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.
The Commonwealth Chamber of Commerce: Milestones and Moments Video
It has been little over a year and a half since the Commonwealth Chamber of Commerce came into existence.
The Chamber was set up because right now we are at an immensely important juncture in modern history; now more than ever is the moment for Commonwealth business to realise the benefits of being part of the global network of the Commonwealth family.
Webinar on the Isle of Man: The Exemplary Jurisdiction for Asset Management Recording
Our notable speakers provide a compendium of information on the structure of the territory’s legal system, its financial services and the multifaceted process for relocation. They also discuss the factors and governance frameworks that have led to the success of the leading financial jurisdiction as well as the many incentives that make the Isle of Man such a prime destination for relocation, particularly for internationally mobile families.
South/East Asia StartUp Summit 2022
The international conference focussed on tech-enabled entrepreneurship in Southeast Asia and provided a virtual platform to engage youth with different activities and discussing exciting opportunities being created as the region’s ecosystem continues to thrive and grow!