YZY token aftermath sees 105 traders lose $100k-$1M each in $75M wipeout

Kanye West’s YZY token launch has left 105 traders with significant losses between $100,000 and $1 million each, totaling $26 million in combined losses at an average of $250,000 per wallet. According to data shared by Bubblemaps analysis published on Aug. 27, 70,201 traders interacted with the token, resulting in 51,862 tanking losses. West’s controversial […]

1 min read

The Threat Of Extreme Statutory Damages For Copyright Almost Certainly Made Anthropic Settle With Authors

from the can’t-risk-it dept In what may be the least surprising news in the world of copyright and the internet, Anthropic just agreed to settle the copyright lawsuit that everyone’s been watching, but not for the reasons most people think. This isn’t about AI training being found to infringe copyright—in fact, Anthropic won on that […]

4 mins read

#10 “You Can Replace The Bonds In The Traditional 60/40 Portfolio With Gold And It Makes No Difference” – Meb Faber Research

If you read the headline of this article, you probably have the same thought as everyone else: “No CHANCE” Meaning, there is no way this headline is true. I mean, how many investors do you know with a portfolio that is 60% stocks and 40% gold? (Ok maybe a few crazy Canadians or Australians?) The […]

1 min read

Animal Spirits: State of the American Investor

This episode is sponsored by Invesco: To learn more about Invesco’s income advantage ETFs. Visit https://www.invesco.com/income-advantage Sign up for Future Proof here  On today’s show, we discuss: Smoke and Mirrors 2025 State of the American Investor Study How People Invested Before The Internet Was A Thing McDonald’s to Cut Combo-Meal Prices After Convincing Franchisees Job […]

1 min read

Recent books from the MIT community

Data, Systems, and Society: Harness AI for Societal GoodBy Munther A. Dahleh, professor of EECS and founding director of the Institute for Data, Systems, and SocietyCAMBRIDGE UNIVERSITY PRESS, 2025, $27.99 So Very Small: How Humans Discovered the Microcosmos, Defeated Germs—and May Still Lose the War Against Infectious DiseaseBy Thomas Levenson, professor of science writingPENGUIN RANDOM […]

1 min read