Conflux (CFX)

The race for Web3's capital is on, and Hong Kong intends to win it. 🇭🇰 Hosted #IOSG × HK LegCo · Founder Tea #1 this week. Our founding partner @jocyiosg brought together 16 top Web3 founders at Cyberport with the Hon. Duncan Chiu, HK Legislator. Across four tracks: → RWA @AssetoFinance,@DigiFTTech, Anchored, @StableStock → Public Markets @RedotPay, @MicrobitCapital, Boyaa Interactive, @SoSoValueCrypto → Infrastructure @alt_layer, @brevis_zk, @Conflux_Network, @Sign → DeFi @SynFuturesDefi, @dForcenet, Unified Labs 6 hours of unfiltered truth, centered on one question: "Why HK over Singapore?" The discussion covered HK's strengths (financial depth, legal system, location), where it still falls short (compliance costs, licensing, banking access), and concrete asks to government: tiered regulation, an innovation sandbox, lighter licensing, and a clear path for digital asset trusts (DAT). Duncan set this as the first consultation for Hong Kong's first-ever 5-Year Web3 Plan (2027–2032), reaching the Chief Executive's Office by end of June. In his words: "I hope to submit these recommendations and have them included in Hong Kong's first-ever 5-Year Plan — shaping the city's Web3 direction for the next five years."

Here are a few trades from the community over the last week. A mix of their own and also what Market Intern found for them Keep it up! https://t.co/TqGN8hPzau

Thanks @Conflux_Network for having our Managing Partner @momir_amidzic on the panel! Great discussions on Hong Kong’s role in Web3, ecosystem collaboration, regulatory engagement, and what’s next for HK as a global digital asset hub! 🇭🇰 https://t.co/RctS7XG7Mc https://t.co/RiXBJxQpMw

Fork姐 made outstanding contributions to CFX Her coding level is absolutely unbeatable The last offline meet-up was still in Beijing She started working on the public-chain code in a bar… https://t.co/1eIkoDjNUs

#CFX | ✍🏻(ytd) https://t.co/p8lkyosVUu

CFX/BTC is about to be delisted, which is a disappointing day for long-term believers. BTC’s exchange rate has long outperformed 99.9% of altcoins in the ecosystem, and having a BTC liquidity pool provides long‑term support for a project's market cap. On April 28, Chen Fengxia received notice that the bid‑ask depth and liquidity of CFX/BTC were insufficient and had entered the delisting observation zone. Although the May Day holiday was approaching, Chen Fengxia’s finance team and the director immediately stepped in, communicated with the cooperating market makers, drafted new cooperation terms, and launched new market‑making support over the past two days. Unexpectedly, a notice of formal delisting was received just yesterday. In fact, the +/-2% depth now exceeds $30k, meeting the requirement. While the director was still making a final push in talks with the counterpart, the reply was that the announcement had already been issued and the situation could not be reversed. Since the bear market, Chen Fengxia has launched USDT0, XAUT0, added listings covering Hashkey and Kraken, completed Fireblocks integration, and launched CNH AUX and other stablecoins, continuously striving to build, and despite the tough market she has gritfully persisted. The director fully understands that from an exchange’s perspective, depth and trading volume are the basic foundations for maintaining a trading pair, but also asks @heyibinance @_RichardTeng @binance to consider that the project must balance resource allocation between maintaining fundamental development (Buidl) and supporting token trading itself, and to give a chance to the builders who refuse to give up.

Why $CFX Could Be The Next Clean Long Trade On My Watchlist #CFX is retracing into a higher timeframe 1W order block after a liquidity sweep, with structure favoring continuation toward upside liquidity and external highs. Technical Structure: ✅ 1W Order Block → strong HTF demand zone ✅ SSL resting below → potential liquidity sweep ✅ Retracement phase → optimal entry zone ✅ Displacement model → continuation setup ✅ Liquidity above → clear upside targets Targets: $0.0649 → $0.0697 → $0.0755 Invalidation: 1D close below $0.0505 Bullish bias. Wait for price to dip into the 1W OB and confirm before entering toward buy-side liquidity. TA Only. DYOR.

Wrapping up an incredible Open Stage cohosted by @boundless_xyz at HK Web3 Festival: Institutional Convergence — From Compliance to Commerce. 1/ 🎤 Our Managing Partner @momir_amidzic opened the day with IOSG Ventures' thesis.