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What’s Going on With Crypto? – August 17th – TikTok, Chainlink and Harmony, Alibaba, Microsoft, LGBTQ, OpenSea, Poly Network Bounty, Spanish Watchdog, Solana

Top 10 crypto stories of today: 

  • Alibaba is launching its own Marketplace that will allow artists to sell copyrights.  
  • TikTok partnered with Audius to create the funnel, allowing users to upload their music directly to TikTok Sounds and get paid. 
  • Ark Investment reduced its holdings of Coinbase and Robinhood stocks.  
  • Microsoft partnered with Alibaba to create anti-piracy measures on the Ethereum network. The solution is called the “proof of leakage” mechanism. 
  • Chainlink Price Feeds were natively integrated on the Harmony testnet 
  • Poly Network is soon to be relaunched with a $500,000 offer as bounty for white hats 
  • Spain’s National Securities Market Commission warned 12 financial entities, including Huobi and Bybit 
  • USA Today reported that the popularity of crypto is higher among LGBTQ+ and Black Americans 
  • OpenSea hit $1 billion by trading volume in August 
  • Solana (SOL) keeps surging. It established a new price all-time-high of $74.59 and finally settled in the top 10 cryptos. 

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