TL;DR The SEC expands its lawsuit against Binance, now classifying tokens such as Axie Infinity (AXS), Filecoin (FIL), and Cosmos (ATOM) as unregistered securities. Binance and its subsidiary BAM Trading are accused of promoting these tokens as investments without complying with the necessary regulations.

The SEC's latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.

Filecoin has formed a new partnership with Storacha, a move aimed at bolstering decentralized storage solutions. Here's a closer look at these updates and their implications for the future of Filecoin.

Filecoin (FIL) reaches over 4 million blocks, introduces Fast Finality, and collaborates with Storacha for enhanced decentralized storage.

Storacha partners with Filecoin (FIL) to revolutionize decentralized hot storage using Proof of Data Possession (PDP), ensuring secure, accessible data with top-tier availability and durability.

Privacy-focused web startup Brave has cut approximately 15% of its workforce, its second round of layoffs with the past 10 months.

Filecoin (FIL), the decentralized cloud storage marketplace and protocol, is looking to catalyze further growth with the unveiling of a new public goods developer team. Filecoin's latest announcement? On August 22, 2024, the top project in the decentralized physical infrastructure network (DePIN) ecosystem by market cap, announced the launch of FIL-Builders, or FIL-B.

The altcoin industry has consolidated in a bearish outlook for the past five months despite the notable rise in demand from institutional investors. The increased crypto regulatory clarity in the United States has created an enabling environment for further altcoin growth.

FIL-B introduces a public goods DX team to support builders on Filecoin (FIL), aiming to enhance the developer experience and community growth.

Filecoin (FIL) announces FIL RetroPGF 2, FIL Dev Summit 5 in Bangkok, and several new initiatives in its latest update, enhancing the decentralized web.

Filecoin (FIL) introduces FIL-RetroPGF-2 with increased funding, streamlined processes, and enhanced UX to support public goods projects.

Several challenges are undermining Filecoin's position as a leading project among Decentralized Physical Infrastructure Networks (DePIN). Despite notable price swings, with FIL reaching a yearly high of $11.46 in June, its value has since dropped by nearly fourfold.

Grayscale, the world's largest crypto asset manager, now operates at least 17 single-asset crypto investment products.

Grayscale also launched funds for protocols Bittensor and Sui in August.

The company launched similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month.

Filecoin (FIL) announces new FVM explorer, successful nv23 waffle upgrade, and partnerships with SingularityNET and Bagel in its latest news update.

Filecoin price fell 7% to $3.2 on Monday amid the broader market correction. Over the past 24 hours, the cryptocurrency market has seen total liquidations of approximately $1.23 billion, according to coin glass data.

Like other altcoins, Filecoin (FIL) faces intense volatility following the wider market collapse. The latest data from several price tracking platforms shows that FIL's price has decreased by a staggering 16.38% in the last 24 hours.

This week, significant news from the traditional and decentralized finance sectors is underway in the crypto sphere. Some projects, including Filecoin and MultiversX, are gearing up for important updates.

Filecoin remains beaten up by the current market's heavy volatility as it continues pointing downwards. According to the latest market data, FIL plummeted by 18% since last week, representing a significant slash in value.

Like every other network upgrade, the NV23 upgrade is a move by Filecoin aimed, first, at improving its network performance.

The public mainnet of modular infrastructure platform Lava Network is live, having launched on July 30 with support from some of the industry's top players and projects.

Marta Belcher of the Filecoin Foundation discusses deploying IPFS in space, civil liberties, and crypto policy developments in a recent podcast episode.

Lava Network's mainnet launch, supported by major ecosystems, enhances decentralization and interoperability, fostering broader Web3 adoption. The post Lava Network launches mainnet with Filecoin, Starknet, Cosmos support appeared first on Crypto Briefing.

FIL, the native token of the leading decentralized storage system Filecoin, is poised to lose its recent gains as buying pressure begins to wane.

Filecoin (FIL), a standout player in the cryptocurrency realm, is creating waves with its innovative decentralized storage technology. As we navigate through 2024 and look further into the next decade, many investors and analysts are speculating about Filecoin's future.

Decentralized Physical Infrastructure Networks (DePin) are transforming the tech by enabling decentralized projects in real-world infrastructure.

Investor shifts from Grayscale to new Ethereum ETFs highlight market volatility and the competitive landscape in crypto investment products. The post US Ethereum spot ETFs off to rough start: $1.5B left Grayscale fund, BlackRock led first-week inflows appeared first on Crypto Briefing.

Filecoin (FIL) announces NV23 'Waffle' upgrade, enhancing network performance and integrating Ethereum transactions.

Filecoin (FIL) is facing a significant downturn, with its price dropping to approximately $4.18, marking a 12% decline from recent highs. This drop comes after a sharp 8.5% decrease in just one day, raising concerns about the token's near-term performance. If the current downtrend continues, FIL could test critical support levels around $4.

As Filecoin (FIL) edges towards a breakout, currently priced at $4.29, a surge in buying pressure might lead to a 7% increase if it surpasses its current trading range. Meanwhile, Cronos (CRO) Labs rolls out pivotal updates, including the Tethys testnet and engaging community programs, positioning it for future growth.

Filecoin's (FIL) price is not alien to the conditions of the crypto market, which is attempting to prevent further beating than the one already taken.

The Securities and Exchange Commission has given the green light for spot Ethereum ETFs, which will start trading on Tuesday.

The planned fee for Grayscale Investments' spot ether ETF was initially on the higher end when compared to competitors.

Grayscale Investments has announced the launch of a new and innovative fund dedicated to decentralized AI.

Crypto asset manager Grayscale Investments has unveiled its latest offering, the Grayscale Decentralized AI Fund.

Grayscale Investments has launched a new Decentralized AI Fund for accredited investors, offering exposure to blockchain-based AI protocols

In a move aimed at capitalizing on the growing potential of decentralized artificial intelligence (AI), Bitcoin ETF issuer and crypto asset manager Grayscale has officially launched its new Decentralized AI Fund, which aims to provide investors exposure to protocols within the AI sector of the crypto ecosystem.

Grayscale Investments has launched the Grayscale Decentralized AI Fund LLC, targeting top altcoins within the decentralized AI sector.

It's the first of its kind to provide investors with a link to decentralized AI protocols. Five artificial intelligence-based coins make up the backbone of this fund.

Grayscale Investments has launched a new Decentralized AI Fund for artificial intelligence crypto protocols.

Grayscale Investments is making headlines with their new offering, the Grayscale Decentralized AI Fund. Before diving into the details, excited investors should note that this new fund is only for accredited investors. This fund promises exposure to the growing sector of decentralized artificial intelligence (AI) protocols.

Grayscale Decentralized AI Fund offers early investment in blockchain-based AI protocols, while simultaneously addressing deep fakes, misinformation, and bot authentication challenges.

Grayscale launches decentralized AI fund. Plus, Donald Trump said the U.S. should take the lead in the global crypto race before China does.

Crypto projects focused on artificial intelligence (AI) saw a general surge in their native tokens after Grayscale announced the launch of a new fund focused on decentralized AI.

Grayscale Investments has announced the launch of the Grayscale Decentralized AI Fund, aimed at providing exposure to blockchain-based artificial intelligence (AI) protocols. The fund, available to accredited investors, includes a basket of decentralized AI crypto protocols, rebalanced quarterly.

Crypto asset manager Grayscale is launching a new fund centered on decentralized artificial intelligence projects, according to a July 17 statement. The Grayscale Decentralized AI Fund LLC fund aims to give investors access to the growing AI sector within the crypto ecosystem.

The fund is available only for accredited investors. Its basket includes native tokens from Bittensor, Filecoin, Livepeer, Near, and Render.