Filecoin will change its block reward system starting October 19, 2026, with the nv29 upgrade. The consensus share of block rewards paid to storage providers will decrease from 95% to a minimum of 50% over about 2.25 years. A new service share, initially 5%, will reward participants who drive paid storage demand, increasing if on-chain payment targets are met. Unused service shares will be burned, reducing token supply if paid usage is low. This replaces the problematic Filecoin Plus system, aiming to better align rewards with actual paid storage activity and improve network health transparency. Key dates include October 15, 2026, when initial token vesting ends, and October 19, 2026, for the reward system update.
Filecoin's upcoming block reward changes provide context for cryptocurrency market trends. For readers following crypto, here is Pluang's market snapshot as of Oct 16, 2026 21:01 WIB: 46 of 50 major cryptocurrencies rose today. Polkadot (DOT) gained 11.39% with 93% buy orders and a typical hold time of 121 days. Balancer (BAL) rose 11.14%, held typically for 85 days. SushiSwap (SUSHI) increased 9.40% but saw 89% sell orders, with a 102-day hold time.
Pepeto, a new cryptocurrency on the Ethereum network, has quickly raised over $11.23 million in its presale, with each funding stage closing faster than the last. This momentum comes as Ethereum is predicted to reach $10,000 by the end of 2026, drive...
BlackRock, Inc. disclosed that its voting rights in pharmaceutical company Fagron NV fell below the 3% reporting threshold due to the transfer of voting securities, despite acquiring financial instruments equivalent to voting rights. As of October 12...
Opus Genetics announced FDA approval of phentolamine ophthalmic solution 0.75% for treating presbyopia, an age-related condition affecting near vision in adults. This approval, based on successful Phase 3 trials, provides a non-invasive option that i...
K2 Vision has completed over 5,000 procedures using the Light Adjustable Lens (LAL), making it the highest-volume practice worldwide for this technology. The LAL is unique because it can be adjusted after implantation to fine-tune vision based on the...
BlackRock, Inc. disclosed that its shareholding in Fagron NV dropped below the 3% threshold to 2.96% after selling some voting securities, despite acquiring equivalent financial instruments. As of October 12, 2026, BlackRock holds 2,015,779 voting ri...
