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Binance Teams Up with INHOPE to Fight Online Child Exploitation Through Blockchain Technology

Binance Teams Up with INHOPE to Fight Online Child Exploitation Through Blockchain Technology

Published:
2025-07-22 08:04:19
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In a significant move to enhance global child protection efforts, Binance, the world's leading cryptocurrency exchange, has announced a strategic partnership with INHOPE, a global network dedicated to combating child sexual abuse material (CSAM). This collaboration aims to harness the transparency and advanced investigative capabilities of blockchain technology to tackle online child exploitation more effectively. As digital asset adoption continues to rise, concerns about potential misuse in illicit activities have also grown, prompting industry leaders like Binance to take proactive steps. The partnership underscores Binance's commitment to leveraging its technological expertise for social good, setting a precedent for the cryptocurrency industry. By integrating blockchain's immutable ledger and traceability features, the initiative seeks to disrupt the distribution of CSAM and support law enforcement agencies worldwide. This development highlights the expanding role of blockchain beyond finance, showcasing its potential to address critical societal challenges. The collaboration also reflects the growing emphasis on corporate social responsibility within the crypto sector, as major players increasingly align their operations with broader humanitarian goals. As of July 2025, this partnership represents one of the most ambitious applications of blockchain technology for social impact, potentially paving the way for similar initiatives across the industry.

Binance Partners with INHOPE to Combat Online Child Exploitation Using Blockchain

Binance, the world's leading cryptocurrency exchange, has announced a strategic collaboration with INHOPE, a global network combating child sexual abuse material (CSAM). The partnership aims to leverage blockchain's transparency and advanced investigative tools to enhance child protection efforts worldwide.

The initiative comes as digital asset adoption grows, raising concerns about potential misuse in criminal activities. Binance's compliance team will work closely with INHOPE and law enforcement agencies to track and disrupt financial flows linked to CSAM distribution.

Binance has integrated sophisticated blockchain analytics into its monitoring systems, enabling precise tracking of suspicious transactions. The exchange's existing compliance framework includes partnerships with international law enforcement and child protection organizations.

Binance Altcoin Trading Volume Surges Past $100B, Highest Since February

Binance Futures recorded $100.7 billion in altcoin trading volume in a single day, marking the highest level since February 3, 2025. The spike follows five months of subdued activity and coincides with Bitcoin reaching a new all-time high. Altcoins now dominate 71% of Binance's futures trading volume, while Bitcoin accounts for just 25%.

CryptoQuant analyst Maartunn attributes the surge to retail investors re-entering the market—a pattern historically observed after bitcoin breaks records. Binance had previously reported altcoins comprising 78% of total volume in January, an 11% increase from May 2024.

The exchange continues to solidify its position as the preferred platform for derivatives traders, with the altcoin rally underscoring renewed risk appetite among market participants.

DEX Market Share Hits Record High as CEX Volume Drops 28% in Q2

Decentralized exchanges (DEXs) surged ahead in Q2, with trading volume climbing 25% to $876.3 billion. Meanwhile, centralized exchanges (CEXs) saw a 28% decline, settling at $3.9 trillion. The DEX-to-CEX volume ratio reached an unprecedented 0.23, signaling a shift toward on-chain trading.

PancakeSwap dominated the DEX landscape, processing $392 billion in trades—nearly half of all decentralized activity. Its five-fold growth was fueled by Binance's May launch of Binance Alpha, which Leveraged PancakeSwap's infrastructure. This partnership propelled BNB Smart Chain past Ethereum, Solana, and Base as the quarter's most-utilized blockchain.

Major CEX platforms reported declines, though specific figures were not disclosed. The data underscores a broader trend: investors increasingly favor transparent, on-chain execution over traditional centralized models.

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