![Blockchain-based mobile SIM card goes live in China](https://crypto.news/app/uploads/2023/05/FLUUS-Sets-To-Lunch02-880x525.jpg)
Conflux News
Conflux (CFX) is a layer-1 blockchain developed to address some of the challenges faced by existing blockchain networks. It utilizes a unique Tree-Graph consensus algorithm to facilitate fast and secure transactions. Since its launch, Conflux has garnered attention for its innovative approach to decentralization and its potential applications in various industries.
$0.121958
24h Volume
$37,834,567
Market Cap
$600,772,778
24h Low/High
$0.116371 /
$0.122356
24h
4.48%
7d
9.4%
Latest Conflux News
![Conflux Network launches Hong Kong dollar-backed stablecoin](https://crypto.news/app/uploads/2023/11/crypto-news-blockchain-Hong-Kong-top-side-view-blurry-background-day-light-neon-color-880x525.png)
News
Conflux Network, a public blockchain in China, has announced testing of the AxHKD stablecoin, backed by the Hong Kong dollar.
![‘Chinese Ethereum’ Conflux jumps 13% following strategic deal with venture firm](https://crypto.news/app/uploads/2023/08/AI-driven-innovation-will-fuel-more-stable-crypto-markets-_-Opinion05-880x525.png)
News
Conflux Network’s CFX token gained over 13% amid a ‘strategic partnership’ agreement with Asia-based venture studio BlockBooster. In an X thread, Conflux Network said the latest deal with the Asia-based venture studio will focus on identifying “web3 incubation opportunities within…
![Tokens surge double digits as Bitcoin shrugs GBTC stream](https://crypto.news/app/uploads/2023/12/crypto-news-altcoin-surge-option03-880x525.webp)
News
A 3% jump in crypto’s total market cap signaled broad market gains, with Bitcoin weathering reduced sell pressure from Grayscale GBTC ETF outflows.
![Conflux reports 16% losses following Bitcoin L2 announcement](https://crypto.news/app/uploads/2023/10/crypto-news-sad-man-looks-at-destroyed-holographic-sculpture-down-trading-chart-background-low-poly-styl-v5.2-880x525.webp)
Markets
Following a Jan. 18 announcement of a new L2 network that would run on top of the Conflux chain, CoinMarketCap reported that CFX saw 16.7% losses, currently at $0.1864.
![Conflux](https://coin-images.coingecko.com/coins/images/13079/large/3vuYMbjN.png?1696512867)
![Conflux to launch Bitcoin L2, testnet expected by March](https://crypto.news/app/uploads/2024/01/crypto-news-bitcoin-option07-880x525.webp)
News
Conflux Network introduced an EVM-compatible layer-2 solution that can interact with Bitcoin amid growing interest in crypto’s largest blockchain.Â
![Blockchain-based mobile SIM card goes live in China](https://crypto.news/app/uploads/2023/05/FLUUS-Sets-To-Lunch02-880x525.jpg)
News
Conflux Network, the first regulatory-compliant public blockchain in China, and China Telecom, a global communications network, have unveiled the world's first blockchain SIM (BSIM) card.
![Conflux, Render and Injective are top gainers amid bull market](https://crypto.news/app/uploads/2023/02/crypto-news-bull-portrait-space-cartoon-poly-style-880x525.jpg)
Markets
The crypto market is enthusiastic as bitcoin (BTC) surpasses $30,000 for the first time since June 2022. In the last 24 hours, several altcoins have experienced impressive price surges, including Conflux (CFX), Render Token (RNDR), and Injective Protocol (INJ), all…
![Top 10 cryptocurrencies that gained the most in March](https://crypto.news/app/uploads/2023/02/crypto-news-bull-portrait-space-background-cartoon-poly-style-880x525.jpg)
Recap
In this article, we’ll review the top 10 gainers of March, with the leadership of CFX and XRP marking an 11-month-high. March brought unexpected movements to the crypto markets, with some top US banks collapsing within just two weeks. Some…
![Conflux benefits from XCMG partnership, joins tops gainer’s list](https://crypto.news/app/uploads/2023/03/crypto-news-laptop-on-the-table-with-trading-chart-on-the-display-side-view-bright-tones-sixtiesretro-futuristic-illustration-880x525.jpg)
News
The Conflux (CFX) price seems to have responded positively to the blockchain’s new partnership with XCMG Construction Machinery Co. Ltd., with the token posting a 17.90% jump in value in the last 24 hours.
![Conflux secures a token round of $10m from DWF Labs](https://crypto.news/app/uploads/2023/02/men-in-suits-deal-business-880x525.jpeg)
News
A token sale conducted by DWF Labs, which trades and invests in digital assets, netted $10 million for Conflux. Thanks to the funding, its technology will advance while increasing its user base. According to DWF Labs, the investment will aid Conflux…
![These 3 cryptocurrencies already gained 2500% combined this year](https://crypto.news/app/uploads/2023/03/crypto-news-laptop-on-the-table-with-trading-chart-on-the-display-side-view-bright-tones-sixtiesretro-futuristic-illustration-880x525.jpg)
News
The crypto industry witnessed a quick recovery as 2023 started, with the total market cap surpassing $1.1 trillion in mid-February. Here are the top three digital assets over the past 60 days. SingularityNET rose by 10x The Cardano-based blockchain-powered service…
![FLOKI](https://coin-images.coingecko.com/coins/images/16746/large/PNG_image.png?1696516318)
![Conflux price plummets by 40% from local top](https://crypto.news/app/uploads/2023/02/crypto-news-the-trading-chart-is-going-down-blurry-background-low-poly-style-880x525.jpg)
Markets
Conflux (CFX), the native token of the recently introduced blockchain, has declined by over 40% since its high of $0.3595 a week ago. This downturn is the latest development in the asset’s performance, which had recently undergone a substantial surge.…
![Conflux coin surges 10x, here’s why](https://crypto.news/app/uploads/2023/02/crypto-news-orb-of-predictions-on-the-table-trading-graphics-inside-blurry-background-low-poly-style-880x525.jpg)
News
A new blockchain in town is making waves – Conflux (CFX). This layer-one blockchain has been climbing the ranks and has quickly become one of the year’s biggest gainers. With a price spike of over 1000% since Jan. 26, Conflux…
![Conflux Blockchain Project Receives Funding from Chinese GovernmentÂ](https://crypto.news/app/uploads/2019/12/Blockchain-Startup-Conflux-to-Get-Shanghai-Government-Funding-for-Research-Institute-880x525.jpg)
News
Conflux, a distributed ledger technology (DLT) project that started as a research organization focused on solving the scalability issues of Bitcoin in 2018, has now gotten the backing of the Shanghai government. Both parties will collaboratively launch a blockchain research…