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MASTR · 2024–2026

交易所与资产托管 · 3

Withdrawals, internal records, liquidations and the obligations behind an account balance.

65 · 精选文章 · 3/3

交易所与资产托管

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.

研究与分析2 min
交易所与资产托管

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.

评论与直言4 min
ASTER and 10/10: separating price moves from evidence — original source image
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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.

研究与分析3 min
交易所与资产托管

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.

评论与直言2 min
Binance’s October 2025 disruption: the early account — original source image
交易所与资产托管

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.

研究与分析3 min
交易所与资产托管

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).

研究与分析2 min
交易所与资产托管

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.

评论与直言1 min
交易所与资产托管

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,…

研究与分析4 min
交易所与资产托管

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…

研究与分析1 min
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