Insights on Crypto Payments, Infrastructure, and Operations

Glossary terms starting with M

Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.

Market Manipulation

Market manipulation is intentional or reckless conduct that creates false or misleading signals about supply, demand, price, or liquidity, or that secures…

Market Price

Market Price is a price observed or derived from current market activity for an asset, currency, instrument, or service in a specified…

Market Recovery

Market recovery is a sustained improvement in prices, liquidity, confidence, or activity following a significant decline or disruption. For reliable use, teams…

Market Recovery Time

Market Recovery Time is the elapsed time required for a market or trading venue to restore reliable quoting, order handling, liquidity, and…

Marketplace Buyer Payment

A marketplace buyer payment is the transfer made by a customer to pay for goods or services purchased through a platform that…

Marketplace Fraud

Marketplace Fraud is a fraud or abuse pattern that exploits a platform connecting buyers and sellers through deceptive listings, identities, payments, delivery,…

Marketplace KYC

Marketplace KYC identifies and verifies relevant sellers, buyers, or beneficiaries according to the platform's legal obligations and risk model. Marketplace KYC applies…

Marketplace Merchant

Marketplace Merchant is a seller or service provider that transacts through a marketplace platform. In merchant account and commerce operations, it commonly…

Marketplace Seller Payment

A marketplace seller payment is the crypto payout or settlement allocated to a third-party seller for marketplace transactions after the platform applies…

Markets in Crypto-Assets Regulation (MiCA)

The Markets in Crypto-Assets Regulation is the European Union framework establishing uniform rules for specified crypto-asset issuers, asset-referenced and e-money tokens, and…

Mass Payment

A mass payment is a high-volume operation that sends many payment instructions to multiple beneficiaries through one coordinated process. It is used…

Mass Payout

A mass payout is a high-volume outbound distribution from a platform or organization to many recipients. It combines batch creation and funding…

Master Seed

Master Seed is the root secret material from which a hierarchical deterministic wallet derives master keys, accounts, and addresses. It is not…

Master Wallet

A master wallet is a top-level wallet or control domain used to derive, fund, coordinate, or oversee multiple subordinate wallets and accounts.…

Material Incident

A material incident is an event significant enough to affect important operations, finances, customers, legal duties, governance, or stakeholder decisions. Effective handling…

Max Fee Per Gas

Max fee per gas is the highest total price per gas unit that a sender authorizes for an EIP-1559 transaction. It must…

Max Priority Fee Per Gas

Max priority fee per gas is the highest proposer tip per gas unit that a sender is willing to pay in an…

Maximum Confirmation Wait

Maximum confirmation wait is the longest period a payment system will remain in a confirmation-pending state before moving the payment to an…

Maximum Payment

Maximum payment is the highest amount that a merchant, provider, account, payment method, asset, network, or transaction type permits for one payment.…

Maximum Payment Amount

Maximum payment amount is the upper value limit that a merchant, invoice, payment method, asset, network, or risk policy allows for a…

Maximum Supply

Maximum Supply is the highest number of token units that the governing protocol or contract rules permit to exist, assuming those rules…

Mean Time to Recovery (MTTR)

Mean time to recovery is the average elapsed time required to restore an impaired payment service or capability after a qualifying failure…

Membership Crypto Payment

A membership crypto payment is a cryptocurrency transfer used to purchase, activate, renew, or upgrade access to a membership program, community, platform,…

Membership NFT

Membership NFT is an NFT used as evidence of membership in a community, club, service, loyalty program, governance group, event series, or…