TRM Labs launched beacon network to Prevent Crypto Crime

CN
3 hours ago

TRM Labs Launched Beacon Network Coinbase, Ripple, and Binance joins

TRM Labs launched Beacon Network: A Game-Changer in Crypto Crime Prevention

A Historic Move Against Crypto Crime TRM Labs launched beacon network. This is happening for the first time in history that  law enforcement and the cryptocurrency sector are collaborating in real time to block illegal assets' escape routes.

Source : X

This project has brought together major exchanges, law enforcement, and stablecoin issuers, to fight against crypto crime or illicit activity in blockchain.

Industry Leaders and Security Experts Joins the Fight

As  TRM Labs launched beacon network to combat cryptocurrency crime, major crypto and finance platforms are forming a new alliance. The collaboration includes Coinbase , Binance, PayPal, Robinhood, Stripe, Kraken, Ripple, Crypto.com, Blockchain.com, Anchorage Digital, Bitfinex, and OKX. Federal law enforcement organizations are also joining the battle, identifying addresses linked to cybercrime and setting off alarms to stop criminal activity.

Source : X

Additionally, security experts and companies such as ZachXBT, Security Alliance (SEAL), Hypernative, and CryptoForensics Investigators are helping to continuously monitor the chain in order to identify fraud, scams, and attacks.

Billions Lost, Billions at Stake

The reason TRM Labs launched beacon network is clear. Since 2023, at least $47 billion of cryptocurrency has been transferred to addresses linked to fraud. In addition, 2025 has also broken records previously held, with cyberattacks stealing  more than $2.3 billion. The actual size is likely much greater because victims often remain silent in shame or lack reporting incidents.


From Reaction to Prevention

Crypto platforms and law enforcement have mostly functioned independently, sometimes responding too late. With advanced laundering procedures, criminal funds may disappear in a matter of minutes. With TRM Labs launched beacon network, the shift moves from reaction to prevention.

Here’s how it works :

  • Real-time alerts for suspicious funds.

  • Flagging of suspicious activity.

  • Rapid response system for flagged transactions.

  • Aims to prevent bad actors from cashing out stolen crypto.

The network's primary characteristic is that only verified users—including law enforcement organizations, carefully screened partners, and security researchers worldwide—have the ability to mark an address as illegal.


Source : X

Stopping Hacks Before They Spread

The necessity of this system became clear after the $1.5 billion Bybit hack earlier this year. In just one month, the stolen funds were funneled through 10,000 transactions, leaving law enforcement scrambling. They now offers the chance to intercept such movements before they disappear into fiat systems.

Public-Private Partnership at Its Best


TRM Labs launched beacon network as part of a continuous attempt to further regulate and mainstream the cryptocurrency sector, which has frequently come under fire for being linked to illegal behavior. A significant step toward protecting and legitimizing the bitcoin system is the cooperation between security agencies and key exchanges.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

发18万U红包+注册送$1,500
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink