what's Conflux Network?
Conflux Network is a high-performance Layer 1 blockchain that employs a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism powered by a unique Tree-Graph structure. This enables parallel block processing for superior scalability, supporting up to thousands of transactions per second while maintaining security and decentralization. The network features dual spaces: Core Space for native operations with low barriers and eSpace, which is Ethereum Virtual Machine (EVM)-compatible for seamless smart contract migration and DeFi interoperability. As the only blockchain compliant with regulations in China, Conflux facilitates global cross-chain ecosystems, particularly bridging Asian markets. It supports diverse applications including DeFi, NFTs, gaming, and real-world assets through modular protocols and partnerships, emphasizing long-term infrastructure for creators, communities, and markets.
Kraken integration is underway; Founders X Space AMA on Jan 30 to discuss annual plans.
Listed CFX token on Kraken exchange.
Hosts Founders X Space AMA on January 30, 2026 to discuss annual plans and roadmap.
The USDT bridge from Ethereum to Conflux Network via cBridge will be deprecated on November 25 at 00:00 UTC, while the reverse direction and other token bridges remain unaffected.
Hong Kong exchange orders trading suspension on November 26 for a crypto company linked to asset incorporation plans, which now partners with Starcoin Foundation to issue Starcoin token for RWA projects on the platform.
Two USDT variants, USD₮0 and CNH₮0, launch on the platform.
Bridging incentive program starts in 2 days, offering rewards to users who bridge USDC, USDT, ETH, and BTC based on leaderboard rankings.