Tag: economic impact

US Sanctions Drive Yemenis to Decentralized Finance

US Sanctions Drive Yemenis to Decentralized Finance

As TRM Labs explains, Yemeni citizens are turning to decentralized finance (DeFi) protocols more than ever. They are using these tools to help them get by as US sanctions squeeze the Houthi authorities. The US government has recently designated the Houthi movement as a terrorist organization. Unfortunately, this designation led...

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Vaultro's $VLT Presale Gains Momentum as XRP Surges Past $2.50

Vaultro's $VLT Presale Gains Momentum as XRP Surges Past $2.50

Vaultro Finance’s $VLT token presale is taking the XRP Ledger (XRPL) ecosystem by storm. In fact, it’s accomplished 10% of its softcap already just days after its public debut! This milestone coincides with XRP's significant price surge, officially crossing the $2.50 mark and injecting bullish sentiment into the market. Vaultro...

Aave's Onchain Value Surges to $40 Billion, Marking a New Milestone

Aave's Onchain Value Surges to $40 Billion, Marking a New Milestone

Aave, the decentralized finance (DeFi) lending platform, hit a new milestone! It has now notched an impressive $40 billion total value locked onchain. That’s a historic jump, up an astounding 60% from just last month. It pretty much plants Aave’s flag even more strongly into the DeFi landscape. The increase...

Solana Presale Nears Completion Amidst Market Recovery

Solana Presale Nears Completion Amidst Market Recovery

Now Solana, one of the top blockchain platforms, is nearing the close of its $56 million presale. On the whole, it has already sold successfully 91.60% of its tokens! This milestone is a positive sign of investor confidence in Solana’s long-term recovery from the technical challenges it experienced throughout 2023....

Web3 AI's Presale Gains Momentum as Avalanche Faces Price Pressure

Web3 AI's Presale Gains Momentum as Avalanche Faces Price Pressure

Web3 AI has everyone in the crypto world buzzing. Its suite of AI-powered tools and a very successful presale that has already raised over $2.5 million! The platform’s proactive Scam Detector is receiving major accolades for protecting investors from fraud. At the same time, Avalanche (AVAX) suffers one of the...

UK Unveils Draft Crypto Rules Aiming for Global Hub Status

UK Unveils Draft Crypto Rules Aiming for Global Hub Status

The United Kingdom recently published draft regulations. These regulations are intended to establish the country’s standing as a worldwide leader in digital assets. These new rules will require non-UK platforms offering services to UK retail clients to get authorized by the Financial Conduct Authority (FCA). Further, UK-issued, fiat-backed tokens will...

DexBoss Presale Gains Traction, Promising Significant ROI in DeFi Sector

DexBoss Presale Gains Traction, Promising Significant ROI in DeFi Sector

With its user-centric approach, DexBoss is gearing to change the decentralized finance (DeFi) ecosystem for good by focusing on simplicity, efficiency, and profitability. Its native token, $DEBO, fuels the DexBoss ecosystem. It unlocks high leverage trading tools including real-time trailing orders and deep liquidity pools. The $DEBO presale has attracted...

DexBoss Presale Gains Momentum, Attracting Investors With Innovative DeFi Features

DexBoss Presale Gains Momentum, Attracting Investors With Innovative DeFi Features

The DexBoss ($DEBO) presale has enthusiasts buzzing in the decentralized finance (DeFi) dancefloor. Hot digital trends like NFTs and DeFi are attracting the attention of first-time traders and institutional investors alike. Further enriching the platform’s appeal is its unique multi-stage presale structure. With great features it is placing itself to...

Rootstock's Mining Participation Soars Amidst TVL Dip in Q1 2025

Rootstock's Mining Participation Soars Amidst TVL Dip in Q1 2025

Rootstock, a Bitcoin layer-2 network to allow for Ethereum-like functionality, had a rough first quarter of 2025. Today, the platform is enjoying an incredible jump in merged mining on-platform with an all-time high of 81% merged mined. Yet its Bitcoin-denominated Total Value Locked (TVL) dropped by 7.2%. Its US dollar-denominated...