Successful launch: Arkham Intel Exchange shows 11 entries, including high-profile BTC wallet -TGN

Since its launch on July 10 Arkhamthe pioneering ‘blockchain intelligence company’, has already received 11 submissions of valuable information from various addresses through the world’s first on-chain intelligence exchange’, Arkham Intel Exchange.

This impressive response from diverse users indicates a promising and stable start for the revolutionary bounty marketplace, where individuals can buy and sell blockchain information anonymously.

There are currently 32 active premiums on the marketplace. Of these bounties, 7 were posted by Tron DAO, while Arkham Admin provided most of the remaining bounties.

Interestingly, over 72% of available premiums are valued at 1,000 ARKM, with the lowest being 750 ARKM, which requires finding an address owned by AU21 Capital, a blockchain-focused venture capital firm.

Miscellaneous Bounties: Revealing Crypto Secrets on Arkham Intel Exchange

The bounty covers a wide variety of tasks, such as identifying the public address of Tesla CEO Elon Musk, who premium of 1,000 ARKM.

In addition, bounties are offered for identifying addresses related to Bitwise, a well-known crypto asset manager that manages more than $1 billion in assets, and for tracking down the entity responsible for various exploits such as the Nomad Bridge Exploit and the CREAM Finance Exploit.

Also, the platform currently offers two major premiums. The first one worth 100,000 ARKM and aims to identify the addresses that played a role in FTX’s demise.

The second premium, valued at 50,000 ARKM, is for identifying the person or group responsible for hacking into Wintermute and stealing $160 million in September 2022.

Similarly, there is a bounty with the same reward for identifying an address with a volume of 10,000 BTC owned by Grayscale, a digital asset manager affiliated with the Grayscale Bitcoin Trust, also another one for MicroStrategy, which already has a coercion.

Arkham launch controversy: ethical concerns and market resilience amid data privacy debate

Upon launch, Arkham faced a mixed reaction in the crypto community for its mission to “deanonymize the blockchain”. Concerns arose over its perceived role as a centralized intelligence agency, leading to controversies over potential misuse and data privacy and security.

While the platform accepts anonymous posting and bounties for blockchain information, the implications for individuals and organizations raise critical ethical concerns.

In a Twitter Space session, Arkham CEO Miguel Morel defended the platform against its critics, stating that a lack of privacy is inherent in many blockchains today.

According to Arkham, the platform allows users to place and accept bounties for information related to transactions on the blockchain while maintaining anonymity.

Once a bounty is completed, the entity that offered the bounty gets exclusive access to the data for 90 days. After this initial exclusivity period, Arkham plans to make the data public.

Arkham’s market performance remains strong despite ongoing controversy. The current price is $0.5512, with a trading volume of $28,691,764 in the last 24 hours. However, the market cap is down 7.41% to $82,724,049.

Investors are closely monitoring the platform’s handling of data privacy and security concerns, which could impact the token’s future performance.