Flop Labs unveils draft FLOP token economics: 51.2% allocated to miners, 20.4% for airdrops.

According to market data from BIT (bit.com), U.S. crypto-related concept stocks fell broadly, with declines as follows: MSTR down 3.52%, COIN down 3.23%, CRCL down 3.53%, SBET down 1.44%, BMNR down 0.09%, PURR down 3.92%, and ABTC down 8.66%.

According to market data from BIT (bit.com), the US storage sector’s intraday gains expanded, with individual stocks rising as follows: Western Digital (WDC) up 3.45%, Seagate Technology (STX) up 2.97%, SK Hynix (SKHY) up 0.51%, Micron Technology (MU) up 0.98%, SanDisk (SNDK) up 1.45%, and SK Hynix (SKHY) up 0.24%.

According to an official announcement from Coinbase, spot trading for Grass (GRASS) will launch on August 26, 2026. If liquidity conditions are met, the GRASS-USD trading pair will open later today in regions where trading is supported.

According to Bitget's market data, international crude oil prices have climbed. WTI crude oil rose 2.00% intraday to trade at $82.30 per barrel, while Brent crude oil gained over 2.00% intraday, hitting $87.58 per barrel.

According to Lookonchain monitoring, a wallet cluster suspected to be linked to Sakolkorn Sakavee, co-founder and former chairman of Bitkub, lifted privacy protections and transferred a total of 34,100 ZEC to Hyperliquid over the past 24 hours, worth approximately $26.1 million. The address subsequently sold 24,100 ZEC valued at around $18.5 million and bought 238 BTC. As of now, roughly 10,000 ZEC remain on Hyperliquid, worth about $7.6 million, with related sell orders priced at approximately $780. Note: This is only speculation on wallet associations by an on-chain data analytics platform; no official information has confirmed that these addresses belong to Sakolkorn Sakavee.

Beating AI Express: Qualcomm has launched Qualcomm Intelligent Multimedia SDK (IMSDK) 2.0, a unified AI and multimedia development framework for Qualcomm Dragonwing and Linux edge platforms. Designed to simplify integration of functions including cameras, audio/video, sensors, AI inference, and cloud connectivity, the SDK aims to accelerate the commercialization of products such as smart cameras, robots, drones, and industrial AI solutions. IMSDK 2.0 adds new features including Python and C++ Pipeline APIs, an application builder, generative AI inference, containerized microservices, AI programming agent capabilities, and "docs-as-code" functionality. Developers can switch AI models without rebuilding the entire multimedia pipeline via multiple inference runtimes such as QAIRT, ONNX Runtime, and TFLite. Qualcomm states that IMSDK 2.0 is built on the GStreamer architecture, paired with hardware acceleration plugins, zero-copy data transfer, and multi-stream, multi-model pipeline capabilities, supporting applications like visual AI, LLMs/VLMs, audio AI, and text-to-image. Its containerized microservices cover inference, analytics, and platform services, and support enterprise-grade connectivity with Kafka, MQTT, AWS IoT, Azure IoT, etc. Additionally, the SDK introduces AI programming agent skills that assist developers in completing pipeline configuration, model integration, compilation, debugging, and deployment via natural language. Qualcomm adds that the SDK is already being utilized by enterprises including Samsung, Amazon, and Bose for related product development.