Hayes revealed his new role as Flop Labs CEO and teased a “massive airdrop” from the AI inference protocol in the fourth quarter of 2026. BitMEX co-founder Arthur Hayes said he would lead Flop Labs and updated his X profile to identify himself as the company’s CEO. Flop Labs is developing a proposed network through which AI agents would pay for computing and other services. “I’m coming out of retirement to lead @flop_labs,” Hayes said in a Tuesday X post. Cointelegraph has approached Hayes for comment and asked whether this position would affect his existing role as chief investment officer of Maelstrom Fund. Read more