Web 3.0 Ethiopia - DeFi & AI
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Bridging the Information Gap on DeFI and Artificial Intelligence for Ethiopians
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DeepTutor by Opennote: Revolutionizing Personalized Learning with AI

DeepTutor by Opennote is an innovative AI-powered deep research tool designed specifically for learning, launched on February 21, 2025.

Billed as the world’s first and fastest of its kind, it aims to transform the internet into a personalized tutor for users. Developed by the team at Opennote, founded by UCLA students Obby and Rishi, DeepTutor leverages custom AI models to provide highly accurate, tailored responses to open-ended queries, fostering a deeper understanding of complex topics.

Building on Opennote’s mission to revolutionize STEM education through interactive and personalized tools, DeepTutor integrates seamlessly with the platform’s ecosystem, which already includes features like animated video lessons and real-time visualization tools.

This tool represents a significant step toward making advanced, research-driven education accessible and efficient for learners worldwide.

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Introducing Lucy: Ethiopia’s First Multilingual AI Voice Assistant & Chatbot

Lucy, Ethiopia’s first AI-powered multilingual voice assistant and chatbot, has been officially launched. Developed to enhance accessibility and bridge language barriers, Lucy supports Amharic, Afaan Oromo, and Tigrinya—the country’s three most spoken languages—alongside English and over 100 international languages.

The AI assistant offers real-time news updates, business process guidance, speech-to-speech translation, and curated Ethiopian-specific information. Designed to drive digital transformation, Lucy also provides support for visually impaired communities by assisting with daily tasks through AI.

The project, led by Zemenu, was made possible through collaborations with Microsoft Azure, Goethe-Institut Äthiopien, Balchut Creatives, BITS College, and Creative Hub Ethiopia.

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Bybit Breach: North Korea’s Lazarus Group Steals $1.5B in Crypto Hack


Bybit, one of the largest cryptocurrency exchanges, suffered a major security breach, marking it as potentially the largest crypto hack in history. Hackers stole approximately $1.4 to $1.5 billion worth of Ethereum (ETH) and related tokens, such as stETH and mETH, from the exchange’s Ethereum cold wallet.

The attack involved a sophisticated method where the attackers manipulated the user interface (UI) during a routine transfer from a cold wallet to a warm wallet, masking the signing interface to display a legitimate address while altering the underlying smart contract logic. This deception tricked wallet signers into approving a malicious transaction, allowing the hackers to gain control of the wallet and transfer the funds to unidentified addresses.

The hack triggered a significant outflow of funds, with over $5 billion in total assets withdrawn from the platform, including a “bank run” by users fearing insolvency.

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DeepSeek Kicks Off OpenSourceWeek with FlashMLA: Revolutionizing AI on Hopper GPUs


In a groundbreaking move during OpenSourceWeek, DeepSeek, a leading Chinese AI startup, unveiled FlashMLA, an optimized decoding kernel for NVIDIA Hopper GPUs, as highlighted in their X post on February 24, 2025. This innovation, now in production, enhances the efficiency of machine learning applications by supporting variable-length sequences with BF16 precision and a paged KV cache (block size 64), delivering an impressive 3000 GB/s memory bandwidth and 580 TFLOPS compute performance on the H800 GPU.

This release underscores DeepSeek’s commitment to advancing open-source AI, positioning it as a formidable player against major American AI developers, with its cost-effective and high-performing solutions already gaining attention for rivaling top models like those from OpenAI, as noted in recent tech reports.

Github Link - https://github.com/deepseek-ai/FlashMLA
Bitcoin Mining Costs: A Global Divide

The cost of electricity required to mine 1 Bitcoin varies dramatically worldwide, as shown in this striking map. Ethiopia stands out as the least expensive at $2,506, thanks to its access to affordable hydroelectric power, while Ireland tops the chart at over $321,112, driven by its high energy prices and reliance on imported fuels.

The map’s color gradient—from green for the cheapest regions to red for the most expensive—reveals a clear global divide, with countries in Africa and parts of Asia offering significant cost advantages, while many in Europe and North America face steep expenses, shaping where Bitcoin mining thrives.

Source - NFT Evening
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Frontier Model Intelligence Over Time by AI Lab 


The graph, spanning from late 2022 to early 2025, shows a clear upward trend in intelligence scores, with models like OpenAI's GPT-4 Turbo, GPT-4o (May 2024), and xAI's Grok 3 Reasoning Beta demonstrating significant advancements. Notable models include OpenAI's GPT-3.5 Turbo and GPT-4, Google's offerings, DeepSeek's models, Anthropic's contributions, Meta's developments, and xAI's Grok series, with Grok 3 Reasoning Beta reaching the highest intelligence index of 75 as of February 21, 2025, based on lab claims for unreleased models.

The chart highlights the rapid evolution and competition in AI development, with xAI's Grok models, including Grok 1, Grok 2, and Grok 3, showing substantial improvements over time.

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Just for fun 😁
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Anthrophic launches Claude 3.7 Sonnet Model : It makes a huge coding Breakthrough 

Anthropic's latest AI model, Claude 3.7 Sonnet, has demonstrated a remarkable leap in coding proficiency, achieving a 70.3% accuracy on the SWE-bench Verified test.This performance significantly outpaces other leading models, including Claude 3.5 Sonnet, OpenAI’s o1 and o1-mini, and DeepSeek R1, which scored between 48.9% and 49.2%.

The bar chart accompanying the post underscores Anthropic’s strategic focus on enhancing coding capabilities, positioning Claude 3.7 Sonnet as a top choice for software engineering tasks. This advancement aligns with Anthropic’s announcement of Claude Code, a new tool for agentic coding, and reflects their broader goal to dominate in technical domains while maintaining incremental progress in areas like MMLU and GPQA benchmarks.

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Pump.fun's Struggle: Only One Token Tops $1M in 24 Hours, GMGN Reports


According to GMGN, a memecoin trading platform, in the past 24 hours, only one token launched from Pump.fun has managed to sustain a market value above $1 million. The fear pervading the cryptocurrency market is a primary driver behind the low jump in liquidity for tokens launched on pump.fun.

The pervasive fear, often measured by tools like the Crypto Fear and Greed Index, stems from the market’s inherent volatility, frequent regulatory uncertainties, and a history of scams, rug pulls, and rapid price crashes—particularly within the memecoin sector.

For Pump.fun tokens, this fear exacerbates the challenge of maintaining liquidity, as many projects suffer from high bid-ask spreads, low trading activity, and insufficient community support, making it nearly impossible for most to achieve sustained value or attract long-term holders

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Bitcoin Dips Below $90K: Trump Tariffs and Market Jitters Spark Sell-Off

Bitcoin fell below $90,000, on February 25, 2025, marking its lowest level since late November 2024, as a combination of macroeconomic pressures and crypto-specific factors triggered a broader market decline. U.S. President Donald Trump’s confirmation of 25% tariffs on Canada and Mexico, alongside a 10% tariff on Chinese goods, stoked inflation fears, prompting investors to retreat from risk assets like Bitcoin, which dropped over 4.5% in 24 hours.

The total crypto market capitalization shed 8%, slipping from $3.31 trillion to $3.09 trillion, exacerbated by a slowdown in institutional demand through spot ETFs and a lack of breakout momentum, leaving Bitcoin vulnerable to sell-offs. Analysts note that while the $90,000 support level is critical, a breach could push prices toward $70,000, reflecting the market’s sensitivity to Trump’s policies and a correlating dip in traditional equity markets like the S&P 500 and Nasdaq.

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Ethiopian Blockchain Network Launches Research for bETB Stablecoin


Ethiopian Blockchain Network (EBN) announced the start of research and technical development for bETB, a stablecoin pegged to the Ethiopian Birr (ETB), aiming to bolster financial inclusion and modernize the country’s financial infrastructure.

The initiative will explore blockchain frameworks, regulatory compliance, and use cases like affordable remittances and digital payments for Ethiopia’s unbanked population, while prioritizing security and collaboration with regulators, financial institutions, and local stakeholders. This move aligns with Ethiopia’s digital transformation push, though commercial rollout details remain forthcoming as the focus stays on technical groundwork.

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In a bold move reflecting China's aggressive push into the global AI race, DeepSeek, a Hangzhou-based startup founded by billionaire hedge fund manager turned AI visionary Liang Wenfeng, is accelerating the launch of its latest AI model, R2, ahead of its originally planned timeline, with the release expected before May 2025, signaling the nation's all-in commitment to technological innovation.

Building on the success of its cost-efficient R1 model, launched in January 2025, which has already made waves by rivaling top Western AI systems like OpenAI’s ChatGPT despite U.S. restrictions on advanced chip exports, DeepSeek is now racing to roll out R2 as soon as possible, with anticipated enhancements in coding capabilities and multilingual reasoning that could further solidify China’s growing dominance in the AI landscape.

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OpenAI Expands Deep Research Access with Enhanced Features for ChatGPT Users

OpenAI announced that its deep research feature is now available to all ChatGPT Plus, Team, Edu, and Enterprise users, following an initial launch that has seen several enhancements.

These improvements include embedded images with citations in the output and better understanding and referencing of uploaded files.

As part of the rollout, Plus, Team, Enterprise, and Edu users will receive 10 deep research queries per month, while Pro users will enjoy an increased limit of 120 deep research queries per month.

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Replit’s Launches Replit Agent V2: Redefining Rapid Development in 2025


Replit Agent V2, recently unveiled by Replit, marks a significant evolution in AI-driven software development, empowering users to create sophisticated applications with unprecedented ease. Building on its predecessor, this version integrates Anthropic’s Claude 3.7 Sonnet, enhancing its reasoning capabilities and enabling it to tackle complex coding tasks autonomously.

Unlike traditional coding, which can take hours or days to set up environments, install dependencies, and write code, Replit Agent V2 interprets natural language prompts to autonomously generate complex applications—often completing the process in under five minutes for simpler projects, as demonstrated by its ability to build a QR code generator or a news scraper app in record time. Its intelligent reasoning allows it to hypothesize, debug, and adapt on the fly, slashing the time spent troubleshooting compared to manual methods or even its V1 predecessor.

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Estonia Pioneers AI-Driven Education with OpenAI Partnership


Estonia partnered with OpenAI to launch the "AI Leap 2025" initiative, a groundbreaking effort to integrate ChatGPT Edu—a specialized version of ChatGPT tailored for educational systems—into its national education framework, making it the first country to do so on a nationwide scale. Starting September 1, 2025, this public-private collaboration will provide free access to AI tools for 20,000 high school students and 3,000 teachers, with plans to expand to vocational schools and an additional 38,000 students and 3,000 teachers by 2026.

Aimed at enhancing digital skills and preparing students for an AI-driven future, the program includes teacher training and is supported by negotiations with OpenAI and Anthropic, positioning Estonia as a global model for AI integration in education, as announced by the Estonian government and praised by both companies for its forward-thinking approach.

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Do You Know About the First Airdrop in Ethiopia : Ethio Netsa Coin ($ETN)


Ethio Netsa Coin ($ETN) is a cryptocurrency project rooted in Ethiopia, operating on The Open Network (TON), and it features a community-driven airdrop as a key component of its initiative. Designed to engage and educate its growing community of over 24,000 members, $ETN has outlined plans to distribute 2,000,000 of its 5,000,000 total token supply through an airdrop, as detailed on its official website, aiming to make digital assets accessible to a wide Ethiopian audience.

This effort, tied to the ET Netsa Apps ecosystem, seeks to introduce Ethiopians to blockchain technology and digital assets, leveraging Telegram live streams and the ETN Learn platform to foster participation and learning, while building a strong local base through interactive community activities like polls and real-time market discussions. With its base in Ethiopia, $ETN exemplifies a localized approach to cryptocurrency adoption.

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Amazon Unveils Alexa+: The AI-Powered Future of Smart Assistants


Amazon unveiled Alexa+, a major upgrade to its virtual assistant, on February 26, 2025, in New York City, introducing a generative AI-powered version that’s smarter and more conversational than its 2014 predecessor. Priced at $19.99 monthly (free for Prime members), Alexa+ can order groceries, book reservations, suggest personalized recipes, and proactively assist with tasks like notifying users about events, all while integrating with Amazon’s ecosystem and third-party services like OpenTable and Uber.

Built on Amazon’s Nova models, Anthropic’s tech, and other advanced systems, it aims to compete with ChatGPT, rolling out in early access in March 2025, optimized for Echo Show devices. With over 600 million Alexa devices globally,

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NUNA Ethiopia Launches ADMAS Chatbot to Empower Entrepreneurs


NUNA Ethiopia has introduced ADMAS Chatbot, an AI-powered business development tool designed to support Ethiopian startups, SMEs, and entrepreneurs by providing easy access to business resources, industry insights, and mentorship opportunities.

Developed in collaboration with the Ministry of Innovation and Technology – Ethiopia, the Japan International Cooperation Agency (JICA), and industry stakeholders, ADMAS offers 24/7 access to business insights on market trends and regulations, along with AI-driven guidance to tackle entrepreneurial challenges.

Aimed at enhancing Ethiopia’s startup ecosystem, this innovative tool promises to deliver scalable solutions and improve access to critical business knowledge, potentially transforming support for the country’s growing entrepreneurial community as NUNA Ethiopia continues its focus on innovation and business development.

Source - Addis Insight
Link - https://admas.works/

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ElevenLabs’ Scribe: Revolutionizing Speech-to-Text with Amharic Segmentation


ElevenLabs unveiled Scribe on February 26, 2025, a revolutionary speech-to-text model that’s transforming transcription with a 96.7% accuracy rate for English and support for 99 languages. Scribe has also included Amharic, Ethiopia’s language spoken by over 25 million people, is included with robust segmentation capabilities tailored to its complex Ge’ez script and syllabic structure.

Priced at $0.40 per hour of audio (with an introductory $0.20 rate for six weeks), Scribe outshines competitors like Google’s Gemini 2.0 Flash and OpenAI’s Whisper v3, offering speaker diarization, word-level timestamps, and non-speech detection, all while tackling the phonetic and script complexities of Amharic, a Semitic language often underserved by AI tools.

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Tron’s Gas-Free USDT Move Signals Bold Push to Reclaim Cost Advantage

In a bid to reclaim its edge in the stablecoin arena, Tron founder Justin Sun announced a gas-free USDT feature on February 27, 2025, set to roll out within a week.

This update eliminates the need for TRX tokens to cover transaction fees, tackling recent spikes that saw USDT transfer costs soar to $3.20–$6.50—far above Ethereum’s $0.40 fees. Following a $824 million stablecoin influx this month and building on Sun’s January pledge to slash costs, Tron’s latest move could solidify its rank as the second-largest stablecoin network.

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Bitcoin's Plummet Below $85,000: ETF Outflows and Macroeconomic Pressures in February 2025

The decline of Bitcoin's price below $85,000 in February 2025 stems from multiple factors. Major outflows from U.S. spot Bitcoin ETFs, totaling over $1.77 billion since mid-February, have created significant selling pressure and eroded investor confidence. Additionally, macroeconomic issues, including U.S. inflation fears, potential interest rate hikes, and proposed U.S. tariffs on imports from the EU, Canada, and Mexico, have increased market volatility and driven investors toward safer assets, negatively affecting Bitcoin's value.

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