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The price of Conflux public chain Token CFX has risen significantly recently, with a daily increase of over 100%, and plans to participate in the offshore RMB stablecoin pilot. This pilot aims to promote cross-border trade, particularly focusing on countries along the "Belt and Road". The upgrade to Conflux's 3.0 version public chain has also driven the price surge, with expectations for a significant increase in TPS. Additionally, merger and acquisition news involving Conflux has also attracted market attention.

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The core advantages and ecological status of Cosmos Recently, a blockchain industry expert wrote an article about "The Current Core Technologies and Ecological Projects of Cosmos," interpreting the core technological advantages of Cosmos, the innovative mechanisms on application chains, and several important projects currently on Cosmos. The major challenge facing traditional blockchains today is the advancement of their widespread adoption and scalability. One dilemma is the lack of interoperability between different chains, leading to complex and inefficient communication and data transfer. Additionally, because the design has focused on security rather than scalability, scalability has remained a top issue, resulting in slower communication speeds and increased network congestion, which in turn raises costs. Cosmos proposes a solution to these issues by introducing an interconnected blockchain paradigm. It utilizes the Inter-Blockchain Communication (IBC) protocol to achieve seamless communication and asset transfer between different chains.

🔥 BULLISH: Pantera-backed Ether Machine bought 15,000 $ETH worth $56.9M, bringing a total of 334,757 $ETH in its holdings.

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