Filecoin officially launched its on-chain cloud services on March 27, providing developers with programmable storage and payments, supporting dual-replica redundancy and data verification. Storage costs are $250,000 per TiB per month. It is expected to roll out an enhanced version of the SLA to support AI development; more than 100 teams in multiple fields are already using the service.

DeFi lending protocol Compound Finance recently experienced a security incident, with users reporting that its official website was redirected to a phishing page. Attackers used domain spoofing to carry out the attack. Although no funds were lost, this is the second similar incident Compound has faced in the past two years. Security experts stated that the automation of phishing tools increases the risk of attacks. The ongoing issues facing Compound are undermining market confidence, and front-end security and governance transparency are becoming key factors for its long-term development.

Decentralized cloud storage solution provider Akave has completed a $6.65 million seed round of funding, with investments from several well-known institutions. The new funds will be used to expand sales and marketing efforts to support data-intensive AI and analytics workloads.

Decentralized enterprise cloud infrastructure company Akave completed a $6.65 million funding round on March 2, with participation from multiple investment institutions. Its launched product, Akave Cloud, is built on the Avalanche L1 blockchain and aims to provide decentralized S3-compatible storage for AI applications, supporting on-chain verifiability and programmable access control, all without data egress fees.

Gate News Bot message, February 26th, According to CoinMarketCap data, at the time of press, FIL (Filecoin) is trading at $1.02, up 13.07% in the past 24 hours, with a high of $1.10 and a low of $0.87. The current market capitalization is approximately $772 million, an increase of about $89.29 million compared to yesterday. Filecoin is a decentralized storage network designed to store humanity's most important information. As an open-source cloud storage marketplace, protocol, and incentive layer, Filecoin allows users to store and retrieve data while providing economic incentives for storage providers. The network supports deploying smart contracts on the Filecoin Virtual Machine, enabling developers to build applications on decentralized storage infrastructure. #### Important recent news about FIL:

BlockBeats News, February 24 — Crypto analyst Ted Pillows posted on social media that "Filecoin generated only $4 in revenue yesterday, while its fully diluted valuation (FDV) is as high as $1.716 billion. The FIL token has fallen 99.8% from its all-time high, which means that if you had invested $10,000 at that time, you would now have only about $20."

Gate Contract Points Issue 71 USDT Airdrop Event has started. Users can receive different rewards based on the points they hold. Holding ≥40 points grants a 100 USDT experience voucher, and holding ≥140 points grants a 25 USDT voucher. The Issue 72 airdrop will begin on January 27.