Arkham’s blockchain intelligence market has recently made a significant move. Accordingly, he made a remarkable entry into the cryptocurrency market with the launch of his own token and airdrop. Within a few days of going live, the platform is now on the agenda with different development. Accordingly, some boast more than 30 listed awards handed out by Arkham himself.
Searching for an address belonging to Elon Musk
Among the interesting prizes on offer, one particularly noteworthy prize is none other than Elon Musk. Elon Musk, one of the richest people in the world, has been actively involved in the cryptocurrency industry for the past few years. Now, the marketplace challenges users to find an address associated with the tech boss.
Who gets the top prize of 100,000 ARKM (approximately $60,000)? It is waiting for the person who can successfully identify the person or organization responsible for the notorious FTX hack. This attack happened around the time FTX was facing bankruptcy. Accordingly, it resulted in staggering losses of more than $415 million.
Tracing MicroStrategy’s cryptocurrency Bitcoin assets
Another interesting award listed is related to MicroStrategy. Participants have a chance to win 1,500 ARKM rewards by uncovering an address holding over 10,000 BTC belonging to MicroStrategy, a company known for significant Bitcoin holdings of around 140,000 BTC.
Cryptocurrency Arkham’s marketplace made a big splash last week. Accordingly, it has also been criticized for its approach to disclosing the owner of the wallet. Critics have expressed concerns about both the ethical implications and the potential erosion of blockchain’s anonymity. In response, Arkham CEO Miguel Morel defended the platform’s stance, noting that public blockchains offer limited privacy options.
The volatility of the ARKM token
Parallel to the launch of the platform, the cryptocurrency ARKM token began to be traded for the first time. It also rose as high as $0.89 on the first day of trading. However, it later declined. As of the last update, ARKM is trading at $0.59. The token currently has a market cap of around $90 million.
Arkham’s blockchain intelligence marketplace provides an exciting opportunity for crypto enthusiasts to take on lucrative challenges and reap rewards as they navigate the complexities of the crypto landscape. As the platform gains momentum cryptocoin.comAs a whole, the rewards and ARKM token will continue to attract the attention of the community.
