Dora Noda
Software Engineer
2345 posts · View all authors
When Hackers Become Coworkers: Inside the Six-Month North Korean Operation That Drained $285M From Drift Protocol
North Korean operatives spent six months posing as a quant trading firm to compromise Drift Protocol's Security Council, then drained $285M in 12 minutes by exploiting Solana's durable nonces. Why DeFi's audit and multisig defenses fail against nation-state insider threats.
After Lighter: The 23 Perp DEXs Lining Up to Be 2026's Next Airdrop Windfalls
Lighter's $675M airdrop set the template for 2026's perpetual DEX token launches. Here is the 23-venue cohort racing to copy it — and why Hyperliquid's HIP-3 pivot may help them win, not crush them.
The Paradox at the Heart of Prediction Markets: Kalshi and Polymarket Are Banning the Traders Who Make Them Work
Kalshi and Polymarket just banned politicians, athletes, and employees from trading on their own outcomes — exactly the traders Robin Hanson says prediction markets need to function. Inside the April 2026 microstructure debate that will reshape event contracts for a decade.
Smart Contracts Got Safer, Crypto Got Worse: Inside Q1 2026's Infrastructure Attack Era
DeFi smart contract exploits dropped 89% in Q1 2026, yet crypto still lost roughly $450M. The Trezor, Resolv Labs, and Drift Protocol incidents show why audits no longer cover the real attack surface.
Russia Just Made Bitcoin a Monetary Policy Tool — And the G20 Has No Playbook
Russia's Central Bank Governor publicly credited Bitcoin mining with strengthening the ruble — the first G20 monetary authority to treat hash rate as currency policy infrastructure. What this rewires for sanctions-era macro and what the rest of the G20 has to do next.
Solana's $650B February: How a Non-EVM Chain Became the World's Busiest Stablecoin Rail
Solana processed $650 billion in stablecoin transactions in February 2026 — more than Ethereum's $551B and the highest monthly volume on any blockchain. The data reframes which chain owns retail payments.
Solana's 99% Bet: Why the Foundation Thinks Humans Will Stop Touching the Blockchain by 2028
Solana Foundation CPO Vibhu Norby projects that AI agents will drive 99% of on-chain transactions within two years — backed by 15M agent payments, 65% market share of agentic activity, and 35M x402 transactions on Solana.
Solana DePIN's $2.9M Inflection: Lyft and T-Mobile Stopped Treating Crypto Hardware as a Hobby
Solana DePIN protocols hit $2.9M monthly revenue in March 2026 as Lyft adopts Hivemapper Bee Maps and Helium's carrier-offload deals with T-Mobile, AT&T, and Telefónica reshape the sector from speculation into procurement.
Solana's Post-Quantum Paradox: When 40x Signatures and 90% Speed Loss Threaten the Fastest Chain's Identity
Solana's first end-to-end post-quantum signature tests showed 40x larger signatures and a 90% throughput drop. Here is why Anza and Firedancer both chose Falcon, why Solana is uniquely exposed to a quantum break, and how the migration compares to Bitcoin's BIP-360 and Ethereum's account-abstraction path.