Binance Futures is all set to launch a FIL/USD coin-margined perpetual contract with trading starting from the 20th of October at 7:00 AM (UTC). According to the official blog post, the FIL/USD coin-margined perpetual contract is a futures contract that uses FIL as collateral. Herein, the users will be able to choose between 1-50x leverage.
The newly launched Filecoin project is running into problems already as miners pull their collective plugs over a token model that does not appear to be economically viable. The much-hyped Filecoin data storage network launched late last week following a three-year hiatus after its $250 million pre-sale and ICO. A huge level of Chinese FOMO
Trouble for Filecoin shows no signs of fading away. While decentralized space [DeFi] is highly controversial, thanks to the massive boom, Filecoin has managed to capture the headlines in recent days, and not all of them are good. Miner Concerns According to a few experts, at the current valuation, it appears impossible for Filecoin miners
In his fresh attack on the newly launched Filecoin platform, TRON’s Justin Sun has accused the Filecoin team of pulling an exit scam. In his latest tweet, Justin Sun notes that the Filecoin team sold 1.5 million native FIL tokens at a high price of USD 200. Besides, he also goes to mention that Filecoin
Just a day after Filecoin announced its much-awaited mainnet launch on the 15th of October at block 148,888, Binance revealed ending the zero-interest promotion for borrowing FIL and its interest rate will be adjusted as per market requirements. This news comes just hours after Binance enabled Isolated Margin trading for FIL and two other assets.
The Filecoin network announced its much-awaited mainnet launch on the 15th of October at 3 PM at block 148,888. However, that did not deter the platform’s popularity. Announcing the same, Filecoin thanked researchers, experts, developers, Filecoin mining community, Filecoin storage clients, collaborators as well as the community. Its official blog post stated, “This moment marks
Tyler Winklevoss, the CEO, and Co-founder of the leading cryptocurrency exchange, Gemini notified the community that Filecoin [FIL] that deposits and withdrawals will be available on the platform at 10:30 AM ET. Gemini had earlier revealed that deposits and withdrawals for the token would start from the 15th of October when the Filecoin mainnet launches
Decentralized file storage has long been argued as one of the most potentially groundbreaking use cases for blockchain technology, since it could be used to enable massively scalable decentralized applications (DApps), censorship immune file storage and websites, parallelized big data analysis, and a whole lot more. Right now, we are beginning to see the decentralized
The crypto world is full of exciting projects some of which get more exposure and some less. Today, our focus of attention will not only be on promising crypto projects but also on the underlying technology that supports them. Everyone in the crypto community has their favorite list of projects that they believe in and today,
The vision underpinning distributed web storage is finally becoming a reality. Following a slow start, adoption of decentralized storage technologies such as IPFS is starting to catch on as companies embrace web3 and the standards that power it. The latest member of the decentralized storage tribe is dexFreight, a freight shipping company that’s building a
Market Capitalization of cryptocurrencies acts as a successful parameter to rank them. Since the beginning of the crypto markets, the top rankings have witnessed massive changes. According to a new estimation by Messari, the top list will see newer cryptos in the future. In 2017, the ICO rush and introduction of new platforms transformed the
Hedge fund and investment firm, Pantera Capital has invested in Polkadot and at least three other scalability-focused projects. Others that have been adopted by Pantera include Filecoin, Origin and BloXroute according to a report by Forex Crunch on Thursday. All four projects are distributed ledger technology-focused (DLT) firms and the aim of the collaboration is to solve