Arkham Intelligence unveiled a new service earlier this month that promises rewards for cryptocurrency detectives who crack hacks. Two weeks later, Intel Exchange is up and running, with a number of very interesting cases.
Currently, an investigation into a hack of the bankrupt exchange FTX is in the spotlight. Whoever solves the case wins 100,000 ARKM Tokens, equivalent to BRL 250,000.
“During the November 2022 FTX meltdown, FTX representatives reported that a hack resulted in the loss of over $415 million in cryptocurrency”points to the page, describes the case and names three addresses. “The hacker has not yet been identified.”
“Can you identify a person or entity behind this hack?”
Following are three other rewards for those who identify hackers. In order of value, the instances of the winter hat, nomadic bridge It is cream finance. The prices are from BRL 125,000, BRL 25,000 It is BRL 12,500respectively in ARKM tokens.
The only one presenting a proposal for a resolution is the Wintermute case. However, details about the investigation are not available.
Arkham pays to discover addresses of giants like Elon Musk and MicroStrategy
While the platform focuses on solving crimes, it is also possible to find rewards for more random cases. Some of them are aimed at discovering the addresses of celebrities and big companies that invest in Bitcoin.
“Elon Musk, one of the richest people in the world, has been active in the cryptocurrency industry for the past few years. Can you find an address that belongs to Elon Musk?
Whoever solves the case will receive a reward equal to BRL 2,500, but there are only 22 days left before the event is archived.
Other investors that are in the Intel Exchange information marketplace include funds, corporations, and Wall Street giants.
Due to the anonymity of the MicroStrategythe reward is 1,520 ARKM (BRL 3,800). The only condition is that the wallet must hold more than 10,000 BTC. Right now, Michael Saylor’s company has more than 152,000 bitcoins, but no one knows where they are.
Two other campaigns promise a similar price to anyone who specifies the wallets of the Sequoia capitala famous venture capital firm, and grayscaleresponsible for the GBTC.
According to Grayscale itself, the company uses Coinbase’s escrow services to store its ~650,000 bitcoins. That is, the matter seems simple.
Arkham has already paid BRL 23,800 for the resolution of the case related to Do Kwon, founder of LUNA
In a tweet published on Monday (24), Arkham announced the approval of the payment of his first reward. Valued at 9,519 ARKM (R$23,800), the case was linked to Do Kwon, founder of cryptocurrency Terra (LUNA).
“Arkham’s Intel Exchange Approved First Submission: New Evidence from Do Kwon/Terraform Labs Wallets”the company revealed on Twitter. “Anonymous on-chain detective and @ErgoBTC were the bounty hunters who succeeded.”
The Arkham Intel Exchange now has its first approved entry: new evidence of wallets owned by Do Kwon/Terraform Labs.
An anonymous on-chain sleuth and @ErgoBTC were the successful bounty hunters. The new labels can be followed by anyone here: https://t.co/GT9dCGU5q6 pic.twitter.com/0QruCFQ4OS
— Arkham (@ArkhamIntel) July 24, 2023
Finally, Arkham also offers a transaction viewer on its website where you can view the flow of transfers from various companies and individuals.
As an example, the image below shows cryptocurrency movements made by Arthur Hayes, founder of BitMex.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.