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news-imageMarch 27, 2024

COTI and Civic Enter Strategic Partnership to Give Users Full Self-sovereignty over Their Digital Identity

The partnership between COTI and Civic will enhance web3 data protection and confidentiality via the COTI V2's, Ethereum-based layer two network.
Publisher: Coinspeaker
Sentiment: Positive
COTI
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Neutral
cover-imageCointelegraph
March 20, 2025

Russia civic chamber proposes dedicated fund for confiscated crypto assets

Amid the growing adoption of cryptocurrency reserves in countries like the United States, legal activists in Russia are pushing to create a potential crypto fund.Evgeny Masharov, a member of the Russian Civic Chamber, has proposed creating a government cryptocurrency fund that would include assets confiscated from criminal proceedings. The projected cryptocurrency fund would aim for revenues for the government, targeting social projects, Masharov said, according to a March 20 report by the local news agency TASS.

Positive
cover-imageBitcoin
April 9, 2024

‘Garbled Circuits' Enable Transactional Confidentiality, Encourage Enterprise Web3 Adoption — COTI Co-Founder

According to Shahaf Bar-Geffen, CEO of the privacy-centric Layer 2 network COTI, enterprises and mainstream organizations are not yet fully convinced of the benefits of complete privacy or true anonymity in any system. Bar-Geffen said the primary reason for this is that such systems often get exploited by individuals with dishonest intentions.

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