Dora Noda
Software Engineer
Dora Noda is a Software Engineer writing about Web3 infrastructure, blockchain networks, and self-hosting.
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Binance Puts Tokenized SpaceX, OpenAI, and Anthropic in 270 Million Pockets
Binance's April 2026 Pre-IPO launch puts tokenized SpaceX, OpenAI, and Anthropic exposure in the Web3 Wallet of 270 million users. Inside the SPV structure, the SEC risk, and why distribution — not product — is the real story.

Bittensor's SN3 Bets the Network on a Trillion-Parameter Training Run
How a 72B-parameter milestone, a $900M founder exit, and a Grayscale ETF deadline collide as Bittensor's Teutonic subnet attempts a 1-trillion-parameter decentralized LLM training run in May 2026.

Bluesky's $100M Series B and the Quiet Bet on AT Protocol as Identity Infrastructure
Bluesky's newly disclosed $100M Series B led by Bain Capital Crypto, paired with a WordPress veteran as CEO, signals that AT Protocol is being built as identity infrastructure for both consumer social and the agent economy.

BtcTurk's Third Hack in 19 Months: The Emerging-Market CEX Trust Tax
Three breaches, 19 months, and more than $140M gone. BtcTurk's January 2026 hack exposes the trust tax emerging-market crypto users pay for local fiat rails — and what it signals for the $311B stablecoin era.

Coinbase's Agentic.Market: The First App Store Where AI Agents Buy From Other Agents
Coinbase launched Agentic.Market on April 20, 2026 — a permissionless directory where AI agents discover and pay for services in USDC over HTTP. 165M transactions, $50M volume, 85% settled on Base.

Ethereum's Paradox Quarter: 200 Million Transactions, a Flat ETH Price, and the Value-Accrual Crisis
Ethereum processed a record 200.4 million transactions in Q1 2026, yet ETH traded flat. Here's why scaling success broke the burn engine, and what Glamsterdam needs to deliver to restore value capture.

Fidelity Just Quietly Handed XRP to 46 Million Brokerage Clients
Fidelity's silent addition of XRP to its Digital Commodity Index routes indirect Ripple exposure through 46 million brokerage clients and reshapes institutional crypto adoption more than any ETF launch.

Hacken Q1 2026: $482M Stolen and the Quarter That Broke Crypto's Audit-First Religion
Hacken's Q1 2026 report puts Web3 losses at $482M across 44 incidents, with phishing and key compromises accounting for $378M — the quarter that permanently moved crypto's main attack surface off-chain.

Hong Kong's First Stablecoin Licenses: Why Only 2 of 36 Applicants Made the Cut
The Hong Kong Monetary Authority granted its first stablecoin licenses to HSBC and Anchorpoint Financial — approving just two of 36 applicants under what is now the world's strictest stablecoin regime.