Yemeni citizens are increasingly using decentralized finance (DeFi) protocols to bank themselves amid US sanctions aimed at the Houthi group, which they have deemed a terrorist organization. In the past, internet infrastructure challenges and low financial literacy among the war-torn population contributed to relatively limited crypto adoption, according to an April 17 report from blockchain intelligence firm TRM Labs. “However, there are signs of growing interest and usage driven primarily by necessity rather than speculation,” the blockchain intelligence firm said. “For those who use cryptocurrencies in Yemen, the ability to…
Tag: DeFi
DeFi TVL Dropped by $48 Billion in Q1 Amid a Sharp Decline in Altcoin Prices
Key Notes DeFi Total Value Locked (TVL) fell to $128.6 billion from the Q4 2024 figure of $177.4 billion. Bitcoin’s dominance level increased to 59.1%. Altcoins performed poorly compared to Bitcoin. At the start of 2025, crypto enthusiasts believed that the crypto market was in for a bullish run, especially with the U.S. President Donald Trump’s crypto-friendly policies. The end of the first quarter of 2025 tells a different tale, as DeFi Total Value Locked (TVL) fell to $128.6 billion from the Q4 2024 figure of $177.4 billion. The total…
Babylon chain may be the most undervalued Bitcoin DeFi bet: Nansen
Bitcoin’s DeFi ecosystem may finally be ready to take on the big players, as a new project leverages Bitcoin’s inherent security. Bitcoin’s DeFi ecosystem has gained a new player, Babylon, that could shape its future. In a recent report, Nansen called the project potentially one of the most undervalued plays on Bitcoin’s DeFi ecosystem. Critically, Babylon enables users to earn staking rewards in Bitcoin terms without relying on wrapped assets or cross-chain bridges. In doing so, the protocol leverages Bitcoin’s inherent security and decentralization, offering a safer and more native…
Crypto, DeFi score legal wins courtesy of Trump | Weekly Recap
Today’s edition of the crypto weekly recap covers the Trump administration’s moves to benefit meme coins, Bitcoin, stablecoins and DeFi. Trump signs law repealing Biden-era IRS DeFi broker rule Tariff mess is great news for Bitcoin: Binance CEO SEC, Binance… Source CryptoX Portal
How Fasset plans to bring real-world stocks to DeFi and emerging markets
As tokenized real-world assets gain traction across global markets, Fasset is positioning itself at the forefront with the launch of Own, an Ethereum Layer 2 network purpose-built for regulated RWA distribution. With plans to tokenize and offer access to over $1 billion in U.S. equities, including tech giants like Apple, Microsoft, and Nvidia, Fasset is targeting underserved investors worldwide. In this Q&A, I spoke with with Fasset’s leadership about the technical design behind Own, regulatory strategies across jurisdictions, dividend mechanisms, and how tokenized stocks will interact with both TradFi and…
Trump kills DeFi broker rule in major crypto win: Finance Redefined
In a significant win for decentralized finance (DeFi) protocols, US President Donald Trump overturned the Internal Revenue Service’s DeFi broker rule, which would have expanded existing reporting requirements to include DeFi platforms. Increasing US crypto regulatory clarity will attract more tech giants to the space, requiring existing crypto projects to focus on more collaborative tokenomics to survive, according to Cardano founder Charles Hoskinson. Trump signs resolution killing IRS DeFi broker rule Trump signed a joint congressional resolution overturning a Biden administration-era rule that would have required DeFi protocols to report…
Trump signs resolution killing IRS DeFi broker rule
US President Donald Trump has signed a joint Congressional resolution to repeal a rule that would have required DeFi protocols to report to the Internal Revenue Service. 258 Total views 1 Total shares News COINTELEGRAPH IN YOUR SOCIAL FEED US President Donald Trump on April 10 signed a joint Congressional resolution overturning a Biden-era rule that requires decentralized finance (DeFi) protocols to report to the country’s tax authority, the Internal Revenue Service. The rule would have required DeFi platforms, such as decentralized exchanges, to file their gross proceeds from crypto sales and…
Bitcoin DeFi Network Arch Finds VC Backer for Early-Stage Projects
Bootstrapping decentralized finance (DeFi) on any blockchain usually requires a mix of builders with big ideas and funders to back them. That much is as true for baselayers as it is for the financial protocols launching atop them. Arch Labs, whose eponymous network is one of the many projects trying to bring DeFi to Bitcoin, had no trouble raising its $7 million launch capital from big-name venture firms last year. Now it’s shifting focus to help fund those smaller protocols that could make the whole network boom. In that goal…
DeFi security and compliance must be improved to attract institutions
Opinion by: Sergej Kunz, co-founder of 1inch Institutional players have been closely watching decentralized finance’s growth. Creating secure and compliant DeFi platforms is the only solution to build trust and attract more institutions. Clear waters attract big ships Over the past four years, institutional DeFi adoption has gone from 10% of hedge funds to 47%, and is projected to rise to 65% in 2025. Goldman Sachs is reaching their arms to DeFi for bond issuance and yield farming. Early adopters are already positioning themselves in onchain finance, including Visa, which…
Bitcoin DeFi booms as Core blockchain hits $260M in dual-staked assets
Core, a proof-of-stake blockchain built on Bitcoin, has surpassed $260 million in dual-staked assets as institutional interest in Bitcoin-based decentralized finance (DeFi) continues to grow. Core’s initial contributor, Rich Rines, told Cointelegraph that as of April 7, over 44 million Core tokens have been dual-staked with 3,140 Bitcoin (BTC). At the time of writing, the assets are worth about $260 million. Core’s dual-staking model lets Bitcoin holders earn higher yields with CORE tokens. While users can stake BTC at a lower rate, those who stake BTC with Core tokens get…