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Crypto Market Turmoil and Innovations
This chapter explores the dynamic landscape of cryptocurrency, highlighting a recent profitable airdrop and the controversial launch of a new meme coin, which raises questions about ownership disparities. It also delves into significant events, such as the surge of Bitcoin past $100,000, and discusses legal challenges surrounding scams and token launches. Additionally, the chapter covers innovative DeFi advancements and the implications of Alex Mashinsky's guilty plea, reflecting on the volatility and evolving nature of the crypto market.