[Official] Filecoin News 110: Storacha Migration Tool: Break Free from S3, Scale Data Storage Migration to Filecoin
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Latest Data:
May 23, 2025 FIL Data: Computing power rebounded to 22.331EiB, physical space (actual storage) at 3.61EiB, slightly decreased; total circulation exceeds 727 million, with an average daily increase of 358,000; total staked at 128 million, with an average daily decrease of 90,000; total released 896.47 million; total destroyed 40.515 million; address count exceeds 3.6 million.
Medium Address - Use Ladder 🪜:
https://tinyurl.com/yrznxemh
✨ Highlights ✨
🚀 Avalanche x Filecoin Data Bridge Unlocks Cross-Chain Value
Filecoin Foundation and Ava Labs established a native cross-chain data bridge between Avalanche C chain and Filecoin through the Filecoin Virtual Machine (FVM). This powerful integration combines Avalanche's high-speed execution capabilities with Filecoin's verifiable storage layer, creating modular enterprise-grade infrastructure.
This prototype was built by FIL-B and FilOz, allowing data generated on Avalanche to be offloaded to Filecoin, using CID-based proofs to verify integrity and on-chain access. This is an easy-to-build solution suitable for scalable, trustless, and performance-agnostic storage.
Why It Matters:
Verifiable and Composable: Offload data without leaving Avalanche, providing cryptographic proofs via Filecoin.
Compliance-grade retention: Storing KYC records, logs, etc. - No L1 bloat required.
Optimized for cost and scale: Reducing storage costs while unlocking new demands for Filecoin providers.
🌎 Community Update 🌎
🔥 Storacha Migration Tool: Break Free from S3
Storacha just released a TypeScript-based tool that allows you to migrate files and directories from AWS S3 to decentralized storage without downloading. With real-time progress tracking, batch processing, and verifiable CIDs, it ensures your data infrastructure is future-proof in a fast and developer-friendly manner. It is designed for performance, privacy, and control.
🛠️ Protocol Labs launched PL Genesis: Modular Worlds Hackathon
Protocol Labs introduced PL Genesis: Modular Worlds, a global hackathon aimed at reshaping the internet's foundational layer. The competition features a $200,000 prize pool, guidance from ecosystem leaders, and the opportunity to join the Founders Forge accelerator, inviting participants to collaboratively build future prototypes.
We invite developers worldwide to collaboratively build resilient infrastructure, explore novel cryptoeconomic primitives, and apply AI to verifiable truths. Partners include Near Protocol, WeatherXM, Filecoin Foundation, Checker Network, and more. Join the hackathon to shape a new era of human collaboration.
🎉 Akave's First Anniversary: A Year of Building Data Infrastructure for the Future
Akave — a unified data layer providing encryption and Filecoin integration for enterprises, DePIN, and AI — has raised $3.45 million in just one year, launched the Yucca testnet, and achieved the first decentralized storage integration with Snowflake. Akave has over 29,000 registered users, more than 55 projects onboarded, and paying clients like Intuizi and Heurist, driving a new wave of data innovation. Happy birthday, Akave!
🎉 Events 🎉
🐶 ETHPrague's Meme-a-thon: Code, Corgis, and Comedy
Join Filecoin Code N Corgi on Friday, May 30, for a unique Meme-a-thon, just steps away from the ETHGlobal Prague venue! This fun gathering will bring together builders, developers, and meme enthusiasts from Filecoin to celebrate the ecosystem in a humorous way — with developer jokes, educational comics, and community insider references. Expect lightning talks, plush corgis (yes, the Prague edition 🧸), and the hottest Filecoin meme showcase, with prizes waiting for you. Food, drinks, and a joyful atmosphere included.
📡 FIL Dev Summit 6 Virtual Kickoff: Recap and Recording
The sixth FIL Developer Summit (FDS-6) online kickoff laid the groundwork for a pivotal year for the Filecoin ecosystem. This five-day online series, hosted by FilOz and the Filecoin Foundation, delved into topics such as network development, storage applications, technological innovation, and community governance, with an in-person event scheduled for May 12-13 in Toronto.
This week's highlights include:
Day 1: Filecoin State of the Nation — Understanding market changes, network metrics, proof of data ownership, and Filecoin's role in AI and Web3 infrastructure.
Day 2: Storage Adoption — Customer onboarding, ecosystem coordination, and winning strategies for enterprise readiness.
Day 3: Onchain Tech Stack — PDP, FWS, stablecoin payments, and composable storage services powering the smart data economy.
Day 4: Tools and Builders — UX advancements, hackathon, and development support programs such as F3 API and FIL Frame.
Day 5: Value Accumulation and Funding — Focus on real use cases, token utility, and stable value flow such as USDFC and RAMO.
Day 6: Governance and Community — New voting tools, improved onboarding pathways, and calls for broader participation in Filecoin governance. #fil $fil #Filecoin n filecoin #ipfs ipfs fil depin ai #depin #ai
