TechFlow news, according to Chainwire, DWF Labs has further strengthened its commitment to the development of public blockchain Conflux. DWF Labs recently purchased $18 million worth of CFX tokens, reinforcing its long-term partnership with Conflux. Previously, DWF Labs acquired $10 million worth of CFX tokens in March 2023.
Recently, Conflux joined the Hong Kong Web3 Research Institute and participated in the Singapore Digital Economy Roundtable organized by the Singapore government. It also led the drafting of IEEE P3217, an international blockchain standard established by the Institute of Electrical and Electronics Engineers (IEEE). In addition, Conflux has announced several key partnerships, including:
- Supremacy – a Web3 security platform
- dappOS – an operating protocol managing user crypto infrastructure
- NuLink – privacy-preserving technology providing APIs for decentralized applications
- Smooth Labs – developing a Layer-2 solution supporting parallel execution
- Opside – a decentralized ZK-RaaS network featuring ZKP mining with PoW functionality
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