E-Business
UN, Microsoft Launch Computer Lab for Environmental Issues

Microsoft Research and the UN Environment Programme launched open source technology that allows scientists to simulate how all organisms on earth interact in a changing environment.
The technology, Madingley, launched by Microsoft’s Computational Science Lab and UNEP’s World Conservation Monitoring Centre could help scientists and policy makers will now be able to answer crucial questions previously unanswerable.
Achim Steiner, UNEP executive director, said the technology would improve understanding of the causes and impacts of degradation, helping scientists and governments develop avoidance and mitigation measures.
“The model is the first to couple all of the key biological processes and ecological theory that underpin the life cycle and behaviour of living organisms.
“Organisms from energy acquisition, to feeding metabolism, reproduction, dispersal and earth,” Steiner said in a statement issued in Nairobi.
The Microsoft and UNEP-WCMC team developed the first computer model able to simulate how all organisms interact on a global scale.
The Madingley Model creates a simulation of life on Earth, following a set of basic ecological tools found in the real world.
Steiner said anthropogenic activities are causing widespread degradation of ecosystems worldwide; threatening the ecosystem services upon all life depends.
“Madingley is an exciting new technology which offers the scientific community and world leaders a vital tool to predict how unsustainable development pathways would affect the natural world,” Steiner said.
The Madingley model is able to provide this long-term, predictive and truly global insight previously lacking in other models.
The Microsoft and UNEP-WCMC team said the solution is able to assess and predict human impacts on a diverse range of ecosystems.
It can be applied to any ecosystem, marine or terrestrial, and can be applied at any scale from local to global.
“Our model is a first working version which will hopefully encourage other scientists to become involved in developing this, or analogous, global models of life,” said Drew Purves.
Purves is the head of the Computational Ecology and Environmental Science group and co-author of the initiative.
They will, for example, be able to show what will happen to an ecosystem if bees become extinct.
They will be able to show decision makers how our world will look if action is not taken to safeguard our planet’s future.
According to the statement, the team first simulated the physical Earth with continents, oceans and a global climate, before inserting digital organisms.
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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