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What sets AI Wars: WEEX Alpha Awakens AI Trading Hackathon apart is not only the challenge itself, but what’s at stake. The competition carries a total prize pool of $880,000, one of the largest rewards ever offered in an AI trading event. The champion will drive home a Bentley Continental GT, worth roughly $500,000, a fitting symbol for precision, control, and mastery under pressure. Beyond the top award, another $200,000 in sponsor prizes and a $100,000 WXT token pool will be distributed to best-performing teams.
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Bloomberg: As Bitcoin Weakens, Stablecoins and RWA Continue to Drive Expansion in Crypto Businesses
In June, Bloomberg reported that despite Bitcoin falling below $60,000 last week, wiping out about $235 billion in market value within seven days, and dropping close to 50% from last year’s peak, some core businesses in the crypto industry are still expanding, mainly in stablecoins, real-world asset tokenization (RWA), payments, and infrastructure. The report also noted that overall altcoin activity has contracted significantly: altcoin market capitalization has fallen from a peak of about $431 billion in November 2021 to around $170 billion, and among the tens of millions of tokens issued in recent years, fewer than 1,700 still maintain meaningful trading activity.


