The post Sales For Olivia Nuzzi’s ‘American Canto’ Fizzle—And Vanity Fair Cuts Ties appeared on BitcoinEthereumNews.com. Topline A heavily promoted memoir from political journalist Olivia Nuzzi that explored her “love” for Robert F. Kennedy Jr. and set off a media firestorm appears to be fizzling with book buyers—and now Vanity Fair says it’s parting ways with the writer. Olivia Nuzzi at 1 Hotel South Beach on Feb. 16, 2022. Getty Images for Vox Media Key Facts Vanity Fair, which had recently hired Nuzzi as West Coast editor and published an excerpt of the book, announced in a joint statement with Nuzzi Friday it would part ways with her, saying it was “in the best interest of the magazine…to let her contract expire at the end of the year.” “American Canto,” which billed itself as “a mesmerizing firsthand account of the warping of American reality over the past decade,” sat at a middling No. 5,546 on Amazon’s bestsellers rank on Friday, three days after its release, and No. 3,059 in the Kindle store. Amazon’s somewhat mysterious rankings don’t reflect real-time book sales, as Amazon notes it considers both historical and recent activity, and changes in rank can take days to update, while publishing observers caution they don’t always capture all audience demand. But Dan Sinykin, an assistant professor of English at Emory University, called the sales ranking “strikingly low,” and said the book will likely underperform expectations. “American Canto” did not appear on Amazon’s “Movers & Shakers” list Thursday, which chronicles the largest gainers in sales rank over the previous 24 hours, and is often a bellwether of success on the best-seller charts in the days after a book’s release. For a book to break onto the New York Times best sellers list of the top 15 selling books—an immensely important ranking that often determines how a book will be distributed and displayed in bookstores and airports… The post Sales For Olivia Nuzzi’s ‘American Canto’ Fizzle—And Vanity Fair Cuts Ties appeared on BitcoinEthereumNews.com. Topline A heavily promoted memoir from political journalist Olivia Nuzzi that explored her “love” for Robert F. Kennedy Jr. and set off a media firestorm appears to be fizzling with book buyers—and now Vanity Fair says it’s parting ways with the writer. Olivia Nuzzi at 1 Hotel South Beach on Feb. 16, 2022. Getty Images for Vox Media Key Facts Vanity Fair, which had recently hired Nuzzi as West Coast editor and published an excerpt of the book, announced in a joint statement with Nuzzi Friday it would part ways with her, saying it was “in the best interest of the magazine…to let her contract expire at the end of the year.” “American Canto,” which billed itself as “a mesmerizing firsthand account of the warping of American reality over the past decade,” sat at a middling No. 5,546 on Amazon’s bestsellers rank on Friday, three days after its release, and No. 3,059 in the Kindle store. Amazon’s somewhat mysterious rankings don’t reflect real-time book sales, as Amazon notes it considers both historical and recent activity, and changes in rank can take days to update, while publishing observers caution they don’t always capture all audience demand. But Dan Sinykin, an assistant professor of English at Emory University, called the sales ranking “strikingly low,” and said the book will likely underperform expectations. “American Canto” did not appear on Amazon’s “Movers & Shakers” list Thursday, which chronicles the largest gainers in sales rank over the previous 24 hours, and is often a bellwether of success on the best-seller charts in the days after a book’s release. For a book to break onto the New York Times best sellers list of the top 15 selling books—an immensely important ranking that often determines how a book will be distributed and displayed in bookstores and airports…

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more