Explained page 2

An unlock moves tokens from locked to circulating supply, on a schedule set out in advance. What that does to price is described by one analytics firm's research as mostly negative — not mostly a crash — and that distinction matters.

HIVE Digital Technologies has announced two BUZZ HPC contracts eight weeks apart, both said to add about $70 million in annual revenue. One was independently reported with market reaction; the other rests on a headline and an unverified company item.

A federal filing that says a company exists and promises AML compliance is not a license, a certification or a government endorsement — and the FBI has said so in writing.

CoinDesk and CryptoSlate both cited Coinglass data on bitcoin futures within 48 hours of each other in August 2026 and got meaningfully different numbers. Here is what the open-interest-to-volume gap actually measures, and what it doesn't.

The arithmetic behind the DeFi liquidity-provider risk, reproduced across four sources and three different dollar scales, and what the formula leaves out.

TVL is the number DeFi uses to signal size and trust. DefiLlama's own rules show what it includes, what it excludes, and how the same tokens can get counted twice.

A liquidation cascade is a chain of forced sales, not panic selling. Here is the mechanism, worked through the $19 billion event of October 10, 2025, and what that figure does and doesn't prove.

APY tells you nothing about durability. Sorting a yield into what actually funds it is the first real test.

The 2025 GENIUS Act stops stablecoin issuers from paying yield directly. It says far less about exchanges and affiliates — and that gap is the whole fight now playing out over the Clarity Act.

A seed phrase is the wallet, not a password to it. Two documented cases — one from 2022, one from January 2026 — show how a phrase gets stolen, and a widely cited estimate shows how much more often people simply lose one.

The figure that runs across every market dashboard each evening measures net share creation and redemption, not gross Bitcoin trading. Here is what it does and doesn't show.

A funding rate is the periodic payment that keeps a perpetual futures contract's price tethered to spot. When it goes negative, shorts are paying longs — not proof the market is crashing.

Vivek Raman, CEO of the Ethereum-adoption firm Etherealize, says Wall Street's rush into gated blockchains is 'consortium chain 2.0.' The mechanism he's describing is checkable. His prediction about how it ends is not - and he runs a company whose success depends on the answer.

A firmware bug fed the wallet's random-number generator too little entropy at the moment a seed was created. Because the flaw lived in that one step, an air-gapped device offered no protection — and a software wallet flagged separately by researchers shows the same weakness can turn up wherever a key is generated, hardware or not.

A $4.3 billion settlement, a monitorship whose status nobody has confirmed in months, and a reserves report that is self-verified, not audited. Here is what each of those actually means.

An attestation, a full audit and an on-chain proof-of-reserves feed each verify something different about a stablecoin's backing. Tether's August 2026 KPMG opinion shows exactly where that line falls.

Kraken's parent company says adjusted revenue rose 17% even as trading volume fell. Two trade outlets reported the release; we don't hold it. Here's what's corroborated, what's single-sourced, and why none of it is audited.

Two newsrooms independently relay the Financial Times's account that JPMorgan ended the relationship and Polymarket found a new lender. The rest of the story - the CFTC backstory, the IPO angling, even the date of one outlet's own report - rests on a single account.