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More than one-third of Tuvalu’s population has applied for a ‘climate visa’ to relocate to Australia
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
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Webinar Recording | The Rise of Commonwealth Entrepreneurs: Trials and Triumphs of the Bangladesh Startup Ecosystem
Over the past six years, venture investment in Bangladesh has nearly tripled, reaching over $742 million in May 2022. The Bangladesh startup ecosystem, according to the Global Startup Ecosystem Index 2023, has risen by four ranks to become the 89th biggest startup ecosystem internationally; the capital city of Dhaka, rose a staggering 115 spots to claim 211th place.
Empowering Tomorrow: MSMEs and Sustainable Development in The Gambia
The Commonwealth Chamber of Commerce wishes to invite you to an all-new webinar on the trends and developments taking shape in the business ecosystem of The Gambia, centring on the critical role of MSMEs (Micro, small and medium sized enterprises) for the sustainable economic development of the nation and the role of the Commonwealth in fulfilling this objective.
Webinar Recording | Education and Your Financial Future: A Webinar on Strategic Planning for Commonwealth Higher Education
Financial planning for education enables individuals to take control of their financial future and invest in their personal and professional growth.