COTI Network has recently seen significant attention due to its selection among 15 other participants to develop various use cases for Israel's central bank digital currency (CBDC) project with financial services giants like PayPal and Fireblocks. The latest developments including launching a $10 million rewards program, privacy enhancements with 'Garbled Circuits', adopting a privacy-centric layer over Ethereum and successful deployment of their V2 Dev Network have strongly buoyed the COTI price, which has surged by more than 260% in just a week. In an interesting partnership, COTI entered into a strategic alliance with Civic to provide users more control over their digital identities. Undeterred by criticisms about the coin's potential to regain upper momentum and SEC scrutiny, the company pushed forth to unveil its $100 million growth fund and specific areas of focus. Furthermore, the company's token is witnessing a solid 55% surge with the integration of the MPC protocol. Looking ahead, the company appears poised for continued upwards momentum as its bullish reversal pattern indicates a surge of around 40%. On the regulatory front, despite cryptos like COTI being labeled securities by the SEC, the coin remains resilient with its determined focus on achieving critical privacy milestones and fostering privacy-focused blockchain innovation.
COTI Coin News Analytics from Thu, 15 Feb 2018 16:29:11 GMT to Thu, 25 Jul 2024 06:30:00 GMT -
Rating 8
- Innovation 9
- Information 9
- Rumor -6