COTI Foundation has just announced the target use cases and focus areas for its $100 million development fund, all of which will be allocated in COTI tokens. According to a press release shared with CryptoPotato, there will be a selection process for projects who want to apply for funding, and it will be open to all developers,...Read More
Web3 infrastructure development firm COTI announced the successful demonstration of garbled circuits on the blockchain ahead of its privacy-centric Ethereum-based layer-2 network COTI V2 launch in April. According to a press release sent to CryptoPotato, COTI deployed the Garbled Circuits in collaboration with its partner Soda Labs, creating a mechanism that performs the computations using...Read More
Enterprise-grade digital fintech platform COTI has completed the integration of a new protocol for its privacy-centric Ethereum-based layer-2 network. According to an official announcement, the design and implementation of the Multi-Party Computation (MPC) protocol of COTI V2 is the first of the development milestones to be reached this year. COTI Achieves First Milestone For L2...Read More
Web3 digital infrastructure provider COTI announced plans to launch a layer-2 chain on the Ethereum network that will be focused on adding a privacy layer to its products and services. According to a statement seen by CryptoPotato, the new protocol, COTI V2, will use a cryptographic technology called Garbled Circuits to enhance privacy while ensuring...Read More
Cardano’s native overcollateralized stablecoin – Djed – went live on the mainnet on January 31st, more than a year after preparations, development, and a successful security audit. Djed is developed jointly by the layer 1 blockchain network, COTI, and Input-Output Global (IOG), the blockchain-engineering company behind Cardano. Currently, the stablecoin is also available on Cardano-based...Read More
Stablecoins have been one of the most controversial areas of the cryptocurrency industry. But this has not deterred industry leaders to bring about new pegged tokens built on a secure foundation. The much-awaited Djed – which happens to be Cardano’s native overcollateralized stablecoin – is set to launch this week. Developed jointly by the layer...Read More
Blockchain protocol Coti announced the successful hard fork event – MultiDAG 2.0 – that aims to transition the ecosystem from a single currency infrastructure to a multi-token network. In a press release shared with CryptoPotato, Coti also revealed the launch of the Mainnet on December 29th, during which Explorer 2.0 was also deployed alongside the...Read More
Shahaf Bar-Geffen – CEO of COTI, a stablecoin development company – revealed the launch date for Cardano’s new algorithmic stablecoin at Cardano Summit on Monday. After a successful audit, the over-collateralized DJED token will go live in January 2023. What is DJED? DJED is Cardano’s attempt to create a price-stable digital asset backed by ADA...Read More
COTI Network has announced that the protocol will undergo a hard fork, during which they will deploy MultiDAG 2.0 – the long-awaited update that will see the protocol transition to a multi-token layer. According to the official release, COTI Network is to undergo a hard fork during which MultiDAG 2.0 will be deployed. What’s cited...Read More
The open-source payment infrastructure program COTI has released its roadmap for 2022 as it aims to position itself as a go-to Layer 1 for payments. In a press release shared with CryptoPotato, COTI revealed that it is building a Layer 1 with its DAG-based Trustchain. It also plans to build the necessary tools required for...Read More
The financial tech company, Nuvei has announced the launch of crypto-friendly debit cards. The rollout, which involves collaboration with the American multinational payment service Visa, will target Nuvei’s partners across the European Economic Area (EEA) and United Kingdom (UK). Crypto-Friendly Debit Cards Simplex – Nuvei’s subsidiary – partnered with Visa to enable its clients to...Read More
Digital fintech platform COTI (Currency of the Internet) has announced that it will be launching its long-anticipated mainnet 2.0 next month. COTI Mainnet 2.0 Set to go Live The company shared the news about its upcoming mainnet version 2.0 launch with CryptoPotato, stating that the upgrade will feature scalability and speed capabilities, as well as...Read More
The digital fintech platform COTI has announced its latest products that will provide Visa debit cards and bank accounts to users. Its partner in the initiative is the financial institution Simplex. COTI’s New Services COTI (Currency Of The Internet) – a blockchain platform allowing organizations to build their own payment solutions – has expanded its...Read More
COTI, an enterprise-grade fintech platform that empowers organizations to build their payment solutions, recently announced that it will be partnering with Cardano’s stablecoin hub, Ardana. The collaboration will introduce stablecoin crypto-to-fiat payments aimed at the Cardano community, in addition to consumers and merchants worldwide. Speaking in a statement, COTI’s CEO, Shahaf Bar-Geffen, said, “Today, COTI...Read More
Cryptocurrency traders that want to benefit from the infamous market volatility would be able to do so by taking advantage of COTI’s recently launched Crypto Volatility Index (CVI). Users will be able to place positions in anticipation of significant fluctuations in either direction. The First Decentralized Crypto Volatility Index COTI is a blockchain project that...Read More
