Gate News bot message, Gate market shows CFX 24-hour rise of 10.51%, current price 0.22722 USDT.

Gate News Bot reported on July 21st, according to CoinMarketCap, as of the time of publication, CFX (Conflux) is currently priced at $0.22, rising 107.47% within 24 hours, with a high of $0.24 and a low of $0.10. The current market capitalization is approximately $112 million, an increase of $58.1 million compared to yesterday. Conflux is a high-throughput public chain that uses the innovative Tree-Graph Consensus Algorithm to reduce confirmation time and increase TPS by processing blocks and transactions in parallel. Conflux utilizes a well-tested PoW Consensus Mechanism to provide higher security and protection against re-entrancy attacks at the protocol layer. Its built-in staking feature provides a foundation for innovative DeFi applications, with the current Annual Percentage Rate for staking tokens at 4%. The token economy of Conflux is built around the $CFX token, which holders can use to pay transaction fees, earn rewards through staking, rent storage space, and participate in network governance.

Odaily News Conflux founder Long Fan recently revealed in an interview with Xinmin Weekly that he spent a thousand dollars to purchase 100 Bitcoins while pursuing his PhD at MIT, but later sold them for 50 dollars each. Now, the price of Bitcoin has surpassed 100,000 dollars, and he still does not have 100 Bitcoins.

According to BlockBeats news, on November 11, the Conflux Foundation announced that it will launch an incentive program to promote the development of the PayFi ecosystem on Conflux. The Conflux Foundation will inject $500 million from the ecological fund to support PayFi.

BlockBeats news, on September 30th, according to market sources, Stable Coin 2.0 infrastructure company WSPN is collaborating with Conflux to launch WUSD on Conflux.

Gate News bot message, on July 2, the stock price of Pioneer Pharma Biotech (00399), listed on the Hong Kong Stock Exchange, showed significant fluctuation. After the market opened, the company's stock price soared nearly 240%, reaching a high of 0.7 HKD, and then fell back to around 0.34 HKD. It is worth noting that Navient Pharmaceuticals Biotechnology had previously announced plans to fully acquire the blockchain.

Gate News bot message, on July 2nd, the Hong Kong listed company Vanguard Pharmaceuticals Biotechnology (00399) experienced unusual fluctuations in the morning, with its stock price soaring to 0.7 HKD, a rise of nearly 240%. As of the time of writing, the stock price has fallen back to around 0.34 HKD. According to reports, Nautical Medical Biotechnology previously announced plans to acquire all shares of Conflux.

Odaily Planet News: Conflux announced the completion of Conflux v2.4.0 Hard Fork upgrade and the activation of CIP-1559. The network is currently stable, and the latest network version is v2.4.0. CIP-136 will be enabled when the PoS Block Number reaches 1684080 (expected on August 13), and other CIPs will be enabled when the Block Number reaches 247480000 (expected on August 13).

Gate News Bot news, on July 1, according to CoinMarketCap data, as of the time of writing, CFX (Conflux) is currently priced at 0.08 USD, rising by 1.90% within 24 hours, reaching a high of 0.08 USD and a low of 0.07 USD. The current market capitalization is approximately 396 million USD, an increase of 7.37 million USD compared to yesterday. Conflux is a high-throughput public chain.

According to Gate News bot, the latest public information shows that Long Fan and Wu Ming, the two founders of Conflux, also serve as executive directors of the Hong Kong-listed company Navigating Pharmaceutical Biotechnology. The current total market value of Linghang Pharmaceutical Biotechnology is approximately 371 million Hong Kong dollars (equivalent to 47.26 million US dollars). At the same time, the total of Conflux (CFX) tokens...

According to the Gate News bot, as reported by BlockBeats, on July 1, the CFX price experienced significant fluctuation. Influenced by the news of "Pioneer Pharma's acquisition of all shares of Conflux", CFX once rose over 10%. Subsequently, the price fell back, and the current trading price is $0.0788, with a total market capitalization of $387 million. It is reported that Pioneer Pharma and Conflux have already...

According to Gate News bot, it is reported by Wu that the Hong Kong listed company Pioneer Pharma (00399) has officially signed a memorandum of understanding and plans to acquire all equity of a company to obtain Conflux Blockchain related assets. The transaction price is planned to be paid in cash, shares, or convertible bonds, and the specific amount will be detailed in the formal agreement.

According to Gate News bot, as reported by PANews, Pilot Pharmaceutical Biotechnology Co., Ltd. (00399) announced on July 1 that it has signed a memorandum of understanding to acquire all equity of the target company, which includes assets related to the Conflux Blockchain that the target company will acquire in the future. The acquisition consideration will be in cash, company shares, or convertible securities.

According to the Gate.io News bot, as reported by Wu, the CFX burn and stake proposal of Conflux Network has been approved by community voting. According to the proposal, Conflux Network will execute a plan to burn 76 million CFX while staking 500 million CFX. After this adjustment, the Annual Percentage Rate for PoS staking will be adjusted to 13.38%. The Conflux Foundation announced that it will immediately initiate the destruction process and will make the relevant records public on the blockchain after completion.

ChainCatcher News, Conflux Network announced that the CFX burn and staking proposal has been voted on, 76 million CFX will be burned, and 500 million CFX will be pledged to reduce the PoS annual interest rate to about 13.38%. The Conflux Foundation will burn as soon as possible, and the records will be shared on-chain once the burn is complete.

0G announced that Wu Ming, co-founder of Conflux Network, has joined as the new CTO, marking important progress in the field of decentralization technology to revolutionize AI. His joining will drive the development of 0G DecentralizationAI operating system dAIOS, bridging the link between AI and blockchain. Ming's professional background and leadership skills will help drive this mission to ensure transparent, secure, and accessible AI technology.

ChainCatcher message, based on the Meme platform of ConFlux, $MeeAi has pumped 50 times on ConFipump in the past week, becoming a meme coin that has received much follow on the platform. It is reported that ConFiPump is a meme coin launch platform based on the Conflux network, emphasizing community-driven and user participation. It provides traders with an easy-to-use interface for meme