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
Newsroom
Latest updates, press releases, and insights from the volatile world of digital assets.
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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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OpenAI Patches Critical Flaw Allowing One-Click Creation of Rogue AI Agents in ChatGPT Workspaces
Zenity Labs uncovered AgentForger, a vulnerability that let attackers plant persistent autonomous agents with employee-level access via a single crafted link. OpenAI fixed it within days and plans to retire the affected tool.
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Chainalysis Sues US Over $94.6M Sole-Source ICE Contract Awarded to TRM Labs
Blockchain analytics firm challenges Immigration and Customs Enforcement decision in Court of Federal Claims, claiming the process was arbitrary and unreasonable
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Bank of England Selects Consortium for Digital Pound Trade Finance Trials
NOBO Finance, Dun & Bradstreet and Polygon Labs join Phase 2 of the Digital Pound Lab to test SME credit profiles and multi-rail settlement combining stablecoins with potential digital pounds
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Aztec Exploiter Transfers 500 ETH to Tornado Cash in Measured Laundering Effort
A wallet tied to a June breach of deprecated Aztec contracts has deposited another 300 ETH into the mixer, bringing the total moved to half the stolen ether amid a rise in crypto attacks
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Zcash Activates Ironwood Upgrade, Sealing $1.7B Orchard Pool After Vulnerability
The privacy-focused network retires its main shielded pool following discovery of a long-undetected flaw and opens a new formally verified alternative with stricter controls
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Lido Starts Consolidating $16.5 Billion in Staked Ether to Slash Ethereum Validator Count by One-Third
The liquid staking protocol is shifting more than 8 million ETH onto post-Pectra validators while introducing capital bonds for professional node operators for the first time
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Payward Buys Magic Labs Wallet Unit Powering 60 Million Accounts
Kraken’s parent company will add non-custodial embedded wallets to its enterprise platform while the seller rebrands and shifts focus to onchain authorization technology
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