Arthur Hayes: Flop Labs Yellow Paper Now Live
BitMEX co-founder Arthur Hayes stated in a post that Flop Labs’ Yellow Paper is now live. Flop Labs is building a blockchain network for the AI agent economy, utilizing the Proof of Useful Inference mechanism. The network is designed to enable AI agents to use FLOP tokens to purchase computing power and have their computational tasks verified via the network. Earlier, Flop Labs announced its token economic model, clarifying no VC allocations or public offerings; tokens will be distributed via airdrops to miners, validators, AI agents, and early community participants.
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ZEC whales distribute holdings at high levels, with early long-term holders taking profits and new buyers pouring $17 million into the market.
Per TradingBeats monitoring, ZEC is currently trading at approximately $1,218.8. An address starting with 0xbf73 sold all 13,000 ZEC in three batches from the evening of September 9 to early this morning, totaling about $16.4017 million, with an average closing price of roughly $1,261.67. The address’s original holding cost was around $869.6, generating an approximate profit of $5.096 million from this round; its current ZEC positions and pending orders have been reduced to zero.
While early long positions are exiting, an address starting with 0x152e is expanding its ZEC position. Over the same period, this address accumulated an additional 9,426.59 ZEC, with actual purchases totaling ~$11.636 million at an average entry price of ~$1,234.38. Adding to its existing holdings, its total position now stands at 11,739.54 ZEC, valued at ~$14.3082 million, with an overall average cost of ~$1,217.62, currently holding an unrealized profit of ~$13,900. The latest purchases have fallen below its average entry price of $1,234.38, but the address still maintains buy orders worth ~$3.01 million at $1,185.5 to $1,205.5, planning to expand its position further to $17 million if prices decline more.
The on-chain perpetual contract and address analysis tool TradingBeats is now live, supporting real-time Hyperliquid data viewing—from address tracing to whale operations, with in-depth analysis available at a glance.
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Has the throne of China's top domestic AI model changed hands again? DeepSeek's Flash model bounces back to the peak.
Beating AI Express: Over the past few months, the top spot among domestic Chinese AI models has been swapped between Kimi and Zhipu AI. In the latest third-party ranking from Artificial Analysis, Kimi K3 and GLM-5.3 scored 44 and 45 points respectively, while DeepSeek V4 Pro 0813 only earned 36 points. Now DeepSeek is fighting back with its V4.1 Flash model. According to official evaluations, among the 16 tests where both models have results, V4.1 Flash won 13 against Kimi K3; in the 13 overlapping tests with GLM-5.3, it took 11 wins. Its advantages lie mainly in coding, terminal operations, and agent automation. What’s more, this may just be the start: Kimi K3 is Kimi’s current strongest 2.8T parameter model, GLM-5.3 is Zhipu’s flagship, while V4.1 Flash is merely the smallest model in DeepSeek’s new architecture series.
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South Korea's KOSPI index closed up 0.24%, while SK Hynix gained 0.43%.
According to Bitget market data, South Korea’s KOSPI index closed 16.77 points lower today, down 0.24% to 7034.87 points. SK Hynix gained 0.43%, and Samsung Electronics rose 0.09%. Japan’s Nikkei 225 index closed 128.17 points higher today, up 0.20% to 65270.95 points. Kioxia climbed 2.07%, while SoftBank edged down 0.26%.
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Huobi HTX has launched perpetual contracts for USDJPY, FCX, XLK, and GE.
According to an official announcement, Huobi HTX launched perpetual contracts for USDJPY/USDT, FCX/USDT, XLK/USDT, and GE/USDT on September 10, supporting long and short positions with leverage ranging from 1x to 20x. Meanwhile, from now until 15:00 UTC+8 on September 15, Huobi HTX is hosting a new contract token trading contest. Users who complete registration, trade the specified contracts, and meet the required thresholds will have the chance to split a total prize pool of 1 billion HTX tokens.
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Hong Kong-listed software application and AI model stocks continue to plunge sharply, with MiniMax down over 9%.
According to Bitget market data, Hong Kong-listed software application stocks have continued to plunge sharply. Qunhe Technology, Zhipu AI, and Unisound all fell more than 10%; MiniMax dropped over 9%; while Maifushi, Kingdee International, and other related stocks declined by 5%.
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