Conflux Network has emerged as a leading Layer 1 blockchain, gaining traction through strategic collaborations and technological advancements. Below, we explore key developments that highlight its growing ecosystem.
Binance Pool Launches CFX Mining Services
👉 Binance Pool has officially integrated Conflux Network (CFX) into its mining services. Users can now mine CFX by following these steps:
- Log in to a verified Binance account.
- Register for a Binance Pool account.
- Complete the CFX mining setup using the provided tutorial.
Key Details:
- Payment Model: PPLNS (Pay Per Last N Shares).
- Mining Fee: 1%.
OKX Ventures Leads $1.5M Seed Round for BlockBooster
BlockBooster, a Web3 venture studio focused on Asia, secured $1.5 million in seed funding. The round was led by OKX Ventures, with participation from Conflux Network, IceRiver Venture, and others.
Jeff Ren, Partner at OKX Ventures, stated:
"BlockBooster’s mission to incubate high-quality Web3 projects aligns with our vision for industry growth."
Focus Areas: Infrastructure, social platforms, and gaming.
Fordefi Partners with Conflux Network
MPC wallet platform Fordefi announced a strategic integration with Conflux Network. Web3 investment firm DWF Labs will be the first client leveraging this collaboration.
Fordefi’s Offerings:
- Institutional-grade self-custody solutions.
- Secure Web3 gateway for digital assets.
Lambda Network Deploys LWS Storage on Conflux
Lambda Network launched its LWS modular storage service on Conflux Network. Developers can pay in CFX to utilize decentralized storage, with plans to expand support for multichain interoperability.
Upcoming Features:
- Developer interfaces for NFT data storage.
Conflux and China Telecom Launch BSIM Card
Conflux Network partnered with China Telecom to release the BSIM card, enhancing Web3 accessibility with:
- Portability: Seamless digital asset management.
- Security: Blockchain-integrated authentication.
Pilot Location: Hong Kong.
Uniswap V3 Deployment Proposal
Conflux submitted a governance proposal to deploy Uniswap V3 on its network, aiming to:
- Attract Web2 users to DeFi.
- Boost liquidity in Asian markets.
Incentives:
- $2M liquidity pool for CFX trading pairs.
- $1M rewards for early adopters.
Market Performance Highlights
- 24-Hour Surge: 60% (CoinMarketCap).
- 30-Day Growth: 1,190% (CFX price: $0.353).
Conflux Integrates with Xiaohongshu
Users of China’s Xiaohongshu (Little Red Book) can now display Conflux-minted NFTs in their R-Space profiles, bridging social media and Web3.
FAQ
Q: How does CFX mining work on Binance Pool?
A: Users register via Binance, follow the tutorial, and mine CFX under a PPLNS model.
Q: What is BlockBooster’s focus?
A: It incubates Web3 projects in infrastructure, gaming, and social apps.
Q: Why deploy Uniswap on Conflux?
A: To tap into Conflux’s Web2 partnerships and expand DeFi liquidity in Asia.
Q: What makes BSIM cards unique?
A: They combine blockchain security with traditional SIM functionality.
👉 Explore more Web3 innovations with Conflux Network’s ecosystem.
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