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Is Crypto Dead? Fed Crashes Markets. Bored Ape Land Mint. Hop Airdrop. Solana Down.

Bankless

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NFTs, Blockchain Challenges, and Legal Battles

This chapter explores Starbucks' entry into the NFT market and critiques corporate motivations around NFTs, highlighting skepticism towards their intentions. It delves into the reliability issues surrounding the Solana blockchain due to recent outages and vulnerabilities to spam attacks, raising concerns over decentralization and censorship. Additionally, the chapter addresses a class action lawsuit against the DeFi platform PoolTogether, examining the implications of such legal challenges on the broader DeFi ecosystem and its innovations.

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