The artist formerly known as Kanye West (he changed his name to “Ye” legally in 2018) is, in addition to being a self-proclaimed “Nazi,” now a denizen of the web3 world he once derided. On Wednesday, West took to social media to announce YZY coin. “The official Yeezy token just dropped,” said a bored-looking West in a video posted on his X account. Within hours, YZY had climbed to a market cap of some $3 billion, Wired reports. Not long afterward, the coin predictably plummeted in value and eventually settled around $1.5 billion, Forbes writes. West also shared a link...