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A large footprint in China, which creates skepticism about data safety, and a heavy subsidy spend, means Filecoin needs more than a token rally to be sustainable. Original Source
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The utility FIL token jumped 62% over the past week. Decentralized storage protocols recently gained attention as their use has increased, an analyst said. Source
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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 network Filecoin. Benet emphasized in the blog post that it has been an “extremely challenging economic downturn, worldwide, and especially
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Protocol Labs, the company behind decentralized file storage network Filecoin, is laying off 21% of its staff, CEO Juan Benet announced in a blog post on Friday. Source
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Place/Date: - January 15th, 2023 at 6:35 am UTC · 4 min read Source: Orbeon Protocol As the crypto market starts showing signs of recovery from a bearish trend all year long, it’s time for investors to find the best available options.Bitcoin
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Place/Date: - December 26th, 2022 at 9:06 am UTC · 3 min read Source: Snowfall Protocol The cryptocurrency market is an ever-changing ecosystem, and investors must always stay up to date to avoid drowning their investments in a losing project. In this
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Place/Date: - December 22nd, 2022 at 4:48 am UTC · 3 min read Source: Snowfall Protocol Cryptocurrencies are on the rise again! Shiba Inu (SHIB) and Filecoin (FIL) are both up by a few percent, but the true winner is Snowfall Protocol
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Place/Date: - December 21st, 2022 at 7:12 am UTC · 3 min read Source: Snowfall Protocol Polkadot (DOT) and Filecoin (FIL) are two of the most popular cryptos in the market today. However, they have been stagnating for a while now.Meanwhile, Snowfall
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Filecoin saw record shorts over the weekend as its down 28% over the past five days, while StorJ is down 20% in the same time period Source
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Filecoin Green, a Protocol Labs initiative designed to reduce the environmental impact of FIlecoin and make Filecoin verifiably sustainable, has spearheaded an initiative to power Web3 technology with verifiably clean energy. According to the announcement, the company is set to address the shortcomings of traditional carbon storage solutions by “marrying blockchain’s
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