Arkham Intelligence Launches Crypto Bounty Intel Exchange Targeting High-Profile Wallet Addresses
- Shams Ul Zoha
- July 19, 2023
- 12:12 pm
WHAT YOU SHOULD KNOW
- Arkham Intelligence’s Intel Exchange, launched on July 18, presents users with an opportunity to earn crypto bounties by identifying high-profile wallet addresses, including those of Elon Musk, Do Kwon, and Sam Bankman-Fried.
- Rewards range from 1,000 to 100,000 ARKM for uncovering various individuals and addressing significant hacks and exploits targeting FTX during its collapse in November 2022.
- The total bounty rewards offered on the marketplace amount to 204,250 ARKM, approximately valued at $134,600 at current market prices.
On July 18, Arkham Intelligence introduced its Intel Exchange, offering users the chance to earn substantial crypto bounties by identifying high-profile wallet addresses. Notable figures such as Elon Musk, Do Kwon, and Sam Bankman–Fried are among the targets of this bounty program. The rewards range from 1,000 to 100,000 ARKM for successfully identifying these individuals’ wallets.
The most significant reward currently available is for unveiling the individual behind an address linked to a hack that targeted FTX during its collapse in November 2022, with a staggering bounty of 100,000 ARKM. Additional bounties are offered for exposing attackers who exploited various platforms, including Wintermute, Nomad Bridge, and Cream Finance. Smaller rewards are also available for identifying corporate addresses associated with prominent firms like Grayscale, MicroStrategy, and Bitwise.
Despite its aims to uncover exploits and fraud related to significant hacks and illegal activities, Arkham’s Intel Exchange has faced criticism and controversy. Concerns have been raised that the platform may be used to “dox” individuals or expose private information. However, Arkham’s leaders have refuted these claims, asserting that the primary objective of the marketplace is not to target individuals but to shed light on security vulnerabilities and fraudulent activities.
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