Goldman Sachs to launch three tokenization projects.

Goldman Sachs is set to launch three tokenization projects targeting institutional clients, focusing on permissioned networks and private blockchains due to regulatory concerns. Goldman Sachs is gearing up to introduce three significant tokenization projects by year-end as part of its… origin »

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Multichain ordered to compensate Fantom Foundation $2.18M.

The High Court of Singapore has ordered that the Multichain Foundation, a prominent cross-chain router protocol, compensate the Fantom Foundation, a leading layer-1 platform, with $2.18 million. This ruling follows a devastating Multichain hack in July 2023 that resulted in the loss of over $210 million in assets across various chains. The Multichain hack impacted […] origin »

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Payeer fined €9.3m for sanctions evasion.

Lithuania has imposed a €9.3 million ($10.07 million) fine against local cryptocurrency firm Payeer over sanctions violations, Reuters reported on Wednesday. Specifically, Lithuania’s financial crimes watchdog, the Financial Crimes Investigation Service (FNTT), penalized the regulated crypto company for facilitating the… origin »

CBDCs have a big problem.

From the Bahamas to Nigeria, China to Jamaica, a common theme unites countries that have rolled out their own CBDC: very few people actually use them. Around the world, major economies are in an urgent race to launch their very… origin »

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