Project Progress

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X Layer Launches Developer Incentive Program with 200,000 USDT in Total Rewards for the First Phase

X Layer launched a developer incentive program on March 12, with an initial prize pool of 200,000 USDT, to encourage teams to build the next generation of intelligent economic systems within its ecosystem. Projects are required to complete on-chain transactions and open-source their code. The first phase runs from March 12 to 26, with a prize pool of 50,000 USDT. The evaluation will focus on the depth of AI Agent integration and the payment process.
GateNews·03-12 12:50

Trump Family's World Liberty Financial Plans to Deploy USD1 Stablecoin in AI Autonomous Payment Sector

World Liberty Financial co-founder Zak Folkman stated that the company is developing infrastructure to support autonomous payments by AI agents, and plans to position its stablecoin USD1 as a core payment tool for machine-to-machine transactions. The current stablecoin market is approaching $315 billion, with USD1 ranking fifth in the market. Multiple institutions are also advancing AI-driven stablecoin payments.
USD1-0.01%
GateNews·03-12 11:16

Pump.fun Cumulative Revenue Reaches $1.08 Billion, Becoming Solana's First Platform to Surpass $1 Billion

Since its launch in early 2024, Pump.fun has generated $1.08 billion in revenue, becoming the first platform on the Solana blockchain to surpass the $1 billion mark. In 2024, its revenue reached $321.3 million, and its buyback program has repurchased approximately $323.4 million worth of PUMP tokens. However, the PUMP token price remains below its initial issuance price, and the platform has expanded to other blockchain networks.
JUP-13.32%
RAY-8.03%
ETH-9.29%
GateNews·03-12 11:00

Bank of AI Advances AI Agent On-Chain Financial Infrastructure Ecosystem Implementation, Integrating Multiple Payment and DeFi Functions

Bank of AI is advancing its on-chain financial infrastructure, integrating payments, identity, and DeFi functionality across TRON and BNB Chain. The system enables developers to easily integrate automated payments, allowing AI Agents to autonomously participate in lending and Swap operations, aimed at enhancing their financial autonomy.
TRX-2.26%
BNB-4.12%
GateNews·03-12 09:01

Foundry Digital Launches Zcash Mining Pool, Institutional Privacy Coin Mining Enters New Opportunities

Foundry Digital announced that it will launch a dedicated Zcash mining pool in 2026, aimed at providing institutional and public miners with a secure, transparent mining environment. This mining pool draws on the experience of its Bitcoin mining pool, complies with relevant audit standards, and enhances miner trust. This move reflects ongoing market interest in privacy coins and is expected to support the stability and adoption of the Zcash network.
ZEC-34%
BTC-3.46%
GateNews·03-12 08:43

xAI Core Project Macrohard Stalled, Leadership Exodus Continues, Tesla Takes Over Related Work

xAI's Macrohard project has encountered a standstill, with frequent leadership changes and expansion difficulties. There are no relevant positions listed on the recruitment page, and the data collection project has been suspended. Tesla has taken over part of the work and is developing Digital Optimus AI Agent. Musk described the two as joint projects, which are part of Tesla's $2 billion investment agreement with xAI.
GateNews·03-12 08:41

After 3 years, finally approved! Revolut becomes a fully licensed bank in the UK, launching a £10 billion global expansion plan

Revolut has obtained a full banking license in the UK, ending a 3-year application process, and offers deposit protection of up to £120,000. The company plans to invest £3 billion in the UK market over the next few years and launch a £10 billion global expansion plan to enter 30 new markets. Revolut will fully launch traditional banking services and gradually migrate customer accounts to the new platform.
CryptoCity·03-12 08:35

Metaplanet Accelerates Expansion: Establishes $25 Million Bitcoin VC Fund and Builds Asset Management Platform in the United States

Japanese publicly listed company Metaplanet has established two wholly-owned subsidiaries, Metaplanet Ventures and Metaplanet Asset Management, to expand its digital asset ecosystem. Ventures will invest in Bitcoin-related startups, with an initial investment of approximately $2.5 million. Asset Management connects Asian and Western capital markets, offering a variety of investment services. Metaplanet holds approximately 35,102 Bitcoins and plans to increase this to 210,000 by the end of 2027.
BTC-3.46%
ETH-9.29%
AVAX-8.79%
GateNews·03-12 08:26

Wells Fargo steps in! Applying for the stablecoin trademark WFUSD, already laying out blockchain cross-border clearing in 2019

Wells Fargo applies for the "WFUSD" trademark, covering crypto trading and blockchain services, indicating that it is accelerating its entry into the digital asset space and may launch a dollar-pegged stablecoin. This move suggests that Wall Street's interest in stablecoins and tokenized finance continues to grow and could reshape the competitive landscape of the market.
USDC-0.03%
CryptoCity·03-12 07:45