New Crypto Opportunities on Arkham Intel Exchange
The Arkham Intel Exchange has introduced an exciting update that allows users to track entity labels and engage in hacking activities using ARKM, the native currency of the platform. This update represents a significant step forward in creating a decentralized intelligence economy where information can be exchanged for ARKM.
Key Points:
- Users can now sell address information directly on the platform without offering a bounty.
- Interested buyers can enter a reward, while sellers can offer information through auctions.
- All information sold on the platform is vetted by the Arkham Foundation for credibility and validity.
- Listings of information for sale can be handled through auctions or fixed prices.
- Information for sale must comply with Intel Exchange Guidelines and be supported by context and adequate research.
Robinhood as the Fifth Largest Holder of ETH
In a recent report, Arkham Intelligence identified Robinhood as the fifth-largest holder of Ether (ETH) with a portfolio totaling about $2.54 billion. This finding was overlooked as attention was focused on Robinhood’s announcement regarding its possession of the third-largest Bitcoin wallet.
Key Points:
- Robinhood’s ETH wallet contains several other cryptocurrencies, including BTC, Shiba Inu, Chainlink, and Avalanche.
- Despite its significant role in equity trading, Robinhood’s cryptocurrency trading business experienced a decline in revenue in the second quarter.
- Robinhood recently expanded its wallet to include the ability to store, send, and receive Bitcoin and Dogecoin.
- The expansion was a response to user requests and aims to provide self-custody services for various tokens.
- Robinhood’s wallet initially focused on Polygon and Ethereum networks.
Hot Take
The new opportunities offered by the Arkham Intel Exchange create a decentralized marketplace for intelligence where information can be exchanged using ARKM. This democratizes access to valuable information and opens up possibilities for new research, tracking, and hacking activities. Additionally, the revelation of Robinhood as a significant holder of ETH highlights the platform’s growing presence in the crypto space and its response to user demands for expanded wallet functionalities.
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