United

Arkham

Read

<div class="cryptonews"> 
 <p class="is-style-lead">Blockchain analytics company Arkham Intelligence announced a <a rel="noopener noreferrer nofollow" title="bounty" href="https://thebittimes.com/tag/bounty.html">bounty</a> for information about the identity of the <a rel="noopener noreferrer nofollow" title="hacker" href="https://thebittimes.com/tag/hacker.html">hacker</a> that compromised the now-defunct cryptocurrency exchange FTX.</p> 
 <p>In the announcement, Arkham Intelligence promised a <a rel="noopener noreferrer nofollow" title="bounty" href="https://thebittimes.com/tag/bounty.html">bounty</a> of 100,000 ARKM (the platform’s own tokens) for a value exceeding $46,000. To obtain the <a rel="noopener noreferrer nofollow" title="bounty" href="https://thebittimes.com/tag/bounty.html">bounty</a>, “users need to <a rel="noopener noreferrer nofollow" title="identify" href="https://thebittimes.com/tag/identify.html">identify</a> the person or entity behind the hack.”</p> 
 <p>Participants also need to deposit 10 ARKM — a measure meant to prevent spam submissions. The deposit of the person who will provide the right information will be returned — and provide context for their decision, including research, public information, and cited sources credibly proving that the conclusion they came to is correct.</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> FTX hacker gets tips on how to launder $400 million 
 </div> 
 <p>When FTX was in the midst of its collapse back in November 2022, FTX representatives reported that the exchange fell victim to a hack that resulted in the loss of over $415 million in cryptocurrencies. This was the second largest crypto hack of that year, and so far, no person involved has been identified.</p> 
 <p>No significant progress has been made in finding those responsible despite the United States Department of Justice starting a probe in December of 2022 when some were suggesting that it was an inside job. The situation at the time got so bad that users were advised to avoid updating the FTX smartphone application to avoid getting possible viruses.</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> FTX hacker is using ChipMixer which might have ties with the government 
 </div> <span class="google-news-banner__label">Follow Us on Google News</span> 
</div>

Arkham Intelligence offers bounty for identifying FTX hacker

TheBitTimes

Other articles published on Aug 4, 2023

ProShares, Bitwise file with SEC for Bitcoin and Ether ETFs

Coinbase Asserts Confidence, Seeks Dismissal of SEC Lawsuit with Firm Legal Action

Cyberscope Wins 2 Globee Cybersecurity Awards

dYdX Chain Public Testnet to Sunset on August 7 and Relaunch on August 10

Shiba Inu’s Skyrocketing Rally Slows Down Near This Level! Here’s What’s Coming Next For SHIB Price

Maker price prediction: MKR to retest $1,300, DigiToads presale bullish

Join our free newsletter for daily crypto updates!