- Arkham Intelligence has launched an on-chain intelligence program to trace cryptocurrency pockets info.
- An individual has submitted an enormous reward of 1000 ARKM to watch Elon Musk’s pockets.
- Different enormous bonuses ask for figuring out info associated to SBF and Do Kwon wallets.
Current studies have revealed that the general public is investing hundreds of {dollars} to trace the wallets of distinguished cryptocurrency majors, together with Elon Musk, Sam Bankman-Fried and Do Kwon, as a part of blockchain intelligence firm Arkham Intelligence’s Intel-to-Earn program.
July 10 Arkham Intelligence shared on Twitter. announcement saying the world’s first on-chain intelligence change, Intel Trade, enabling people to “anonymously” purchase and promote info at any blockchain pockets tackle through a sensible contract. The platform permits consumers to gather details about the required wallets by putting bonuses, and bounty hunters can earn rewards for offering the requested info.
Based on a Twitter thread shared by crypto researcher Molly White, an individual has put up a whopping 1,000 ARKM reward, which works out to about $670, to trace info on tech billionaire Elon Musk’s pockets. In a sequence of tweets, the analyst criticized the platform’s technique for “sufficient intelligence,” as Arkham merely mentioned it could instantly check intelligence utilizing proprietary expertise.
People have additionally provided enormous presents to disclose particulars of wallets belonging to the notorious founding father of cryptocurrency change Terraform Labs, Do Kwon, and disgraced Sam Bankman-Fried, the previous CEO of failed cryptocurrency agency FTX. Whereas there was a ten,000 ARKM ($6,587) reward for monitoring Kwon’s wallets, 1,500 ARKM ($988) was assured for exposing the SBF pockets.
Based on an announcement from Arkham Intelligence, this system goals to advertise transparency within the extremely hostile cryptocurrency atmosphere. Platform quoted:
It goals to usher in an entire new period of better transparency in cryptocurrencies, the place scammers, hackers, tippers and varied harmful actors could be recognized extra simply and shortly, and their discoverers can monetize helpful market assessments, dashboards and analytics.
Over the previous few years, the cryptocurrency market has seen quite a lot of crypto scams, together with exploits by corporations comparable to Wintermute, Cream Finance, and Nomad Bridge. A series intelligence program has provided enormous rewards to reveal the exploiters who’ve stolen enormous sums of cash in these assaults.
