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TON Launches $25 Million Accelerator Program to Invest $50,000 – $250,000 Per Project
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.
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BULL MARKET | Solana Resurgence Continues Making $SOL 5th Largest Cryptocurrency by MarketCap
Solana’s native asset, SOL, has surpassed XRP in market capitalization, reclaiming its position as the fifth-largest cryptocurrency.
SOL-4,45%
XRP-4,41%
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CALL FOR APPLICATIONS | Kenyan Internet Infrastructure Developers Invited to Apply for ICANN Global Grant Program
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.
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Solidus Ai Tech Announces Agent Forge – A Revolutionary Platform for AI Agents to Manage Complex Web3 Tasks
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
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FUNDING | Galaxy Digital Holdings to Launch $100 Million Fund for Early-Stage Crypto Startups
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.
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INTRODUCING | World’s First AI Software Engineer, Devin, Has Completed Real Jobs on Upwork
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.
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INTRODUCING | Runes Protocol, ‘Built for Degens and MemeCoins,’ Goes Live on Bitcoin Blockchain Following the Halving
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.
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FUNDING | Morocco’s Reg-Tech, VOVE ID, Secures Funding from Baobab Network
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.
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WEST AFRICA | West African ECOWAS States Move Closer Toward Launching a Single Currency Dubbed ECO
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.
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FINTECH AFRICA | PayPal Kembali di Nigeria – Kali Ini Melalui Paga, dan Crypto Adalah Katalis Diam-diam
Setelah hampir dua dekade layanan terbatas, raksasa pembayaran global, PayPal, telah kembali memasuki ekonomi digital Nigeria, bukan dengan peluncuran mandiri yang mencolok, tetapi melalui kemitraan strategis dengan fintech lokal, Paga, yang akhirnya membuka pembayaran internasional masuk untuk warga Nigeria.
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PRESS RELEASE | Ripple Brings Institutional Digital Asset Custody to South Africa in Partnership with One of Africa’s Leading Financial Institutions
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
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LIST | 2 Out of 16 African Startups Selected for 2023 Techcrunch Startup Battlefield 200 are Leveraging Blockchain
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
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INTRODUCING | StarkWare (Starknet) Unveils $4 Million Venture Fund for Blockchain Startups in Africa
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.
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