E-Business
Oracle Tackles DataCenter Cost, Complexity with Next-Gen Systems

Larry Ellison, Oracle Executive Chairman of the Board and CTO, at a live event on Thursday, outlined Oracle’s strategy for reducing customer costs and increasing value with a new generation of engineered systems, including Oracle’s new Virtual Compute Appliance X5, Oracle FS1 Series Flash Storage System, and sixth-generation Oracle Exadata Database Machine X5.
Oracle’s integrated appliances are simple to use and ready for production deployment out of the box.
Oracle experts integrate, optimize, automate, test, patch, and support the full software and hardware stack, significantly lowering customer costs.
More than 10,000 units have shipped to date as Oracle customers across the globe adopt Oracle engineered systems and appliances to simplify their IT infrastructures, speed application deployments, and increase data center productivity.
“We’re going to compete for that core data center business. Our appliances and engineered systems deliver the highest performance by a large margin at the lowest purchase price for the data center core.
They get the job done faster, more securely and more reliably than any competitive offering available today,” said Ellison. “Our customers want their data centers to be as simple and as automated as possible. With some of Oracle’s engineered systems and appliances, you can pay 50 percent less, BUT you have to be willing to take TWICE the performance.”
The new generation of integrated appliances include: Oracle’s Virtual Compute Appliance X5: Paired with the Oracle FS1 Series Flash Storage System, the Virtual Compute Appliance provides a complete, converged infrastructure system.
Deployed in a matter of hours, this system can dramatically reduce cost, risk, installation, and management time, and give customers the ability to easily reduce infrastructure complexity by as much as 70 percent, deploy applications 7x faster, and cut capital expenditures by as much as 50 percent.
Compared to Cisco plus EMC, Virtual Compute Appliance is 50 percent cheaper and easier to deploy.
Oracle Database Appliance X5: Ideal for distributed and branch office deployments, Oracle Database Appliance offers a complete package of compute, storage, and software that saves time and money by simplifying deployment, maintenance, and support of database and application workloads.
Oracle Database Appliance X5 adds flash caching, integrated InfiniBand connectivity, increased compute cores, and increased storage to improve consolidation density by up to 4x.
Oracle Big Data Appliance X5: Delivers comprehensive and secure Hadoop and NoSQL capabilities to the enterprise at a 35 percent lower three-year total cost of ownership and with 30 percent faster deployment time than a custom-built cluster.
For faster, lower-cost throughput, the new appliance comes with twice the RAM and 2.25x the processor cores.
Also available on Oracle Big Data Appliance is the latest version of Oracle Big Data SQL, which extends Oracle SQL to Hadoop and NoSQL, enabling customers to use one fast SQL query across all their data, with no application changes.
Oracle’s Zero Data Loss Recovery Appliance X5: Provides a groundbreaking Oracle Database-integrated data protection solution that eliminates data loss exposure for all Oracle databases, with minimal impact to production environments.
Available today, this new version offers faster processors and up to 30 percent expanded capacity within a single rack, enabling faster recovery, higher throughput, and improved database backup consolidation.
Sixth-Generation Oracle Exadata Database Machine X5: The sixth-generation Oracle Exadata Database Machine is the highest-performing and lowest-cost platform for running Oracle Database.
Oracle Exadata’s architecture features scale-out database servers, scale-out intelligent storage servers, and high-speed InfiniBand networking.
Oracle Exadata X5 includes: Faster base performance: 50 percent faster processors, 50 percent larger maximum memory capacity, and faster and larger flash increase overall performance.
Extreme Flash Storage Server: A newly introduced all-flash storage server uses ultra-fast PCIe flash drives, the latest Non-Volatile Memory Express flash protocol, and InfiniBand scale-out to achieve breakthrough performance and price per I/O.
Oracle Exadata X5-2,Oracle SuperCluster T5-8 and Oracle SuperCluster M6-32 engineered systems can be configured with extreme flash storage servers.
Elastic Configurations: Storage and compute can now be configured and expanded one server at a time to provide granular on-demand expansion at a lower cost.
Elastic configurations allow customers to configure Oracle Database In-Memory optimized systems as well as all-flash OLTP systems.
Oracle VM Support: Consolidated environments can achieve a high level of workload isolation using Oracle VM while taking advantage of ultra-fast InfiniBand networking. Virtual machine-based licensing reduces software costs.
New Software Features: Oracle Exadata X5 has many new software capabilities, including faster pure columnar flash caching, database snapshots, flash cache resource management, near-instant server death detection, I/O latency capping, and offload of JSON and XML analytics, as well as support for Oracle Linux 6.
Investment protection: Existing Oracle Exadata systems can be expanded with new X5-2 servers, and new software features are supported on previous generations of Oracle Exadata hardware.
Exabus Connectivity: Oracle Exadata X5-2 supports native Exabus connectivity to the updated Oracle Exalogic Elastic Cloud X5-2.
Oracle Exalogic Elastic Cloud X5-2 delivers breakthrough performance and scalability for Java, Oracle Fusion Middleware and Oracle Applications and will provide customers the ability to run on premise the same Infrastructure as a Service and Platform as a Service capability offered in Oracle Cloud.
E-Business
Global Crypto Heists Surge to $2.1Bn in H1 2025 as Digital Assets is Weaponised

In a sobering revelation of the evolving threat landscape facing the digital asset ecosystem, blockchain intelligence firm TRM Labs has disclosed that over $2.1 billion worth of cryptocurrency was stolen in the first half of 2025 alone, spanning at least 75 high-profile hacks and exploits.
This staggering figure marks a 10 per cent surge over the previous first-half record set in 2022 and nearly eclipses the total stolen in all of 2024.
But beyond the monetary scale, the report reveals a deeper concern: a growing trend of state-sponsored cyber aggression weaponising crypto assets for strategic and geopolitical purposes.
The most devastating breach to date occurred in February when Dubai-based exchange Bybit lost $1.5 billion—the largest crypto heist in history.
TRM Labs attributes the attack to North Korean state actors, noting that the incident alone accounted for nearly 70 percent of total losses during the period and doubled the average hack size to $30 million.
“The Bybit hack redefined the threat landscape,” the report stated.
“It exemplifies how digital asset theft has transcended criminal opportunism and morphed into a tool of statecraft.”
Indeed, North Korea-linked entities were responsible for an estimated $1.6 billion of the total stolen, further entrenching Pyongyang’s status as the most prolific nation-state threat actor in the crypto sphere.
Yet the menace is diversifying. On June 18, Iranian crypto exchange Nobitex was breached for over $90 million by a group reportedly linked to Israel, Gonjeshke Darande (Predatory Sparrow).
Unusually, the stolen funds were routed to unusable vanity addresses, underscoring symbolic and political motives rather than financial gain.
TRM Labs flagged this as a “disturbing shift,” with digital asset theft increasingly deployed as a weapon in asymmetric geopolitical conflict.
The report also found that more than 80 percent of losses stemmed from infrastructure breaches, including private key theft, seed phrase leaks, and front-end compromises— attacks typically ten times costlier than other vectors.
Meanwhile, DeFi exploits such as flash loan manipulations accounted for 12 percent of losses, reflecting persistent smart contract vulnerabilities despite years of scrutiny.
As digital currencies become enmeshed in global rivalries, TRM Labs warns that conventional cybersecurity approaches are now inadequate.
“Massive breaches, often tied to nation-state operations, require a new defence paradigm,” the firm asserted, urging industrywide adoption of advanced safeguards and cross-border collaboration among regulators and law enforcement.
E-Business
CAC Launches AI-powered Business Registration Portal

Corporate Affairs Commission (CAC) has inaugurated the pilot take-off of its new Artificial Intelligence (AI)-powered registration portal.
A statement issued by the commission explained that Malam Hussaini Magaji, registrar-general of the CAC, made the announcement during the 2025 Stakeholders Forum in Port Harcourt.
According to him, “the initiative is a major milestone in Nigeria’s business facilitation drive.”
The Registrar further explained that the upgraded portal marks a complete overhaul of the Company Registration Portal (CRP), saying that it comes with advanced features designed to simplify and speed up business registration.
The new system, according to him, allows for instant name reservation approvals, likening the ease to creating an email account, and stressing that the AI-powered platform could suggest available alternatives to business names and approve them immediately.
Another innovation, he stated, is the ability to register a business using only the National Identification Number (NIN) of a director or proprietor, pointing out that there is an ambitious target of completing business registration and certificate generation within 30 minutes, subject to real-time NIN validation.
E-Business
Bitget Launches Institutional Services to Empower Fintech Innovation

Bitget has launched its institutional services in Nigeria, offering fintech companies a robust platform to build innovative solutions on top of Bitget’s suite of institutional-grade offerings.
Gracy Chen, CEO, Bitget, in a statement said, “Our goal is to empower Nigerian businesses to innovate and leverage blockchain for wealth creation opportunities, hence, the institutional services empower fintech leaders with tailored solutions, as the offerings designed to cater for the unique operational needs of institutional clients, enabling businesses to embed trading functionalities like spot and futures markets, wallet management, and more, directly into their platforms.
“The Key services include White-label Broker Services which enabled Fintech companies to deploy customized crypto exchanges using Bitget’s infrastructure while managing branding and users independently. There is also API Solutions that can make the Developers to integrate trading functionality via APIs for spot, margin, and derivatives markets, ensuring fast execution and seamless experiences for end users.”
Chen added, “The ND Broker Model provides clients with complete autonomy over user-facing platforms, offering exclusive front-end flexibility while relying on Bitget for back-end market liquidity. Clients are able to employ Protection Fund and Proof of Reserves of over $600million secured in the Bitget Protection Fund and real-time Proof of Reserves, which gives clients assurance of maximum transparency and security.”
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