$110 million. That figure represents the size of the bet placed on Ethereum failing. That’s a wager that this much-hyped supposed engine of crypto’s decentralized finance revolution will fail. What does that gamble truly entail, particularly for folks in the Global South that she and her fellows led astray with...
The world is awash with liquidity. Trillions of dollars, euros, yen, and other currencies are trying to find a home in the global financial system. While some see this as a recipe for inflation or asset bubbles, I see something else: an unprecedented opportunity to use Bitcoin to narrow the...
Solana's recent surge has everyone talking, let's ditch the price charts for a moment. While the crypto bros are drooling over potential ETF approvals and debating whether SOL can hit $180, a far more crucial question looms: What does this mean for Africa? We're not just talking about investment opportunities;...
Now, picture Amina, a single mother in rural Kenya. She invested her life’s savings on a DeFi platform that promised to give her astronomical returns, seduced by the hope of finally leaving behind the shackles of poverty. She was among 8,000 customers who lost everything when the platform suddenly collapsed....
Now picture a world where your local currency is about as wobbly as a three-year-old on a pair of roller skates. That is the harsh truth for so many in the Global South. Today, crypto offers that solution too—a digital escape hatch from the hardships of our new economic reality....
Now picture Emily Nkrumah, a dynamic entrepreneur based in Accra, Ghana. Yet as much as she creates beautiful hand-made jewelry, her dreams are suffocated. Her profits are eaten up by crippling bank fees. International payments are a nightmare, and the constantly-changing Cedi (the Ghanaian currency) makes her sleep less than...
The 60-day pause in the multi-state lawsuit against the SEC is more than that. It stands to be a launchpad for bottom-up, African-led innovation in the crypto space. Large, coastal US states are winning the fight against regulatory overreach. African countries hold greater agency than ever before to define their...
Trump's signature on that DeFi resolution? It's more than just a crypto policy tweak. It's a shot across the bow in a global debate about the future of finance, especially for the unbanked and underbanked. While the Blockchain Association may be popping champagne corks, don’t miss the forest for the...
The prospects of DeFi are hard to resist, particularly when you think about how badly international remittance is going. This thematically familiar system is plagued by glacially slow processing times and exorbitant fees. It’s weighed down by so many intermediaries, it would sink a small town. Now, picture a world...
Indeed, the worldwide DeFi market is expected to explode to $1.5 trillion by 2034. That's a mind-boggling figure. Let’s not kid ourselves; these figures sometimes seem like a million miles away, removed from the daily realities facing billions. We regularly hear about the promise of disruptive innovation. Does any of...