Topic: Arthur Hayes

Arthur Hayes tells CNBC AI data centres are overbuilt, and Flop is betting on the cheap GPUs that follow

Speaking to CNBC in Singapore, Arthur Hayes said trillions are being "wasted" on AI data centres and that a crunch could come in late 2027 or 2028. Flop Labs says that glut of GPUs is its supply.

PressOct 7, 2026FNN Editorial

Flop Network holds Singapore launch during TOKEN2049; full Q&A video now posted

Flop Labs held its official Flop Network launch in Singapore on Oct 6 during TOKEN2049, with Arthur Hayes taking questions on validators and GPU mining. The two-part video went up Oct 12.

EventsOct 6, 2026FNN Editorial

KBW keynote: Arthur Hayes calls FLOP 'food for your agent', targets late-October testnet

At Korea Blockchain Week, Arthur Hayes pitched $FLOP as a currency mined by inference. Flop Labs gave the timeline as testnet in late October and genesis block in Q1 2027.

EventsOct 1, 2026FNN Editorial

'Do the work': Flop Labs says FLOP follows Bitcoin's distribution rule

Flop Labs says $FLOP follows Bitcoin's rule of entry: do the work or buy from someone who did. Here's how that maps onto the no-presale, no-VC genesis allocation.

TokenomicsSep 30, 2026FNN Editorial