Arthur Hayes Details FLOP Network Tokenomics for AI Inference Blockchain
BitMEX co-founder releases technical specifications for a proof-of-useful-inference chain with 2.48 billion genesis tokens distributed solely via airdrops
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Strategy Challenges MSCI Proposal to Exclude Digital Asset Firms From Global Indexes
Bitcoin treasury company Strategy has formally opposed an MSCI plan that could remove it and similar firms from major equity indexes, labeling the rules discriminatory and arbitrary
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SoftBank Negotiates Majority Stake in 1X at $6 Billion Valuation
SoftBank Group is in talks to acquire control of OpenAI-backed humanoid robot maker 1X Technologies in a transaction that could value the startup at roughly $6 billion
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Arthur Hayes Details FLOP Token Plan for Decentralized AI Compute Network
BitMEX co-founder outlines fair-launch FLOP token with 20% testnet allocation, Proof of Useful Inference mining, and Q1 2027 network launch
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Kinetics Fund Discloses Stake in Private Ripple Labs Shares via SEC Filing
A U.S. mutual fund has reported ownership of Ripple Labs Class A common shares valued near $246,000 as of late June, amid ongoing private market activity and shifting views on a potential public listing
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Arthur Hayes Ends Retirement to Lead Flop Labs and FLOP Token for AI Agents
BitMEX co-founder announces fair-launch FLOP token as payment for AI agent compute, with airdrop set for Q4 2026 ahead of network launch in Q1 2027
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Greenlane BERA Holdings Plunge to $16.4 Million in Q2 Amid Token Price Decline
Nasdaq-listed firm reports $53.8 million unrealized loss on crypto treasury after continuing to add tokens despite sharp drop in BERA value
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Bitcoin Miners MARA and CleanSpark Report Steep Revenue Declines Amid AI Shift
MARA and CleanSpark posted double-digit revenue drops and combined net losses of $851 million in recent quarters as both accelerate investments in AI and high-performance computing infrastructure
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MARA Posts $611 Million Q2 Loss as Bitcoin Price Drop Offsets Higher Mining Output
MARA Holdings swung to a $611.3 million net loss in the second quarter of 2026 as a sharp decline in Bitcoin prices outweighed record production and gains in hashrate, while the firm pressed ahead with its AI infrastructure expansion
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ZeroStack Flags Substantial Doubt Over Survival After $82.5 Million Crypto Loss
Nasdaq-listed crypto treasury firm reports substantial doubt over operations following sharp decline in 0G token value and $61.3 million net loss in first half of 2026
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