With the crypto sector continuing to witness an immense amount of innovation in recent years, one breakthrough that has caught the attention of governments as well as digital asset enthusiasts worldwide is Central Bank Digital Currencies (CBDCs).
As things stand, approximately 134 countries — representing approx. 98% of the global economy — are exploring this digital medium. Furthermore, a recent survey by the Bank for International Settlements (BIS) revealed that a whopping 94% of central banks globally are actively using or researching the implementation of CBDCs.
Most recently, COTI, a confidential computing platform, emerged as the only blockchain-based initiative to reach the final stage in the Bank of Israel’s Digital Shekel Challenge.
The challenge was modeled on the BIS’s “Rosalind” initiative, inviting entities across domains like fintech, banking, academia, and technology to develop applications using a digital shekel API layer.
The teams were encouraged to design solutions capable of addressing the unique needs of Israel’s diverse payment landscape — especially ones that were capable of facilitating secure, cross-border transactions seamlessly.
A look at what COTI’s solution has to offer
The growing interest in CBDCs has revealed a shift toward a more digitized financial ecosystem. However, even though the blockchain’s transparency has been one of its key selling points, it has also raised significant privacy concerns.
This is primarily due to the fact that the linking of CBDC transactions to real-world identities stands to create an unparalleled record of an individual’s financial history — a dystopian prospect that has drawn the ire of lawmakers across the globe, especially in the United States (by the representatives of its House Financial Services Committee).
This is where COTI’s offering shines, providing clients with advanced features to store and exchange CBDCs securely. At the heart of their solution is a novel implementation of ‘garbled circuits,’ a cryptographic technique designed to obscure sensitive transaction details such as amounts, token types, and wallet addresses.
More importantly, COTI’s privacy layer has been designed to be lightweight and scalable, capable of running on any device, even mobile phones. This level of accessibility differentiates COTI from other alternative privacy solutions, which tend to involve significant computational overhead or centralized trust assumptions.
Practicality is key
To demonstrate the real-world potential of its privacy-oriented CBDC platform, COTI recently developed and launched a decentralized marketplace for event tickets. Within the platform, buyers and sellers were allowed to transact in their local currencies while using the Digital Shekel as the mediating currency.
Moreover, thanks to the use of smart contracts, the need for intermediaries was completely eliminated, which in turn reduced fees and settlement times substantially. Lastly, the platform’s innovative use of Hash Time-Locked Contracts (HTLC) enhanced the platform’s security, ensuring that all parties’ interests are protected throughout the transaction process.
Lastly, it bears mentioning that every time a ticket was sold via the platform, the buyer’s funds were securely locked in a smart contract until the sale conditions were met, at which point the exchange was executed automatically and privately.
COTI’s presence at the ‘Digital Shekel Challenge’ was impactful
COTI’s decentralized marketplace was considered a standout entry in the Digital Shekel Challenge. Alongside teams from industry giants like PayPal and Fireblocks, COTI emerged as the only blockchain initiative to reach the final stage of the competition.
The judging panel was particularly impressed by COTI’s ability to bridge the gap permeating traditional finance (trad-fi) and the decentralized, privacy-focused world of Web3 — primarily via the application of its confidential computing technology to CBDC implementation, thereby demonstrating a transparency and privacy-driven path for central banks worldwide.
Privacy is the primary driving force for CBDC innovation
As more countries continue to explore the immense social, technological and financial prospects put forth by CBDCs, COTI’s offering stands to act as the ideal blueprint for how privacy can be seamlessly integrated into these digital currency systems.
In a recent interview, the company’s CEO, Shahaf Bar-Geffen, emphasized that privacy is not just a “good idea” but a fundamental necessity for the widespread adoption of Web3 technologies.
In this context, it bears mentioning that COTI’s vision extends beyond CBDCs, especially since the company’s privacy-first approach unlocks a host of potential use cases, from decentralized finance (DeFi) and real-world asset management to AI and identity solutions.
Therefore, as the global financial landscape continues to evolve, COTI’s pioneering work in the Digital Shekel Challenge serves as a potent reminder that privacy is not just a buzzword anymore but a critical enabler of a digital future where CBDCs can coexist with conventional payment and transaction channels.
Trump is Back could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Trump is Back (TRUMBACK), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because TRUMBACK is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Trump is Back can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump is Back could become the next viral memecoin.
Trump is Back launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Trump is Back on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump is Back by entering its contract address – BRr3mnisMvqKZhqdhym4rc7a2dHuHVYcm7B4vtqf4e2w – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMBACK.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Binance continues its legal struggle with the U.S. Securities and Exchange Commission (SEC) amid allegations of cryptocurrency-related violations.
On Nov. 4, legal representatives for Binance and former CEO Changpeng “CZ” Zhao submitted a motion to dismiss the SEC’s amended complaint, which added tokens like Axie Infinity Shards (AXS), Filecoin (FIL), Cosmos’ ATOM, The Sandbox’s SAND, and Decentraland’s MANA to its claims.
The SEC initially filed an amended complaint in September, claiming these tokens are securities, an assertion Binance’s legal team disputes.
Binance’s defense argues that the SEC’s claims “fail as a matter of law.” In the motion, Binance’s lawyers contend that the court previously acknowledged that crypto assets could be sold under an investment contract, requiring each transaction to independently meet securities laws.
According to Binance’s lawyers, the SEC’s complaint “pays lip service” to this ruling, which stated, “crypto assets are not in and of themselves ‘securities,’” but disregards the logical outcome: that secondary market sales of these assets do not constitute securities transactions.
Instead, the SEC claims that nearly all crypto transactions — including secondary market resales — are securities transactions based on buyers’ potential expectations of asset appreciation.
In its amended complaint, the SEC clarified that it is not addressing Binance’s initial coin offering (ICO) of BNB, where purchasers were aware they were buying directly from Binance Holdings.
Rather, the SEC alleges that Binance Holdings sold BNB in “blind transactions” on its platforms, where buyers didn’t know they were purchasing tokens from BHL. In crypto, “blind transactions” refer to trades where the buyer isn’t informed of the seller’s identity.
This development in the SEC’s case marks another step in an ongoing legal battle since the SEC sued Binance in June 2023. CZ recently completed a four-month U.S. prison term after pleading guilty to violations of Anti-Money Laundering laws.
Tap-to-earn games are the new sensation in the blockchain gaming ecosystem. According to the latest data, this nascent crypto sector enjoys a market capitalization of $1.4 billion which is quite impressive given that most of the projects have only launched within the past year.
So, what’s the hype all about? The simplicity of tap-to-earn games coupled with the fact that players can easily generate a passive income is perhaps the most appealing factor and a big driver of this trend.
This genre of blockchain-based games rewards players with crypto tokens for simply engaging in activities such as tapping on their screen or completing missions that could range from inviting friends to more engaging gameplays.
It is also worth highlighting that the rise of Telegram’s blockchain gaming ecosystem has played a major role in the adoption of tap-to-earn games. Most of the innovations built in this niche have been deployed on the Telegram Open Network (TON) or as compatible mini apps such that players can seamlessly launch a game within their Telegram interface.
Imagine just tapping on Telegram to earn tokens whose value could skyrocket; that’s the allure of tap-to-earn games. Now, let’s dive into some of the promising projects in this space.
Launched in March 2024, this tap-to-earn game combines a mixture of fun and strategy. The gameplay involves tapping on a digital hamster to earn in-game rewards in the form of digital tokens. Simple, right? That’s just the fun or rather ‘mindless’ part of it, Hamster Kombat’s fundamental gaming model involves a virtual aspect where gamers step into the shoes of a crypto exchange CEO. The goal is to turn the virtual exchange into a tier-1 platform.
By continuously clicking on the Hamster, players earn in-game rewards that can be used to purchase unique mine cards. With these in-game assets, the players can increase their passive earnings by performing strategic functions such as issuing their own token, creating a copy trading system, project crowdfunding, and launching a stablecoin.
In addition, Hamster Kombat’s tap-to-earn ecosystem includes diamond reward points for simple social activities, including following the project’s social channels and inviting more friends. This tap-to-earn game has already attracted over 300 million players with an average of 51 million monthly users since its debut.
This another interesting tap-to-earn game, players earn an in-game currency dubbed FUNZ for simply tapping on their screens. The gameplay is simple; new players are awarded with 500 units worth of energy, each tap uses a single unit and in turn generates 3 FUNZ. More importantly, the 500 energy units are replenished after every 5 minutes which means that players can endlessly be tapping to earn the in-game rewards.
Other notable in-game features include temporary and permanent boosters that players can leverage to perform unique functions such as instantly refilling one’s energy bar, multi-taps and double energy regeneration rates. However, the ultimate gold bar for increasing one’s rewards is not just accumulating more FUNZ, but aiming to collect as many Jokers as possible. These are the gateway to the big giveaways held by Lucky Funatic.
Although a relatively new tap-to-earn game, this project has already attracted over 40k monthly users. It is also worth mentioning that it is part of the larger Funtico Telegram entertainment hub. For context, Functico is a leading web 3.0 gaming platform that supports other popular reward-oriented games such as Formula Functico and Heroes of the Citadel (currently in demo).
Built on the Telegram Open Network (TON) ecosystem, Notcoin is one of the pioneer tap-to-earn games. According to real-time data from Coinmarketcap, the game’s native token currently leads the tap-to-earn space with a market cap of over 700 million while the 24-hour trading volume stands at a cool $75 million.
So, how is this particular game played? The gameplay is pretty much similar to the aforementioned projects, only that in the case of Notcoin, players earn the native $NOT rewards by tapping on a virtual coin. While it may seem like a boring endeavor, the gameplay is very addictive, compounded by other activities like joining leaderboards, completing quests and leveraging available boosts to enhance one’s earnings.
Some of Notcoin’s notable milestones include hitting over 4.1 million players within the first week of launching. The project has also partnered with another mini app Telegram game, Lost Dogs, to introduce a dog-driven theme or gameplay narrative where players can earn both $NOT and $WOOF for engaging in more interactive quests.
Looking Into the Future
Tap-to-earn games are just getting started; unlike their play-to-earn counterparts, this novel area of blockchain gaming innovation does not require one to have technical knowledge to be able to participate. The process is as simple as launching the mini apps through one’s telegram account, after which they can click-to-earn as many times as possible depending on the specific limit set for each game.
This simplicity alone is enough motivation for more people to engage in a tap-to-earn game, either as an activity to pass time, chase some passive income or both. The future of crypto is slowly moving away from hardcore principles such as the utility of the tech to a more community or reward centered ecosystem. This is why unconventional niches such as the tap-to-earn ecosystem and memecoins have been performing well recently.
Donald Beats Kamala could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Donald Beats Kamala (DONALKAM), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days.
This is because DONALKAM is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Donald Beats Kamala can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Donald Beats Kamala could become the next viral memecoin.
Donald Beats Kamala launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Donald Beats Kamala on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Donald Beats Kamala by entering its contract address – HqdUHVtTErRLg2Q5H8t99uepmWDMxNVSVzQwdwFTKV83 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DONALKAM.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Musk Jesus could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Musk Jesus (MUSKJES), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because MUSKJES is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Musk Jesus can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Musk Jesus could become the next viral memecoin.
Musk Jesus launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Musk Jesus on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet, and swap Solana for Musk Jesus by entering its contract address – 5zhfypdSa1V8H4E8xZV29jGiUPY32pyRenwL7XeRQkZU – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance, and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like MUSKJES.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Republican Pepe could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Republican Pepe (PEPEREP), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days.
This is because PEPEREP is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Republican Pepe can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Republican Pepe could become the next viral memecoin.
Republican Pepe launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Republican Pepe on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Republican Pepe by entering its contract address – 6FUxKxZZD1oEz4u5YDfwMzWbJzXaJ5CVxSP4f5Nw1pVd – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPEREP.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Trump Returns could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Trump Returns (TRUMPRET), a new Solana memecoin that was launched today, is set to explode over 18,000% in price in the coming days.
This is because TRUMPRET is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Trump Returns can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump Returns could become the next viral memecoin.
Trump Returns launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Trump Returns on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Returns by entering its contract address – 8ThoCVqBSHnGwBfRCieeLuYL3HkAfnx5GsrkBDPrciK4 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPRET.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Bullish Musk could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Bullish Musk (BULLMUSK), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because BULLMUSK is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Bullish Musk can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Bullish Musk could become the next viral memecoin.
Bullish Musk launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Bullish Musk on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Bullish Musk by entering its contract address – BG32cssmZtApUPiad1faHpwgFZpsKwXff8YN1m18Ga3W – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like BULLMUSK.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Vote for Donald could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Vote for Donald (VOTEDON), a new Solana memecoin that was launched today, is set to explode over 14,000% in price in the coming days.
This is because VOTEDON is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Vote for Donald can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Vote for Donald could become the next viral memecoin.
Vote for Donald launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Vote for Donald on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Vote for Donald by entering its contract address – 5oW1oSWzBemPrH34wzXyksaBvhvbHoza7J6RRSbqdBjD – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like VOTEDON.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.