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.
Tim Wu, a one-time Bitcoin critic and current technology policy adviser at the White House, reportedly owns between 29 and 146 BTC.
Tim Wu, the 'father of net neutrality' reportedly owns over $1M in Bitcoin
Osato Avan-Nomayo
Altcoin Watch
The token emerged as one of the top performers in the cryptocurrency market — even as traders mass-dumped other assets.
Filecoin ignores Elon Musk’s Bitcoin FUD as FIL price rockets by 17%
Yashu Gola
Filecoin’s sudden rise to the top 10 cryptocurrencies by market cap, however brief, points to its potential as it’s driven by community in China.
FIL on the rise: Filecoin’s upcoming production cut alters tokenomics
Anirudh Tiwari
Market Analysis
Cointelegraph Markets Pro delivered a market-moving NewsQuake™ on Storj to subscribers this week, while the VORTECS™ Score picked up bullish conditions for File...
VORTECS Report: Storage coins rev up gains as Markets Pro rides the green wave
The Internet Archive’s founder Brewster Kahle has joined the boards of advisors for the Filecoin Foundation and the Filecoin Foundation for the Decentralized We...
Filecoin Foundation donates $10M in FIL tokens to Internet Archive
Helen Partz
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
Samuel Haig
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
Ben Yorke
Markets News
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
Joseph Young

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