Dora Noda
Software Engineer
2342 posts · View all authors
Bitcoin's First Q1 Hashrate Drop in Six Years: How the AI Pivot Is Rewriting Mining
Bitcoin's hashrate fell ~4% in Q1 2026 — the first first-quarter drop since 2020 — as listed miners convert megawatts to AI hosting amid $70B+ in HPC contracts and production costs near $90K/BTC.
Brazil's Stablecoin Ban Splits the G20: How BCB Resolution 561 Reroutes a $90B Cross-Border Corridor
Brazil's central bank just became the first G20 economy to pull stablecoins out of regulated cross-border payment rails, forcing fintechs like Wise, Nomad, and Braza Bank to restructure billions in monthly flow.
Chainlink's SOC 2 Triple-Stack: The Compliance Moat That Locks Out Every Other Oracle
Chainlink became the first oracle platform to hold SOC 2 Type 1, Type 2, and ISO 27001 — the same compliance stack as Stripe and AWS. Here's why every other oracle is now 18 months behind on institutional procurement.
Base Hits $13B Bridged TVL: Inside the L2 That Stopped Trying to Win Everything
Coinbase's Base L2 crossed $13B bridged TVL on May 2, 2026, with stablecoins driving roughly half of the value. The strategic story is how a deliberately verticalized chain pulled ahead of the general-purpose L2 race.
Hong Kong's HK$10.7B Tokenized Fund Surge: How the SFC Out-Shipped Washington
Hong Kong's tokenized fund AUM grew sevenfold to HK$10.7 billion as the SFC and HKMA shipped a coordinated stack — secondary trading, 24/7 stablecoin settlement, and the territory's first stablecoin licenses — in just ten days of April 2026.
SEC Pauses the First Prediction-Market ETFs: How Roundhill's BLUP/REDP Delay Reshapes Election Betting
The SEC halted Roundhill's six election-bet ETFs — BLUP, REDP, BLUS, REDS, BLUH, REDH — twenty-four hours before their May 5 launch. Inside the swap structure, Kalshi's $22B advantage, and Hyperliquid HIP-4's zero-fee threat reshaping the prediction-market sector.
Korea's Largest Card Network Picks Solana: Inside Shinhan's 28M-Cardholder Stablecoin Pilot
Shinhan Card and the Solana Foundation signed an April 30, 2026 MoU to pilot consumer-to-merchant stablecoin payments — the first Korean card network committing to a public chain as the won-stablecoin race accelerates and the Bank of Korea pushes back.
The 54/24 Split: How Tokenized Private Credit Quietly Beat Treasuries to Become RWA's Dominant Asset Class
Tokenized private credit captured roughly 54% of on-chain RWA value in Q1 2026 against Treasuries' 24%. Here's how Apollo, Centrifuge, and Maple turned $1.5T of opaque debt into DeFi's dominant asset class.
a16z Crypto's $2B Fifth Fund: Why a Halved Vintage Is the Loudest Bullish Signal in Crypto VC
Andreessen Horowitz is targeting $2B for its fifth crypto fund — less than half the size of its 2022 vintage. Smaller, faster, and sharper, the raise is the clearest map yet of how 2026 crypto capital actually gets allocated.