Market News Top Crypto News Filecoin Reports Strong Growth Ahead of FVM Launch – Top Crypto Updates Filecoin reports strong growth ahead of FVM launch Decentralized filesharing protocol Filecoin saw a nearly seven-fold growth of data suppliers since the start of 2022. The project plans for a major upgrade in early 2023. The network’s storage providers were increasing at a rate of 20% each month, with most activity in North America, Korea, […] Written by Cherian Varghese September 26, 2022September 26, 2022
Market News Top Crypto News Ethereum Successfully Executes Merge Event – Top Crypto Updates Ethereum successfully executes Merge event At 2:45 am EST (12:15 pm IST), the Ethereum network successfully began its transition from proof of work to proof of stake. In proof of work, Ethereum (ETH) was generated by “mining,” an energy-intensive process by which individuals directed huge amounts of computing power at difficult-to-solve puzzles. Under the proof of […] Written by Cherian Varghese September 15, 2022September 15, 2022
Market News Top Crypto News Do Kwon, Terra Labs Slapped with Class-Action Suit – Top Crypto Updates Do Kwon and Terra Labs slapped with class-action suit An Illinois resident sued Terraform Labs, its founder Do Kwon, and several venture capitalist (VC) firms that make up the Luna Foundation Guard (LFG). The lawsuit claims that the defendants violated federal securities laws and misled investors. LUNA and TerraUSD (UST) collapsed last month after the […] Written by Cherian Varghese June 20, 2022June 20, 2022
