FreeCryptoCurrency.Me

Quick Take

• Filecoin is the leading protocol among a new generation of blockchain-based and crypto-enabled decentralized storage protocols in terms of used storage, storage capacity, and the size of its ecosystem
• It is supported by lively communities of developers keen on developing new features on and applications for the base protocol, incentivized by numerous opportunities to capitalize on a massive potential market
• Here, we take a look at Filecoin’s latest ecosystem developments to get a better sense of where the market is now and where it is going

IRA Financial Trust, a provider of crypto IRA services, said Monday that it is suing crypto exchange Gemini for its alleged role in the breach of customer retirement accounts. IRA Financial, which has offered clients exposure to crypto via integration with Gemini, said in a press release that the New York-based Gemini’s systems were responsible […]

The post Crypto IRA provider says it is suing Gemini for alleged role in $36 million breach appeared first on The Block.

Harbour is an institutional-grade liquid staking service developed by blockchain company Blockdaemon and liquid staking protocol StakeWise.

The post Blockdaemon launches liquid staking platform for institutional investors on Ethereum appeared first on The Block.

Hut 8 started mining at a new location last week. The company has also released an update about production in May, stating it is still holding on to mined bicoin.

The post Crypto miner Hut 8 begins operations at new Canada location appeared first on The Block.

The developer has proposed to Lido Finance’s governance platform that it should sell $17 million of ETH from its treasury funds.

The post Lido developer: DAO should sell $17 million of ETH to ‘prepare for bear market’ appeared first on The Block.

Of the 20,000 plots of land available, 19,969 were sold, with the remaining 31 plots of land to be held for future giveaways.

The post NFT game Illuvium raises $72 million in digital land sales appeared first on The Block.

Billionaire Elon Musk hasn’t ruled out the option to pull out of the deal to buy Twitter as he insists the company is required to share more user data.

The post Elon Musk argues he has the right to pull out of Twitter deal appeared first on The Block.

PancakeSwap’s CAKE token has jumped in price after Binance Labs announced it had bought an undisclosed amount of the governance token.

The post PancakeSwap (CAKE) price rises 9% as Binance Labs purchases tokens appeared first on The Block.

Ant Group, the company behind China’s largest digital payment platform Alipay, has launched a neobank in Singapore.

The post Jack Ma’s Ant Group launches digital bank in Singapore appeared first on The Block.

Wall Street appears to be losing faith in Coinbase, a development that comes as the US crypto exchange undertakes a raft of cost-cutting measures.

The post Coinbase pumped the brakes on hiring as Wall Street’s love affair cooled appeared first on The Block.