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FUNDING | Nigerian Fintech, JuicyWay, Raises $3 Million to Provide FX Exchange Using Stablecoins
JuicyWay, a Nigerian startup for cross-border payments, has raised $3 million in pre-seed funding to enhance its operations in multiple countries. Founded in 2021, it facilitates currency exchange for businesses using stablecoins and has processed $1.3 billion in transactions.
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WATCH | ‘We’re the Biggest Processors of Starlink Payments in Nigeria’ – A Chat with CEO, PayDay
Favour Ori, CEO of PayDay, discusses the startup's growth as Africa's leading neobank and Starlink payment processor. Recently raising $3 million, PayDay boasts over 100,000 new users monthly and aims to streamline payment collection across Africa.
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FUNDING | Nigerian Web3 Startup, WiCrypt, Receives $150,000 Grant from Microsoft
WiCrypt Network, a decentralized mobile internet sharing platform in Nigeria, secured a $150,000 grant from Microsoft to enhance its operations. The network allows users to monetize spare WiFi bandwidth while accessing the internet securely through decentralized hotspots.
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Steuerwesen | Was Sie über die neuen Meldepflichten für Kryptowährungen in der Europäischen Union (EU) wissen müssen
Ab dem 1. Januar 2026 werden die EU-Länder (EU) die DAC8 – die Achte Richtlinie zur Amtlichen Zusammenarbeit – durchsetzen, die den automatischen Austausch von Steuerinformationen erstmals auf Krypto-Transaktionen ausdehnt. Dies bringt Krypto im Wesentlichen in dasselbe Transparenzsystem, das bereits ko
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MILESTONE | PanCakeSwap Shatters Records with Over $300 Billion Monthly Volume in June 2025, Over $500 Billion in Q2 2025
PancakeSwap, the leading multi-chain decentralized exchange (DEX), has once again raised the bar for DeFi, reporting $325 billion in trading volume for June 2025, the highest single-month figure in the platform’s five-year history.
This milestone comes just one month after May’s
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CBDC | Ruanda startet Pilotphase für seine e-FRW CBDC mit echten Nutzern nach erfolgreichem PoC
Die Nationalbank Ruandas (BNR) hat ihren lang erwarteten Bericht zum Proof of Concept (PoC) der Zentralbank-Digitalwährung (CBDC) veröffentlicht, was einen bedeutenden Schritt in Richtung eines potenziellen ruandischen digitalen Franc (e-FRW) darstellt.
Dieses umfassende PoC, das über fünf Monate durchgeführt wurde, testete nicht nur die technische Machbarkeit
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Nigerian Web3 Startup, Nestcoin, Admits Funds Stuck in FTX – Releases 30 Employees
Nestcoin, a Web3 startup in Africa, has laid off employees due to funds being held in the FTX exchange following its bankruptcy. CEO Yele Bademosi emphasized the need to adjust the company's strategy and plans. The layoffs impact 30 employees, with remaining staff facing a 40% salary cut.
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CALL FOR APPLICATIONS [DEADLINE: JUNE 1 2025] | Fedrok AG Announces $20,000 Blockchain Grant to All African Developers Looking to Build for Chad and Niger
Fedrok AG, a pioneering Swiss blockchain firm renowned for its innovations in carbon credit tokenization and sustainable Web3 technologies, has launched a new $20,000 blockchain development grant aimed at African developers.
This initiative is designed to foster the creation of blockchain-based
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MILESTONE | Aave Now Controls 20% of DeFi Total Value Locked
Aave has achieved significant growth, now representing 20% of the DeFi ecosystem’s total value locked at over $24 billion. Its token AAVE surged 90%, reflecting the broader DeFi rebound as institutional interest and mobile use cases drive engagement, particularly in emerging markets.
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REALITY CHECK | Why Reddit Terminated the Crypto Community Points Project and Looks to Reward Users in Cash Instead
According to a post on Reddit by a member of its Community team, the social platform will put an end to its cryptocurrency project, Community Points, due to difficulty scaling it.

According to the post on r/CryptoCurrency by the user u/cozy\_\_sheets , the regulatory environment has added to sca
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FINTECH AFRICA | Ripple ($XRP) Partners with Leading African Fintech, Chipper Cash, for Crypto Cross-Border Payments
Ripple has partnered with Chipper Cash to improve cross-border payments in Africa using crypto. This collaboration aims to enhance transaction speed, reduce costs, and promote financial inclusion for 5 million users across several countries.
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LAUNCH | Uniswap Launches Wallet for Android (Beta) with Interesting Features
Uniswap has launched a beta version of its wallet app for Android, enhancing token swapping capabilities with automatic network switching and support for multiple blockchains. The app aims to simplify and secure trading on mobile devices.
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