Blockchain
Capital Trust Group Proposes a $200 Billion Smart City Development Along Thai Canal
Summary: Capital Trust Group is an emerging digital asset platform. Recently, the company is pleased to announce its new proposal of a $200 Billion Smart City.
Auckland, New Zealand–(Newsfile Corp. – March 4, 2023) – Capital Trust Group Limited, a significant investment management firm, has announced its involvement in the Thai Canal Project, a groundbreaking initiative that is set to transform the country’s economic landscape. The project involves linking the Gulf of Thailand and the Andaman Sea via the Kra Isthmus in southern Thailand, potentially and drastically reducing travel times as well as streamlining the heavily trafficked trade routes.
The Thai Canal Project has been on the cards for over 300 years, but now, the Project Founding Members believe the time is right to bring it to fruition. Despite the Thai Government’s rejection of the original canal plan, the Project Founding Members are determined to make their vision a reality and have created a groundbreaking concept that will bring a “Smart City” to life. This $200 billion endeavor will prioritize net zero emissions, making it an exemplar of sustainable, low-carbon living. The intent is to couple the proposed Smart City with the proposed Canal Project to create a social, environmental and economical ecosystem with enough national and international benefits to outweigh the disadvantage of building the Canal.
To facilitate investment in the project, Capital Trust Group will establish an escrow fund at a Swiss bank account exclusively for institutional investors who wish to become early stakeholders.
The coupling of the proposed Smart City with the proposed canal would have a snowballing effect, first on the aggregated economic value of the Canal Project, second on the overall prosperity of Southern Thailand, and third on the balanced economic rise of Thailand. The new Smart City next to or close to the Canal would become a new major city and a new hub of commerce and integrated industries domestically and internationally. The business and job opportunities as well as the distribution of wealth geographically would be much more balanced than ever before.
Leading the charge is Mr. Sitipon Charoenkajonkul, a Thai businessman and the Chairman of Best Bonded Warehouse Co.,Ltd. and Best Ocean Golf Co.,Ltd., which owns Asia’s first Private Jet Residence Project.
Consequently, the Thai Canal Project represents a paradigm shift in sustainable development, and its success will undoubtedly have far-reaching implications for the region and beyond. The Project Founding Members are inviting all institutional investors who share their vision of a more prosperous, sustainable, and inclusive future than ever for Thailand and the world, to join them in making history.
About the Company – Capital Trust Group (CTG)
Capital Trust Group (CTG) is a primary investment management firm that provides a range of investment management services to institutional investors worldwide. Established in 2011 and headquartered in Auckland, New Zealand, CTG has grown to become a globally investment management firm, specializing in wealth management, asset management and fund management by utilizes an asset tokenization platform to create new blockchain-based products and manage day-to-day digital asset operations.
For further information, visit: https://www.ctgportal.com
Media Details:
Company Name: Capital Trust Group Limited
Contact Person: Peter Wises
Tel: +64 9-889 9076
Company email: [email protected]
Company website: https://www.ctgportal.com
Country name: New Zealand
Facebook: https://www.facebook.com/ctgclub
Telegram: https://t.me/ctgprime
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/157065
Blockchain
Antalpha Announces Strategic Investment in Tether Gold and Expansion into New Lending Verticals
OwlPay® Harbor™ simplifies onboarding by offering MCP for businesses to integrate with their own AI agents
Blockchain
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.
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:
-
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.
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
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
-
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.
-
-
Security Remains Paramount in DeFi:
-
As Cetus illustrates, fundamental coding errors can cause systemic shocks—mandating continuous, multi-layered defense.
-
-
Governmental Embrace of Crypto:
-
Assigning a SAPM for blockchain in Pakistan mirrors similar moves in other jurisdictions, recognizing crypto’s economic and strategic value.
-
-
Governance Innovation:
-
Digital shareholder voting at The Blockchain Group sets new standards for transparency and community engagement in public crypto firms.
-
-
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.
-
Blockchain Press Releases5 days agoCM Global Services (CMGS) Secures Exclusive Multi-Year Logistics & Procurement Partnerships with Compass Mining and NovoMod
-
Blockchain Press Releases4 days agoCompass Mining Partners with Synota’s “Impact Mining” Initiative to Transform Bitcoin Hashrate into Community Impact
-
Blockchain Press Releases4 days agoWSPN Launches New Website, Unveiling Enhanced Vision for Next-Generation Stablecoin Infrastructure
-
Blockchain Press Releases6 days agoOnRe, Backed by Ethena, Solana Ventures, and RockawayX Launches Structured Yield Product Combining Real-World Stability and On-Chain Upside
-
Blockchain6 days agoVanEck Prepares to Launch PurposeBuilt Fund to Invest in Real-World Applications on Avalanche
-
Blockchain Press Releases4 days ago
Bybit Card Rolls Out New Lucky Draw for Guaranteed Wins Including a Tesla
-
Blockchain5 days agoFrom Onboarding to Settlement in Minutes: TransFi Launches BizPay to Redefine Global Business Payments
-
Blockchain4 days agoBioSig Technologies, Inc. Signs Definitive Share Exchange Agreement with Streamex Exchange Corp. to Launch First-Mover Real-World Asset (RWA) Tokenization Company Bringing Commodity Markets On-Chain.
