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Crypto Giants Launch #Beacon Network To Freeze Stolen Funds
Major crypto firms, including #Coinbase #Binance #Kraken, #Robinhood and PayPal, have launched the Beacon Network to identify and freeze illicit blockchain funds in real-time.
The cross-sector initiative creates an "end-to-end kill chain for illicit crypto assets" moving from detection to action within minutes rather than days. At least $47billion has been sent to fraud-related addresses since 2023.
Verified members can flag suspicious wallet addresses, trace funds across blockchains and share information with connected services and law enforcement. When flagged funds hit participating exchanges, automatic alerts enable tracking and freezing before withdrawal.
The network has already registered successes, including tracing $1.5 million linked to a global scam and identifying $800,000 in scam deposits at a major exchange. Only verified investigators can flag addresses to prevent system abuse and maintain blockchain security integrity.
$USDC $BNB $SUI
Crypto Giants Launch #Beacon Network To Freeze Stolen Funds
Major crypto firms, including #Coinbase #Binance #Kraken, #Robinhood and PayPal, have launched the Beacon Network to identify and freeze illicit blockchain funds in real-time.
The cross-sector initiative creates an "end-to-end kill chain for illicit crypto assets" moving from detection to action within minutes rather than days. At least $47billion has been sent to fraud-related addresses since 2023.
Verified members can flag suspicious wallet addresses, trace funds across blockchains and share information with connected services and law enforcement. When flagged funds hit participating exchanges, automatic alerts enable tracking and freezing before withdrawal.
The network has already registered successes, including tracing $1.5 million linked to a global scam and identifying $800,000 in scam deposits at a major exchange. Only verified investigators can flag addresses to prevent system abuse and maintain blockchain security integrity.
$USDC $BNB $SUI
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The scale of the grant that TreasureDao's chain game Beacon received from the Arbitrum Foundation back in the day is truly astonishing! Specific data is hard to find, but it is said that there was a subsidy of 9 million ARB coins.
However, the chain game projects in the Asia-Pacific region are slowly realizing that Arbitrum is more friendly to European and American projects, while BNB Chain is more active in the Asia-Pacific region, even though BNB Chain offers almost no subsidies for chain game projects.
It's a pity, yet another well-known project in the chain game track has come to an end.
@TreasureDAO
#Beacon
@Arbitrum Foundation
@BNB Chain
However, the chain game projects in the Asia-Pacific region are slowly realizing that Arbitrum is more friendly to European and American projects, while BNB Chain is more active in the Asia-Pacific region, even though BNB Chain offers almost no subsidies for chain game projects.
It's a pity, yet another well-known project in the chain game track has come to an end.
@TreasureDAO
#Beacon
@Arbitrum Foundation
@BNB Chain
Your funds now get a little more safety ⛔️
#Binance has joined the #Beacon Network as a founding member
A real-time #crypto #crime response system to stop illicit funds and hacks on-chain.
Binance will use its huge user base & liquidity to help trace and block criminals’ funds.
This step makes the #CryptoEcosystem safer and more trusted.
#Binance has joined the #Beacon Network as a founding member
A real-time #crypto #crime response system to stop illicit funds and hacks on-chain.
Binance will use its huge user base & liquidity to help trace and block criminals’ funds.
This step makes the #CryptoEcosystem safer and more trusted.
🚨 $ETH Staked Supply Surges 28% in 2025,
Surpassing 36M Ethreuem Locked in the Beacon Chain Contract.💯🚀
#ETH #Beacon #Ethereum #CryptoNews
Surpassing 36M Ethreuem Locked in the Beacon Chain Contract.💯🚀
#ETH #Beacon #Ethereum #CryptoNews
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