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Showing posts with the label global crypto community

Arkham on-chain ‘Intel Exchange’ labeled ‘snitch-to-earn’ by Crypto Twitter

Users who shared links to a waitlist for the Arkham service had their email addresses exposed on Twitter due to how the references were encoded. Arkham, a “blockchain intelligence company,” announced what it’s calling the “world’s first on -chain intelligence exchange” on July 10 alongside the launch of a new coin, ARKM, through Binance’s Launchpad service. Crypto Twitter has had a predictably split response to the announcement, with negative sentiment surrounding Arkham’s purported mission to “deanonymize the blockchain” causing some ire. Chief among the complaints, many of which describe the company’s Intel Exchange as a “ snitch- to -earn ” or “snitching-as-a-service” program, involves Arkham's perceived role as a centralized intelligence agency. Fuck this. It's not even the snitch- to -earn component that I'm entirely against (it is useful as a decentralized whistleblowing dapp for public good). The submissions end up on Arkham + Arkham Fnd is the central arbiter. S...

What is the best crypto use case? Community answers

A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks. While fears surround the crypto market because of how big projects and firms file bankruptcy one after the other, community members continue to remind the world of the best use cases for cryptocurrency.  On Twitter, the Cointelegraph social team asked the Community to share their perspectives on what the best crypto use case is. From payments and self-custody to transparency and investment, Community members gave a wide range of responses. What is the best use case of crypto ? — Cointelegraph (@Cointelegraph) November 29, 2022 One community member highlighted the use of stablecoins like Tether (USDT) as payment methods while pointing out that other cryptos can be used as investment tools. On the other hand, another response brought up the transparency that crypto brings. Apart from these, one answer also raised...