News & Events
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Binance launches global ‘Crypto Cops’ training to combat exploding wave of Web3 crime
Binance has launched an ambitious global training initiative to cultivate a new generation of “crypto cops” equipped to combat the rapid surge in Web3-related criminal activity.
The law enforcement training program is led by Binance’s Head of Law Enforcement Training, Jarek Jakubcek, with recent sessions held in Thailand and South Korea. This comes at a time when blockchain security data reveals 2024 could be the worst year for crypto-related crime, with over $3 billion in annual losses projected.
However, Binance’s Financial Intelligence Unit has reported that illicit transactions account for less than 1% of total crypto volumes, despite criminals becoming increasingly sophisticated. These include ransomware attacks, large-scale investment scams, and state-backed hacking groups.
The fundamental challenge facing law enforcement in Web3 stems from incompatible operational frameworks. Traditional policing, reliant on physical evidence and jurisdictional boundaries, must adapt to the natively online, decentralized environment of the crypto ecosystem.
Binance’s training programs address this gap by teaching officers to think beyond geographical constraints. These “crypto cops” possess a deep understanding of blockchain technology and utilise cutting-edge investigative tools, becoming crypto users themselves to better comprehend digital asset crimes.
Recent training initiatives in Thailand and South Korea have brought together law enforcement from multiple countries, focusing on public safety, trust-building, and cross-border cooperation in Web3 security. Binance’s response includes implementing advanced screening against global sanctions lists, real-time transaction monitoring using machine learning, and collaboration with law enforcement worldwide to ensure detected criminal behaviour is properly addressed.
Read the original article here: https://cryptonews.com/news/binance-launches-global-crypto-cops-training-to-combat-exploding-wave-of-web3-crime/
Maldives: President extends Independence Day greetings to Seychelles
India emerges as top contender to host 2030 Commonwealth Games after major setback to Canada’s bid
Bangladesh’s Mega Projects: Reviving the economy amidst COVID-19
Bangladesh’s economy is showing its potential through these mega projects. Government officials and experts say that if these Mega Projects can be implemented, Bangladesh’s status in the world court will increase.
Access Asia: Bangladesh, Sri Lanka & Pakistan Offer New Combinations For Regional Supply Chains
Pakistan, Bangladesh and Sri Lanka are all near neighbours in South Asia, orbiting around the influence of India. All four share common ties both in terms of their history with the United Kingdom and through more recent ties through membership of the SAARC trade bloc.
How the Commonwealth is championing teamwork and vaccine equity
Dr. Hasan discusses the COVID pandemic and the Commonwealth’s part in the global recovery effort, especially vaccine equity and sharing of technology, via platforms like the ACT Accelerator, CPA, and CHPA.
Pacific Leadership in a Global Context: A Conversation with John Loau | Webinar Recording
In a recent webinar hosted by Julia Charlton, John Loau, chair of the National Party’s Pacific branch in New Zealand, shared insightful perspectives on Pacific leadership in a global context. Highlighting Samoa’s historic hosting of the 2024 Commonwealth Heads of Government Meeting (CHOGM)
Blockchain Security & Stablecoins: Emerging Standards in the Commonwealth
Join the Commonwealth Chamber of Commerce for an insightful virtual discussion focused on blockchain security and the rising impact of stablecoins across Commonwealth nations.
Pacific Leadership in a Global Context: A Conversation with John Loau
We are delighted to invite you to an upcoming webinar featuring distinguished Pacific leader John Loau, Chair of the Pacific Blues, who will share invaluable insights on Pacific leadership in today’s global landscape.
Environmental, Social and Governance (ESG): Growth and Opportunities in the Commonwealth
ESG in full refers to “(E)nvironmental, (S)ocial and (G)overnance” principles. While no official definition of ESG exists, it is agreed to be a holistic management framework of standards for all business-centric stakeholders involved in the structuring of organisations to understand and measure how well their companies/institutions are performing to offset risks and harness opportunities related to environmental, social and governance indicators.
The Commonwealth Blue Charter: Progress Report
This progress report was released on 16 June 2022 by the Commonwealth Secretariat’s Oceans and Natural Resources Section, with notable contributions from David Sheppard, the Director of the Secretariat of the Pacific Regional Environment Programme (SPREP); Matthew Goldie-Scot, the Managing Director of the humanitarian strategic consultancy firm Thuso; and, Nina Schoonman, Consultant at Thuso.
The Commonwealth Blue Charter: Ocean Action Report
In May 2022, Asia Investment Research, a research organisation jointly set up by the investment finance firm China Investment Research and Dezan & Shira Associates, issued a special Economics and Trade feature titled “Bangladesh Trade, Development & Economic...
Rethinking Gender Parity and FDI
Gender disparity is arguably one of the greatest impediments to global development. The FDI’s landscape is often an overlooked avenue in gender equality discourse. Yet, it propels tapping equally into the reservoir of capabilities.
Unveiling Rwanda at the Inclusive Fintech Forum 2023: A Journey of Progress and Innovation
Hello Rwanda! Like always, it has always been my pleasure to visit here. I can truly say now that it is one of my favorite places in the world. I mean I’ve never been in love with a country more than this landlocked country bordered by Uganda to the north, Tanzania to the east, Burundi to the south, and the Democratic Republic of Congo to the west.
23rd Commonwealth Law Conference 2023
Did you know the first Commonwealth Law Conference was held in London in 1955, and since then it has been held in various cities across the Commonwealth, including Singapore, Cape Town, Auckland, and Edinburgh. The most recent conference was held in Goa, India.