Conflux and World Mobile Partner to Promote BSIM Card and Bridges

Conflux, the first public blockchain that complies with Chinese government regulations, has announced a partnership with the first and only globally blockchain-based mobile network, World Mobile. The collaboration's end goal is to promote the wider availability of blockchain-based mobile services.

Timeline of Conflux-network

Conflux (CFX) has recently recorded a significant price rise following a few days of bearish movements. According to data from CoinMarketCap, CFX has gained by 11.39% in the last 24 hours, emerging as the day's top gainer.

Conflux (CFX) has had a positive run so far in 2023, placing itself amongst the best-performing altcoins in the first half of the year. However, the “Chinese Ethereum” has been trading in the red in the past few days.

Conflux (CFX) has recently captured the attention of the cryptocurrency market with its impressive growth. In just one week, Conflux has experienced a remarkable surge, placing CFX among the top-performing altcoins of the moment and positions it as a legit investment opportunity for crypto enthusiasts and traders alike.

China's MATIC, Conflux (CFX), is among the most promising altcoins in the digital currency ecosystem considering its price outlook. The digital currency is changing hands at a spot price of $0.251, up by 21% over the past 24 hours as it duly capitalized on the growth momentum of the broader crypto ecosystem.

The crypto market is currently on a rebound, with several assets recording little gains in the last few hours. Conflux (CFX), one of the trendiest assets of 2023, has gained by 20.17% in the last 24 hours, emerging as the second biggest daily gainer, according to CoinMarketCap data.

Bitcoin price continued its recovery as sentiment in the crypto industry improved. The coin jumped to $29,000, much higher than last week's low of $24,700. Other cryptocurrencies have also surged, bringing the total market cap of all cryptocurrencies tracked by CoinMarketCap jump to over $1.13 trillion.

The Hong Kong SFC's announcement to allow trade in specific cryptocurrencies has triggered an uptick in crypto adoption among market participants. Amid this development traders also showed significant interest in Chinese-related crypto projects and are expected to witness a notable surge in the near future.

Tenet will collaborate with Conflux and Qtum, two blockchains with a strong presence in China, to strengthen the liquid staking industry's foothold in the country's marketplaces.

Mahe, Seychelles, May 24th, 2023, Chainwire Tenet, a layer-1 ecosystem for creating yield and utility for liquid staking derivatives (LSD), is expanding its presence on the Cmarket through two key partnerships with QTUM, a Proof of Stake network combining the benefits of Ethereum and Bitcoin, and Conflux, a layer-1 network operating on a hybrid Proof

Conflux (CFX), the token powering Conflux's high throughput, Tree-Graph powered layer-1 blockchain, experienced a rollercoaster ride in a whirlwind of price fluctuations. Last week, it tumbled to a low of $0.20 per token, leaving observers on edge.