ChainCatcher Message, Binance announces its membership as a founding member of the Beacon Network, joining the world's first real-time cryptocurrency crime response network. This network is developed by TRM Labs and collaborates with leading companies in the cryptocurrency industry and law enforcement agencies, aiming to prevent illegal funds from leaving the blockchain through real-time intelligence sharing and collaboration. As the world's largest cryptocurrency exchange, Binance's participation will strengthen the security of the crypto ecosystem and promote the long-term growth and adoption of crypto assets.

Binance's Global Chief Compliance Officer Noah Perlman stated: "Blockchain has proven to be one of the most powerful tools in the fight against financial crime. The Beacon Network further promotes collaboration between the public and private sectors, ensuring we continuously reduce the crime rate on the blockchain."