Filecoin Settles Near $40 After Wild Opening Day of Trading
Filecoin popped then dropped in an erratic first day of trading.
Gemini is calling on developers who want to assist the effort to bring the FIL token to Ethereum.
The Filecoin network is facing liquidity problems, forcing some miners to borrow the native token at outrageous rates.
Filecoin and IPFS creator Juan Benet is unafraid of taking on imposing problems. Like, say, rebuilding the internet.
The mandatory upgrade is the first post-launch upgrade to the Filecoin network.
Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations.