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CoinAnalyst Announces Closing of Previously Announced Transaction

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Toronto, Ontario–(Newsfile Corp. – April 7, 2022) – CoinAnalyst Corp. (CSE: COYX) (FSE: 1EO) (“CoinAnalyst” or the “Company“) is pleased to announce that it has closed the previously announced acquisition (the “Acquisition“) of RockStock Equities Inc. (“RockStock“) pursuant to the share purchase agreement (the “SPA“) dated April 1, 2022 with RockStock and all of the shareholders of RockStock (the “RockStock Shareholders“).

As part of the closing of the Acquisition, the Company issued an aggregate of 3,750,000 common shares of the Company at a deemed issue price of $0.25 per share (the “Consideration Shares“) to the RockStock Shareholders.

Please refer to the Company’s news releases dated January 20, 2022, April 4, 2022, and the SPA, each of which is available on SEDAR at www.sedar.com under the Company’s profile for additional information on the Acquisition.

Appointment of Director

In addition, the Company is pleased to announce the appointment of Mr. David Abbott to the board of directors of the Company.

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About RockStock

RockStock Equities Inc.’s vision is to capitalize on the dramatic impact of blockchain technology, cryptocurrencies, and NFTs on a once beleaguered music industry. With a primary focus on developing an artists/fans platform (the “RockStock Platform“), RockStock intends to facilitate and empower artists through a state-of-the art app platform allowing artists to directly monetize their music, create “pay-per-view” performances and participate in the exciting new world of NFT revenue generation. For the fans, it is an opportunity to connect and support the artists they love through a multi genre, online competition and participate in profit opportunities to be created through the purchase of artist security tokens and NFTs. For more information about RockStock, please visit www.myrockstock.com.

About CoinAnalyst

CoinAnalyst focuses on the business which includes an artificial intelligence (“AI“)-based big data analytics platform (the “Platform“) that enables investors in the digital asset sector and other industries to access a dashboard. The dashboard monitors and analyzes real-time data from the digital asset market (Coins/Tokens/NFTs/initial offerings). The Company’s software monitors news sources, tracks influencers, scans online social media, and provides sentiment analysis, forecast and trade signals on the top 300 digital assets. Additionally, the software system provides news, price quotes and allows for messaging.

To learn more about CoinAnalyst, please visit https://coinanalyst.tech/en/

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For more information, please contact:

Andrew Sazama
Chief Operating Officer and Director
Email: [email protected]
Phone: + 49 69 2648485 – 20

Forward-Looking Information and Statements

This news release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.

Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”.

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No assurance can be given that potential future results or circumstances described in the forward-looking statements will be achieved or will occur. By their nature, these forward-looking statements necessarily involve risks and uncertainties that could cause actual results to significantly differ from those contemplated by these forward-looking statements. Such statements reflect the view of the Company with respect to future events and are based on information currently available to the Company and on assumptions, which it considers reasonable. Management cautions readers that the assumptions relative to the future events, several of which are beyond management’s control, could prove to be incorrect, given that they are subject to certain risk and uncertainties, and that actual results may differ materially from those projected. Management disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking information.

The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.

NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119736

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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Antalpha Announces Strategic Investment in Tether Gold and Expansion into New Lending Verticals

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OwlTing Group Unveils AI-Powered OwlPay® Harbor™ for Stablecoin On/Off-Ramping

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OwlPay® Harbor™ simplifies onboarding by offering MCP for businesses to integrate with their own AI agents

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Blocks & Headlines: Today in Blockchain – May 26, 2025 (Lightchain AI, Cetus Hack, Bilal Bin Saqib, The Blockchain Group)

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blocks-&-headlines:-today-in-blockchain-–-may-26,-2025-(lightchain-ai,-cetus-hack,-bilal-bin-saqib,-the-blockchain-group)

 

In an era defined by rapid innovation and heightened security scrutiny, today’s blockchain headlines span breakthroughs in decentralized AI, hard lessons from a major DeFi exploit, strategic government appointments, and enhanced governance mechanisms at a leading Bitcoin-focused firm. This op-ed–style briefing analyzes five key developments, offering insights into their broader impact on blockchain, cryptocurrency, Web3, DeFi, and NFTs.


1. Lightchain AI: A Decentralized “Brain” Takes Shape

Source: Bitcoin.com News

What Happened:
Lightchain AI, positioning itself as an Ethereum challenger, is preparing to launch a fully decentralized AI compute network—what its creators dub a “blockchain brain.” By distributing inference and training tasks across a peer-to-peer network, Lightchain aims to eliminate single-entity control, democratize access to AI, and reduce bias introduced by centralized data silos.

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Why It Matters:

  • Decentralization at Scale: If successful, Lightchain’s model could shift AI development from corporate labs to open networks, mirroring blockchain’s initial ethos.

  • Incentivized Participation: Token-based rewards for node operators may drive robust network security and uptime.

  • Interoperability Potential: As an EVM-compatible layer, Lightchain could integrate seamlessly with existing DeFi and NFT protocols.

Opinion: Decentralized AI addresses growing concerns over data monopolies and opaque algorithms. Yet technical challenges—latency, model consistency, and economic sustainability—remain formidable. The blockchain community will watch closely to see if Lightchain can harmonize on-chain governance with rigorous AI‐safety standards.


2. Cetus Protocol Hack: Overflow Flaw Exposes $223M Loss

Source: Cointelegraph; Crypto.news

What Happened:
Blockchain security firm Dedaub released a detailed post-mortem of the Cetus AMM hack, attributing the $223 million user loss to an unchecked integer overflow in its liquidity-parameter calculations. Attackers manipulated swap parameters to drain funds before on-chain checks could intervene.

Why It Matters:

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  • Smart-Contract Audits Aren’t Enough: Even audited code can harbor edge-case bugs; continuous monitoring and formal verification are critical.

  • Economic Risks: Large losses erode user trust and can precipitate token price crashes across interconnected DeFi protocols.

  • Evolving Attack Vectors: Overflow exploits highlight that attackers still exploit fundamental coding oversights, not just novel zero-days.

Opinion: The Cetus incident underscores the precarious balance between rapid DeFi innovation and rigorous security. Protocol developers must adopt layered defenses—automated fuzzing, invariant checks, and circuit breakers—to safeguard user assets and maintain ecosystem integrity.


3. Pakistan Appoints Bilal Bin Saqib as SAPM on Blockchain & Crypto

Source: Dunya News; The Express Tribune

What Happened:
Prime Minister Shehbaz Sharif has named Bilal Bin Saqib—already CEO and Chief Advisor of the Pakistan Crypto Council—as Special Assistant to the PM (SAPM) on blockchain and cryptocurrency, with state-minister status. His remit includes crafting a FATF-compliant regulatory framework, overseeing virtual asset service providers, and spearheading Bitcoin-mining initiatives.

Why It Matters:

  • Policy Leadership: A dedicated SAPM accelerates Pakistan’s efforts to balance innovation with investor protection and anti-money-laundering compliance.

  • Economic Potential: Formalizing crypto policy could attract foreign investment and foster homegrown blockchain startups.

  • Talent Development: Saqib’s role may amplify educational programs and public–private partnerships to upskill the workforce in Web3 technologies.

Opinion: Elevating blockchain policy to a ministerial level signals Pakistan’s commitment to a forward-looking digital economy. Success will hinge on clear, consistent regulations that protect stakeholders without stifling experimentation.

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4. The Blockchain Group Enables Online Voting for June 10 AGM

Source: ActusNews; Webdisclosure

What Happened:
Europe’s first Bitcoin Treasury Company, The Blockchain Group (Euronext Growth Paris), has opened online voting for its Combined General Meeting on June 10, 2025. Shareholders will vote on the 2024 financial statements and a proposal to increase the company’s capital-raising capacity to €10 billion, supporting its aggressive Bitcoin-accumulation strategy.

Why It Matters:

  • Enhanced Governance: Online voting increases shareholder engagement and transparency—critical in a sector often criticized for opaque decision-making.

  • Capital Flexibility: A €10 billion envelope equips the company to scale Bitcoin holdings or pursue strategic acquisitions rapidly.

  • Market Signaling: By involving retail and institutional investors directly, The Blockchain Group underscores its vision of community-driven growth.

Opinion: This move exemplifies how blockchain firms can leverage digital tools to align corporate governance with on-chain principles of decentralization and stakeholder empowerment. As other public crypto companies observe, robust e-voting frameworks could become a competitive differentiator.


5. Bilal Bin Saqib’s Dual Role: Bridging Policy and Industry

Source: Geo.tv; Dawn.com

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What Happened:
Beyond his SAPM appointment, Bilal Bin Saqib continues as CEO of the Pakistan Crypto Council (PCC), advising the Finance Minister. His portfolio spans licensing and oversight of Virtual Asset Service Providers (VASPs), FATF-aligned regulations, and launching Bitcoin-mining corridors to utilize surplus energy.

Why It Matters:

  • Policy-Industry Synergy: Saqib’s dual hats ensure real-time feedback between nascent regulations and market realities—potentially avoiding mismatches that stifle growth.

  • Energy Strategy: Harnessing Pakistan’s energy grid for mining could diversify exports but demands strict environmental and grid-stability measures.

  • Global Engagement: His Forbes “30 Under 30” profile and international advisory roles position Pakistan to engage with global standard-setters and investors.

Opinion: The combination of regulatory authority and industry insight in one office is rare globally. If managed transparently, this approach could fast-track Pakistan’s emergence as a hub for compliant, scalable blockchain initiatives.


Key Trends & Takeaways

  1. Decentralized AI & Blockchain Convergence:

    • Projects like Lightchain AI hint at a future where smart-contract networks power not just finance but compute-intensive AI workloads.

  2. Security Remains Paramount in DeFi:

    • As Cetus illustrates, fundamental coding errors can cause systemic shocks—mandating continuous, multi-layered defense.

  3. Governmental Embrace of Crypto:

    • Assigning a SAPM for blockchain in Pakistan mirrors similar moves in other jurisdictions, recognizing crypto’s economic and strategic value.

  4. Governance Innovation:

    • Digital shareholder voting at The Blockchain Group sets new standards for transparency and community engagement in public crypto firms.

  5. Policy-Industry Integration:

    • Leaders who straddle regulatory and commercial spheres may accelerate balanced frameworks, but must safeguard against conflicts of interest.


Conclusion

May 26, 2025’s “Blocks & Headlines” underscores blockchain’s dynamic interplay of technological breakthroughs, security imperatives, policy evolution, and governance innovation. From the promise of decentralized AI compute to hard-earned lessons in smart-contract safety, today’s developments reaffirm that progress in blockchain hinges on marrying visionary projects with rigorous oversight and inclusive stakeholder engagement. As the industry matures, success will favor those who navigate technical complexity, regulatory nuance, and community empowerment in equal measure.

The post Blocks & Headlines: Today in Blockchain – May 26, 2025 (Lightchain AI, Cetus Hack, Bilal Bin Saqib, The Blockchain Group) appeared first on News, Events, Advertising Options.

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