ethereum

UnionBank, the largest bank in the Philippines, has become the country's first financial institution to launch its own cryptocurrency and have already completed its first transactions with it, reports The Philippine Star. The cost of the steakbank PHX issued by the bank is pegged to the Philippine peso, and the coin itself works on the i2i platform connecting UnionBank with the provincial banks. “PHX is a repository of value and a medium of exchange. […]

Ethereum, the second most capitalized cryptocurrency after Bitcoin, probably no longer deserves classification as altcoin. This opinion was expressed by analysts of the institutional cryptocurrency exchange San Francisco Open Exchange (SFOX). In its latest report on cryptocurrency volatility, SFOX notes that the current Bitcoin correlation against Ethereum is significantly higher than similar BTC against other altcoins. “It can speak in […]

The post office of the Croatian city of Zadar has launched a pilot program for the exchange of cryptocurrencies for cash. Bitcoin owners, Ethereum, Stellar, XRP and EOS will be able to exchange them for Fiat in one of the post offices. Reported by the Cointelegraph. This opportunity was realized in partnership with Electrocoin, which provides brokerage services in the EU. The service has already been launched in three mail […]