BitKE

AAVE, the leading, decentralized non-custodial liquidity protocol that allows users to lend and borrow cryptocurrencies without intermediaries, has introduced a safeguard for platform users that blocks any swap with a price impact greater than 25%.

In a post-morten report on a swap incident

Yassir, an Algerian digital marketplace startup, raised $150 million in a series B round, totaling $193.25 million since its launch. With over 8 million users, it aims for continental and global expansion, offering ride-hailing, delivery, and financial services.

BridgeCard, co-founded by Owumi Festus and Tunde Adewole, is a fintech app that consolidates users' financial accounts for seamless transactions. Selected for Y Combinator's S22 batch, it raised $440,000 to enhance its platform and user base.

MiniPay, a stablecoin wallet by Opera on the Celo blockchain, won the Web3 award at the Africa Tech Summit. It enables instant transactions with phone numbers and supports local payment methods. Launched in September 2023, it boasts 4.8 million users.

Nigerian fintech startup Opay has seen a 30% increase in valuation, reaching $2.7 billion since its 2021 Series C funding round. Its services and agent banking model significantly boosted its user base and revenue in 2023, aided by a currency shortage in Nigeria.

Cango posted a Q4 2025 net loss of about $285M as rising costs and transformation charges overshadowed mining revenue; 2025 also saw a $452.8M loss amid an AI-infra pivot and higher costs.
Abstract: Bitcoin miner Cango reported a steep Q4 2025 loss driven by rising energy, infrastructure and transformation charges, despite robust quarterly mining revenue. For 2025, the company logged a larger net loss due to non-recurring costs and fair-value adjustments while expanding production and pursuing an AI infrastructure integration with its mining operations.

Kotani Pay is expanding its crypto on-ramp and off-ramp services into Rwanda and Uganda, enhancing access to blockchain via USSD for local businesses and users. This move aims to simplify crypto- fiat exchanges and support fintech growth in these markets.

Zazuu, a London fintech focused on African remittance, has shut down after raising over $2 million due to insufficient funding, despite exploring all options.

Pan-African crypto company, Mara, which made headlines when it raised $23 million in one of the biggest Web3 raises on the continent, has laid off approximately 85% of its employees and implemented salary cuts for remaining employees, a new report alleges.
Quoting a source within the company, the r