Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain…
Continue ReadingThe company behind Filecoin will reduce its workforce by 21%. FIL may be due to a reversal as buying pressure weakens. In a press release published on 3 February, Protocol…
Continue ReadingFilecoin to deploy InterPlanetary File System in space in partnership with Lockheed Martin. FIL was among the top blockchains by revenue in the last week. Filecoin [FIL] recently revealed that…
Continue ReadingDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Two obstacles block FIL’s path to its pre-FTX levels. …
Continue ReadingCryptocurrencies are still doing well in the first few weeks of 2023, and it comes as no surprise that many people are looking for reliable digital assets to invest in.…
Continue ReadingBTC could take a break from its sharp rally and if BTC price bounces off underlying support, APE, MANA, AAVE and FIL could breakout. After nearly a 20% rally last…
Continue ReadingChainstack collaborated with Filecoin for the FVM Space Warp Initiative. Market indicators were bullish, while the metrics supported the sellers. Filecoin’s [FIL] performance over the last few days was commendable…
Continue ReadingToken Unlock, a platform that uses on-chain data to track vested tokens and inform users of upcoming unlock events, issued a 2022 annual report today showing the highest estimated locked…
Continue ReadingFilecoin’s RSI was in an overbought position, but a few indicators were bullish. FIL’s on-chain metrics also told an ambiguous story. On 17 January, Messari revealed that Filecoin [FIL] had…
Continue ReadingFIL faced price rejection at $3.024. A possible price recovery could set FIL to settle at $2.951. A break above $3.024 will negate the above forecast. Filecoin (FIL) rallied on…
Continue ReadingDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The $4 mark was an important level of support…
Continue ReadingDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The one-hour timeframe order block has served well in the…
Continue ReadingThe third quarter of 2022 saw Filecoin [FIL] making some remarkable achievements. According to Messari’s latest report, Filecoin’s network usage skyrocketed in in Q3 as it registered over 82% growth.…
Continue ReadingIn an official statement released on 31 October, Filecoin [FIL] announced that it had inched another step towards its decentralized storage objectives. According to the network storage team, Filecoin finalized…
Continue ReadingThe organization said that it intends to promote awareness and adoption of decentralized technologies, such as Filecoin, IPFS and Libp2p. Decentralized storage network Filecoin has partnered with Protocol Labs and…
Continue ReadingThis free storage utility aims to address the shortcomings of traditional storage solutions for all types of digital environmental assets, said the company. Filecoin Green, a Protocol Labs initiative designed…
Continue ReadingFilecoin [FIL] was ranked as one of the market’s best altcoins on 23 October, according to an update from social intelligence platform Lunar Crush. According to a recent tweet by…
Continue ReadingThree funds tracking Bitcoin, Ethereum, and FileCoin have been issued interim stop orders by Australia’s market regulator due to “non-compliant” target market determinations. Australia’s chief financial market regulator has placed…
Continue ReadingDecline and primarily depreciation was the story of the Filecoin [FIL] till we hit Q3 of 2022. Interestingly, the decentralized storage network recorded the first positive revenue growth since the HyperDrive…
Continue ReadingBlockchain combined with decentralized storage could ensure data preservation and anonymity when reporting war crimes. Human rights investigators appointed by the United Nations (UN) have confirmed war crimes have been…
Continue ReadingRegarding blockchain technology, file sharing is a vital aspect of all functionality, and Filecoin is a pioneer in the sector. The distinctive approach for this process is the decentralized nature…
Continue ReadingThe service provider also announced the launch of a new system upgrade to increase yield efficiency. RRMine Global, a Filecoin service provider offering global cloud-computing asset management, announced Wednesday that…
Continue Reading“Filecoin is more than just storage, one can think of it as an Airbnb for cloud services.” At the beginning of 2021, Filecoin was a relatively unknown decentralized peer-to-peer storage…
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