Project Updates

Tracks blockchain projects from inception to their latest updates and major milestones. By covering project financing, partnerships, and product upgrades, it helps investors stay informed about the latest industry trends and developments.

HashKey CaaS and Lingchu Intelligence Form Strategic Partnership to Jointly Build AI Autonomous Payment Infrastructure

HashKey CaaS and Lingchu Intelligence have entered into a strategic partnership to jointly develop AI autonomous payment infrastructure. The collaboration will focus on data tokenization for robots and the implementation of the HP2 (HashKey Payment Protocol) autonomous payment network, aiming to integrate AI with the digital financial system and build key infrastructure for the embodied intelligence economy. As part of the agreement, Lingchu will deploy 10 dual-arm robots integrated with HashKey CaaS’s HP2 payment protocol, designed for Web3 and AI agents. These robots will gain controlled payment permissions, enabling them to act as autonomous agents to conduct on-chain transactions—such as purchasing services, accessing data interfaces, and earning on-chain income through task execution. Each autonomous transaction will be recorded as an auditable on-chain financial record, transforming the robots from mere smart devices into independent participants in the digital economy. Additionally, HashKey CaaS will tokenize the operational data generated by Lingchu’s robots, turning them into tradable digital assets with monetary value. HashKey’s CEO of On-Chain Business Group, Li Chen, stated that this partnership marks the first application of the HP2 protocol in embodied AI, supporting the integration of robots into the digital financial ecosystem. Wang Qibin, CEO of Lingchu Intelligence, emphasized that the collaboration will help accelerate the transition from R&D to an ecosystem-oriented machine economy. Both parties plan to further explore applications of embodied intelligence in payment and autonomous services, promoting the large-scale practical implementation of AI-driven economic models.

marsbit01/29 07:16

HashKey CaaS and Lingchu Intelligence Form Strategic Partnership to Jointly Build AI Autonomous Payment Infrastructure

marsbit01/29 07:16

1inch Team Accused of Dumping, On-Chain Data Reveals Sophisticated Trading Strategies of Large Positions

Recent on-chain data from ARKHAM indicated that three wallets labeled as "1inch Team" sold 36.36 million 1INCH tokens, worth $5.04 million, causing the token's price to drop by 16.7% to around $0.1155. The tokens were initially acquired in late 2024 at approximately $0.42 each, meaning the sale resulted in a loss of over $10 million for the seller. This event sparked criticism and raised questions about whether the 1inch team was intentionally dumping tokens. However, the team’s historical trading behavior shows a pattern of strategic accumulation during market lows and gradual profit-taking during highs—not large-scale selling at a loss. For instance, earlier in the year, the team accumulated 1INCH at around $0.20 and sold portions at higher prices, realizing significant profits on 1INCH, ETH, and BTC positions. 1inch officially denied involvement, clarifying that the wallets in question were not controlled by the team or its multisig treasury and that the sell-off was likely executed by a third-party holder. The team emphasized that it does not influence independent token holders' decisions. Despite the clarification, the sell-off exacerbated the token’s already weak market performance. 1INCH has been in a prolonged downtrend since its all-time high of $6, now trading near $0.11. The incident highlights how on-chain labels can be misleading and how low liquidity magnifies the impact of large sales—often harming retail investors the most.

marsbit01/29 04:58

1inch Team Accused of Dumping, On-Chain Data Reveals Sophisticated Trading Strategies of Large Positions

marsbit01/29 04:58

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