On-chain information supplier Arkham Intelligence has started a marketplace that volition fto radical to bargain and merchantability on-chain cryptocurrency data.
The marketplace, dubbed the Arkham Intel Exchange, volition diagnostic a autochthonal token (ARKM) that is designed to "deanonymize the blockchain."
The token volition beryllium issued connected the Binance Launchpad with 50 cardinal tokens being up for sale, which equates to 5% of the full supply. Each idiosyncratic volition beryllium capable to acquisition $15,000 worthy of ARKM tokens successful the merchantability which runs from July 11 to July 17.
Arkham's caller level uses a bounty mechanics that lets users station "bounties" for sought aft data, blockchain researchers and sleuths tin past root and supply accusation successful instrumentality for the initially pledged bounty.
Cryptocurrency hacks and exploits broke records past twelvemonth with billions of dollars worthy of integer assets being stolen from cross-chain bridges, decentralized concern (DeFi) protocols and exchanges.
Arkham aims to combat the proliferation of crypto hacks by incentivizing on-chain research, though concerns person been raised by several privateness advocates connected Twitter.
Arkham has raised implicit $10 cardinal from 2 rounds of equity financing with the latest equity circular astatine $150 million, according to Binance's probe page. Whilst 5% of token proviso is allocated to the token sale, 20% volition spell to halfway contributors, 17.5% volition spell to investors and 17.2% volition beryllium enactment towards the instauration treasury.
Edited by Parikshit Mishra.