Deep Tide TechFlow News, on August 20, according to Crypto in America, TRM Labs launched the world's first alliance to combat crypto crime called the "Beacon Network", collaborating with exchanges like Coinbase, Binance, Kraken, and traditional financial giants like PayPal and Stripe to establish a 24/7 response mechanism aimed at quickly freezing stolen assets. Data shows that since 2023, at least $47 billion in cryptocurrency has been sent to addresses related to fraud, with over $2.3 billion stolen by 2025.