A $300 Trillion Oopsie
Update: 2025-10-16
Description
So, a huge, huge, like bigger than the entire world’s GDP fat finger episode in the world of stablecoins. Zuck has poached another one from Apple. Potentially huge state sponsored hack of a key infrastructure company. The most interesting new phone concept I’ve seen in a while. And are we in an AI bubble episode 72.
Printing Money: Paxos Mints, Then Burns $300 Trillion in PayPal Stablecoins (Decrypt)
Apple’s Head of ChatGPT-Like AI Search Effort to Leave for Meta (Bloomberg)
F5 says hackers stole undisclosed BIG-IP flaws, source code (BleepingComputer)
Anthropic launches new version of scaled-down ‘Haiku’ model (TechCrunch)
Honor’s Robot Phone concept features a fold-out camera arm (The Verge)
‘Of course it’s a bubble’: AI start-up valuations soar in investor frenzy (FT)
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