The post Cronos Launches x402 PayTech Hackathon to Boost AI-Native On-Chain Payments appeared on BitcoinEthereumNews.com. After the hackathon, high-potential teams could also be given consideration for funding, incubation, or further ecosystem involvement. DoraHacks is already accepting registrations, and the build phase will begin in early December and end in late January. In order to spur innovation in AI-native, on-chain payments, Cronos has introduced the x402 PayTech Hackathon, a worldwide builder challenge with a $42,000 USD prize pool. Developers are invited to explore new applications powered by the Crypto.com AI Agent SDK, x402 agentic payments, and developing infrastructure across the Cronos and Crypto.com ecosystem. As Cronos moves closer to its larger goal of developing into a high-performance hub for institutional tokenization and AI-powered financial infrastructure, the hackathon gets underway. Cronos is now one of the most production-ready environments for intelligent on-chain systems because of recent upgrades that have lowered gas fees by ten times, boosted daily transactions by 400%, and cut block times to less than one second. Automated settlement processes, AI-driven wallet activities, RWA integrations, interactions with the Crypto.com ecosystem, and new developer tools for AI agents will all be available for builders to test out. Developers may access real-world payment and asset infrastructure with integration pathways across the Cronos and Crypto.com ecosystem, potentially reaching millions of users worldwide. “The x402 PayTech Hackathon represents the first wave of real-world experimentation where AI agents don’t just compute, but exchange value. With Cronos’ recent performance gains and its growing suite of AI-native tooling, teams now have the infrastructure they need to turn agentic applications into reality. We look forward to seeing builders transform these capabilities into practical applications that advance the industry,” said Mirko Zhao, Head of Cronos Labs. Technical assistance, seminars, office hours, and an expanding collection of developer tools including Cronos EVM, x402 programmatic payments, and the Crypto.com AI Agent SDK will all be made available to participants. After the hackathon, high-potential teams could also be… The post Cronos Launches x402 PayTech Hackathon to Boost AI-Native On-Chain Payments appeared on BitcoinEthereumNews.com. After the hackathon, high-potential teams could also be given consideration for funding, incubation, or further ecosystem involvement. DoraHacks is already accepting registrations, and the build phase will begin in early December and end in late January. In order to spur innovation in AI-native, on-chain payments, Cronos has introduced the x402 PayTech Hackathon, a worldwide builder challenge with a $42,000 USD prize pool. Developers are invited to explore new applications powered by the Crypto.com AI Agent SDK, x402 agentic payments, and developing infrastructure across the Cronos and Crypto.com ecosystem. As Cronos moves closer to its larger goal of developing into a high-performance hub for institutional tokenization and AI-powered financial infrastructure, the hackathon gets underway. Cronos is now one of the most production-ready environments for intelligent on-chain systems because of recent upgrades that have lowered gas fees by ten times, boosted daily transactions by 400%, and cut block times to less than one second. Automated settlement processes, AI-driven wallet activities, RWA integrations, interactions with the Crypto.com ecosystem, and new developer tools for AI agents will all be available for builders to test out. Developers may access real-world payment and asset infrastructure with integration pathways across the Cronos and Crypto.com ecosystem, potentially reaching millions of users worldwide. “The x402 PayTech Hackathon represents the first wave of real-world experimentation where AI agents don’t just compute, but exchange value. With Cronos’ recent performance gains and its growing suite of AI-native tooling, teams now have the infrastructure they need to turn agentic applications into reality. We look forward to seeing builders transform these capabilities into practical applications that advance the industry,” said Mirko Zhao, Head of Cronos Labs. Technical assistance, seminars, office hours, and an expanding collection of developer tools including Cronos EVM, x402 programmatic payments, and the Crypto.com AI Agent SDK will all be made available to participants. After the hackathon, high-potential teams could also be…

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more