News & Events
Stay up to date on all our exciting new events and view past webinars and podcasts with instant playback.
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
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Webinar on Commonwealth Youth Driving Innovation to Tackle Food Insecurity in Fiji | 16th Feb 2023 Recording
During the online discussion, Rinesh talks at length about how his experience with lack of access to nutritious food during his childhood and subsequently the devastating effects of COVID-19 spurred him into action to create a sustainable and affordable means of food cultivation for Fijians struggling with the effects of the downturned economy.
Metaverse Use Cases And Benefits
Metaverse Use Cases And BenefitsThe Commonwealth Chamber of Commerce is delighted to invite you to an all new collaboration with the Meta Intelligence Group and Rave.Space Asia for a webinar on the exciting new realms of the Metaverse! By 2028, the global market for...
Commonwealth Pathways for Tackling Climate Change- the Fiji Story
The Commonwealth Chamber of Commerce is delighted to present to you an all new and unprecedented event on the Commonwealth Pathways for Tackling Climate Change- the Fiji Story.