Sanctions & Crypto Crime - US Treasury Department sanctions North Korean bankers involved in global crypto crime operations [1] - The sanctioned individuals are tied to a web of North Korean financial activities [1]

AML & Regulatory Landscape - Coinbase argues that existing Anti-Money Laundering (AML) rules are ineffective [1] - The company advocates for technological solutions to combat cryptocurrency-related crime [1] Cryptocurrency & Technology - The report emphasizes the need for updated technological approaches to address crypto crime [1]

Ukraine Has Lost At Least $10B to Crypto Crime: RUSI► https://t.co/4hntfEfYgD https://t.co/4hntfEfYgD ...

Key Initiative - Crypto industry launches Beacon Network to combat crypto crime, aiming to detect and freeze illicit funds in real-time [1] - Beacon Network links crypto exchanges, payment firms, security researchers, and law enforcement agencies [2] - The network enables verified members to flag suspicious wallets, trace funds, and trigger instant alerts [2] Security & Compliance - The initiative aims to shift the industry from slow reactions to proactive interdiction [3] - Participating platforms can block withdrawals and preserve evidence for investigators [2] - Beacon Network is described as a "safe, trusted marketplace" and a "true early-warning system" [3] Financial Impact & Estimates - TRM estimates over $47 billion flowed to fraud-related addresses since 2023 [3] - $2.3 billion was lost to hacks in 2025 alone [3] Industry Collaboration - Beacon Network marks the industry's largest coordinated effort to safeguard crypto's financial rails [4] - The initiative unites rivals and regulators in real-time defense [4]

COMMENT: Verified members can flag risky wallets, track fund movements, and get instant alerts when stolen assets hit partner exchanges or services.BSCN (@BSCNews):TRM LABS, COINBASE, BINANCE AND OKX LAUNCH BEACON NETWORK TO COMBAT CRYPTO CRIME- A coalition of crypto exchanges, payment firms, and security researchers has launched the Beacon Network, a real-time system designed to detect and freeze illicit funds before they can be https://t.co/pp4zHO87LE ...

TRM LABS, COINBASE, BINANCE AND OKX LAUNCH BEACON NETWORK TO COMBAT CRYPTO CRIME- A coalition of crypto exchanges, payment firms, and security researchers has launched the Beacon Network, a real-time system designed to detect and freeze illicit funds before they can be laundered.- Led by @TRMLabs, the project links @Coinbase, @Binance, @Krakenfx, @PayPal, @Ripple, @RobinhoodApp, @Cryptocom, @OKX, and others with global law enforcement. Security sleuths like ZachXBT and SEAL are also onboard.- The network al ...

Industry Collaboration - TRM Labs, Coinbase, and Binance launch the Beacon Network, a real-time crypto crime response system [1] Security Enhancement - The Beacon Network aims to improve crypto crime response [1]

Industry Collaboration - The crypto industry is launching the Beacon Network, the world's first real-time crypto crime response network [1] - The network facilitates collaboration among exchanges, payment firms, law enforcement, and researchers [1] Crime Prevention - The Beacon Network aims to track and freeze illicit funds within minutes [1] - TRM Labs, Coinbase, and Binance are among the participants in the network [1]

🚨 LATEST: TRM Labs launches Beacon Network, the first real-time crypto crime response network.The platform collaborates with major exchanges including Coinbase, Binance, and Kraken to stop illicit funds from cashing out, as 2025 sees record $2.3B stolen from crypto ecosystem. https://t.co/gZIERzvyOB ...

Industry Collaboration & Security Initiatives - HTX joins TRM Labs as a founding member to launch the Beacon Network, a real-time crypto crime response network [1] - The Beacon Network aims to build an "iron wall" for the industry and safeguard the future of crypto [1] - The initiative involves collaboration with global partners including Coinbase, Binance, PayPal, Robinhood, Stripe, Kraken, Ripple, CryptoCom, Zodia Custody, Blockchain, Anchorage, Bitfinex, Poloniex, OKX, and 1inch [1] Focus on Crypto Security - HTX is committed to building an "iron wall" for the industry and safeguarding the future of crypto [1] - The industry emphasizes the importance of crypto security through collaborative efforts like the Beacon Network [1]