Tuesday, July 27, 2021
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Filecoin Foundation donates $10M in FIL tokens to Internet Archive

The Internet Archive, an American nonprofit behind major digital archive Wayback Machine, has received a $10 million cryptocurrency donation from the Filecoin Foundation.According to a Friday announcement, the Filecoin Foundation has donated 50,000 Filecoin (FIL) tokens to the Internet Archive, worth more than $10 million at the time of writing. The

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Desperation Among Filecoin Miners Creating a Big Market for FIL Borrowing

Filecoin miners are paying large investors an annual percentage rate as high as 40% to borrow FIL, the closely-held native token required to participate in the decentralized storage network.This dynamic has created a lending market and is leading to more questions about Filecoin’s economic model. The lack of liquidity in tokens

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