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MEXC Launched 3A-Level Game Zalmoxis Launchpad

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Toronto, Ontario–(Newsfile Corp. – September 27, 2022) – From 16:00 on Sept. 23 to 15:59 on Sept. 27 (UTC), the cryptocurrency trading platform MEXC will hold the latest event on its launchpad. The event project is Zalmoxis (KOSON), a AAA-level massively multiplayer online role-playing game (MMORPG) developed by Wenmoon Studios Ltd.

MEXC X KOSON

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MEXC’s launchpad is specially launched for MX holders, and MX holders can get the opportunity to participate in the project early. A total of 1 million KOSON will be released in this event, and the price will be 0.1 Tether (USDT). During the event, anyone with MX or USDT holdings of more than 10 USDT can sign up to participate.

The launchpad will still implement the sharing mechanism, and users can share KOSON by registering for this event. The maximum single exchange amount of KOSON is limited to 100,000 MX or 1,000 USDT.

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Age Of Zalmoxis is a third-person MMORPG based on the Elrond blockchain built with the Unreal Engine 5. The game is set in an ancient fantasy world inspired by European folklore with dungeons and thousands of quests. Players create characters and gain experience through combat, narrative content, events, crafting, dungeons and other means to grow and create a fantasy version of the kingdom of Dacia.

Players can obtain two different types of nonfungible token (NFT) characters from the marketplace or from guilds. Players can develop their game characters by gaining combat experience, creating different stories, winning tournaments and many other ways.

The game has two narrative models: adventures and organic content. The adventure narrative guides players to grow and obtain corresponding rewards according to the growth of the character; other players create unique new content through the newly generated content of the game. Players can also build different structures, such as castles, by acquiring a certain number of land plots. These can be used throughout the game or staked to generate tokens that drive the game economy.

KOSON will be launched on the secondary market after this event ends. KOSON’s trading, namely the trade-to-earn mechanism, will be launched as well. During the event period, users who trade KOSON will receive KOSON rewards.

About MEXC:

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MEXC is a world leading cryptocurrency trading platform, providing one-stop cryptocurrency trading services for spot, exchange-traded funds, futures, staking, NFT Index, etc., and serving more than 10 million users worldwide. The core team has a solid background in traditional finance and has professional financial product logic and technical security in terms of cryptocurrency products and services. In October 2021, MEXC Global won the title of “Best Cryptocurrency Exchange in Asia.” Currently, it supports the trading of more than 1,400 cryptocurrencies and is the trading platform with the fastest launch speed for new projects and the most tradable categories. Visit the website and blog for more information, and follow MEXC Global and M-Ventures & Labs.

Contact:

Company Name: MEXC
Name: Jenny Sun
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/138594

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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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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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