BitMEX co-founder Arthur Hayes has announced that he is “coming out of retirement” to lead Flop Labs, a new crypto project targeting the emerging economy of autonomous artificial-intelligence agents, with an unusual launch schedule that puts its token distribution ahead of the blockchain itself.Hayes announced the move on August 18, describing FLOP as a currency
U.S.-listed spot crypto exchange-traded funds extended their recovery on Tuesday, August 18, with Bitcoin and Ether products drawing a combined roughly $369 million in net inflows as institutional demand concentrated heavily in BlackRock and Fidelity products.Spot Bitcoin ETFs registered approximately $297.5 million in net inflows, according to data reported from Farside Investors. BlackRock’s iShares Bitcoin
BounceBit has launched Borobudur, a new onchain credit layer that allows holders of tokenized real-world assets and other yield-generating positions to borrow liquidity without selling their investments or paying conventional borrowing interest.Announced on August 19, Borobudur initially supports BENJI, the blockchain-based share token associated with Franklin Templeton’s tokenized U.S. government money-market fund, alongside other eligible
Japanese Bitcoin treasury company Metaplanet has agreed to invest 2,100 BTC and $2.5 million in cash into Nasdaq-listed Super League Enterprise, creating a U.S.-listed Bitcoin treasury platform that will operate under the name Superplanet, Inc.The companies announced the definitive agreement on August 18. The Bitcoin contribution was valued at approximately $132.1 million using Bitcoin’s Coinbase
Investigators probing the large-scale theft of Bitcoin from vulnerable Coldcard wallets may have uncovered information capable of identifying the attacker behind the first and largest wave, although the FBI has not publicly confirmed a suspect, arrest or recovery of funds.The development follows an investigation led by Clay Garrett, engineering lead at Block working on its
The U.S. Commodity Futures Trading Commission will hold the inaugural meeting of its Innovation Advisory Committee on August 20, bringing together prominent executives from the crypto and traditional-finance industries as the agency considers how its regulatory framework should adapt to rapidly evolving markets.The meeting will begin at 1 p.m. in Washington and run until 4