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PayPal's blockchain partner accidentally minted $300 trillion in stablecoins
In an embarrassing error, PayPal blockchain partner Paxos accidentally minted 300 trillion of the PYUSD token today. PayPal's stablecoin, which it debuted in 2023, is supposed to be redeemable at [...]
OpenAI's internal share sale minted roughly 75 multimillionaires who each cashed out the $30 million cap
In October 2025, OpenAI organized a $6.6 billion share sale for over 600 current and former employees. Around 75 of them cashed out the maximum cap of $30 million each. President Greg Brockman says he [...]
Celebs and tech luminaries including Mark Ruffalo want to create a fully open social media ecosystem
I think it’s safe to say that most humans on this planet are growing, how can I put this lightly, weary of the current billionaire stewards of our social media ecosystem. X is a hateful mess. Meta i [...]
What Jamie Dimon, Bill Ackman, and other CEOs and billionaires are saying about Trump's trade war
Chief executives and billionaires aren’t holding back their criticism of Trump’s sweeping tariff policy, which would impose taxes on nearly all of America’s major trading partners.Read more... [...]
The Morning After: Crosswalks are being hacked to imitate tech billionaires
Welcome to your Friday edition of TMA. It’s a public holiday where I’m from, so it’s a shorter briefing than usual. Barring a barrage of new cars (tariffs? shh!) revealed at the New York Interna [...]