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COTI Unveils ETH L2 Developer Network and Growth Fund Use Cases

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COTI announces an ETH L2 Developer Network to leverage its $100M fund, targeting key use cases like Confidential DeFi and encrypted data management.

COTI Foundation has taken a significant leap forward in its commitment to enhancing privacy and scalability in the blockchain space by announcing an upcoming ETH Layer 2 (L2) Developer Network. This initiative is aimed at harnessing its nearly $100 million development fund, to be disbursed in COTI tokens, to drive innovation and growth within the COTI ecosystem.

The blockchain industry, heralded for creating borderless finance and trustless interactions, has often grappled with the challenge of privacy. The transparency inherent in Web3 has been a double-edged sword—beneficial for democratizing organizations but proving to be a stumbling block for numerous other applications due to privacy concerns.

COTI V2 is poised to address these issues with Garbled Circuits, a pioneering privacy solution that is both 1000 times faster and 250 times lighter than existing technologies, allowing for operation on any device. This breakthrough offers a significant edge over ZK-based solutions, which are typically limited to two-party transactions, by enabling secure multi-party transactions that are crucial for both Web3 and traditional Web2 industries.

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The COTI Foundation aims to supercharge the growth of its ecosystem, starting with the Developer Network (Devnet) slated for launch in early Q2 of this year. The COTI V2 Devnet, coupled with an upcoming grant program, will empower developers to build and improve upon the technology, rewarding their contributions to the ecosystem. Developers will find familiarity in using Solidity for smart contracts, which will allow them to integrate privacy into existing applications or innovate entirely new use cases.

Key target use cases for the COTI V2 platform include:

Confidential DeFi: Addressing the privacy compromise in DeFi, COTI V2 will enable novel primitives like private AMMs, dark pools, and under-collateralized lending, which hinge on user privacy and transaction content confidentiality. Additionally, COTI V2’s technology is set to tackle the persistent issue of Miner Extractable Value (MEV) exploits in Ethereum DeFi, by encrypting transactions and thwarting frontrunning bots.

Confidential Transactions: In the realm of payments, stablecoins, and real-world assets (RWA), COTI V2 offers a solution that upholds confidentiality akin to traditional finance systems. This will enable the mainstream adoption of Web3 by ensuring secure transactions that comply with regulatory standards.

Confidential Machine Learning (GCML): The platform’s encrypted on-chain data storage and confidential query capabilities are a game-changer for sensitive data management, such as medical records. It also introduces GCML for large language models (LLMs) like ChatGPT, facilitating service enhancement without compromising privacy or intellectual property.

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Dynamic Decentralized Identification (DID): COTI V2’s DID system allows for personal information to be used and verified without actual data disclosure. This supports trustless global interactions within a regulated framework without sacrificing sensitive information.

As the blockchain industry evolves, COTI’s innovative approach with Garbled Circuits technology is timely, aiming to resolve the privacy limitations of Web3 and offering superior solutions to those available in Web2. The upcoming COTI V2 Devnet represents a promising opportunity for developers worldwide to contribute to this evolution.

The post COTI Unveils ETH L2 Developer Network and Growth Fund Use Cases appeared first on HIPTHER Alerts.

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Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation

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Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.


1. BitNile.com to Launch Nile Coin on Solana

News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus

Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.

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2. Dutch Blockchain Week 2025 Gears Up in Amsterdam

News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week

Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.


3. Citigroup Predicts Blockchain’s “ChatGPT Moment”

News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph

Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure.  Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.


4. Philippine Blockchain Week 2025 Debunks Crypto Myths

News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin

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Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.


5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round

News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire

Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.


Conclusion & Key Takeaways

  1. Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.

  2. Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.

  3. Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.

  4. Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.

  5. Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.

Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.

The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.

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Chameleon Finance Launches Green Finance Initiative to Advance Sustainable Digital Asset Infrastructure

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Blockchain

Ov Finance Upgrades Blockchain Infrastructure to Deliver Faster, Safer Digital Asset Trading

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