JosephWang
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Thoughts on data science, machine learning, and research

May 26, 2026
: Tokenization, Blockchain, Web3

The SpaceX Trade Exists. Now Watch the Tape.

SpaceX stock is not public yet, but SPCXUSDT perps already show volume, open interest, funding, and venue concentration. The question is what this ...
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May 24, 2026
: Stablecoins, Blockchain, Web3, Ethereum

Local Pegs, Dollar Rails: Auditing XSGD and EURC Liquidity

XSGD is SGD-denominated. EURC is EUR-denominated. Their observed DEX liquidity surfaces remain materially USDC-paired.
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May 19, 2026
: Ethereum, Blockchain,

Ethereum Gas Changepoints Are Warning Signals, Not Regime Labels

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May 17, 2026
: Stablecoins, Blockchain, Web3, Ethereum,

USDC Shows Why Stablecoin Risk Analysis Is Not One Signal

Base led transfer activity. Ethereum led net supply expansion. Same week, different risk signals.
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May 12, 2026
: Blockchain, Web3, Tokenization

Tokenization Is Not Just Putting Assets on a Blockchain

Tokenization puts the claim on-chain, but custody, compliance, and settlement still depend on surrounding infrastructure. (Image...
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