Tag: sanctions

Yemen's DeFi Revolution: Sanctions Fueling a Meme-Worthy Crypto Surge?

04/19/2025

Yemen's DeFi Revolution: Sanctions Fueling a Meme-Worthy Crypto Surge?

Remember Doge? Recalibrate your outlook just a little and do you all remember when everyone thought crypto was a temporary bubble, a digital tulip mania? So grab your popcorn and get ready! Yemen is adding another chapter to the ongoing history of crypto. We know, it sounds crazier than a...

Yemen Turns to DeFi: US Sanctions Fuel Crypto Adoption

04/19/2025

Yemen Turns to DeFi: US Sanctions Fuel Crypto Adoption

Meanwhile, financial sanctions and conflict are devastating Yemen’s economy. Consequently, average individuals are seeking the safety and flexibility of decentralized finance (DeFi) as a major institution alternative to traditional banking systems. The US administration has reinstated the Houthis’ designation as a Foreign Terrorist Organization (FTO), which has led to increased...

Further Reading

Ethereum's Layer-2 (L2) scaling solutions are making waves, and the numbers don't lie. We’re not exaggerating when we say that this means a 17x increase in activity, drastically reduced fees and a massive victory for decentralization. What does all of this actually mean for you, the average DeFi user or...

Okay, let's be real. We've all been there. You finally track down that ideal Pepe NFT that’s surely set to be a blue-chip (possibly!), and then BOOM! Gas fees are rug pulls for your pockets. All of a sudden, that digital magnum opus is running you the price of your...

Ethereum’s progress towards its bold vision of being the decentralized backbone of Web3 was always going to be the result of constant innovation. Anjali Mehra, DeFi Policy and Opinion columnist at Forkast, highlights the Ethereum network’s recent progression. She especially highlights the potential positive impact of Layer 2 scaling solutions....

Forty-two billion dollars. Let that number sink in. That's the value currently secured within Ethereum's Layer-2 (L2) ecosystem. It’s an incredible figure, indicative of the potential just in scaling solutions developed and deployed on top of the Ethereum mainnet. Or is this just ideological, anti-government, tax-cutting zeal disguised as pragmatic...

The NFT space is an extremely fast-moving environment, and it can be difficult to discern what’s truly valuable or useful to pay attention to. Here at GreedyChain, we do all the hard work to focus on the hottest NFT trends for you. The recent sell-out of Forexus' 'Brass Coin' NFTs...

Forexus’ “Brass Coin” NFT collection exploded on the MegaETH testnet. Sold out in 4 minutes, $15 million (4,000 ETH) volume traded in the 1st day, floor price shot to $1. Sounds like a victory lap for MegaETH, doesn’t it. A beacon of hope from the future – a future when...

Alright, now onto this Forexus Exhibit “Brass Coin” NFT collection. Sold out in minutes? That’s 4,000 ETH in one day on the MegaETH testnet! The art critic within me may just be raising an eyebrow, but the numbers are literally screaming. As someone who's spent more time staring at memes...

The world of cryptocurrency is a wild and thrilling place, with immense opportunities, but it’s home to some nefarious characters. Learn more as Thabo Selepe, our cross-chain technology analyst, sheds some light on his expertise. He then breaks down the intricate tactics that Ponzi schemes employ to launder money between...