to burn CFX was put forward by the chief technology officer of Conflux Network . In pursuit of improving the tokenomics of the Chinese blockchain, Ming Wu proposed burning a portion of CFX, which is storage collateral. In turn, the price of the token, dubbed China'sConflux Network
token gained its nickname after it was revealed that this particular blockchain would be integrated into China's Instagram analogue, XiaohongShu, to bring NFT functionality to the platform. On the blast wave from this news, CFX quotes soared by more than 90% in one day, rising in value from $0.031 to $0.083 at the peak.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MATIC Up 12%, Bloomberg's Senior Strategist Explains Why Polygon Is SuperiorBloomberg's Mike McGlone breaks down why Polygon $MATIC is top Ethereum layer polygon polygonmatic matic polygonnft maticusdt ethereum eth $eth shibarium will be a great rival Shibtoken SHIBARIUM L2 BLOCKCHAIN , with $BONE as gas fee is coming. Wait until Shibarium goes live !
Source: Utoday_en - 🏆 295. / 63 Read more »
Doritos Chips Producer Comes to Polygon (MATIC), Here's HowLegendary chips brand Doritos comes to metaverse, announces Web3 promo campaign on 0xPolygon w/ MihailoBjelic $MATIC DoritosTriangleStudios polygon's partnerships are on a whole other level, the only thing we can ask is 'who's next?'
Source: Utoday_en - 🏆 295. / 63 Read more »
Optimism on Chinese stocks soars to five-year highsMoney is flowing into mainland Chinese and Hong Kong stocks in ways not seen since 2018, according to research firm EPFR Global. How is that even possible with the geopolitical situation as it is TaylorOgan On that note, spotted my very first BYD driving around Amsterdam this weekend for you TaylorOgan Elandsgracht amsterdamelektrisch Atto3 🇳🇱
Source: CNBC - 🏆 12. / 72 Read more »
US considering plan to down Chinese spy balloon over AtlanticThe Biden administration is considering a plan to shoot down a large Chinese balloon suspected of conducting surveillance on the U.S. military. You’re telling me we can’t send one of those billion dollar jets ? Get it done Hurry, bring it down before it gets to Mar-A-Lago and drops another $2 billion for TFG's family 🤣
Source: ABC7 - 🏆 67. / 68 Read more »