Protocol Labs, the company behind Filecoin and other projects, has announced a research grant program worth $5 million initially.
Business blogger James Altucher provides a counter to cryptocurrency being "a solution in search of a problem," one strong enough to make him a bull.
Filecoin's initial coin offering has ended, raising more than $257 million over a weeks-long token sale.
The ICO for the the blockchain-based data storage network Filecoin has raised as much as $250 million despite being beset by tech issues.
San Francisco-based startup Protocol Labs has sold $52 million in a token pre-sale ahead of an initial coin offering launch next week.