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Filecoin News

Filecoin is a decentralized platform for data storage. The Filecoin project was launched by California-based technological company Protocol Labs in 2014. The main purpose of Filecoin is to create an efficient solution for storing data, which is based on protocols of decentralized network IPFS (InterPlanetary File System). IPFS was also developed by Protocol Labs to replace the existing HTTP with a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system. According to Filecoin’s white paper, the main idea is that their users should install special software that allows them to store data on PC’s hardware. As a reward, users receive Filecoin and exchange them on other digital or fiat currencies. The Filecoin ICO was conducted in 2017. Filecoin mining is able to be done through their official software.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Following the launch of Canada’s first Bitcoin ETF, shares in Grayscale’s Bitcoin Trust have spent an entire month trading at a discount compared to spot BTC fo...

Canada's Purpose Bitcoin ETF may be cutting into Grayscale's market share

2021-04-02T02:55:27+01:00

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Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill ...

Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention

2021-04-02T01:18:06+01:00

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Filecoin reached a $450 billion fully diluted market valuation as three major factors catalyzed a strong technical rally.

Filecoin market cap hits $450B after FIL price rallies above $230

2021-04-01T22:50:00+01:00

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If bulls can propel Bitcoin to a new all-time high, UNI, LUNA, THETA and FIL are likely to outperform their competitors.

Top 5 cryptocurrencies to watch this week: BTC, UNI, LUNA, THETA, FIL

Rakesh Upadhyay

2021-03-21T20:29:11+00:00

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Bitcoin bulls are making a renewed push toward $60,000 after the Federal Reserve and Morgan Stanley made announcements that could bode well for BTC price.

$60K Bitcoin price back in sight after Morgan Stanley and Fed announcements

Jordan Finneseth

2021-03-17T23:22:47+00:00

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FIL, the native token of the Filecoin ecosystem, has rallied 40% in the past two days, catalyzed by two likely factors.

Filecoin gains 40% in 48 hours: What's driving the massive FIL price rally?

2021-03-17T15:35:36+00:00

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Gensler will likely be replacing Jay Clayton, who famously slowed down the ICO market during his tenure at the SEC. Will Gensler issue new clarity?

The way forward for ICOs: Learn crypto from Biden's SEC chair pick, part 1/3

2021-01-19T15:25:02+00:00

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The Filecoin network is recovering as miners upgrade to a new client after a four-hour network outage.

Filecoin network suffers temporary outage

Osato Avan-Nomayo

2020-12-21T11:04:03+00:00

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