In time, it is hoped that members of the alliance will be able to share and access real-time intelligence on hacks, scams and other malicious activity in private—meaning sensitive information concerning users and businesses doesn’t need to be shared with rivals. It’s hoped that there will be a better chance of safeguarding funds as a result.
Crypto scams and hacks are still rampant — can Binance succeed where others have failed? (Photo: Binance)