listing on Binance Binance Lists ARKM Exchange Following Arkham Intel’s Approval


Crypto news has recently emerged from the Arkham Intel Exchange, now offering the ability to trade ARKM to track entity labels and carry out hacking actions. In addition, the Arkham Foundation has recognized Robinhood as the fifth largest holder of ETH in a recent report. Here are the details.

New Crypto Opportunities to Track Entity Labels and Hacking on Arkham

Intel Exchange is a platform that enables users to trade ARKM in return for data provided by investigators. The latest update now allows users to sell handle data directly, without necessarily providing a bounty, which is a major step forward towards a decentralized intelligence economy in which anyone can use the native currency, ARKM, to trade information. This information can include entity labels, hacker tracking, or curated data feeds.

Those interested in buying can enter a reward, while sellers can provide data through auctions. The process is simple: users can click on “Sell Intel” on the left side of Intel Exchange and provide details about the data they want to sell, explaining its usefulness and who might be interested in buying it. After that, they can add the actual data, which is then vetted by the Arkham Foundation to ensure its credibility and validity. This system guarantees that all data purchased on the platform is reliable.

Intel Exchange listings are found in the main Marketplace under the “Listings” section. These listings can be handled through auctions, in which the highest bidder wins the information, or through a fixed price, making transactions easier for both buyers and sellers. Furthermore, information on sale must abide by Intel Exchange Guidelines, and any data proposed for sale must be backed up by context, sufficient research, and full public data with properly cited sources to ensure accuracy and credibility.

Robinhood: the Fifth Largest Holder of ETH According to Arkham

Robinhood, the cryptocurrency trading and financial services platform, has been identified by Arkham Intelligence as the fifth-largest holder of Ether (ETH), with a portfolio totalling approximately $2.54 billion.

Arkham reported on X (formerly Twitter) that attention has been drawn to Robinhood’s announcement regarding its possession of the third largest Bitcoin wallet. However, it was noted that Robinhood’s status as the holder of the fifth largest ETH wallet was overlooked. In a separate update, Arkham clarified that these funds are customer balances held by Robinhood.

As per BitInfoCharts, the world’s largest Bitcoin (BTC) wallets belong to Binance and Bitfinex. Arkham’s intelligence reveals that the wallet connected to Robinhood contains several other cryptocurrencies, including 122,076 BTC (equivalent to $3.3 billion), 34.1 trillion Shiba Inu (SHIB) (valued at $277.8 million), 4.9 million LINK from Chainlink (equivalent to $29.7 million) and 2.6 million Avalanche (AVAX) (valued at $29.6 million).

Despite its major role in equity trading, Robinhood’s cryptocurrency trading business experienced a decline in cryptocurrency-related revenue in the second quarter, down from $38 million to $31 million compared to the first quarter.

On August 30th, the company announced the expansion of its wallet to include the “ability to store, send and receive Bitcoin and Dogecoin,” as well as maintaining the capability to facilitate existing Ethereum exchanges. This development is a direct response to customer requests, as stated by the company. At its initial launch in March, Robinhood Wallet introduced self-custody services, primarily for Polygon and Ethereum networks. These services include a variety of tokens such as Compound (COMP), Polygon (MATIC), SHIB, Solana (SOL), Uniswap (UNI), as well as the stablecoin USD Coin (USDC).

Related articles

Recent articles