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Related Articles from SNS
Bubbles vs. Baselines: Token Valuation and Institutional Capital in PoS Networks under EIP-1559
arXiv:2606.07445v1 Announce Type: cross Abstract: This paper presents an open-economy macroeconomic equilibrium model for Proof-of-Stake (PoS) networks with fee-burn mechanics (EIP-1559) that formalizes the strategic interplay between a Kelly-optimizing rational institutional investor and a utility-driven retail consumer. We analyze network dynamics across two behavioral regimes. In The Unbounded Accumulation Model, the consumer purely accumulates tokens, creating an exclusive buy-side...
Institutions and the transmission of upper-tail human capital: scientific lineages across a millennium
Announce Type: new Abstract: What made useful knowledge cumulative was not discovery alone but the institutions that transmitted it. We provide the first exhaustive structural measurement of the network through which upper-tail human capital passed from master to student across a millennium. Using 470,000 mentor-student records from Wikidata (which integrates the Mathematics Genealogy Project and MacTutor Archive), and all 64 historical Fields Medalists as a fixed, ex ante tracer set,...
Govt exempts capital gains tax on FIIs' govt bond investments
With an aim to attract foreign capital, the government on Friday promulgated an ordinance to exempt capital gains tax on investments made by Foreign Institutional Investors in government securities, according to a PTI report. The move is aimed at making Indian debt markets more attractive to overseas investors while helping shield the economy from the effects of the continuing Iran conflict. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved an ordinance on Wednesday to...
Explainer-Why SpaceX faces a longer wait to join S&P 500
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India scraps tax on overseas bond investors in bid to attract foreign capital and shore up the rupee
India is doubling down on measures aimed at attracting foreign portfolio investments, as capital outflows hit a record high. The government on Friday announced that it has exempted foreign investors and the Bank for International Settlements — a global financial institution owned by central banks— from income tax on any interest or capital gains. The exemption will take effect from April 1, 2026, as per the government's release.
One of Denmark's biggest pension fund blacklists IPO of Elon Musk's Spacex
A prominent Danish pension fund that previously made waves by dumping US Treasuries has reportedly announced that it will boycott the upcoming Initial Public Offering (IPO) of SpaceX, citing severe overvaluation and a deeply flawed corporate governance model. According to a report by Bloomberg, AkademikerPension, which manages $25 billion in assets, has blacklisted the aerospace giant despite its massive target valuation of at least $1.8 trillion. Anders Schelde, the fund’s chief investment...
Autonomous freight trucking company Einride rises sharply in first trade on Nasdaq
Autonomous EV freight trucking company Einride rose sharply in its first day of trading on the Nasdaq. The company went public on Wednesday morning under the ticker symbol "ENRD." Einride shares were higher by as much as 90% during trading on Wednesday morning.
Retail investors hit borrowing limits at South Korean brokerages, think tank says
Retail investors hit borrowing limits at South Korean brokerages, think tank says SEOUL, June 10 : Leveraged stock investments by South Korean retail investors have reached their limits set at local brokerage firms as the country's world-beating stock market rally stretches borrowing capacity, a think tank said on Wednesday. "There are caps at each brokerage firm, which are being strictly regulated. The caps have been reached at each brokerage firm, so it is difficult for retail investors to...
MORNING GLORY: The countryside versus the capitol part I
Who can handle "the pressure?"The new film "Pressure" is an accurate retelling of the fateful days leading up to the Allies’ invasion of Normandy on June 6, 1944. The success of the D-Day landings were far from a forgone conclusion either as to the date of their launch or its chances of success. Then General Dwight "Ike" Eisenhower had to make the decision to "go-no go" in the early days of June 82 years ago, and the pressure on "Ike" was enormous and unrelenting.
How disinformation in Congo is worsening Ebola epidemic
How disinformation in Congo is worsening Ebola epidemic June 5, 2026Three weeks since the start of the latest Ebola epidemic in the Democratic Republic of Congo, the facts are: 397 confirmed cases, including 63 confirmed deaths, according to the latest figures reported by the African Union's Africa Centres for Disease Control and Prevention. And yet: "The community does not believe in this disease. Despite the deaths, people don't believe in it," said John Tumujimbe, head of a team for...