Arkham Intelligence has revealed what they claim is “the world’s first on-chain intelligence exchange,” according to reports on July 18th.
In a video, Arkham claims that its platform will enable users to securely and anonymously trade information regarding the address identities of different crypto wallets using smart contracts.
Establish contacts
On July 18, the completion of the Arkham Beta made headlines as it opened Arkham Intel Exchange to all users.
The on-chain intelligence marketplace aims to connect analysts, traders, journalists, and researchers on-chain, bridging the gap within the crypto world.
This week, the Arkham Foundation launched its Arkham token (ARKM). It first went on sale on the Binance Launchpad and sold for $0.05.
(embed) https://www.youtube.com/watch?v=qvegELPRXR4 (/embed)
Binance said the Arkham token sale was unique because it included measures to protect users from market volatility.
Initially, the launch price was $0.50 per token, which is 10 times higher than the public sale price within the first five minutes.
However, ARKM was later listed for $0.75.
ARKM is trading at $0.602, down 10.02% in the last 24 hours.
As of July 19, 150 million ARKMs are in circulation, and 850 million will be unlocked over eight years as part of the maturity schedule.
Arkham Checks
Despite the initial success, Arkham was under a microscope.
On July 12, cryptocurrency reporter Colin Wu alleged that a large amount of user data, including personal email addresses, had been hacked.
More accusations have been made against intelligence across the chain of the platform’s trading system, claiming it violates personal privacy rights.
These revelations sparked discussions about the handling of sensitive user information, as well as a previous affiliate campaign that improperly used personal email addresses in every link.