ChainCatcher news, according to Chainwire, the lightweight privacy layer COTI announced a partnership with the on-chain funding solution Gitcoin to launch a $500,000 grant program. The program aims to accelerate the development of privacy solutions to support the broader web3 ecosystem.This collaboration will enable COTI to leverage Gitcoin's grant management tools and services to onboard a group of experienced web3 developers and privacy projects into COTI's privacy ecosystem. Since 2017, Gitcoin has distributed over $60 million to developers of thousands of projects.

ChainCatcher news, the DAG payment network COTI announced that it will participate in the Central Bank of Israel's CBDC project alongside giants like PayPal and Fireblocks.

ChainCatcher news, the DAG payment network COTI announced the official release of its V2 white paper, aiming to lead a new revolution in confidentiality and performance for Ethereum L2.It is reported that COTI V2 adopts a unique combination of confidentiality technologies, with the key technology being the Garbling Protocol, achieving a computation speed that is 1000 times faster than similar solutions, reducing storage requirements by 250 times, and decreasing latency by 100 times.In addition, gcEVM, as an innovative extension to the Ethereum Virtual Machine (EVM), designed by Soda Labs, introduces confidentiality to blockchain transactions, allowing secure computation on encrypted data. COTI V2 also proposes a new concept of decentralized ordering, enhancing security and transparency using an improved PBFT algorithm, providing strong support for use cases such as confidential transactions, decentralized finance (DeFi), and artificial intelligence (AI) in the Web3 era, accelerating the widespread adoption of Web3.

ChainCatcher message, a certain whale withdrew 5.1 million COTI (approximately 1 million USD) from Binance a few hours ago. This whale has been accumulating COTI since last year and currently holds a total of 16.5 million COTI (approximately 3.3 million USD).

ChainCatcher news, the privacy layer project Coit based on Ethereum plans to distribute $10 million worth of Coti v2 tokens to its native Coti (COTI) token holders through an airdrop to support the launch of Coti v2. Coti v2 is a privacy-centric Layer2 protocol on Ethereum, dedicated to securely transmitting sensitive data across Web3 applications via blockchain.The Coti v2 airdrop event will begin on March 25, and the distribution of tokens will start in the last quarter of 2024, following the token generation event. In addition to existing COTI token holders, the eligibility for airdrop rewards is also automatically extended to all financial participants. Coti further points out that the airdrop is in addition to the annual percentage yield rewards for token holders.

ChainCatcher news, according to official reports, Morningstar Ventures announced an investment in the blockchain development company Coti to support the development of its ecosystem and L2 privacy solutions.

ChainCatcher news, the blockchain development company COTI Foundation announced that it will launch the COTI V2 developer network in early the second quarter of this year. At the same time, its $100 million growth fund will be used to reward developers building applications on the COTI V2 Devnet, which will be distributed in the form of COTI tokens.

ChainCatcher news, according to the official announcement, Binance will launch the CKB/TRY, COTI/TRY, LDO/TRY, and UNI/USDC spot trading pairs on February 28 at 16:00 (UTC+8).In addition, Binance will open trading bot services for the following trading pairs on February 28 at 16:00 (UTC+8):Spot Grid, Spot DCA (Dollar-Cost Averaging), Smart Holding: PIXEL/USDT, STRK/USDT;Spot Algorithmic Orders: CKB/TRY, COTI/TRY, LDO/TRY, UNI/USDC.

ChainCatcher news, the blockchain development company COTI Foundation announced that it will allocate $25 million through its ecosystem fund to promote the development of privacy-focused initiatives.It is reported that the first recipient of this funding is Soda Labs, a participant in the field of cryptographic multi-party computation (MPC). Soda Labs will lead research efforts to expand the practical applications of the garbled circuits protocol and other multi-party computation (MPC) protocols, ensuring a secure and scalable privacy network for COTI users.

ChainCatcher news, the COTI Foundation releases COTI V2: a privacy-centric Ethereum L2.COTI states that as an EVM-compatible L2, COTI V2 will provide an easy-to-build developer-friendly ecosystem, bringing privacy to Ethereum and protecting sensitive data.

ChainCatcher news, the decentralized payment protocol COTI announced on platform X that the COTI Foundation has been launched. The COTI Foundation is an independent non-profit organization dedicated to promoting the adoption and development of the COTI network.

ChainCatcher news, based on the DAG Layer1 public chain COTI tweeted that it has temporarily suspended gCOTI trading activities. The team is progressing with the gCOTI community activities as planned, which will be announced soon. Additionally, COTI is still advancing the initial use case of gCOTI, which is the APY enhancement for the treasury application.It is reported that on May 25, COTI announced that it will airdrop 82 million native gCOTI tokens to participants of the gCOTI airdrop event on June 1. The first batch of eligible users for gCOTI distribution will also be the first users to utilize the APY feature, which will be enabled at the end of June, allowing users to deposit gCOTI along with COTI into the treasury and be entitled to a larger share of the treasury rewards. (Source link)

ChainCatcher news, based on DAG Layer1 COTI announces collaboration with cross-chain protocol ChainPort to expand the Cardano ecosystem stablecoin Djed to multiple chains, potentially integrating first with BNB Chain and Ethereum, followed by other chains.In January 2023, the decentralized stablecoin Djed from the Cardano ecosystem launched on the mainnet, developed by the blockchain company COTI in collaboration with Cardano's core developer Input Output. (source link)