TLDR
- Ripple, Coinbase & more unite on Beacon Network to block crypto crime in real time.
- Beacon Network launches as crypto’s united front against illicit transactions.
- Real-time alerts power Ripple-backed Beacon Network to fight blockchain fraud.
- Crypto giants activate Beacon to stop laundering before funds hit exchanges.
- Binance, Kraken join forces via Beacon Network to monitor cross-chain threats.
The crypto industry has taken a decisive step against financial crime with the launch of the Beacon Network. Ripple, alongside Coinbase, Binance, Kraken and other top platforms, has joined the initiative to combat illicit blockchain activity. This collaboration aims to stop bad actors from cashing out stolen funds through real-time monitoring.
Ripple Backs Beacon Network to Strengthen Crypto Integrity
Ripple confirmed its role as a founding member of the Beacon Network, committing to disrupt money laundering schemes before off-ramps occur. This system provides real-time intelligence, helping platforms identify suspicious addresses as they interact with exchanges. Ripple sees this as a milestone in enhancing crypto compliance and building a safer ecosystem.
Ripple is proud to be a founding member of @trmlabs’ Beacon Network — a first-of-its-kind real-time crypto crime response network.
Working with industry & law enforcement, Beacon helps stop illicit funds before they exit the blockchain.
Learn more: https://t.co/6Yp7IpY6Dd https://t.co/EQ0b9yFkks
— Ripple (@Ripple) August 20, 2025
The fintech firm stressed the importance of industry unity in addressing global threats tied to digital assets. With blockchain transactions being traceable yet fast-moving, Ripple believes automation is key to securing the space. Its compliance head emphasized that real-time monitoring makes it harder for hackers to bypass detection.
The company’s support of Beacon Network also aligns with broader regulatory trends demanding faster response tools. By focusing on proactive alerts, Ripple and partners are shifting the sector’s posture from reactive to preventive. This approach marks a significant advance in crypto’s ongoing battle against misuse.
Coinbase Commits to Beacon for Crime Prevention
Coinbase has also confirmed its full participation in the Beacon Network to enhance internal enforcement efforts. The exchange is collaborating directly with law enforcement through the network to block suspect transactions instantly. It believes that the early warning system will accelerate response time and prevent successful laundering.
Coinbase has integrated the network into its compliance tools to screen flagged wallets automatically. This integration allows the company to freeze assets the moment they enter its platform. The goal is to provide seamless cooperation between exchanges and regulators during active incidents.
Coinbase noted that Beacon Network fills a long-standing gap in crypto security infrastructure. While prior methods relied on fragmented monitoring, Beacon enables coordinated actions across the industry. The platform’s real-time alerts improve operational readiness and boost trust in crypto systems.
Binance and Kraken Join the Real-Time Monitoring Drive
Binance and Kraken have both linked into the Beacon Network’s detection systems to bolster defenses across their platforms. This link allows them to receive instant alerts when wallets associated with hacks or fraud begin activity. They can then prevent funds from exiting into traditional financial systems.
Both firms highlighted the platform’s ability to track addresses across multiple chains and services simultaneously. These insights help reduce the risk of cross-chain laundering, which criminals often exploit. By staying ahead of such tactics, the exchanges aim to strengthen user protection.
The exchanges also stated that collaboration through Beacon creates a shared defense layer for the industry. Binance, Kraken, and others are now part of a coordinated network that acts swiftly and effectively. With real-time capabilities, the sector can now respond as threats unfold—not after the damage is done.
