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

Ben Pasternak, the visionary behind Believe.app, is one of several betting on a future where startups won’t need to go through Sand Hill Road to begin with. He envisions a future of real “Internet Capital Markets.” Here’s how it works. In this utopian vision, developers wouldn’t just submit a glossy...

Picture this: Brenda, an NFT artist who pours her heart and soul into pixelated masterpieces. She’s got the talent, the drive, and a creative community in tune with her art. But Brenda's broke. She’ll need more capital to mint her collection, market it, and scale her operation. So, she goes...

The market’s yelling “bear” from the rooftops, but something just doesn’t compute. You're seeing the headlines, right? Bitcoin predicted to reach absurd highs, altcoin season “just around the corner,” Fear & Greed Index showing signs of greed. Feels… forced, doesn't it? Read as if someone’s avoiding the question because they’ve...

The market’s pumping, Bitcoin’s looking like it just downed a 5-hour Energy and the whole entire world is calling “Altcoin Season! To be frank, figuring out the crypto jungle isn’t easy. It’s like trying to put together IKEA furniture with a bottle of wine! That’s where I come in –...

We’re all seeing Bitcoin court all-time highs, thanks to ETF inflows. Ethereum's Pectra upgrade is making waves. But in doing so, are we becoming so enamored with the gargantuan bad guys that we’re largely overlooking the young, disruptive seedlings growing up at their toes? I'm talking about SOLX, a Layer-2...

Okay, let's be real. Are you actually excited about Bitcoin ETFs? Seriously? Looking them uploading their BTC stash to BlackRock’s ETF pipeline as you F5 on CoinGecko praying for a 0.5% pump. That's your idea of a party? Sounds more like watching paint dry... slowly. And Ethereum? And don’t even...

Forget lambos and laser eyes. The crypto market is changing at an astonishingly fast pace. By 2025, the projects that will come to the fore will be those that solve practical, everyday issues instead of reaching for the stars. It’s time to tune out the chatter and focus on seven...

The DeFi world moves fast. One minute you’re fully integrated, the next minute you’re breaking off and developing your own in-house solution. Layer-2 blockchain Blast — backed by crypto VCs Paradigm and founded by Blur’s Pacman — just ended its integration with Safe (formerly Gnosis Safe). The decision grew out...