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E-Business

Roden, ding Boss Named Ernst & Young Entrepreneur of the Year

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Mark Roden named EY Entrepreneur of the Year 2014
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Mark Roden has been named EY Entrepreneur of the Year 2014. Mark is Founder & CEO of ding*, a company which enables people from emerging markets working abroad to send top-up directly to the mobile phones of their family and friends back home. 
 
Mark was presented with the award at a gala dinner in Citywest Hotel on Thursday night by Mike McKerr from Ernst & Young.

“I am absolutely delighted and completely overwhelmed. It’s been an incredible journey growing ding* to where it is today and this is great recognition of all the hard work and dedication put in by everyone at ding* over the past 8 years. I’m grateful to so many people who have played a part in this achievement but special thanks must go to my wife and family who have remained so incredibly supportive over the years,” said Roden.
 
In addition to being selected as overall winner, Mark Roden was named International EY Entrepreneur Of The Year winning the international category in recognition of the global nature of the network he has built with ding*.

John Purdy of Ergo, a leading consultative IT services partner to corporate and enterprise organisations, picked up the award for EY Industry Entrepreneur Of The Year; while Terry Fox of bespoke paper cup manufacturer, Cupprint, was named as the EY Emerging Entrepreneur Of The Year.

Speaking of his fellow finalists, Mark commented: “It’s been an absolute pleasure getting to know so many terrific individuals throughout the process; it shows how innovative we can be here in Ireland.”

Also recognised at the ceremony was Peter Sutherland Chairman of Goldman Sachs International and former Attorney General of Ireland who received The Special Award given to a person who has make a profound contribution to Ireland.
 
Speaking of the EY competition as a whole, Mark praised Ernst & Young on their fantastic programme and commented on the other finalists: “The whole experience has been fantastic. Beyond getting to know inspiring individuals, being part of the programme has really put ding* and all the companies involved on the global map.”
 
Established in 2006, ding* has built an unrivalled global network and is connected to 300 mobile operators in 130 emerging markets with a reach of 3.5 billion phones.

People can send top-up to these phones on www.ding.com, the ding* app and in 500,000 retail locations around the world.

The real power is in what a topped-up mobile phone means to individuals in emerging markets. ding* leverages the power of the mobile which not only helps people stay connected to loved ones, but also allows them access to data and a wealth of information at their fingertips. To date, ding* has sent over 80 million top-ups all from advanced technology built in Dublin.
 
“I am truly commitment to our vision of connecting billions of people through the power of mobile top-up. It is extremely rewarding to receive this sort of acknowledgment from such an incredible group of people.” Said  Mark.


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

E-Business

Global Crypto Heists Surge to $2.1Bn in H1 2025 as Digital Assets is Weaponised

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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.

Global Crypto Heists Surge to $2.1Bn in H1 2025 as Digital Assets is Weaponised

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.


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E-Business

CAC Launches AI-powered Business Registration Portal

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Corporate Affairs Commission (CAC) has inaugurated the pilot take-off of its new Artificial Intelligence (AI)-powered registration portal.

CAC Launches AI-powered Business 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.


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E-Business

Bitget Launches Institutional Services to Empower Fintech Innovation

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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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