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Latest crypto news on IOTA, Filecoin and CRO

source-logo  en.cryptonomist.ch 25 May 2023 09:44, UTC

In this article we delve into the latest news and price updates of three major crypto assets: IOTA (MIOTA), Filecoin (FIL), and Cronos (CRO).

These coins have gained significant attention for their unique features and potential to disrupt several industries.

Join us to discover the latest developments and explore the price evolution of these digital assets, offering valuable insights into their current position in the cryptocurrency market.

Summary

Crypto market prices and statistics of IOTA (MIOTA), Filecoin (FIL) and Cronos (CRO)

Let’s start with the first cryptocurrency IOTA, which has made gains in the last week, increasing its value by 1.53% and bringing its price to $0.19.

With a capitalization of $519 million and an average volume of $11.4 million in the last 24 hours. The cryptocurrency has a circulating supply of 2.8 billion MIOTA tokens.

Although it is not having a bad time, the IOTA crypto is far from its all-time high of $5.69.

Shifting our analysis to the Filecoin project, although the cryptocurrency has performed very negatively over the past 30 days, in the last week it seems to have recovered by losing only 2.93% of its value. As of today, the price of the FIL token is $4.46.

In terms of market statistics, Filecoin has a market capitalization of $1.9 billion and a trading volume of $128.1 million in the past 24 hours.

The circulating supply is 426.5 million FIL tokens, with an average holding time of 19 days. The cryptocurrency is still very popular; in fact, it ranks number 21 in popularity.

Let’s now look at the crypto Cronos (CRO), which has lost 6.7% in the last week but seems to be in a recovery phase in recent days. Today’s price of the Cronos (CRO) cryptocurrency is $0.0596.

In terms of market statistics, the market capitalization of the CRO token is $1.5 billion, with a trading volume in the last 24 hours of $7.2 million.

We find 25.26 billion CRO tokens in circulation.

Let’s move forward by analyzing the latest news involving (positively and negatively) the mentioned crypto assets.

IOTA emerges as the winner of the competition on cutting-edge digital technologies, shaping the future of IoT in a billion-dollar market

In a fast-paced world driven by digital innovations, emerging technologies are key to transforming industries and revolutionizing the way we live and work.

In this landscape, IOTA, the innovative DLT-based platform, has emerged as the winner of a prestigious digital technology competition, positioning itself as a pioneer in the Internet of Things (IoT) industry and shaping the future of a billion-dollar market with its superior technology.

The recognition of IOTA technology as a winner in the DLT sector is no surprise, given the platform’s innovative approach and the potential it holds to solve critical challenges in the IoT sector.

The competition, known for its esteemed reputation and ability to identify the most promising technologies, solidifies IOTA’s position as an industry leader.

One of the key factors that sets IOTA apart is its unique architecture, which differs significantly from traditional blockchain platforms.

IOTA’s revolutionary technology: an advantage over Filecoin and CRO crypto assets?

IOTA uses a revolutionary technology called “Tangle,” a directed acyclic graph (DAG) structure that eliminates the need for miners, making it highly scalable and sensation-free.

This innovation enables secure and efficient microtransactions between connected devices in the IoT ecosystem, opening up new possibilities for seamless communication between machines.

The EU Digital Product Passport (DPP) initiative has also recognized the potential of IOTA technology and has been actively engaged in drafting specifications for its integration.

The DPP initiative aims to establish a standardized framework for digital product passports, providing consumers with transparency and confidence in the products they buy.

By leveraging IOTA’s technology, the DPP initiative can ensure immutable and tamper-proof records of product information, facilitating supply chain traceability and increasing consumer confidence.

The benefits of IOTA technology go beyond its technical capabilities. The platform’s unique features, such as its lightweight design, energy efficiency and ability to conduct offline transactions, make it an ideal solution for the IoT ecosystem.

As billions of devices become increasingly interconnected, the need for a secure and scalable infrastructure becomes paramount. IOTA technology addresses these challenges, driving the growth and widespread adoption of IoT applications across all sectors.

With its recent win in the digital technologies competition and collaboration with the EU’s DPP initiative, IOTA has emerged as a formidable player in the rapidly evolving IoT market.

As a result, the platform has garnered significant attention from industry leaders, investors, and technology enthusiasts around the world. The accolades and awards are a testament to IOTA’s vision, its commitment to innovation, and its ability to create disruptive solutions that redefine the boundaries of technology.

Looking forward, IOTA’s focus remains on further improving its technology, expanding its ecosystem, and fostering collaborations with industry partners.

The platform’s success in the competition has propelled it to the forefront of the IoT revolution, where it has the potential to reshape industries, drive economic growth and improve the lives of people around the world.

Filecoin and SETI united in groundbreaking project: a sign in space decodes extraterrestrial messages

Filecoin, the decentralized storage network, recently made a revolutionary announcement that has sparked great excitement in the scientific community and the cryptocurrency world.

In collaboration with artist and researcher Daniela de Paulis and a team of experts from the Search for Extraterrestrial Intelligence (SETI) Institute, Filecoin is embarking on an extraordinary project known as “A Sign in Space.”

This project aims to decode extraterrestrial messages and potentially make breakthrough discoveries about life beyond Earth.

The project combines Filecoin’s robust blockchain-based storage platform with the expertise of SETI researchers, who have long been searching for signs of intelligent life in the universe.

Leveraging Filecoin’s huge storage capacity and distributed architecture, the project aims to collect and analyze large amounts of data, including radio signals and other interstellar communications.

Daniela de Paulis, known for her pioneering work in the field of art and SETI, will lead the art aspect of the project. She has previously worked with SETI researchers to send and receive messages to and from the Moon using a technique called “lunar visual bouncing.”

Her involvement in “A Sign in Space” brings a unique artistic perspective to the exploration of extraterrestrial communication.

The collaboration between Filecoin and SETI holds great promise for the scientific community and humanity as a whole.

The potential discovery of extraterrestrial messages or signs of intelligent life would undoubtedly revolutionize our understanding of the universe and our place in it.

The project aims to unite the efforts of researchers, scientists and technology enthusiasts from around the world, promoting a collective quest for knowledge and discovery.

Upon the announcement of the “A Sign in Space” project, the price of Filecoin soared about 1.59%. This increase in value indicates that the market has recognized the importance and potential impact of this collaboration.

Investors and cryptocurrency enthusiasts see the partnership between Filecoin and SETI as an exciting development that could potentially unlock new opportunities and drive innovation in the blockchain and space exploration sectors.

The Filecoin network is a perfect fit for the project

With its decentralized and secure storage infrastructure, the Filecoin network is well suited to store and process the large amounts of data that will be collected during the project.

By using Filecoin’s distributed network of miners, the project ensures data redundancy and security, preventing the loss of valuable information and preserving the integrity of the research.

Collaboration with SETI researchers brings great expertise and experience in the search for extraterrestrial intelligence.

For decades, SETI has been at the forefront of exploring the possibility of communication with intelligent civilizations beyond Earth.

By joining forces with Filecoin, SETI has access to a state-of-the-art storage and processing platform capable of handling the immense volumes of data collected from various sources.

“A Sign in Space” represents a major step forward in the search for an answer to one of humanity’s deepest questions: are we alone in the universe?

The combined power of Filecoin’s storage network and SETI’s research capabilities has the potential to decode complex interstellar messages, paving the way for a new era of scientific discovery.

As the project progresses, it will likely attract the attention of scientists, researchers and space enthusiasts around the world.

The collaboration between Filecoin and SETI demonstrates the value of interdisciplinary approaches to solving grand challenges.

By combining the strengths of blockchain technology, decentralized storage, and scientific exploration, the project brings together the best of both worlds, promoting innovation and pushing the boundaries of human knowledge.

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