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FIL Jumps 14% as Traders Await Filecoin Virtual Machine Upgrade
The token was recently trading at $7.22 ahead of an upgrade that will introduce several new features to the Filecoin network.
Updated May 9, 2023, 4:10 a.m. Published Mar 14, 2023, 5:14 p.m.
Filecoin's token (FIL) rallied on Tuesday ahead of the community's plans to carry out its long-awaited Filecoin Virtual Machine (FVM) upgrade later Tuesday.
The token was up 14% over the past 24 hours to $7.22, according to CoinMarketCap data. The network upgrade will allow smart contracts to run on the protocol and let developers create decentralized applications there. It will also introduce tokenized datasets, replication workers and trustless privacy-preserving reputation systems to the network.
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The project has already attracted support from several prominent players in the crypto industry.
On Monday, Binance, the world's largest crypto exchange, said it would “handle all technical requirements involved for all users holding FIL” in their accounts to support the upgrade. OKX Wallet also expressed support for the network by announcing on Tuesday it would serve as one of the first multi-chain wallets to integrate the Filecoin EVM upgrade, allowing users to view and trade Filecoin EVM tokens in the OKX Mobile App and OKX Wallet Web Extension.
Filecoin’s FVM upgrade was first announced last month. Since then, its token’s value has shot up roughly 45%.
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French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
Bilinmesi gerekenler:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
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