Ripple has signed on as a founding member of the Beacon network, a system built to spot and stop crypto theft as it happens.
It’s a move that puts a big-name company behind a new, automated method for tracking stolen funds. Short answer: it tries to catch criminals before they cash out.
Beacon Offers Real-Time Alerts
According to TRM Labs, the Beacon network watches flagged addresses and follows funds as they move from wallet to wallet and across different blockchains.
The system sends real-time alerts to exchanges and financial firms when suspicious coins approach points where they might be cashed out.
That means transfers can be noticed 24/7, and alerts arrive before funds leave an exchange. It’s not just a fancy tracker; it is made to act as an early warning system for companies th