The Open Network (TON) has launched a $25 million fund through its TON Accelerator Program to support DeFi projects with investments of $50,000 to $250,000, aimed at fostering innovation within its ecosystem, particularly among participants of a recent hackathon.
The Internet Corporation for Assigned Names and Numbers (ICANN) has launched a global Grant Programme granting innovators across Kenya and the world access to a $10 million fund.
Solidus Ai Tech is set to launch Agent Forge, a groundbreaking platform designed to redefine how users interact with AI agents. By harnessing the power of artificial intelligence, Agent Forge enables anyone – not just developers – to create customized AI agents that automate tasks, enhance
Galaxy Digital Holdings is launching Galaxy Ventures Fund I LP with a $100 million commitment to support early-stage cryptocurrency startups, allocating over $1 million to each of up to 30 companies over three years. This initiative comes amid a rise in funding for crypto ventures, although overall investment has decreased significantly from the previous year.
Cognition has introduced Devin, the world's first AI software engineer, capable of completing engineering tasks and navigating job interviews. While praised for its advanced capabilities, concerns about complexity and job displacement persist. Devin may enhance collaboration between AI and human engineers.
The Runes protocol by Casey Rodarmor allows for the creation of altcoins on the Bitcoin blockchain, enhancing token generation efficiency. Following Bitcoin's halving, it aims to attract users and increase block space demand, potentially boosting transaction fees.
VOVE ID, a Moroccan reg-tech startup, has received investment from The Baobab Network to expand in Africa and the Middle East. Founded in 2024, it offers an AI-driven KYC solution to streamline digital identity verification. This funding will boost its platform and team growth.
ECOWAS finance ministers and central bank governors have revived plans for the ECO, a single currency aimed at enhancing economic integration and stability in the region. The initiative seeks to reshape the economic landscape despite past challenges and regional instability.
بعد ما يقرب من عقدين من الخدمة المحدودة، أعادت شركة المدفوعات العالمية، بايبال، الدخول إلى الاقتصاد الرقمي في نيجيريا، ليس من خلال إطلاق مستقل مبهر، بل من خلال شراكة استراتيجية مع شركة التكنولوجيا المالية المحلية، باجا، التي تفتح أخيرًا باب المدفوعات الدولية الواردة للنيجيريين.
Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced a strategic partnership with Absa Bank to provide digital asset custody to the bank’s customers in South Africa. Through the partnership, Absa will leverage Ripple’s institutional-grade digital a
A total of 16 African startups are part of 200 startups that will be showcasing their products at the TechCrunch 2023 Startup Battlefield, described as an invitation-only cohort of game-changing early-stage startups. Out of the 16, two of the startups are leveraging blockchain as the technology
StarkWare has launched a $4 million venture fund to support blockchain startups in Africa, focusing on early-stage projects deploying on Starknet. Led by Kheireddine Kamal, the fund targets regions with high blockchain adoption potential, offering grants up to $150,000 and investments up to $500,000.