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Showing posts with the label ethereum news

COTI unveils V2 Whitepaper for enhanced Ethereum confidentiality

COTI Network launches V2 Whitepaper for Ethereum, boosting confidentiality. The V2 whitepaper unveils innovative features including Garbling Protocol and gcEVM for secure transactions. COTI token has dropped 7% in spite of this key development. COTI Network, a leading Layer-2 scaling protocol on Ethereum, has launched its highly anticipated V2 Whitepaper, aiming to revolutionize confidentiality within the Web3 ecosystem. The move underscores COTI’s commitment to addressing privacy concerns and driving innovation in blockchain technology. Enhancing confidentiality on Ethereum The unveiled V2 Whitepaper signals a significant step forward in enhancing confidentiality on the Ethereum blockchain. It introduces groundbreaking Features designed to optimize performance while safeguarding user privacy. One key innovation highlighted in the whitepaper is the implementation of a Garbling Protocol, which offers remarkable improvements in computation speed, sto...

Ethereum Struggles to Attract Investors Despite Upcoming Shanghai Upgrade, Healthy Network Fundamentals

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It was another bumper week for crypto investments last week. That’s according to the latest Digital Asset Fund Flows Weekly report from CoinShares, who said that digital assets saw investment inflows of $76 million last week. According to CoinShares, that marked a fourth consecutive week of inflows, which now stand at $230 million since the start of the year, “highlighting a decisive change in investor sentiment for the beginning of 2023”. The report added that total investment assets under management (AuM) has now risen 39% since the start of the year to $30.3 billion, the highest since mid-August 2022. Healthy investment flows into the crypto space come as prices cling on to impressive gains for the year. Bitcoin and Ethereum are both up around 40% since the start of the year on a combination of factors including 1) macro bets that the Fed won’t have to do too much more tightening in 2023, 2) that post-FTX collapse pessimism was overdone giv...