Research methods
Incident updates: distinguish containment from repair
A paused service and a fixed vulnerability are different milestones.
Research · History · Reference
All entries A–Z · 8 / 15
438 · Articles and references
Market structure
Insurance funds and ADL: who absorbs a derivatives shortfall?
A profitable position can be affected by the system's rules for an insolvent counterparty.
Blockchain fundamentals
Integer precision and rounding
Contracts use finite integer arithmetic and decimal scaling.
Infrastructure & ownership · Web3 storage
IPFS and content addressing: authenticity is not persistence
A content identifier helps identify bytes. Someone still has to preserve and serve those bytes.
Web fundamentals
IPFS: content identity is not a storage guarantee
A CID helps identify content. Keeping that content available requires someone to retain and serve the necessary data.
Names, identity and web content
IPNS: a stable name for content that can change
A signed pointer solves updating, while availability and key custody remain separate jobs.
Solana: from quote to settlement
Jito bundles: ordering, tips and the limits of protection
A preferred submission path is useful infrastructure, not a universal guarantee against adverse execution.
Solana: from quote to settlement
Jupiter quotes: expected output, minimum output and the actual exit
A route quote is a timestamped estimate for a size, not a promise that the last chart price is executable.
KOLs & promotion
Kim Kardashian and EthereumMax
A documented paid-promotion settlement, with the payment and legal outcome kept explicit.
KOLs & promotion
KOL investment rounds
A promoter receives allocation terms unavailable to the audience later asked to buy.
KOLs & promotion
KOL investors: same token, different deal
A public buyer and a promoter may have radically different costs, restrictions and incentives.
Crypto history
KyberSwap concentrated-liquidity exploit
KyberSwap Elastic pools were exploited in 2023 through complex tick and liquidity accounting.
MASTR research
LAPTOP, TRUMP and MELANIA: which connections were established?
MASTR's 9 September comparison distinguishes a deliberate commercial link from an unproven shared launch team.
MASTR research
LAPTOP: 2 connected claims, 647,428.93 USDC in receipts
A funding transfer links the wallets; acquisition, sales and later conversions remain separate accounting events.
MASTR research
LAPTOP: pre-launch inventory and $2.34 million in sale receipts
MASTR's reconstruction connects a distribution allocation to 107 matched sales and reconciles the USDC outflows.
MASTR research
LAPTOP: the completed 49-sale record
A profitable early buyer must be distinguished from a pre-allocation recipient, and a completed ledger from an early subtotal.
Market structure
Last price, index price and mark price answer different questions
A liquidation chart is incomplete until the reference price and its inputs are identified.
Market structure
Launch sniping and privileged block access
Automation, private order flow or advance knowledge captures supply in early blocks.
Chains & networks
Layer 2: five separate questions
Settlement, proofs, data availability, sequencing and upgrades should not be compressed into one safety label.
DeFi & governance
Leverage and liquidation
A position can be closed by the system before the trader's long-term view has time to play out.
Blockchain fundamentals
Light-client verification
A light client checks compact consensus evidence rather than one remote balance.
Bitcoin: recovery and Lightning
Lightning inbound liquidity: why a funded wallet may still fail to receive
Receiving capacity depends on the direction of channel balances and the available route.
DeFi & governance
Liquid staking receipts
A liquid staking token represents a claim while remaining transferable.
DeFi & governance
Liquid staking: a tradable receipt for a less immediate underlying position
Market liquidity and protocol withdrawal are different routes with different conditions.
Market structure
Liquidation priority and privileged keepers
Favoured liquidators capture discounts before open competition.
DeFi & governance
Liquidation: the threshold, the execution and the remaining debt
A risk limit being crossed does not ensure collateral can be sold at the reference price.
Market structure
Liquidity withdrawal as an exit
A provider removes the asset buyers need to sell against.
Scam patterns
Liquidity-mining impostors
A page borrows DeFi language and promises yield merely for connecting a wallet.
DeFi & governance
Lock-and-mint bridges: the token depends on both sides
A destination-chain asset can represent a claim on funds controlled elsewhere.
Market structure
LP-lock marketing
Locked liquidity can coexist with mint, tax, blacklist or proxy powers.