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Proof-of-stake blockchain platform Cardano and blockchain payment platform Coti will launch an algorithmic stablecoin Djed in January 2023, according to a Monday press release.See related article: SBF: FTX stablecoin, ‘Second Great Stablecoin War’ are comingFast factsThe algorithmic stablecoin is undergoing audit and stress tests, said the press release.Djed, backed by
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Development never stops in the fast-paced and competitive crypto sector and COTI is one project that is flashing some bullish signs. VORTECS™ charts from Cointelegraph Markets Pro show that COTI, an enterprise-grade financial technology platform focused on decentralized payments and digitization for any form of currency, could be on the verge of a
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A new stablecoin is arriving on the Cardano blockchain to provide a tool for decentralized finance (DeFi) operations and avoid transaction fees.Cardano’s payment gateway provider, Coti, will be the official issuer of Djed, a new DeFi-focused stablecoin for the Cardano network, Cardano founder Charles Hoskinson and Coti CEO Shahaf Bar-Geffen
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Admittedly, the last few days have not been not the most pleasant time for crypto traders as the price of Bitcoin (BTC) price fell short of breaking the $50,000 threshold, then slid to the low-$40,000 range and pulled the majority of altcoins down with it. Despite this sharp downturn, a
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Bears pressed harder on the market today after Bitcoin (BTC) continued its pullback to an intra-day low at $46,250 and altcoins nursed near double-digit losses.While most of the market is seeing red a few altcoins managed to notch notable gains due to exchange listings and new staking opportunities.Top 7 coins with
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The $20 million venture capital firm makes its first allocation in FinTech payment platform COTI offering financial solutions to the crypto community.On Tuesday, April 6, Cardano’s venture capital fund cFund made its first investment of half a million dollars in payments firm COTI. Cardano has earned a name for itself
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One of the world’s largest gaming groups, Dafabet, has revealed that it is working with COTI to facilitate
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