The “criminal” share of activity in cryptocurrency transactions fell to 0.34% - around $10 billion – last year. The figure is much lower than the share seen in 2019 of 2.1%, representing $21.1 billion.
Coinbase has announced it is acquiring Bison Trails, an “early pioneer in fully managed blockchain infrastructure” whose platform helped accelerate the adoption of blockchain technology.
Leading cryptocurrency exchange Binance has burned over 3.6 million BNB tokens, worth nearly $165.8 million, in its latest quarterly burn.
Despite the growing need for crypto scalability, many digital currencies remain relatively slow due to their technical infrastructure. Indeed, blockchain networks can attain formidable speeds, but this entails dealing with several design challenges.
Top stories in the Crypto Roundup today:
- Crypto Transactions Associated With Criminal Activity Fell Dramatically In 2020
- Coinbase to Acquire Blockchain Infrastructure Platform Bison Trails
- Binance Burns $165 Million of BNB in Largest-Ever Token Burn
- HBAR, ENJ, VET Are Moving in the Crypto Market