filecoin

Upbit announced that due to the Filecoin (FIL) network upgrade, the deposit and withdrawal services for FIL will be suspended starting from May 27, 2026, at 18:00 (KST), until the network stability is confirmed and restored.The announcement indicates that the suspension only involves the on-chain deposit and withdrawal functions of FIL, and trading services will not be affected and can proceed normally.Upbit stated that during the upgrade period, deposits of the relevant assets may not be credited properly or may experience delays. Some transactions may still occur at the network level, but the platform will confirm and process the credits uniformly after the maintenance is completed.In addition, functions such as withdrawal address registration and deposit refunds will also be temporarily suspended, and the recovery time will be notified through subsequent announcements.

According to SoSoValue data, the cryptocurrency market sector has declined for two consecutive days, with the DePIN sector leading the drop at 4.22% over the past 24 hours. Within this sector, Filecoin (FIL) fell by 8.55%, and Golem (GLM) dropped by 10.07%. Additionally, Bitcoin (BTC) decreased by 0.74%, falling to just above $95,000, while Ethereum (ETH) remained relatively stable, down 0.21%, still hovering around $3,300.In other sectors, the CeFi sector declined by 0.37% over the past 24 hours, but NEXO (NEXO) rose by 1.13%; the Layer1 sector fell by 1.32%, with TRON (TRX) surging 2.30% during the day; the PayFi sector decreased by 2.11%, while Dash (DASH) rose against the trend by 3.50%; the Layer2 sector dropped by 2.52%, with Mantle (MNT) increasing by 0.99%; the DeFi sector fell by 2.59%, but River (RIVER) still surged by 8.12%; the Meme sector decreased by 2.93%, while MemeCore (M) rose by 1.65%.The cryptocurrency sector indices reflecting historical market trends show that the ssiGameFi, ssiDePIN, and ssiSocialFi indices fell by 4.53%, 4.26%, and 3.20%, respectively.

Filecoin officially releases Filecoin Onchain Cloud (FOC), expanding from "decentralized storage network" to the stage of "verifiable, programmable, composable decentralized cloud infrastructure," laying the foundation for the next generation of cloud infrastructure aimed at AI, autonomous agents, data economy, and Web3 applications.In response to the recent large-scale outage of Cloudflare that affected multiple internet services, FOC will effectively avoid such issues through five core modules: verifiable storage (Warm Storage Service + PDP), programmable settlement (Filecoin Pay), decentralized persistence (Filecoin Pin), verifiable retrieval (Filecoin Beam), and unified developer API (Synapse SDK). As one of the most significant releases in the Filecoin ecosystem to date, FOC is seen as a key milestone in Filecoin's transition from "decentralized storage" to "on-chain cloud infrastructure." This change means that builders will be able to truly achieve ownable, verifiable, and programmable cloud services and execution forms on-chain.

Filecoin Foundation, FilOz, and contributors to the Filecoin ecosystem have announced the launch of Filecoin Onchain Cloud, a decentralized cloud platform designed to bring verifiable storage, retrieval, and payment capabilities fully on-chain.Filecoin Onchain Cloud transforms core cloud functionalities into programmable, verifiable services. This means that developers can now run actual workloads in an open, verifiable cloud environment for the first time, where data, logic, and payments coexist on-chain. The platform is built on Filecoin's vast decentralized storage network, providing on-chain guarantees. Every interaction is auditable, every payment is conditional, and every service is composable. Developers can now build applications that run directly on the infrastructure, which can prove the location of data, how it is accessed, and when payments are made. The same guarantees used to secure smart contracts now also apply to the data they utilize.

According to the Filecoin Q3 status report released by Messari, the network utilization of Filecoin rose to 36% in the third quarter, total capacity decreased to 3.0 EiB, and network fees increased by 14% month-on-month to approximately $793,000, of which penalties accounted for about 99.5%. The v27 "Golden Week" upgrade removed the old sector method, with base and batch fees nearly zero. Active storage slightly decreased by 1% to 1,110 PiB, and the daily average new transaction volume dropped by 19%. The number of live datasets increased to 2,491, of which 925 exceeded 1,000 TiB. FVM token activity remained stable in FIL; DeFi TVL decreased by 8.4% to approximately $27 million; and USDFC circulation dropped by 8.5% to about $275,000. The Filecoin Foundation and GSR Foundation are promoting collaboration in cultural and scientific data storage.In addition, according to the official Filecoin announcement, Filecoin Onchain Cloud will officially launch at 0:00 Beijing time on November 19, with a live broadcast on YouTube. The platform aims to build a decentralized, developer-owned cloud infrastructure, covering modules such as storage, computing, retrieval, and access control, serving the new era of data, AI, and applications.

According to official news, the decentralized data storage protocol Filecoin hints at transforming from a storage network to on-chain cloud services.The official page is now live, and the waitlist application is open.

According to GMGN monitoring, the market capitalization of Jelly-My-Jelly (JELLY) has dropped to $87.5 million, down from a peak of $500 million, a decline of 87.6% from its high within two days, with the current price at $0.087. Additionally, several cryptocurrencies have seen significant surges in the past 24 hours, with the following performances: DeAgentAI (AIA): a peak increase of over 800% in 24 hours, with a market cap briefly exceeding $3 billion, currently the increase has retreated to 680%, with a current price of approximately $13.68; BLESS: a peak increase of 131.6% in 24 hours, currently the increase has retreated to 56%, with a market cap reported at $17.75 million, with a current price of approximately $0.061; Filecoin (FIL): a peak increase of over 80% in 24 hours, currently the increase has retreated to 57%, with a market cap reported at $31.97 million, with a current price of approximately $2.13.ChainCatcher reports, reminding investors that the cryptocurrency market has seen significant volatility recently, and investors should pay attention to risk control.

ChainCatcher news, according to official reports from Filecoin, Lighthouse has announced its official operation on the Base chain, achieving cross-chain integration with Filecoin through the Axelar network, providing users with decentralized storage services. Users can seamlessly access Filecoin storage using USDC and USDT.

ChainCatcher news, according to the official announcement, Binance is expected to suspend the token deposit and withdrawal services for Filecoin (FIL) network on April 14, 2025, at 18:00 (UTC+8) to support its network upgrade.

According to ChainCatcher news, the Binance exchange announced that it will suspend token deposits and withdrawals on the Filecoin (FIL) network on April 10, 2025, at 22:00 (UTC) to support its network upgrade. This upgrade is expected to take place at 23:00 (UTC) on the same day. Trading of FIL tokens will not be affected during the upgrade, and Binance will handle all technical requirements for users. Once the network upgrade is completed and stable, the deposit and withdrawal functions will be automatically restored without further notice.

ChainCatcher message, Binance is expected to suspend the token deposit and withdrawal services for Filecoin (FIL) network on April 11, 2025, at 06:00 (UTC+8) to support its network upgrade. The project team is expected to carry out the network upgrade on April 11, 2025, at 07:00 (UTC+8).

ChainCatcher news, according to The Block, the Filecoin ecosystem liquidity staking protocol Glif has announced the launch of its governance token GLF, and is distributing 94 million tokens through an airdrop, accounting for 9.4% of the total supply.Glif had previously planned to airdrop 100 million GLIF to eligible users, accounting for 10% of the total supply, but adjusted the number based on participation, with the remaining tokens to be returned to the community reward pool for distribution later. Glif also announced plans to establish the GLIF Foundation, a non-owner entity that will represent the GLIF DAO and be managed by GLIF holders.

According to ChainCatcher news and the official announcement, Binance is expected to suspend the token deposit and withdrawal services for Filecoin (FIL) at 06:00 on November 21, 2024, UTC+8, to support its network upgrade.The project team will conduct the network upgrade at block height 4,461,240 (expected at 07:00 on November 21, 2024, UTC+8).

ChainCatcher news, the decentralized data storage project Akave has completed a $3.45 million funding round, with participation from Protocol Labs, Blockchange VC, Lightshift, and Blockchain Builders Fund. This funding will be used to accelerate Akave's development in on-chain data management.Akave has launched the Yucca testnet, open to early testers, for exploring on-chain data storage and programmability. As a hot storage Layer 2 solution for Filecoin, Akave provides tools for enterprises, AI companies, and DePIN developers to move beyond traditional cloud storage, build on-chain data lakes, and promote the development of data ownership and new data monetization models.In addition, the Filecoin L2 project Storacha has also announced the launch of its Alpha version network for the Filecoin ecosystem, focusing on high-performance hot storage, primarily targeting high-demand application scenarios such as gaming, AI, and DePIN. Storacha was founded by core developers of IPFS and Filecoin, dedicated to providing a distributed storage experience comparable to traditional S3.

ChainCatcher news, Filecoin indicates that the v24 Tuk Tuk upgrade is coming soon, reducing the transaction finality time from 7.5 hours to a few seconds. Faster block confirmations will provide real-time performance for decentralized applications and the speed needed for developers to create scalable applications.