FIL was up 22% in the 24-hour period at the time of writing The much-awaited FVM launch was slated for 14 March Filecoin [FIL], at the time of writing, was one of the crypto-market’s top performers after it jumped by 22% in a 24-hour period. That wasn’t all either, however, as its trading volume also […]
for running Ethereum Virtual Machine -compatible smart contracts on the network. It will allow developers to port any existing EVM-based smart contracts straight onto the FVM.
While FVM won’t directly interact with the data stored on the network, it can orchestrate where and how data gets stored, edited, and maintained, giving a fillip to the storage capability of the Filecoin platform. Binance has had its say about the upgrade slated for 14 March too. It will suspend all deposits and withdrawals of FIL 45 mins before the upgrade starts and recommence once the network is deemed to be stable.
In fact, Binance has assured that normal trading activity of FIL won’t be affected during the upgrade.According to Token Terminal, Filecoin’s development activity dropped steadily after hitting a three-month high on 16 February. Ergo, the project’s community should be wary of this trajectory. However, thanks to an increase in trading volume, the total transaction fees paid by users surged to a two-month high. This was accompanied by a weekly growth rate of 37%.At the same time, the number of social mentions and engagements for FIL rose sharply too, as per LunarCrush.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
22-year-old man charged in downtown Antigonish stabbing Sunday morning | SaltWireA 22-year-old man has been charged with aggravated assault after a stabbing Sunday morning in downtown Antigonish. At about 3 a.m. Sunday morning, ...
Read more »
Nature group wants Canada to strengthen reviews of genetically engineered animalsCalls for stronger GMO rules come as Ottawa in the midst of updating the Canadian Environmental Protection Act for the first time in 22 years
Read more »
Bitcoin surges into a former support zone, should you expect a breakoutDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The bearish BTC daily structure remained unbroken but the lower timeframes showed strong bullishness A strong rejection could fuel selling pressure but consolidation beneath $22.6k would likely point toward further gains The volatility returned […]
Read more »
Stephen Curry and Golden State Warriors beat Milwaukee Bucks in overtime | TSNStephen Curry scored 36 points with 22 of those in the fourth quarter and overtime, shining in his first home game back from a long injury absence and leading the Golden State Warriors past the NBA-best Milwaukee Bucks 125-116 on Saturday night.
Read more »