidity venue into the epicenter of a meltdown.
Research & analysis3 min
Binance: exchange accountability · 17 Oct 2025
#Binance now dominates crypto with ~52 % of all spot trading, ~56 % of futures, and controls over 30 % of total order-book liquidity across major pairs (CoinGecko & CryptoQuant, Q3 2025).
Research & analysis2 min
Binance: exchange accountability · 17 Oct 2025
It feels like we, the crypto people, have become the easiest to manipulate, the exit liquidity for corrupt families, syndicates, CEXs, and FIAT billionaires.
Commentary & rants1 min
People who truly care about crypto and freedom should not support $Aster or anything connected to #Binance
People who truly care about crypto and freedom should not support $Aster or anything connected to #Binance
Commentary & rants4 min
Binance: exchange accountability · 26 Sep 2025
• Wintermute dumped altcoins, booked millions in profits, and sent them to Binance • Binance also sent funds back to Wintermute, a closed loop of coordinated power • On Solana, the classic “3-legs + 50% pullback” pattern appeared,…
Research & analysis4 min
Binance: exchange accountability · 25 Sep 2025
That was in June, when no one was talking about it yet, but some already knew the next steps to lock in money and users.
Commentary & rants2 min
Binance: exchange accountability · 20 Sep 2025
You really should read this if you’re chasing the $BNB or $ASTER hype, because what’s behind the curtain is ugly.
Research & analysis2 min
One of the ideas that would be good for crypto L2.
#CEX s should have to pay for the privilege to list long-term tokens. Not the other way around. They already make billions in fees.
Commentary & rants2 min
Bybit: the initial February 2025 breach analysis
Multisig cold wallets are designed for enhanced security, requiring multiple signatures from different parties to authorize transactions. However, in this case, attackers exploited a UI vulnerability to deceive signers into unknowingly…
Research & analysis1 min
An exchange listing is not a finding of legitimacy
An exchange listing is not a finding of legitimacy. Dated original source, with context and links.
Commentary & rants1 min
Exchange deposits and the response to stolen funds
MASTR’s argument for a clearer exchange response when stolen assets reach custodial accounts.
Original articles6 min