Bitcoin’s hashrate has been dropping over the last few weeks after the cryptocurrency endured a major sell-off that saw it lose over 40% of its value over a two-day period. Its hashrate is now down 45% from its all-time high.
Binance is launching its own cryptocurrency-backed debit card. The card will launch its Beta version in Malaysia for now and will soon after be available in Vietnam, before rolling out to the rest of the world.
Block.one has absorbed the team of one of the leading initial block producers on the EOS blockchain, EOS New York. The team will work on community outreach initiatives.
Top stories in the Crypto Roundup today:
- Bitcoin's Hashrate Keeps Dropping, Now 45% Below Its All-Time High
- Binance Launches Beta Version of its New Debit Card
- Block.one Absorbs Team From Now-Defunct EOS Block Producer
At the time of writing, bitcoin (BTC) is trading at $6,702.19 (0.91%) with a daily Top Tier volume of $2.49. As for ether (ETH), it is trading at $136.89 (1.08%) with a daily Top Tier volume of $623.46 million. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 2,229.04 (2.08%).