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Dren Hima

ABOUT AUTHOR

Dren Hima is Head of Research at Coincub, leading research across digital asset regulation, licensing, market structure, tokenization and institutional adoption.

RegulationSafety
Off the Books: Blockchain Analytics and the RWA Register Problem
The ECB found that none of the largest tokenized money market funds is fully on-chain, and around half still use a traditional book-entry ledger as the primary record of ownership. Analytics reading those chains is reading a notification layer. Crypto analytics was built to de-anonymize a pseudonymous ledger. ERC-3643 tokens are identity-bound at the gate […]...
2 months ago
CryptocurrencySafetyWalletWeb 3.0
Signed, Sealed, Drained: How Backdoors Drain Crypto Wallets
The biggest losses of 2023-2026 broke no cryptography. Bybit’s $1.5bn drain ran through a sound multisig and clean contracts; the attacker only changed what the signers saw. Four mechanisms recur and braid together: poisoned software supply chains, tampered signing interfaces, laundered authority via approvals and off-chain signatures, and privileged paths hidden in contracts, proxies and [&...
4 months ago
Crypto CrimeRegulationSafety
Follow the Coin: How Investigators Turn Public Ledgers Into Evidence
The “follow the money” model still works. Investigators trace funds on-chain until they hit an exchange, then subpoena the KYC records. Mixers and privacy coins make tracing harder, but not impossible. Mixer takedowns produce historical data that feeds future investigations. International cooperation is built in. MLATs, Europol, and FinCEN’s Rapid Response Program move evidence a...
5 months ago
Crypto CrimeEducationSafetyWeb 3.0
Sign Here to Lose Everything: The Airdrop Farmer’s Survival Guide
Any unsolicited token in your wallet should be treated as hostile until proven otherwise. A dedicated burner wallet plus a hardware device is the baseline setup for airdrop farming, not a luxury. The most expensive mistake in airdrops is approving unlimited spending on a contract you didn’t read. Real airdrops never ask for your seed […]...
5 months ago