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One of the largest blockchain networks was hit with instability during a particularly bad week for crypto, which a leaker claims was caused by fluctuating cryptocurrency prices.
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Bitcoin dropped to a three-month low recently and its movement has closely mirrored financial markets in its decline.
(Reuters) - Bitcoin dropped 5.6% to $34,448.94 at 18:10 GMT on Saturday, losing 1,878.27 from its previous close.
A US House hearing on the environmental impact of cryptocurrency mining found the industry to be "deeply concerning", with two main currencies generating as much pollution as 15.5 million cars' emissions.
(Reuters) - Bitcoin dropped 9.28% to $36,955.03 at 22:02 GMT on Friday, losing $3,781.02 from its previous close.
Union Bank of the Philippines plans to offer trading and custodial services for cryptocurrencies to capitalize on fast adoption of digital tokens in the Asian nation.
(Reuters) - Robinhood Markets Inc is rolling out crypto wallets to a 1,000 users, allowing them to send and receive cryptocurrencies through their brokerage accounts, the company said in a blog post on Thursday.