Arkham

Synthetix

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According to crypto reporter Colin Wu, Binance’s popular IEO project, Arkham Intelligence, has been collecting private user data. 
Per the tweet, Arkham’s blockchain intelligence platform has been leaking a huge number of users’ private email addresses, calling it “personal privacy trafficking.” This faced criticism from the broader crypto community. 
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 Binance’s new IEO project, Arkham, collects a large amount of user data, and personal Email address are also exposed. Its on-chain intelligence trading platform is also considered to personal privacy trafficking, which has sparked criticism from the community.…— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1678573203579621382?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 11, 2023</a>
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On July 10, the blockchain intelligence platform <a href="https://crypto.news/arkham-launches-on-chain-crypto-data-and-blockchain-intelligence-marketplace-receives-mixed-reaction/">announced</a> its “Dox-to-Earn” program that allows users to purchase personal data on a wallet address anonymously. Arkham stated it would connect users through a bounty mechanism by locking funds to a request. 
 You might also like: <a href="https://crypto.news/arkham-launches-on-chain-crypto-data-and-blockchain-intelligence-marketplace-receives-mixed-reaction/"> Arkham launches on-chain crypto data and blockchain intelligence marketplace, receives mixed reaction </a> 
Moreover, Adam Cochran, an executive at Synthetix and a contributor to Yearn Finance, shared a list of all the data collected by Arkham Intelligence. This includes contact data, interests, usage, marketing data, communications, transaction data, blockchain addresses, and even personal device information. 
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 “It’s free cause you are the product.” <cite>Adam Cochran, Synthetix exec</cite>
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The CEO of Arkham Intelligence, Miguel Morel, tweeted that the referral links contained “a Base 64 encoded version of the referrer’s email” to track user referrals since the beta launch.&nbsp; 
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 “It was not a way to collect user email. Users already use their emails when they sign up for the platform and get a ref link. We do not use them for anything other than communicating with users and attributing referrals.” <cite>Miguel Morel, CEO of Arkham Intelligence</cite>
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According to Wu, Arkham is set to release an FAQ for its users about using their data. 
 Read more: <a href="https://crypto.news/atomic-wallet-security-breach-causes-over-35-million-in-losses/"> Atomic Wallet security breach causes over $35 million in losses </a>

Arkham is allegedly privacy trafficking, crypto reporter claims

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