Binance becomes a founding member of Beacon Network, jointly building a real-time encrypted crime response network According to Binance, it has joined the Beacon Network developed by blockchain analytics company TRM Labs, becoming a founding member of the first real-time encrypted crime response network. This network aims to prevent illegal funds from leaving the blockchain by connecting exchanges, stablecoin issuers, and law enforcement agencies to share intelligence in real-time. Beacon Network utilizes the transparency and speed of blockchain to provide users with stronger security guarantees. Binance stated that this move will further enhance trust and security in the cryptocurrency industry, supporting the long-term growth and global adoption of digital assets.