News list for "confluence"
December 19th news, Conflux co-founder Forgiven issued a document saying that the current market widely circulated "the total value of assets represented by the global RWA 410 billion US dollars" data is seriously misleading, the source behind the RWA data website RWA.XYZ recent artificial caliber adjustment. Before the RWA.XYZ revision, the RWA industry-wide asset size was about 30 billion US dollars, and after the revision suddenly expanded to 4100...
On September 2nd, Shutu Conflux officially released the "Conflux Ecological Fund Authorization Announcement", saying that the Conflux Foundation proposes to authorize the ecological fund to seek cooperation with listed companies (not limited to companies listed in Hong Kong or the US capital markets), and explore the possibility of strategic cooperation with listed companies in the fields of digital asset vault (DAT) and ecological construction (POS node operation, on-chain liquidity, RWA asset ...
July 1 news, public information shows that the two founders of Conflux, Long Fan and Wu Ming, are executive directors of Hong Kong-listed companies Pilot pharmaceutical biotechnology. At present, the total market value of Pilot pharmaceutical biotechnology company reaches 371 million Hong Kong dollars, about 47.26 million US dollars.
Hong Kong-listed Linghang Pharmaceutical Biotechnology Co., Ltd. (00399) announced the signing of a memorandum of understanding to acquire the entire equity of a target company, provided that the target company completes the acquisition of Conflux blockchain-related assets. The acquisition consideration will be paid in cash, company shares or convertible bonds, the specific amount to be determined. The memorandum of understanding is valid for 12 months, during which the seller shall not negotiat...
Conflux Network announced that the CFX destruction and pledge proposal has been voted on. 76 million CFX will be destroyed and 500 million CFX will be pledged to reduce the PoS APR to about 13.38%. The Conflux Foundation will destroy as soon as possible, and the records will be shared on the chain after the destruction is completed.
On March 24th, according to the official disclosure of Conflux Network, the network has fixed a critical vulnerability in the CREATE2 opcode in the V2.5 upgrade on March 17th. This vulnerability was discovered with the assistance of the GraFunLabs team, which allows the redeployment of contracts on existing addresses, affecting the Gnosis Safe wallet. Conflux Network said the security incident did not result in any user loss in capital. The upgrade also enhances the compatibility of the Ethereum...
On May 27th, Conflux Network announced that it will upgrade the Conflux v2.4.0 testnet at block height 173520000, which is expected to be at 15:00 on May 30. This upgrade includes 12 CIPs, 11 CIPs are expected to be activated at 23:00 on May 30, and CIP-136 is expected to be activated at 3:00 on May 31.
On May 23rd, Conflux tweeted that it will activate and implement 12 CIPs in the next hard fork system upgrade, including key proposals such as CIP-130, CIP-137, and CIP-1559, introduce the 1559 mechanism, be compatible with the Cancun upgrade, add system functions, adjust consensus protocols, and fix bugs.
Conflux Network announced that it has upgraded its governance platform and migrated to a new website, and the previous governance website has been discontinued.
