China-based blockchain investment firm Fenbushi Capital, today announced it has launched the Fenbushi Ecosystem Fund, a new investment fund designed to drive the continued growth of applications under development on the world's largest...
Filecoin, the open-source decentralized Storage Network provider gave its miners and investors a scare as it reported a glitch that caused a temporary network outage. According to the status report...
During the previous crypto market bull run, altcoins would surge following a major exchange listing but that does not appear to be the case any longer as seen with Filecoin today. Decentralized data storage token Filecoin...
As we slowly move towards the end of the turbulent 2020, the expansion of the total cryptocurrency market capitalization seems to be slowly losing steam. Nevertheless, there are several cryptocurrency projects that are issuing updates to their mainnets, rolling out new features or taking part in other important events.
Filecoin and IPFS creator Juan Benet is unafraid of taking on imposing problems. Like, say, rebuilding the internet.
Today, Coinbase Pro announced that it would be adding is adding support for Filecoin. Trading is slated to begin this Wednesday at 9 AM Pacific Time (PT). Coinbase Adds Filecoin Users of the exchange's...
The cryptocurrency market is moving promisingly. The major cryptocurrencies like Bitcoin, Ethereum, and Ripple are performing well but the altcoins are also showing great improvement. Here are the top 5 performing cryptocurrencies of the week (week-14). Let’s...
The first days, after the Filecoin mainnet launch, were marked with miners' riot and price dump accusations. However, the founder of the project, Juan Bennet, declines all the critics and claims that everything is going according to the plan. At the same time, the FIL coin price fell just after the mainnet starting point and tried to correct it. What's going on with...
Blockchain-focused firm ConsenSys has announced a partnership with Protocol Labs, the open-source software laboratory behind Filecoin, to integrate Filecoin fully with its Ethereum product stack. In an official blog post, ConsenSys noted that the collaboration would connect...
Plus: the crypto companies turning away business What may prove to be the crypto news of the year broke this week, with the long-rumored announcement by PayPal that support for buying, selling, hodling, and purchasing will soon make its way to the company's customers. Filecoin continues forward with its long-awaited mainnet as several of its top miners object to the...
Filecoin is a decentralized cloud service for public data with smart contract storage opportunities Filecoin is a B2B and B2C decentralized storage network whose goal it is to reinvent the public data storage market. It was invented by Protocol Labs, an open source laboratory. The first...
As we progress through Q4 2020, several projects are moving ahead with continued development. May it be a just recently launched coin, an already established exchange-issued token or the world’s first cryptocurrency - this week’s selection of top 3 coins to watch has them all.
Filecoin, a file storage blockchain network that promises to become a storage protocol of the decentralized web is in deep trouble. Within 24 hours of launch, the Filecoin miners demanded a change in the current mining rewards distribution setup. According to the miners, participation in Filecoin mining is cost-intensive and the reward distribution is unfair. Undoubtedly, Filecoin is a resource-intensive network as mining...
Binance Futures is all set to launch a FIL/USD coin-margined perpetual contract with trading starting from the 20th of October at 7:00 AM (UTC). According to the official blog post, the FIL/USD coin-margined perpetual contract is a futures contract that uses FIL as collateral. Herein, the users will be able to choose between 1-50x leverage. The post Binance Futures To Launch FIL/USD Coin-Margined...
The newly launched Filecoin project is running into problems already as miners pull their collective plugs over a token model that does not appear to be economically viable. The much-hyped Filecoin data storage network...
Trouble for Filecoin shows no signs of fading away. While decentralized space [DeFi] is highly controversial, thanks to the massive boom, Filecoin has managed to capture the headlines in recent days, and not all of them are good....
Raising $257 million during the ICO in September 2017, Filecoin's mainnet is now launched. The project is aimed to become a new decentralized form of iCloud and Dropbox. The main idea behind Filecoin is the creation of the next- generation data storage platform. In this article, we've dived into the world of data storage on blockchain and got a comprehensive review of Filecoin cryptocurrency...
Coinbase Custody has announced the addition of the Filecoin token (FIL) to its list of digital assets available for users. Coinbase Custody, the custodial service entity of Coinbase, disclosed the addition of Filecoin (FIL) via an official blog post. The company noted it is enabling support for the new...
Filecoin is a cryptocurrency and a digital storage and data retrieval method. It was first released in July 2014 and conducted an ICO in 2017. The project managed to raise around $200 million, however, it wasn't until a few days that the cryptocurrency got listed on several exchanges. The launch of Filecoin has been one of the most awaited launches ever, in the...
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