Breaking News
Binance Honored by Singapore Police Force for Collaborative Cybercrime Prevention Efforts
Binance, the global blockchain ecosystem behind the largest crypto exchange by trading volume, is proud to announce that it has received an appreciation award from the Singapore Police Force (SPF) for its proactive contribution in the fight against cyber threats. This recognition reinforces Binance’s dedication to remaining at the forefront of industry efforts to build a safe and secure financial ecosystem for all.
The award was presented by SPF’s CyberCrime Command (CCC) during this year’s Alliance of Public PrivAte Cybercrime sTakeholders (APPACT) networking dinner held last week on March 11, 2025. The APPACT Appreciation Awards recognize private companies for their efforts and partnership with the SPF CCC in capability building and their contributions to detecting and preventing cybercrime. This award underscores the important role that private sector players, such as Binance, play in combating emerging cybersecurity threats in Singapore.
The Guest of Honor at the dinner, Mr Zhang Weihan, Acting Deputy Commissioner (Investigation & Intelligence) and Director of the Criminal Investigation Department (CID) of SPF, gave an opening speech where he directly expressed appreciation to various private sector entities, including Binance, for their analytical and operational support in cases handled by the Singapore Police Force.
Binance received the award this year alongside 17 other companies. Award recipients also include tech giants like Google, Mastercard, Meta, Microsoft, and PayPal.
On receiving the award, Akbar Akhtar, Binance’s Head of Investigations for APAC, shared: “Receiving the APPACT Appreciation Award is an honor for Binance, and we are deeply grateful to the Singapore Police Force for recognizing our team’s efforts in combating cybercrime. At Binance, we have always believed that effective security requires collaboration. That is why we are constantly looking for opportunities to directly engage with both law enforcement agencies and industry players to create a digital environment where everyone feels safe, comfortable, and protected.”
This latest recognition places a spotlight on Binance’s broader and ongoing efforts to combat illicit activity and build strong public-private partnerships in all parts of the world. In fact, it has been a particularly active month for Binance in Southeast Asia. Earlier this month, Binance also received an appreciation from Thailand’s Central Investigation Bureau (CIB) for contributions to Operation Cyber Guardian. Additionally, Binance was recently honored with an appreciation medal from the Directorate of Cyber Crime of Indonesia for its long-term support for the unit.
In 2024, Binance responded to nearly 65,000 requests from law enforcement agencies worldwide. Moving forward, Binance remains committed to working collaboratively with both public and private players to ensure the digital sphere remains safe and secure for all.
People In This Post
Companies In This Post
- What Are the Main Challenges That Banks Face in the Area of Asset-Based Lending? | Secure Trust Bank’s Managing Director, James Hodkinson Read more
- Fintech Week London Reimagines Flagship Conference for Fifth Anniversary: Introducing London Fintech Summit 2025 Read more
- What makes FTT stand out from other fintech events? | FF News at FTT Payments 2025 Read more
- Insurtech Insights USA 2025 Returns with the Industry’s Most Influential Gathering of Innovators and Executives Read more
- Monzo Sweeps 2025 British Bank Awards with Three Major Wins, Voted For by Customers Read more
Ripple Builds on Dubai Regulatory License to Announce Zand Bank and Mamo as First Blockchain-Enabled Payments Clients in the UAE
Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced two new customers in the UAE utilizing Ripple Payments. Ripple Payments employs blockchain, digital assets, and a global network of payout partners to deliver fast, transparent, reliable cross-border payments and on/off ramps for banks, crypto companies, and fintechs worldwide.
Gnosis Completes $15M Acquisition of Headquarters (HQ.xyz) to Accelerate Onchain Business Banking, Marking Expansion to Asia
Gnosis has acquired Headquarters (HQ.xyz), the leading onchain business account platform, in a strategic move to accelerate its Gnosis 3.0 roadmap. The deal includes an initial investment of up to USD 8.95 million from the GnosisDAO treasury, approved through a DAO vote in January. In parallel, Gnosis Ltd. has committed an additional $6 million in working capital to support the growth, compliance, and operations over the next two years - bringing the total acquisition investment to $14.95 million, making it one of largest acquisitions from the Gnosis ecosystem to date.
Coinpayments and Jetcraft Forge Landmark Partnership to Revolutionize Business Aviation Payments With Cryptocurrency
CoinPayments Inc, a pioneer in digital payments since 2013 and partner of the Stake Sauber Formula 1 Team for the 2025 season, has today announced a groundbreaking partnership with Jetcraft, the global leader in business aircraft sales, acquisitions, and trades. Through the blockchain-based collaboration, Jetcraft clients will benefit from streamlined transactions, faster escrow processes, and enhanced purchasing experiences.
Midnight Foundation Launches to Support Growth of Privacy Network, Bringing Traditional Finance onto the Blockchain
Today marks the official launch of the Midnight Foundation, an organization committed to supporting the growth of the Midnight blockchain ecosystem. Midnight is a platform enabling decentralized applications that deliver rational privacy - programmable data protection with selective disclosure. The Foundation’s core mission is to foster a thriving developer community, expand access to Midnight’s privacy-first technology, and guide the network’s evolution toward full decentralization.
Bitget Wallet and Reserve Launch Onchain Index Fund
Bitget Wallet, the leading non-custodial crypto wallet, has integrated Reserve's Decentralized Token Folios (DTFs), introducing a new onchain index fund experience to retail crypto users. DTFs allow users to gain exposure to a diversified set of digital assets through a single token, removing the need to manage multiple positions individually.
Bybit Hits 70M Users as It Accelerates Institutional Adoption and Global Compliance
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced it has surpassed 70 million registered users, a milestone that highlights the platform’s sustained global growth and deepening trust among both retail and institutional clients. This achievement underscores Bybit’s robust market presence and its steadfast commitment to security, compliance, and product innovation.
Bitget Wallet Launches In-App Crypto Shopping Across 300+ Global Brands
Bitget Wallet, the leading non-custodial crypto wallet, has launched "Shop with Crypto," a new in-app marketplace enabling users to spend cryptocurrencies directly on goods and services. The service removes the need for fiat conversion, offering a streamlined crypto-native checkout experience from within the wallet.
What Are the Main Challenges That Banks Face in the Area of Asset-Based Lending? | Secure Trust Bank’s Managing Director, James Hodkinson
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Fintech Week London Reimagines Flagship Conference for Fifth Anniversary: Introducing London Fintech Summit 2025
For its fifth anniversary, Fintech Week London (FTWL) has partnered with Trescon to reimagine the annual flagship conference by launching the new annual London Fintech Summit, a premier global platform bringing together financial leaders, investors, policymakers, and innovators to shape the future of fintech.
What makes FTT stand out from other fintech events? | FF News at FTT Payments 2025
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Insurtech Insights USA 2025 Returns with the Industry’s Most Influential Gathering of Innovators and Executives
Insurtech Insights USA 2025, the largest and most influential gathering of insurance decision-makers in North America, returns to the Javits Center in New York City on June 4–5, 2025.
Monzo Sweeps 2025 British Bank Awards with Three Major Wins, Voted For by Customers
Leading digital bank Monzo has been named ‘Best British Bank’ at the 2025 British Bank Awards, alongside wins for ‘Best Banking App’ and ‘Best Children’s Financial Provider’.
Banks Expect to Lose Millions in Interest Due to SEPA Instant, but Believe Benefits Outweigh Costs
New research from RedCompass Labs, the global experts in payments modernisation, reveals that nearly half of European banks (47%) expect to lose millions in interest due to new liquidity demands under the SEPA Instant Payments Regulation.
CIMB Bank Taps ACI Worldwide to Advance Payment Transformation
ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced that CIMB Bank, one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, has chosen ACI’s payment solution to converge all account-to-account transactions—real-time, ACH, RTGS and cross-border—onto a single future-proof payments platform.