Coinbase has added a controversial “intel-to-earn” altcoin undertaking to its itemizing roadmap.
On Monday, the highest US crypto alternate positioned Arkham (ARKM) on the trail in the direction of being tradeable on its platform sooner or later.
Arkham is an intelligence alternate the place patrons can place bounties on particular items of knowledge.
Info patrons can have unique entry to the intelligence they bought for 90 days. After that, the info turns into out there to all customers.
ARKM, the undertaking’s native token, kicked off buying and selling by way of Binance Launchpad final July and secured an funding from Binance Labs in November.
The de-anonymizing nature of the undertaking whipped up controversy within the crypto neighborhood, with some builders accusing Arkham of being a “snitch-to-earn” or “dox-to-earn” service.
Arkham pushed again in opposition to these accusations in an announcement, saying they don’t permit prospects to purchase off-chain private data on their alternate.
“The aim of the on-chain analysis neighborhood is to raised perceive market exercise for buying and selling functions and to determine scams.”
ARKM is buying and selling at $2.53 at time of writing. 171st-ranked crypto asset by market cap is down greater than 3% prior to now 24 hours.
Coinbase created its itemizing roadmap in 2022 to extend transparency and cut back the potential for buyers front-running new buying and selling help bulletins.
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