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Arkham Intelligence Launches Controversial On-Chain Intelligence Exchange

Content Summary:

Arkham Intelligence, a blockchain sleuthing company, has released a platform called the Intel Exchange that allows users to post bounties for information on blockchain users. The company also introduced a new ARKM token. The platform operates through smart contracts audited by Quantstamp. Users can request any kind of information, but spam and low-quality submissions are banned. The person who posts the bounty has a 90-day exclusivity period to use the information. After that, it becomes part of Arkham’s public database. The announcement divided the crypto community, with some accusing Arkham of becoming the arbiter of good and evil. The platform could also be used to uncover the identities of whales, potentially putting them at risk.

Key Points:

– Arkham Intelligence has launched the Intel Exchange, allowing users to post bounties for information on blockchain users.
– All transactions on the platform occur through smart contracts audited by Quantstamp.
– There are no limitations on the kind of information that can be requested, but spam and low-quality submissions are banned.
– The person who posts the bounty has a 90-day exclusivity period to use the information.
– The announcement sparked division in the crypto community, with concerns about privacy and the potential targeting of whales.

Hot Take:

Arkham Intelligence’s release of the Intel Exchange platform raises concerns about privacy and the potential for targeting individuals in the crypto community. While the platform aims to create a decentralized intel-to-earn economy, its ability to deanonymize blockchain users has drawn criticism. The doxing of Arkham’s own users through referral links only added fuel to the fire. As the crypto community becomes more aware of the risks associated with revealing personal information, platforms like Arkham Intelligence face an uphill battle in gaining trust and widespread adoption.

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Arkham Intelligence Launches Controversial On-Chain Intelligence Exchange