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Posts tagged #crypto

A mix of technical deep-dives, career reflections, and dispatches from the road.

Perpetual Futures: How Funding Rates Keep a Contract With No Expiry Honest thumbnail
financeOct 14, 2026· 5 min
Perpetual Futures: How Funding Rates Keep a Contract With No Expiry Honest
Perpetual futures are the most traded product in crypto, and they never expire. Here's how the funding rate keeps them pinned to spot, what it costs to hold one, and why leverage makes the math unforgiving.
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Bitcoin's Security Budget: What Happens When Fees Are Under 1% of Miner Revenue thumbnail
financeOct 10, 2026· 4 min
Bitcoin's Security Budget: What Happens When Fees Are Under 1% of Miner Revenue
Bitcoin pays miners mostly with newly issued coins, a subsidy that halves every four years. In 2026 transaction fees cover less than 1% of that bill. Here's how the security budget works and why the fee share matters.
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Ethereum Staking Explained: What Validators Actually Earn and Risk thumbnail
financeSep 26, 2026· 4 min
Ethereum Staking Explained: What Validators Actually Earn and Risk
Staking gets pitched as a savings account for crypto. Here's how Ethereum validators really earn rewards, why the yield keeps shrinking, and what slashing, queues, and liquid staking tokens add to the risk.
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What DAO Vote Counts Say About Decentralized Governance thumbnail
financeSep 16, 2026· 5 min
What DAO Vote Counts Say About Decentralized Governance
DAOs promise governance without a boardroom. The actual turnout numbers, delegate concentration, and a few expensive attacks tell a more complicated story about how these organizations really run.
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On-Chain Analytics: Transparent Data, Inferred Conclusions thumbnail
financeSep 12, 2026· 4 min
On-Chain Analytics: Transparent Data, Inferred Conclusions
Blockchains publish every transaction, which makes on-chain data feel like proof. Most of the charts built on top of it are inferences, and a few of the…
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How US Regulators Sorted Crypto Into Five Buckets thumbnail
financeAug 26, 2026· 4 min
How US Regulators Sorted Crypto Into Five Buckets
For years, whether a token was a security came down to a lawyer's read of a 1946 orange grove case. In 2026 the SEC finally published a taxonomy, and then…
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How DeFi Lending Works: Health Factors, Rate Curves, and Liquidation Bots thumbnail
financeAug 19, 2026· 4 min
How DeFi Lending Works: Health Factors, Rate Curves, and Liquidation Bots
On-chain lending replaces credit checks with collateral, loan officers with a utilization curve, and collections with bots.
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Self-Custody in 2026: The Seed Phrase Is No Longer the Only Way thumbnail
financeAug 5, 2026· 4 min
Self-Custody in 2026: The Seed Phrase Is No Longer the Only Way
Twelve words on a piece of paper used to be the whole story of crypto self-custody. Passkeys, MPC, and smart accounts have quietly changed what that phrase…
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How Staking Actually Works: Validators, Rewards, and Slashing thumbnail
financeJul 22, 2026· 4 min
How Staking Actually Works: Validators, Rewards, and Slashing
A plain-English look at what happens under the hood when you stake crypto: how validators secure a proof-of-stake network, where the yield comes from, and…
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How Automated Market Makers Price Your Swap thumbnail
financeJul 11, 2026· 4 min
How Automated Market Makers Price Your Swap
There is no order book behind a decentralized exchange swap. There is a formula. Here is the math that sets the price, and why liquidity providers can lose…
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