Arkham Intelligence Accused of Collecting and Leaking User Data
Crypto reporter Colin Wu reveals that Binance’s IEO project, Arkham Intelligence, has been collecting and leaking private user data. The platform’s blockchain intelligence system has exposed a large number of users’ personal email addresses, leading to criticism from the crypto community. Additionally, Arkham recently introduced a “Dox-to-Earn” program, allowing users to anonymously purchase personal data associated with wallet addresses. Adam Cochran, an executive at Synthetix, shared a comprehensive list of the data collected by Arkham Intelligence, including contact information, interests, marketing data, and even personal device information. The CEO of Arkham, Miguel Morel, claims that the referral links containing user emails were not intended for data collection purposes but solely for communication and referral attribution.
Key Points:
- Binance’s IEO project, Arkham Intelligence, collecting and leaking private user data, including personal email addresses.
- Arkham introduced a “Dox-to-Earn” program, allowing users to purchase personal data associated with wallet addresses.
- Data collected by Arkham includes contact information, interests, marketing data, communication records, transaction data, blockchain addresses, and personal device information.
- The CEO of Arkham, Miguel Morel, clarified that referral links with user emails were not intended for data collection purposes.
- Arkham plans to release a FAQ for users regarding their data usage.
Hot Take:
The revelation of Arkham Intelligence collecting and leaking user data raises concerns about privacy and data protection in the crypto community. The exploitation of personal information without explicit consent undermines trust and highlights the need for stricter regulations in the industry. Users should be cautious when sharing their data with blockchain projects and ensure they understand how their information will be used and protected.
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