May 7 & 8: Markets mayhem, Elon Musk 'steals' picture, Starbucks NFTs, Gucci accepts SHIB — weekly news roundup

Connor Sephton and Molly Jane Zuckerman chew over the week's crypto headlines in the weekend edition of CoinMarketRecap. On the show, we analyze the dramatic plunge in the crypto markets. Plus — Elon Musk's been accused of stealing a collage of Bored Apes for his profile picture on Twitter... does this expose a bigger problem with non-fungible tokens? Meanwhile, Starbucks is launching its own NFTs — can crypto collectibles drag loyalty programs into the 21st century... or will the coffee chain face a backlash? And Gucci is going to start accepting crypto as a payment method — including Dogecoin and Shiba Inu. We'll be asking if that's a good idea. You can follow us on Twitter — @MollyJZuckerman @ConnorSephton and @CoinMarketCap. And if you want to attend CoinMarketCap's first-ever conference in the metaverse on May 26 and 27, get tickets at https://conference.coinmarketcap.com.