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As a precaution, Conflux has suspended Multichain's co-mint privilege in the face of the unavailability of some cross-chain routes to secure customer assets.
Tenet will collaborate with Conflux and Qtum, two blockchains with a strong presence in China, to strengthen the liquid staking industry's foothold in the country's marketplaces.
Mahe, Seychelles, May 24th, 2023, Chainwire Tenet, a layer-1 ecosystem for creating yield and utility for liquid staking derivatives (LSD), is expanding its presence on the Cmarket through two key partnerships with QTUM, a Proof of Stake network combining the benefits of Ethereum and Bitcoin, and Conflux, a layer-1 network operating on a hybrid Proof
The partnerships are aimed at increasing the liquid staking industry's presence in Chinese markets.
Hong Kong is set to introduce new regulations that will enable retail investors to participate in cryptocurrency trading, with licenses for virtual-asset platforms being issued starting from June 1. The move aims to restore Hong Kong's status as a leading financial center.
CFX tokens initially spiked in price after Hong Kong's decision on retail investors, which some say could lure capital from Chinese investors.
A partnership of Conflux Network with Biconomy explores a borderless economy. Biconomy is excited about its several Web3 projects collaboration.
Aside from CFX, KAVA and Render Token are the other double-digit gainers within the past 24 hours.
The market today sees Conflux (CFX), Kava (KAVA), Render Token (RNDR), NEO, Immutable X (IMX), and Synthetix (SNX) steering through the tumultuous tides as the top gainers, while Leo Token (LEO), Injective Protocol (INJ), Rocket Pool (RPL), Pax Gold (PAXG), USD Digital (USDD), and Frax Share (FXS) are charting through choppy waters as they face market declines.
Conflux (CFX), the token powering Conflux's high throughput, Tree-Graph powered layer-1 blockchain, experienced a rollercoaster ride in a whirlwind of price fluctuations. Last week, it tumbled to a low of $0.20 per token, leaving observers on edge.
The cryptocurrencies under review are the best performing cryptocurrencies.
In today's crypto market analysis, we spotlight the tokens making significant strides and those navigating through challenging waters. Today's victors include SingularityNET (AGIX), Kava (KAVA), Injective Protocol (INJ), XinFin Network (XDC), and Blockstack (STX).
In a landscape as vibrant and volatile as the crypto market, today's top performers comprise of Mask Network (MASK), Render Token (RNDR), Ripple (XRP), Injective Protocol (INJ), Conflux (CFX), and Nexo (NEXO). On the flip side, we see a few heavyweights and a couple of upstarts grappling with the market's downward pull, including Lido (LDO), Axie Infinity (AXS), Optimism (OP), Sui (SUI), Arbitrum (ARB), Immutable X (IMX), and Chainlink (LINK).
Today's cryptocurrency market features Render Token (RNDR), Synthetix (SNX), Mask Network (MASK), Axie Infinity (AXS), Optimism (OP), and Lido DAO Token (LDO) as the top gainers. On the contrary, Pepecoin (PEPE), Conflux (CFX), Casper (CSPR), Ripple (XRP), Decentraland (MANA), and Toncoin (TON) are on the losing end.
In the constantly shifting landscape of the cryptocurrency market, Decentraland (MANA), Render Token (RNDR), Optimism (OP), Ripple (XRP), The Sandbox (SAND), and Conflux (CFX) have outperformed others and emerged as today's top gainers. On the other hand, Kava.io (KAVA), XinFin (XDC), Bitcoin SV (BSV), Flare (FLR), and Rocket Pool (RPL) have seen the other side of the market and faced losses.
The price of CFX, the native token of China's Conflux blockchain, jumped 10% in crypto-market trading today. The token was one of the discoveries of this year's mini bull rally.
In the ever-volatile cryptocurrency market, Lido (LDO), The Graph (GRT), Frax Share (FXS), Injective Protocol (INJ), Conflux (CFX), and Litecoin (LTC) have emerged as today's top gainers. Conversely, Rocket Pool (RPL), XinFin (XDC), Klaytn (KLAY), SUI.IO (SUI), Bitcoin Cash (BCH), and Elrond (EGLD) have experienced losses.
The Conflux tokens of the last batch of early investors were unlocked in April 2023, and more than 75% are paper hands and wash transactions.
Today's cryptocurrency market showcases SUI, Conflux (CFX), Toncoin (TON), Rocket Pool (RPL), and Kava (KAVA) as the top gainers, while PEPEcoin (PEPE), Klaytn (KLAY), Nexo (NEXO), eCash (ECASH), Maker (MKR), and Tron (TRX) have faced losses.
The world's largest crypto exchange Binance on Thursday said it has successfully completed the Conflux Network (CFX) mainnet integration. The exchange announced Conflux Network (CFX) listing in March 2021, but only accepted deposits and withdrawals for BEP20 CFX tokens.
Today's cryptocurrency market showcases Lido (LDO), Kava (KAVA), Bitcoin SV (BSV), Flare (FLR), Huobi Token (HT), and OKB (OKB) as the top gainers, while PepeCash (PEPE), Woo Network (WOO), Floki Inu (FLOKI), Conflux (CFX), Injective Protocol (INJ), Render Token (RNDR), and Dash (DASH) have faced losses.
Today's crypto market highlights Nexo (NEXO), Flare (FLR), Pax Dollar (USDP), PAX Gold (PAXG), Dai (DAI), and Tether (USDT) as the top gainers, while Floki Inu (FLOKI), PepeCash (PEPE), PancakeSwap (CAKE), Huobi Token (HT), Luna Classic (LUNC), Conflux (CFX), and Woo Network (WOO) have experienced losses.
Today's cryptocurrency market showcases Floki Inu (FLOKI), PepeCash (PEPE), Woo Network (WOO), SUI (SUI), BitToken (BIT), and Uniswap (UNI) as the top gainers, while Casper (CSPR), Optimism (OP), Stacks (STX), PancakeSwap (CAKE), Conflux (CFX), and Internet Computer (ICP) have faced losses.
Conflux (CFX), one of the most versatile Layer 1 blockchain protocols tagged as a major competitor to Polygon, is seeing an impressive growth leap today after soaring 10% to $0.3333. Known as a digital currency with versatile price action, the cryptocurrency is now at 3.53% growth over the past 24 hours.
