Category: Filecoin

The way forward for ICOs: Learn crypto from Biden’s SEC chair pick, part 1/3

January 19, 2021

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This is the first of a three-part series based on Gary Gensler’s extensive prior public statements on crypto. Links to parts 2 and 3 will appear here as they are published.  As the heir-apparent to the Chair of the Securities and Exchange Commission, Gary Gensler’s most critical role in the future of crypto will be […]

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Filecoin network suffers temporary outage

December 21, 2020

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The Filecoin network is recovering as miners upgrade to a new client after a four-hour network outage. 3602 Total views 24 Total shares Decentralized storage protocol Filecoin (FIL) came to a standstill on Dec. 19 as a bug caused instability on the network. According to a project status report issued by the Filecoin team: “The […]

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Gemini Exchange Building ‘Wrapped Filecoin’ for the Ethereum Network

November 10, 2020

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Nov 10, 2020 at 13:56 UTCUpdated Nov 10, 2020 at 13:59 UTC Gemini Exchange Building ‘Wrapped Filecoin’ for the Ethereum Network Cryptocurrency exchange Gemini is developing a “Wrapped Filecoin” (wFIL) service enabling the decentralized storage platform’s native token (FIL) to be used on the Ethereum network. In a company blog post on Monday, U.S.-based Gemini […]

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Desperation Among Filecoin Miners Creating a Big Market for FIL Borrowing

October 30, 2020

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Oct 30, 2020 at 19:46 UTCUpdated Oct 30, 2020 at 20:15 UTC Filecoin creator Juan Benet(CoinDesk archives) 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 […]

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Decentralized Data Storage’s Only Competition Is the Public Cloud

October 16, 2020

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Oct 16, 2020 at 19:25 UTC (frank mckenna/Unsplash, modified by CoinDesk) Decentralized Data Storage’s Only Competition Is the Public Cloud This week, the Filecoin mainnet finally went live. This is huge news, not only because of the anticipation following Filecoin’s large token offering in 2017, but because creating a vibrant ecosystem of decentralized cloud offerings […]

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