.DwfLabs has doubled down on its investment in Conflux_Network with the purchase of $18 million worth of CFX tokens. Reports godbole17.
, on Wednesday confirmed more investment from the crypto market maker and Web3 investment firm DWF Labs. Still, the blockchain's native token, CFX, traded in the red, falling over 6% to 21 cents.that DWF Labs snapped up $18 million worth of CFX tokens, doubling down on its initial purchase of $10 million in coins in March.
CFX tokens facilitate cross-chain transfers, can be used to pay transaction fees within the network and can be staked to participate in the consensus protocol.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Algorand (ALGO) Blockchain Activates Major Upgrade: What We KnowHere's how long-anticipated upgrade can give Algorand (ALGO) boost and what users and developers should expect from its activation
Read more »
[SPONSORED CONTENT] Oasys Live Blockchain Gaming Event from KyotoWATCH LIVE: OasysSpecialEvent is the biggest official side event at IVS2023KYOTO. Stream presentations of new game titles from some of the largest gaming companies and Oasys partners.
Read more »
Grayscale-backed Horizen to change blockchain to drop 'privacy coin' labelHorizen will discontinue support for shielded transactions on its mainnet, to stop its native token Zen being labelled as a privacy coin.
Read more »
Tezos Set to Become 8 Times Faster After 'Nairobi' Upgrade.Tezos deployed the network’s fourteenth upgrade “Nairobi” on Monday in a move that makes transaction speeds up to eight times faster. By shauryamalwa.
Read more »
Vodafone and Cardano? Cryptic Tweet Stirs SpeculationVodafone Germany may have just hinted at interest in non-fungible tokens (NFTs) of Cardano blockchain
Read more »
Ruoning Yin wins Women's PGA Championship, becomes 2nd woman from China with a major titleBecoming the second woman from China to win a major championship left Ruoning Yin in awe, even an hour after being handed the Women's PGA Championship trophy at Baltusrol.
Read more »