As crypto thefts rise, TRM Labs has launched the Beacon Network, the first-ever platform for real-time response to crypto crime.
How Beacon Network Works
The Beacon Network acts like an emergency alert system for crypto-related crimes. When suspicious activity is detected, network members are notified in real-time, allowing them to immediately flag transactions and freeze assets.
The Need for Industry-Scale Protection
The reported $2.3 billion stolen in 2025 highlights the need for more robust and collaborative security systems. High-profile hacks and exploits increase the pressure on companies to safeguard user funds.
Collaboration Against Crime
The Beacon Network represents a shift toward collective defense in the crypto industry. Its adoption by major players indicates a move from competition to cooperation, crucial for preventing losses.
The TRM Labs initiative with Beacon Network may set a standard for protecting digital assets at the industry level, creating a safer environment for all participants.