The CEO of ArkhamIntel defended its new 'Intel-to-Earn' marketplace saying it was aimed at uncovering scammers and hackers.
The chief of the startup blockchain intelligence platform Arkham has refuted claims by the crypto community that its new “Intel Exchange” is a “snitch-to-earn” or “dox-to-earn” system.
Arkham’s Intel Exchange aimed to “deanonymize the blockchain” by rewarding users with a new token, ARKM, for revealing the identities behind otherwise anonymous blockchain addresses. It was launched on Binance Launchpad as a token sale this week.on Crypto Twitter and was dubbed a “snitch-to-earn” system.
“Publicly available blockchains are probably the worst possible way of keeping one's private information private,” he said before adding that Arkham would retain control of the data:
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