Web3 AI network X-Agent has launched its online "X-Agent AI MCP Hackathon 2026: Build, Verify, MCPize, Monetize," opening the event to developers worldwide and to Web3 AI teams. The hackathon is designed to move projects beyond the demo stage by focusing on AI APIs and on-chain capabilities that can be called in real use, verified, and turned into sustainable revenue-generating tools. The event runs for nearly four weeks, including a five-day warm-up period and a 14-day build phase. Participants do not need to set up a complex MCP, or Model Context Protocol, framework on their own. Instead, they are asked to build core AI or crypto functions on top of APIs and submit source code. Projects that pass technical verification and security review will be standardized by X-Agent into MCP tools that fit agent architecture requirements. As a central incentive, selected winning projects may be recommended by X-Agent for listing on the OKX.AI Agent Marketplace. X-Agent said monetization can be handled through the A2MCP and x402 protocols, combined with the gas-free USDC settlement channel on OKX X Layer, allowing developers to receive pay-per-call revenue when other AI agents or users invoke their tools.

AEON, an AI-native payment protocol focused on the so-called agentic economy, completed its token generation event on July 27 and began trading on Binance Alpha, Bitget, OKX, Gate and KuCoin, before adding a KRW pair on Bithumb on July 29. The project says it is building a crypto settlement layer for AI agents rather than another consumer wallet, aiming to support verifiable and settleable payments as agents move from answering questions to making purchases and carrying out tasks on their own. According to data released by AEON on July 28, the network has more than 2.3 million users, monthly transaction volume above $30 million, coverage across nearly 20 emerging markets, access to more than 50 million merchants and cumulative processed volume of $475 million. The company said its stack integrates x402, ERC-8004, Google AP2/A2A and MCP, while local payment rails such as VietQR, QR Ph and Pix help convert onchain payments into fiat received by merchants. AEON also points to protocol ties with Coinbase and BNB Chain, an $8 million pre-seed round led by YZi Labs in May 2026, and a three-stage roadmap that stretches from payment verification to execution verification and, later, broader AI financial services based on KYA credit records.

AEON, an economic settlement protocol focused on the AI Agent space, has released new payment figures showing its user base has surpassed 2.3 million. The protocol said its average monthly transaction volume is now above $30 million, while cumulative processed volume has reached $475 million. AEON describes itself as a settlement layer built for the Agentic Economy. It said it is expanding across both Agent-to-Agent, or A2A, and Agent-to-Merchant, or A2M, use cases. The stated goal is to connect AI agents with payment and settlement flows in real-world commercial systems. The update outlines three core data points disclosed by the project: total users, average monthly transaction volume, and cumulative processed amount. It also highlights the two operating scenarios AEON is targeting as it builds out infrastructure for AI-driven transactions.

Crypto Market is crashing today! Massive sell-offs, huge long liquidation and record ETF outflows have dragged the cryptos below their critical support zone. Bitcoin price drops to $60,600, while Ethereum heads below $1,600. Moreover, the XRP price is on the verge of losing the $1 threshold, Cardano hits the levels not seen in the last 5 years, and Solana breaks the pivotal support at $67. The global market cap has slashed to $2.09 trillion from $2.2 trillion, while volume rises significantly close to $300 billion.