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Crypto cyberhack losses halved in 2023

The amount of hacks remains stable, but the value of the losses incurred is plummeting

Nigeria slowly walks back two-year-old ban on crypto

The country's financial regulator introduced restrictions on crypto transactions in February 2021

Embattled Tingo co-CEO Dozy steps down temporarily

Odogwu 'Dozy' Mmobuosi, co-CEO of Tingo, an African-focused agritech startup listed on the US stock exchange, has temporarily stepped down following fraud charges filed against him by the US Securities and Exchange Commission (SEC). The company publicly announced this decision on Thursday, December 21, 2023.

Nairaland temporarily abandons Cloudflare services, returns online

Nairaland is back online a few days after its web server was deactivated by Cloudflare, a US-based hosting provider.

Patricia $2M hack: Court schedules Wilfred Bonse trial for June 2024

The court trial for Wilfred Bonse, a Nigerian politician arrested for alleged involvement in the cyber hack that resulted in a $2 million loss for Patricia, will be held in June next year, according to a statement seen by Bendada.com.

SpaceX’s Starlink has gone live in Eswatini

Elon Musk’s satellite internet service, Starlink, has officially launched in Eswatini, a landlocked country in Southern Africa. 

Amazon Web Services leadership meets with the Nigerian Government ahead of 2024

This visit is one out of many that will happen over the next year, with a follow-up expected to happen in January 2024.

Despite tough economics, Africa’s smartphone market stays resilient

Chinese maker Transsion—known for its Infinix, Tecno, and Itel brands— retains its top position in the market

Nigeria awards AI research grant to Lendsqr and 44 other startups and experts

45 startups and researchers have been picked for the first National AI Research Scheme, with each grantee set to receive a ₦5 million grant.

Nairaland web downtime puts the spotlight on content moderation

Cloudflare, the hosting provider, has disabled the web server of Nairaland, a leading online community in Nigeria.

Inter-bank transfer restored in Lesotho after cyber hack

On December 11, the Central Bank of Lesotho (CBL) reported a system outage due to a cyberhack. The downtime which affected the national payment system led to the temporary suspension of inter-bank transactions in the country.