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On August 24, Arthur Hayes stated in a recent video interview with the Altcoin Daily podcast that his new startup project, Flop Network, is expected to airdrop 20% of its total supply over the next 10 years. This figure may be adjusted later, and the purpose of announcing it is to gather user feedback.

On August 24, exchange rate tracking websites reported that the Iranian currency has fallen to a historic low against the dollar, exceeding 2 million rials for 1 dollar.

According to Beating AI news, ByteDance is consolidating its scattered AI office products into Doubao, with the TRAE and Kouzi teams fully integrated into Doubao. TRAE Work and Kouzi's office capabilities will be merged with Doubao. TRAE IDE and CLI will be retained as programming product lines under Doubao for continued development. The relevant product and operations teams will report to Doubao head Zhao Qi. A significant new initiative is 'Doubao Work.' ByteDance is set to launch this independent AI office product as a unified office product and brand as early as this week. This consolidation has actually been ongoing for some time. At the end of July, the Feishu product team merged with the Doubao product team. Subsequently, Feishu Aily was renamed 'Doubao Work Partner.' Recently, Doubao has also launched remote computer control, Windows virtual desktops, cloud computers, and side workstations, incorporating over 200 skills and connectors. TRAE Work, Kouzi, and Doubao were previously expanding towards Agent Office, with overlapping functionalities. Now, ByteDance is beginning to consolidate teams, product capabilities, and branding under Doubao, while TRAE's specialized programming line remains separate.