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

Check out the sentiment of the day!

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. 

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Milko Trajcevski

Milko Trajcevski is a DailyCoin news reporter, mainly focused on Ethereum (ETH), Cardano (ADA), and their founders (Vitalik Buterin and Charles Hoskinson). Milko is an avid follower of crypto and blockchain technology and has written thousands of articles on the subjects. He finds joy in transforming complex issues into written content that anyone can understand. Milko has used and analyzed numerous exchanges, such as Coinbase, FTX, and Binance. He also closely follows all of the latest news around the largest decentralized exchanges (DEXs). Location: Skopje, Macedonia