Decentralized storage networks are getting increasingly popular over mainstream centralized ones such as AWS, Google and Microsoft. The primary reason for the shift is low cost of operations and security. Some of the notable decentralized storage platforms are Filecoin, Siacoin, Bititorent, and Storj. Among these platforms, Storj has developed a new scalable solution called Storj NEXT, promising more scalable decentralized solutions for Web2 and Web3 firms alike. With a focus on community building, the latest upgrade introduces a new economic model that provides for broader participation in the Storj ecosystem. Storj is a decentralized system of distributed object storing, which …

Bitcoin’s (BTC) recent surge above $40,000 injected a healthy dose of bullish optimism into the crypto market, and further proof of this comes from the Crypto Fear & Greed Index, which has decreased from "extreme" to "neutral." Data from Cointelegraph Markets Pro and TradingView shows that the top movers over the past 24 hours are Linear (LINA), WazirX (WRX) and Storj (STORJ). The overall market conditions continue to improve following the now-denied rumors that Amazon would begin accepting cryptocurrencies as payment at some point in 2021 which helped to spark an increase of more than $155 billion in the total …

It’s been another great week for altcoins as the total market capitalization of all cryptocurrencies moves within spitting distance of the $2 trillion mark. And it’s been equally positive for the Cointelegraph Markets Pro platform, which tracks crypto market conditions and real-time headline news in the blockchain industry to deliver market intelligence for every investor. Markets Pro offers two unique features: the VORTECS™ Score, an algorithmically derived weighted score that compares current market conditions to historically similar marketscapes, and NewsQuakes™ — the industry’s most rapid aggregator of market-moving news, analyzed and collated from over a thousand primary sources every minute. …

On March 23 the Coinbase listing 'bump’ reemerged as the exchange announced that it would list Ankr (ANKR), Curve DAO Token (CRV), and Storj (STORJ) on Coinbase Pro. A blog post from the top U.S.-based cryptocurrency exchange stated that inbound transfers for ANKR, CRV and STORJ are available beginning March 23 with trading set to “begin on or after 9 AM Pacific Time (PT) Thursday, March 25, if liquidity conditions are met.” While there has been previous debate as to whether or not a Coinbase listing could still affect price movement in a positive way, today's announcement resulted in double-digit …

Decentralized storage network, Storj, has launched a program providing free storage to organizations participating in COVID-19 research. The program follows widespread contributions from the crypto community toward the distributed scientific research platform, Folding@Home. Organization researching COVID-19 qualify for 2TB in storage On April 22, Blockchain-based cloud network, Storj, announced a program offering free online storage to organizations engaged in research contributing to the global fight against the coronavirus pandemic. Storj’s storage program will provide qualifying organizations with one terabyte of free cloud storage. Qualifying entities will also receive a monthly bandwidth of one terabyte of storage on its Tardigrade decentralized …

Earlier this week, a story published by Chinese state-run media outlet Xinhua featured some pro-Bitcoin comments that referred to the flagship digital currency as being the world’s “first successful application of blockchain technology.” This latest endorsement comes against the backdrop of China’s stringent anti-crypto stance, wherein the country’s lawmakers implemented a blanket ban on its local cryptocurrency exchanges as well as initial coin offerings back in 2017. The aforementioned Xinhua article takes a balanced approach toward crypto tech, outlining the history of Bitcoin’s development and its overall evolution. It starts off by asking readers the question “Does BTC present the …

Decentralized file hosting protocol Filecoin announced in a post published on its blog on Sept. 24, that its alphanet will be launched tomorrow, testnet on Dec. 11 and mainnet in Q1 2020. “These windows are best estimates” However, the Filecoin team acknowledges that “these windows are best estimates, and could potentially slide.” Per the announcement, this year the project’s team open-sourced the Filecoin implementation written in Go, launched the first public development networks and put multiple implementations of the protocol in development. The current focus of the team is reportedly refining the protocol design, finalizing cryptographic proof construction, launching long-running …