News

BlockBeats news, on May 8, the United States Central Command stated that more than 70 oil tankers are currently being blocked by the US military from entering or leaving Iranian ports. (Golden Ten Data)

ChainCatcher reports, according to Globenewswire, that crypto wallet service provider Exodus has announced the launch of XO Cash, a stablecoin built on Solana aimed at AI Agents and the Agentic Economy, and has simultaneously released the AgentKit development toolkit. Regarding XO Cash, it is reported that developers can create independent wallets for AI Agents with a single API call, and Agents can make payments directly using their Exodus Pay balance without having to hold or manage it themselves.

BlockBeats News, May 8th - PFund, a Meme issuance platform based on the BNB Chain, announced the completion of its internal testing and officially launched its public beta. According to official information, PFund has launched a principal protection mechanism through the reconstruction of the underlying protocol: user funds will be intelligently split into an AMM liquidity pool and a reserve fund pool. While retaining the high elasticity income space of the Meme coin, the funds will be provided with a secure cushion through a mathematical algorithm, aiming to address the long-standing "Rug Pull" risk of Meme coins. In addition, PFund has deeply integrated features such as interest-free non-liquidating borrowing, progressive tax system, and a point splitting engine. The platform focuses on reducing risk to pursue high elasticity income, achieving dividends through automatic compounding.