Writing

Short pieces on things I got wrong, things I changed my mind about, and the reasoning behind decisions in the work.

Latest

What blockchain is building after the hype

The year's most consequential blockchain news came from a card network, a securities depository and a payments company. None of it was a token launch. Settlement, tokenised securities and specialised chains are where the work is now.

stablecoins
tokenisation
ethereum
solana
payments
+1

Published: 9 Jul 2026
Reading: 5 min
Sources: 6

19 Nov 20255 min · 5 sources

On-chain evidence: what survives from trace to courtroom

A blockchain records every movement and names nobody. The Prince Group forfeiture and the Bybit theft show where on-chain tracing ends, where forensic evidence begins, and which habits decide whether an attribution holds up.

digital forensics
electronic evidence
on-chain analytics
+2

22 Apr 20265 min · 6 sources

FinTech security is an access problem

The largest crypto theft on record and one of the costliest exchange breaches of 2025 broke no cryptography. Both abused legitimate access: a tampered signing interface and bribed support staff. That is where FinTech security budgets belong.

cybersecurity
fintech
insider risk
+2

10 Feb 20265 min · 5 sources

Crypto supervision after the licensing rush

MiCA's transitional periods end by 1 July 2026 and the GENIUS Act has made stablecoin issuers enforcement chokepoints. The licence was the easy part. Supervisors now want evidence that controls actually work.

regtech
mica
stablecoins
+2