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February 11, 2019

Bank Launches Bitcoin and Crypto ATMs, XRP Ledger Hits 1.5 Million Accounts, and Tron’s New Airdrop Begins

By Daily Hodl Staff

Crypto ATM Adoption

One of the biggest banks in the Philippines is introducing cryptocurrency to its customers. UnionBank is installing crypto ATMs that allow customers to purchase and sell digital currencies for cash.

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According to local news outlet Philstar

“In the bank’s continued quest to cater to the evolving needs and tastes of customers, including clients who use virtual currency, the ATM will provide these clients an alternative channel to convert their pesos to virtual currency and vice versa.”

The leading Philippines bank has over 300 branches, and is reportedly working with the central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), to make sure the ATMs are fully compliant. Pictures that appear to show one of the bank’s Bitcoin ATMs, located at the main branch, are popping up on social media.

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XRP Ledger Hits 1.5 Million Wallets

The XRP ledger has quietly hit a new milestone. According to the XRP stat tracker Ledger.exposed, more than 1.5 million wallets have now been created.

According to Blockchain.com, there are currently 33 million Bitcoin wallets in existence. As for Ethereum, 56 million wallets have been created, according to Etherscan. That number includes all of the addresses created by smart contracts.

Tron’s BitTorrent Token Airdrop Begins

Tron CEO Justin Sun says the first of many BitTorrent Token airdrops has commenced.

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The 10 billion tokens handed out today represent about 1.1% of the total circulating supply.

You can check out more details on the airdrop schedule here.

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