The firestorm was first kindled when an obscure crypto intelligence firm called Arkham tweeted that it was opening an intelligence exchange where people could post bounties to incentivize blockchain analysts to identify the people or companies behind any wallet or transaction.
Crypto Twitter went veritably ape and lambasted the idea.
Announcing The World’s First On-Chain Intelligence Exchange
Buy and sell information on the owner of any blockchain wallet address—anonymously, via smart contract. pic.twitter.com/4xr7dLvOjp
— Arkham (@ArkhamIntel) July 10, 2023
Decrypt covered the funniest responses that day. Needless to say, Arkham CEO Miguel Morel was keen to clear the air. He sat down with us later in the week over a Telegram call and assured us that his model wasn’t a “dox-to-earn” program and that any harmful uses would not be allowed.
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Author: Tim Hakki
Tip BTC Newswire with Cryptocurrency