As concerns about risks in the AI industry intensify, investors are seeking hedging protection through derivatives.

The contract account at address 0x1f25…f925 has accumulated losses of approximately $38.2 million. This address first closed out a long position of approximately $6.88 million in BTC, and then established a short position of approximately $6.45 million in BTC. It currently holds 84.09 BTC.

Binance's 24-hour fund flow shifted from net outflow to net inflow of approximately $1.6 billion. Binance's 24-hour net outflow had previously reached a daily high of approximately $7 billion, representing a cumulative change of over $8.6 billion. Binance's total assets are approximately $127.699 billion. (Source: DeFiLlama)

At Devcon Mumbai, Vitalik Buterin called for treating data as default toxic waste and leveraging open-source technologies and zero-knowledge proofs to protect privacy and reduce reliance on trust.

Arthur Hayes announced on the X platform that the FLOP development testnet is now open to builders. Developers can obtain test FLOPs, browse blocks, and invoke verified inference services through proxies. Hayes cautioned that the development testnet token has no value, does not generate rewards or airdrop weights, and the chain may be reset. There are currently no FLOP tokens; users should not share mnemonic phrases and should verify information through the official link.

Spot gold fell 1% on the day, currently trading at $3,906.47 per ounce.