Arthur Hayes has unveiled the technical paper for FLOP Network, a proof-of-useful-inference blockchain designed for AI agents. The network will launch with a genesis supply of approximately 2.48 billion FLOP tokens.
Coinbase has taken over as the official USDC treasury deployer on Hyperliquid using the AQAv2 framework, potentially adding $200 million in annual revenue, while BitMEX co-founder Arthur Hayes warns the protocol's token burn model could lead to market share losses.
BitMEX co-founder Arthur Hayes disclosed he sold his complete positions in Hyperliquid (HYPE) and Near Protocol (NEAR), warning that financial markets could be approaching a major top ahead of AI IPOs and U.S. midterm elections. The move came days after Hayes made a $100,000 public bet on HYPE.
