Filecoin

Sushi Launches on Filecoin, Expanding Decentralized Exchange Services
Filecoin

Sushi Launches on Filecoin, Expanding Decentralized Exchange Services

Sushi, a prominent decentralized exchange, is now integrated on Filecoin, enhancing its cross-chain capabilities and launching a special NFT to commemorate the collaboration.

SEC Considers Filecoin a Security, Grayscale Disagrees
Filecoin

SEC Considers Filecoin a Security, Grayscale Disagrees

According to the SEC, Grayscale's Filecoin Trust's underlying asset, Filecoin (FIL), should be classified as a security under federal securities laws. The regulatory body's viewpoint has sparked a dispute, as Grayscale holds a differing opinion on the matter.

Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter
Filecoin

Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter

Protocol Labs, Chainalysis, and Bittrex slashed 216 employees during the crypto winter.

Aussie Regulator Halts 3 Crypto Funds Belonging to Holon Investments
Filecoin

Aussie Regulator Halts 3 Crypto Funds Belonging to Holon Investments

The Australian regulator, ASIC has issued a stop order, halting three major funds linked to Holon Investments

Filecoin Miner RRMine Global Shuts Down Market in China, Moves HQ to Singapore
Filecoin

Filecoin Miner RRMine Global Shuts Down Market in China, Moves HQ to Singapore

Decentralized storage network Filecoin miner RRMine Global announced that it would withdraw from the Chinese mainland market and close its business in mainland China, moving its headquarters to Singapore.

Ebullient Market Reaction to Less Aggressive Fed; ETH Is Most Wanted Before the Merge
Filecoin

Ebullient Market Reaction to Less Aggressive Fed; ETH Is Most Wanted Before the Merge

With the Federal Reserve raising interest rates by 0.75 percentage points for the second consecutive time in an effort to contain runaway inflation, Bitcoin, in line with all markets, responded in a positive manner. Despite the 75 BPS rise, market participants did not view it negatively. High inflation had already fueled speculation of an entire percentage point hike before the central bank’s meeting. A benchmark overnight borrowing rate of 2.25%-2.5% is currently at its highest since December 2018.

Crypto Market Cap Soars Above $2 Trillion
Filecoin

Crypto Market Cap Soars Above $2 Trillion

Bitcoin's dominance in the crypto market is reducing, giving room for altcoins to chart their own growth path.

Four Reasons Why Filecoin Increased by 430% Within a Month
Filecoin

Four Reasons Why Filecoin Increased by 430% Within a Month

Filecoin has risen by 89.74% within 7 days and has increased by over 430% since the beginning of March. What are some factors driving Filecoin's surge?

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products
Filecoin

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products

One of the leading Chinese Filecoin mining machine providers, IPFSMain has suspended sales of all products.

Filecoin Creator Dismisses Miners Strike and says the Allegations are “Nonsense”
Filecoin

Filecoin Creator Dismisses Miners Strike and says the Allegations are “Nonsense”

Filecoin creator, Juan Benet recently took it to Twitter to deny the allegations against the protocol’s miners’ strike one day after its launch.

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