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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Over 115 Billion USDT Used in Southeast Asia's Illicit Activities in 2022: Revealed Bitrace

Bitrace, a blockchain analytics firm, revealed that 115 billion USDT was involved in illegal cryptocurrency activities in Southeast Asia in 2022, highlighting the transparency of blockchain ledgers.

by Jessie A Ellis
Aug 28, 2023

CRYPTOCURRENCY

Over 115 Billion USDT Used in Southeast Asia's Illicit Activities in 2022: Revealed Bitrace

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