Tag: us sanctions

Yemen's DeFi Lifeline US Sanctions Spark a Socially Responsible Revolution?

04/19/2025

Yemen's DeFi Lifeline US Sanctions Spark a Socially Responsible Revolution?

Imagine this: Fatima, a mother in Sana'a, Yemen, struggles to feed her children. US sanctions, originally designed to destroy the Houthi rebel group, have instead asphyxiated the country’s already precarious banking sector. With her brother working in Saudi Arabia and sending remittances—their family’s lifeline—to her family. Unfortunately, these funds are...

US Sanctions Drive Yemenis to Decentralized Finance

04/19/2025

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...

Further Reading

Let's cut the crap. We know, we know—you’ve read a billion articles that promised you the next crypto to moon. Most are garbage. The reality? A 1000x return is a pipe dream. If that does occur, it won’t be due to all the hype. It'll be because of tangible progress....

July 2025. That’s the deadline Ethereum’s L2 scaling solutions have made for themselves to achieve important decentralization milestones. Is this deadline realistic, or is it simply a case of hope turning into expectation? We face increasing regulatory scrutiny paired with the reality that decentralized systems are complicated. Let's be blunt:...

Seventeen times the scaling, one third of the fees. Sounds like a Black Friday deal, right? Only this time, this isn’t about flat-screen TVs – it’s your money, your DeFi, and your future at stake. That’s all due to Ethereum’s Layer-2 (L2) scaling solutions. Here's the kicker: this isn't just...

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...

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...

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 news is filled with numbers: $800 million lost, percentages gained and lost, and the technical jargon of cross-chain swaps and virtual value transaction events. For every statistic, there is a human story—a beloved family member whose life has changed forever. The CBEX Ponzi scheme deliberately preyed on vulnerable, low-income...