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news-imageApril 9, 2024

Chinese Police Investigate STFIL Protocol, FIL Token Mysteriously Moved

Authorities in China have initiated an investigation into the core technical team responsible for managing the STFIL Protocol, a prominent decentralized finance (DeFi) protocol operating on the Filecoin network. According to reports, members of the STFIL team are currently under detention, prompting the engagement of legal assistance to navigate the unfolding situation.
Publisher: Coingape
Sentiment: Negative
FIL

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Filecoin Poised for 145% Growth: Two Key Factors Driving FIL's Potential

Filecoin (FIL) has gained attention for its impressive resilience and technical strength, positioning itself for major growth in the near future. With support levels holding firm for nearly two years and a rising demand for decentralized data storage solutions, analysts are forecasting significant upside potential for the token.

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Filecoin introduces FIL-Builders to catalyse ecosystem growth

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.

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