Tag: defi

Yemen Turns to DeFi: How Sanctions Fuel Crypto Adoption

Yemen Turns to DeFi: How Sanctions Fuel Crypto Adoption

What Yemen is going through is a singular calamity. As the US sanctions meant to isolate the militant Houthi group in Yemen backfire, they are forcing everyday civilians to adopt decentralized finance (DeFi). As traditional financial systems become harder to access due to ongoing conflict and sanctions, Yemenis are increasingly...

Yemen's DeFi Leap: A Beacon of Hope or a Sanction-Fueled Mirage?

Yemen's DeFi Leap: A Beacon of Hope or a Sanction-Fueled Mirage?

Now picture doing that while the very financial system that you need to support you is being weaponized against you. We know it’s a frustrating and daunting challenge. That’s the new normal for millions of Yemenis, collateral damage in US sanctions targeting the Houthi movement. These sanctions, though imposed with...

US Sanctions Drive Yemenis to DeFi for Financial Solutions

US Sanctions Drive Yemenis to DeFi for Financial Solutions

Yemeni citizens are increasingly turning to decentralized finance (DeFi) protocols as a means of banking themselves, according to TRM Labs. Additionally, the United States continues to sanction all members of the Houthi movement. This change comes as the US officially designates them a terrorist organization.Yemen has been caught in the...

DeFi Nasdaq Bid: Freedom or Control for African Innovation?

DeFi Nasdaq Bid: Freedom or Control for African Innovation?

DeFi Technologies applied to list on the Nasdaq earlier this year. Great news, right? More legitimacy, more capital, potentially more investors. But hold on. So what does all this mean for the real promise of DeFi? This is especially important given the increased significance of places like Africa. Are we...

DeFi Technologies Closer to Nasdaq: What This Means for Crypto

DeFi Technologies Closer to Nasdaq: What This Means for Crypto

DeFi Technologies is turning heads in the financial world! The company is dedicated to bridging the gap between the world of traditional finance with the innovative new world of cryptocurrency. The firm recently submitted a fifth amended Form 40-F Registration Statement with the U.S. Securities and Exchange Commission (SEC). With...

DeFi Technologies Advances Nasdaq Listing Bid with SEC Filing

DeFi Technologies Advances Nasdaq Listing Bid with SEC Filing

DeFi Technologies Inc. has taken the impressive step of having its common shares listed on The Nasdaq Stock Market LLC. Over the last two weeks, they lodged an amended Form 40-F Registration Statement with the United States Securities and Exchange Commission (SEC). This move underscores the company's commitment to expanding...

DeFi Tech's Nasdaq Move Signals Return to Responsible Crypto?

DeFi Tech's Nasdaq Move Signals Return to Responsible Crypto?

DeFi. The Wild West of finance. Here fortunes are made and lost in the blink of an eye. Unfortunately, for the victims that do get burned there are almost no consequences. We've all heard the horror stories: the rug pulls, the unaudited code vulnerabilities, the blatant market manipulation. It would...

Aptos DeFi Growth: Can It Bridge the Gap for Financial Inclusion?

Aptos DeFi Growth: Can It Bridge the Gap for Financial Inclusion?

The price of APT might be waffling around $4.70, and traders are squinting at charts trying to decipher Elliott Waves, but let's be honest: that's not the story. The story with Aptos is much bigger than just a quick pump and dump. Specifically, whether or not its DeFi advancements can...

Aptos: Why Responsible DeFi Investors Should Ignore the Hype

Aptos: Why Responsible DeFi Investors Should Ignore the Hype

The crypto world can be an almost cruel hype machine. And yet, every week it seems, there’s another project out to do just that. And right now, that project is Aptos. You read the headlines, you see the bullish analyst calls, you hear the “ecosystem growth underpinning value” buzz. But...

Aptos Eyes DeFi Dominance Amidst Price Consolidation

Aptos Eyes DeFi Dominance Amidst Price Consolidation

Aptos is steadily positioning itself as a major contender in the decentralized finance (DeFi) arena. Recent additions to the Move programming language have made faster data types possible. These pedestrian-focused upgrades are designed to cement its new status. It is trading on $4.72 for -4.67% today. Analysts believe momentum is...