The co-founder of COTI believes the controversy surrounding central bank digital currencies will subside as major financial players adopt the technology and optimal designs are established. The co-founder however downplayed the possibility that central bank digital currencies will be built to interface with decentralized finance protocols or Web3 ecosystems.

COTI's got a new mainnet and now it's got a new builder platform too. Stay COTI is designed to supercharge dapp deployment on COTI's privacy-enabled L2, making it easier for devs to turn their ideas into reality in record time.

After about 16 months from when the team first announced its roadmap and more than two years of R&D later, COTI launched v2 of its mainnet yesterday.

Web3 privacy protocol COTI said on March 26 it has launched its mainnet, unveiling a new Layer 2 network designed to enable Privacy-on-Demand for decentralized applications and institutional users.

COTI's much anticipated Layer 2 has launched at last, introducing high-speed confidential transactions for web3 applications and services.

Evgeny Masharov, a member of the Russian Civic Chamber, has proposed forming a government cryptocurrency fund that would include assets confiscated from criminal proceedings.

Russia is considering a plan to direct confiscated cryptocurrency into a special fund, with proceeds from its use allocated to social initiatives.

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.

COTI, a privacy-oriented Layer-2 (L2) blockchain, has announced the Africa Tokenization Council, an initiative to promote artificial intelligence (AI) and blockchain adoption across Africa and the Middle East, as per the announcements shared with Finbold on Wednesday, March 5.

Layer 2 privacy network COTI has unveiled the first perpetual futures DEX (Perp-DEX) to launch on its network.

The EEA brings together leading organizations like the Ethereum Foundation, Microsoft, JPMorgan Chase, and ConsenSys. These groups are working to push Ethereum's future as a decentralized platform.

COTI has officially joined the Enterprise Ethereum Alliance (EEA), enhancing its status as a major player within the broader Ethereum ecosystem.

COTI, a leading Web3 privacy layer, has announced its cross-chain privacy protocol, offering privacy-on-demand for enterprises, decentralized applications (dApps), and builders across 70 supported chains.

For Shahaf Bar-Geffen, CEO of COTI, blockchain privacy is more than just a narrative—it's a “fundamental” necessity for Web3.

Privacy-focused blockchain COTI has presented its proposal for a decentralized marketplace for trading RWAs at a major event hosted by the Bank of Israel.

A gently used 2001 honda civic is a memecoin project built on Solana and has been active for the past 10 months. Its token, $USEDCAR, went up by 8x since the community takeover.

COTI boasts a groundbreaking privacy technology that it says is based on Garbled Circuits.

COTI and Gitcoin partnered up to boost Web3 privacy innovation with a $500,000 grants program.

Privacy layer-2 blockchain COTI has announced a major grants program in collaboration with Gitcoin.

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Civic, a startup specializing in identity protection and management, announced its partnership with Web3 car rental platform Rentality on Wednesday to verify drivers' licenses and enforce age minimums on the Base network.

Civic, a blockchain-based identity management platform, has teamed up with Rentality, a Web3 car rental service, to introduce a new way to verify driver's licenses and enforce age restrictions.

Nearly four months after its Devnet launch, COTI's L2 network has now entered the third phase of its roadmap with the release of the testnet.

COTI's EVM-compatible testnet launch, supported by MyEtherWallet, could revolutionize privacy and scalability in decentralized finance and web3 applications. The post COTI launches EVM-compatible testnet with support from MyEtherWallet appeared first on Crypto Briefing.

COTI has launched its layer 2 testnet in collaboration with blockchain partners like MyEtherWallet and AnChain to deliver affordable privacy solutions for Web3.

COTI, the EVM layer-2 aiming to deliver onchain private transactions at scale, has announced the launch of its testnet.

PriveX is the first intent-based privacy perpetuals DEX, built on COTI's confidentiality layer.

COTI is partnering with PriveX to bring privacy-centric perpetuals trading to decentralized finance.

Privacy-focused L2 COTI has announced a partnership with intent-based privacy perpetuals DEX PriveX.

This week's trio of top cryptocurrencies are worth watching in the coming days.

Here's what COTI has done in the past few months and what is coming next in the near future.

Get more Crypto Updates https://www.youtube.com/channel/UCUv89KvVvjuH-NngyBhfwTg/about Join us for a deep dive into the recent upgrades and the future of COTI with CEO Shahaf Bar-Geffen in this informative podcast episode. Learn about the latest developments and what's in store for the future of COTI!

Following the announcement, COTI price surged over 12% on Wednesday to trade around $0.11, with its daily trading volume up more than 900 percent.

COTI, a Layer 2 on the Ethereum (ETH) blockchain, and 14 other Fintech companies have been invited to develop use cases for the Bank of Isreal's upcoming Digital Shekel Challenge, as per the updates shared with Finbold on July 24.

Layer 2 privacy blockchain COTI has announced that it's been invited to participate in the Digital Shekel Challenge, an initiative commissioned by the Bank of Israel.

COTI Foundation has secured a seat with the likes of Paypal and Fireblocks to work on Israel's Central Bank Digital Currency (CBDC) project. The Israeli CBDC is dubbed Digital Shekel.

Principle behind Web3 has always been to dispense with intermediaries and let people exchange value in a global network controlled by no one.

The island-country's digital minister has radical ideas for using open-source technology to provide public goods. Her approach is called Plurality and it's gaining attention across the world.

COTI V2 allows developers to get creative with Web3 apps while maintaining privacy practices. With the recent launch, COTI also announced a grant program to the public.

COTI V2 is setting a new standard for privacy and scalability in blockchain technology. With its advanced Garbled Circuits and a substantial grant program, COTI V2 is set to drive developers to build more secure, efficient, and innovative applications on its platform.

TL;DR COTI has launched a developer network for its upcoming Ethereum-based layer 2 network focused on privacy. They have established a grant program of 400 million tokens (approximately $52 million) to incentivize developers to participate in the platform.

COTI V2 facilitates data sharing, verification, and MPC without compromising the confidentiality of the underlying personal information.

To spur developers to build on the devnet, the COTI Foundation has unveiled a new grant program that rewards builders for their contributions.

COTI Foundation has officially launched its developer network, marking the introduction of advanced garbled protocols in the development of smart contract blockchains.

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.

Ethereum-based Layer-2 (L2) protocol COTI has announced the launch of its V2 whitepaper which is focused on boosting confidentiality on the underlying network. COTI Network To Live Up To Web3 Expectations According to COTI, this newly launched whitepaper offers a guide to the fastest and lightest confidentiality L2 on Ethereum.

With numerous tokens being launched on its platform, today's blog will delve into the top Cardano-based tokens, excluding ADA.

The partnership between COTI and Civic will enhance web3 data protection and confidentiality via the COTI V2's, Ethereum-based layer two network.