Citibank to Tokenize Customer Deposits For Instant Transfers

Citibank is launching a blockchain-based offering that tokenizes customer deposits for instant transfers. U.S. banking giant Citibank is making a foray into the blockchain space with a new offering that caters to its institutional clients. Dubbed Citi Token Services, the new platform will convert customers’ deposits into blockchain-based tokens that can be instantly transferred anywhere…

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XRP Community Demands an Apology as Cardano Founder Highlights “Backroom Stuff Played Role” During ETH ICO

Top XRP community member demands an apology after Cardano founder Charles Hoskinson admitted that personal relationships and backroom stuff likely influenced SEC’s decision to ignore Ethereum’s ICO. Steven Nerayoff’s recent allegations surrounding the SEC’s engagement with Ethereum during and after ETH’s Initial Coin Offering (ICO) have continued to stir controversies within the broader crypto community. …

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Optimism Begins Third Airdrop Distributes 19.4M OP Tokens To 31K Addresses

Optimism has allocated 19.4 million OP tokens to 31,870 addresses in the Airdrop 3 event. Optimism, the second-largest scaling solution on Ethereum, has announced its third major airdrop. Airdrop 3 was announced just days after Optimism distributed unclaimed funds from the first airdrop. In Airdrop 3, Optimism allocated 19,411,313 OP tokens worth approximately $27 million. According to the team,…

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XRP Needs To Surpass $3.80 to Catch Up to Ethereum $196B Market Cap: Analyst

The XRP community is speculating about the possibility of XRP’s market valuation attaining the current level of the second largest cryptocurrency, Ethereum (ETH). Recently, prominent XRP figure Crypto Assets Guy (CAG) tweeted about a hypothetical scenario of XRP’s market cap growing 650% from $26.11 billion to $196 billion. The XRP influencer argued that the asset…

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