Citibank Ordered To Pay $3,500,000 To Customer After Account Drained in Series of Unauthorized Withdrawals: Report

A court in New York has ordered Citibank to pay an elderly customer millions of dollars after around $773,000 was drained from her bank account in a series of unauthorized…

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Tokenized Treasuries skyrocketed 125%, creating this “programmable cash” loop that banks are scrambling to copy

Tokenized real-world assets reached $19.72 billion on Jan. 9, the closest the market has come to the $20 billion threshold. That figure measures distributed assets, which are tokens that circulate…

Continue ReadingTokenized Treasuries skyrocketed 125%, creating this “programmable cash” loop that banks are scrambling to copy

Velo Expands Global Footprint as Orbit Plus Debuts in 15 Countries With RWA and Settlement Focus

Velo said Orbit Plus launched on iOS and Android across 15 countries, using device-stored private keys. Orbit Plus links PayFi settlement with RWA tokenization and works alongside EVOLVE and Lightnet.…

Continue ReadingVelo Expands Global Footprint as Orbit Plus Debuts in 15 Countries With RWA and Settlement Focus