Dora Noda
Software Engineer
Dora Noda is a Software Engineer writing about Web3 infrastructure, blockchain networks, and self-hosting.
3404 posts · View all authors
a16z vs. the SEC's Broker Net: The Safe Harbor That Could Decide DeFi's Fate
a16z and the DeFi Education Fund are asking the SEC to formally exempt non-custodial software interfaces from broker-dealer registration — a ruling that would determine whether US-based DeFi developers build freely or under permanent legal threat.
a16z's State of Crypto 2025: The Year the Numbers Finally Matched the Hype
a16z's State of Crypto 2025 report documents crypto's mainstreaming moment — $46T in stablecoin volume, a $4T total market cap, and 78% Solana developer growth. Here's what the data actually means and where the 2026 opportunities lie.
The End of Overcollateral: How AI-Powered Credit Scoring Is Unlocking DeFi's Capital Efficiency Problem
DeFi's overcollateralization requirement has locked out creditworthy borrowers for years. AI-powered on-chain credit scoring from protocols like Spectral Finance, Maple, and Clearpool is starting to change that — but regulatory hurdles under the EU AI Act and ECOA must be solved first.
Aptos's April 12 Unlock: Why Tomorrow's 11M APT Release Matters Less Than October's Vesting Cliff
Tomorrow's 11.31 million APT unlock is the latest in Aptos's four-year vesting schedule — but the real inflection point arrives in October 2026 when early investor lockups end, annual supply pressure drops 60%, and $1B+ TVL, digital commodity classification, and deflationary tokenomics all converge.
ASI Alliance's ASI:Chain DevNet: Building the First Layer 1 Designed for AI Agents
The Artificial Superintelligence Alliance launched ASI:Chain's public DevNet — a blockDAG Layer 1 purpose-built for autonomous AI agents. Here's what the MeTTa kernel means for decentralized AI infrastructure, why Ocean Protocol's exit matters, and how ASI Alliance stacks up against Bittensor and Render in the race to become the default AI agent chain.
Babylon Protocol's $4.8B BTCFi Revolution: Bitcoin Finally Earns Yield Without Leaving Home
Babylon Protocol has locked $4.8 billion in BTC by enabling native Bitcoin staking — no bridges, no wrapped tokens, no custodians. Here's how the protocol works, why it dominates the BTCFi sector, and what the institutional calculus looks like as the market targets a 9x growth opportunity.
Binance Capital Connect 2.0: How the World's Largest Exchange Is Rewriting Prime Brokerage
Binance relaunched Capital Connect on April 8, 2026, building its institutional strategy marketplace on Portfolio Accounts infrastructure — eliminating custody transfer friction and positioning the world's largest exchange as a native prime broker for institutional crypto allocators.
Bitcoin's April 9 Policy Sensitivity Proof: How One Tweet Moved a $1.5 Trillion Market
On April 9, 2026, Trump's 90-day tariff pause sent Bitcoin surging $7,500 in under 24 hours — matching the S&P 500's best day in 16 years and creating the first definitive case study for how ETF-wired institutional infrastructure transmits macro policy directly to crypto prices.
Bitcoin's 'Digital Gold' Narrative Fails Its Biggest Test Yet
Trump's April 2026 tariff shock exposed a hard truth: Bitcoin sold off 46% from its ATH while gold hit record highs above $5,300. Here's why the 'digital gold' narrative fails in the short term — and what $18.7B in institutional ETF inflows says about the long-term thesis.