Coinbase Includes Ethereum-Based Intelligence Exchange Token in Listing Roadmap
Coinbase, the leading cryptocurrency exchange in the United States, has added a controversial altcoin project called Arkham to its listing roadmap. This move indicates that Arkham (ARKM) may become tradeable on the Coinbase platform in the future.
About Arkham
Arkham is an intelligence exchange platform where users can place bounties on specific pieces of information. Buyers on Arkham have exclusive access to the intelligence they purchase for 90 days. After this period, the data becomes available to all users.
ARKM Token
The native token of the Arkham project is called ARKM. It was launched for trading on Binance Launchpad in July last year and received an investment from Binance Labs in November. However, the de-anonymizing nature of the project sparked controversy within the crypto community.
The Controversy
Some developers accused Arkham of being a “snitch-to-earn” or “dox-to-earn” service due to its ability to de-anonymize information. However, Arkham released a statement denying these accusations and clarified that their platform does not allow customers to buy off-chain personal information.
Coinbase’s Listing Roadmap
In 2022, Coinbase introduced its listing roadmap to increase transparency and prevent investors from front-running new trading support announcements. By including Arkham in its roadmap, Coinbase is signaling its intention to make ARKM tradeable on its platform.
Hot Take: Coinbase Expands Listing Roadmap with Controversial Altcoin Project
Coinbase’s decision to add Arkham, an intelligence exchange altcoin project, to its listing roadmap has sparked interest and debate within the crypto community. While some see potential in the project’s ability to provide valuable information, others have raised concerns about privacy and the ethical implications of de-anonymizing data. As Coinbase continues to expand its offerings, it is essential for investors to stay informed and evaluate the potential risks and benefits of new listings.
Source: The Daily Hodl
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