- Arkham Intelligence has launched an on-chain intelligence program to trace particulars of crypto wallets.
- A person has submitted a large bounty of 1000 ARKM to trace Elon Musk’s pockets.
- Different enormous bounties ask to determine info associated to SBF and Do Kwon’s wallets.
Newest studies have revealed that the general public is investing hundreds of {dollars} to observe the top-tier portfolios of main crypto personalities, together with Elon Musk, Sam Bankman-Fried, and Do Kwon, beneath the intel-to-earn program of blockchain intelligence agency Arkham Intelligence. .
On July 10, Arkham Intelligence shared a Twitter publish saying the world’s first blockchain info change, Intel Alternate, providing people the power to purchase and promote info “anonymously” on any blockchain pockets deal with, by way of a wise contract. The platform permits consumers to gather details about required wallets by inserting bounties and bounty hunters may earn rewards by submitting requested info.
In keeping with a Twitter thread shared by crypto researcher Molly White, a person submitted a large bounty of 1000 ARKM, amounting to roughly $670 to trace info from tech billionaire Elon Musk’s pockets. In a collection of tweets, the analyst criticized the platform’s technique of calling it “sufficient intelligence” as a result of Arkham merely claimed that it could immediately confirm intelligence utilizing proprietary know-how.
People have additionally submitted enormous bounties for uncovering particulars of wallets belonging to the not well-known founding father of crypto change Terraform Labs, Do Kwon, and the disgraced Sam Bankman-Fried, the previous CEO of the crypto firm. FTX fallen crypto. Whereas the reward provided for monitoring Kwon’s portfolios was 10,000 ARKM ($6,587), 1,500 ARKM ($988) was assured for SBF’s portfolio reveal.
In keeping with Arkham Intelligence’s assertion, this system intends to advertise transparency within the extremely hostile crypto surroundings. The platform talked about:
The purpose is to usher in a complete new interval of better transparency in crypto, the place scammers, hackers, dumpers and different harmful actors might be acknowledged extra simply and rapidly – and helpful components of Market valuation, dashboards and analytics might be monetized by their discoverers.
Over the previous few years, the crypto market has witnessed a collection of crypto scams, together with the operation of Wintermute, Cream Finance, and Nomad Bridge. As a part of the on-chain intelligence program, enormous bounties had been provided to uncover the exploiters who stole an enormous sum in these assaults.
