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Tag Archives: FIL

Altcoins Are Not Pumping, Dragonfly Partner Discusses Three Scenarios

CoinspeakerAltcoins Are Not Pumping, Dragonfly Partner Discusses Three Scenarios The Dragonfly partner urges all stakeholders to stay focused on building valuable technology. He advises VCs to encourage founders to be practical about valuations and exchanges to consider listing tokens at lower initial prices. Altcoins Are Not Pumping, Dragonfly Partner Discusses Three Scenarios

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Securities Designation: Cardano, Solana, and Algorand Plummet to New Lows

While the SEC’s designation of some cryptocurrencies as securities has shaken the market, the development companies behind these assets have strongly rejected the regulator’s characterization. The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance and Coinbase has resulted in widespread volatility in the crypto market. As part of its legal actions, the regulator identified 19 new cryptocurrencies as securities. According to the SEC, “Coinbase makes these...

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Filecoin Foundation Lashes Out at SEC for Classifying FIL as Security

Grayscale also noted that it doesn’t believe that Filecoin is security and seeks to respond to the SEC staff with a legal basis for their position. Earlier this week, the US Securities and Exchange Commission (SEC) classified the cryptocurrency Filecoin as a security and even asked asset manager Grayscale to pull up their application for the Grayscale Filecoin Trust. However, Filecoin has rejected the observation from the SEC adding that FIL was not a security. The Filecoin Foundation...

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Filecoin Labeled as Security, SEC Asks Grayscale to Withdraw Filecoin Trust

The SEC crackdown on crypto firms has intensified significantly since the bear market of last year incited by several collapses and bankruptcy filings of crypto exchanges. The United States Securities and Exchange Commission (SEC) has tagged Filecoin (FIL) as an unregistered security. As a result, the regulator expects Grayscale Investments its application for Filecoin Trust. According to an update given by Grayscale about the status of the Trust’s registration in a statement on Form 10, a...

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CyberConnect Community Token Sale & Registration on CoinList Announced

The CyberConnect CYBER token initial coin offering takes place on CoinList on May 18th, three days after the registration deadline.   CoinList recently announced the registration and sale of its CyberConnect Community tokens would soon be underway. In a blog post, the digital currency exchange said the sale of the user-empowering decentralized social network’s tokens begins on May 18th. The deadline for registration would be three days earlier on May 15th. Priced at $1.80 per token, the...

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Filecoin Launches FWS, Decentralized Alternative to Amazon Web Service

Prior to the launch of the FWS, the protocol launched its Filecoin Virtual Machine Compatibility which supports smart contracts. Blockchain-based storage network, Filecoin Network has announced the launch of its proprietary Filecoin Web Service (FWS) a cloud-based decentralized alternative to tech giants like the Amazon Web Service (AWS), and Microsoft Azure amongst others. As announced by the protocol, the launch of FWS marks a very big milestone for its engineering team and the new...

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CoinList Set to List SUI as Mainnet Launch Date Approaches

The Sui Network is adjudged to be a protocol that makes digital asset ownership fast, private, secure, and accessible to everyone. American token launchpad and trading platform CoinList is set to list SUI, the native token of the much anticipated Sui Blockchain network. As announced by the trading platform, the listing will take place on May 3 which will coincide with the scheduled date that the Sui network will be launching its mainnet. “Our mission at CoinList is to empower builders at...

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What is Filecoin?

Deeper Dive into Filecoin (FIL) Filecoin is a decentralized storage and distribution network. It connects customers and data storage providers from around the world to aim to achieve an efficient and robust marketplace for data storage needs. There are two verifiable markets: the Storage Market and the Retrieval Market. The Storage Market allows clients to pay storage miners to store data. The Retrieval Market allows clients to retrieve data by...

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