Arkham, a cryptocurrency analytics platform, has put a bounty of 100,000 ARKM, valued at 0,000, for information leading to the reveal of the creator of DJT, a Solana token linked to the former President and current Republican presidential candidate Donald Trump. While the token was issued with Trump’s involvement according to sources, there has not […]
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Donald Trump’s Crypto Portfolio Tops $14M Post-Conviction — Meme Coin Holdings Soar, Says Arkham
Former U.S. President and presidential candidate Donald Trump’s crypto portfolio now exceeds million, according to Arkham Intelligence’s onchain tracking tool. His crypto holdings include a significant amount of meme coins, which were airdropped to him by various developers. Trump has been convicted of 34 felony counts related to falsifying business records, marking the first […]
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Donald Trump’s Crypto Holdings Top $10 Million, Arkham Says
Former U.S. President and presidential candidate Donald Trump’s cryptocurrency holdings reached million on Monday morning, according to crypto analytics firm Arkham’s onchain tool. The bulk of Trump’s holdings, .3 million, is in the TRUMP coin. Trump has pledged to support the crypto industry, promising to halt President Joe Biden’s anti-crypto initiatives and protect bitcoin. […]
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Blackrock’s Bitcoin ETF Wallets Hold Over $20,000 in Runes Tokens, Arkham Data Shows
Amid the excitement of Bitcoin’s new Runes protocol, Blackrock’s exchange-traded fund (ETF) wallets now contain over ,000 worth of RSIC•GENESIS•RUNE tokens. Blackrock’s IBIT Benefits From Airdropped Runes Tokens On Thursday, Arkham, an onchain intelligence firm, revealed on social media platform X that two of Blackrock‘s IBIT bitcoin addresses possess tokens based on the Runes protocol. […]
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Arkham Releases Top 5 Crypto Rich List – You Won’t Believe How Much Is Inaccessible
Arkham Intelligence, an industry leader in on-chain data tracking, has released a list of the richest people in crypto according to their wallet balances. This list has been making the rounds in the crypto community due to the top 5 alone being worth billions of dollars. But perhaps, what is more interesting is how much of this money has now been deemed inaccessible.
3 Of The Top 5 Crypto Rich List Lost Forever
Arkham took to X (formerly Twitter) to share the top 10 richest individuals in crypto ranked by the net worth of their wallet holdings. But the most interesting bits actually lay in the list of the top 5 richest individuals, which included the likes of Tron’s Justin Sun and Ethereum’s Vitalik Buterin.
According to the data shared by Arkham, Justin Sun emerged at the top of the list with a wallet balance of .1 billion, followed by Rain Lohmus, the Chairman of LHV Bank, whose wallet is worth 3 million. Next in line is Ethereum founder Vitalik Buterin, with a wallet balance of 2 million.
In fourth place is Stefan Thomas, a software engineer whose wallet holds a considerable 2 million. And then last but not least is James Fickel, with a total wallet net worth of 6 million. Altogether, these crypto millionaires and billionaire, hold a total of .5 billion. However, not all of this money is available to the owners.
As Arkham notes in its report, two out of these five individuals are no longer able to access their wallets anymore. The first of these two is Rain Lohmus who had invested ,000 during the Ethereum ICO. Lohmus’s allocation came out to 250,000 ETH, which has appreciated greatly over time. However, he can no longer access the coins.
According to Lohmus, he had lost access to his Ethereum wallet and was unable to find the key to the wallet. Given this, the coins are presumed to be lost forever, but Lohmus has offered a 50-50 split to anyone who can access the wallet and recover the funds.
Another individual whose coins are deemed lost is Stefan Thomas. Thomas is infamous in the crypto space for throwing out a flash drive that held the private keys to a wallet containing over 7,000 BTC over 10 years ago. Since then, Thomas has led efforts to excavate the landfill where he believes his trash was sent to, in an effort to recover the flash drive and recover the coins. However, he has run into various issues, such as the city not allowing him to excavate the dump site.
The other three on the list still have access to their wallets and are still involved in the crypto space to varying degrees.
US Government Transfers Nearly $2B in Bitcoin to Coinbase, Arkham Data Reveals
On April 2, 2024, the U.S. government executed a transaction involving nearly billion in bitcoin (BTC), channeling the assets to Coinbase Prime, as Arkham Intelligence’s data reveals. The transfer comprised 30,174.70 BTC, successfully processed at block height 837,413, incurring a fee of .57. In recent years, the U.S. has accumulated a noteworthy collection of […]
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On-Chain Analysis Reveals Tesla Has 11,509 Bitcoins and Spacex Owns 8,285 BTC, Says Arkham
Crypto analytics firm Arkham claims to have identified the bitcoin holdings of Elon Musk’s companies, Tesla and Spacex. “The on-chain fund flows we’ve identified match financial statements from Tesla and Spacex,” the firm detailed, stating: “We are the first to publicly identify these holdings on chain.” Bitcoin Holdings of Tesla and Spacex Crypto analytics firm […]
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Arkham Reveals Onchain Addresses Linked to 4 Major Bitcoin ETFs, Boosting Market Transparency
On Jan. 23, Arkham, a firm specializing in onchain intelligence, announced the identification of four lists of connected addresses linked to four new spot bitcoin exchange-traded funds (ETFs). These groups of addresses are reportedly associated with fund managers including Blackrock, Fidelity, Bitwise, and Franklin Templeton.
4 ETFs Identified Onchain
According to an X post by Arkham Intelligence on Tuesday, the firm has pinpointed four out of ten spot bitcoin ETFs. Previously, the firm had uncovered the holdings of GBTC, and with this latest revelation, Arkham has now identified half of the ETFs in the U.S. market. “Arkham has identified the onchain location of four of the bitcoin ETFs,” the company said on Tuesday. “We are the first to publicly identify these addresses.”
Arkham unveiled the initial list of addresses, allegedly belonging to Blackrock and linked to the IBIT ETF. The identified addresses, however, contain 39,925 BTC, which is less than the 44,004 BTC reported by IBIT. Analysis shows IBIT’s funds are distributed over multiple addresses, each holding a maximum of 1,200 BTC. Additionally, Franklin Templeton’s EZBC ETF has been pinpointed, with its onchain holdings aligning with the asset manager’s reported figures.
Arkham’s investigation also uncovered the holdings of Fidelity’s Wise Origin spot bitcoin ETF, FBTC, revealing a possession of 34,127 BTC. This finding is consistent with Fidelity’s latest update as of January 23, 2024. The wallets for Bitwise’s BITB fund have been identified as well, holding 11,188 BTC. Furthermore, Bitwise manages additional crypto assets for the Bitwise 10 Crypto Index Fund, known as BITW.
Coinbase Custody oversees the assets of all the aforementioned exchange-traded funds (ETFs), with the exception of Fidelity’s. Fidelity, in contrast, utilizes its own custody services for managing its bitcoin (BTC) reserves. Among the transactions of the other three ETFs, Coinbase frequently emerges as the primary counterparty. The availability of onchain data regarding these new funds significantly enhances market transparency.
Transparency fosters trust among investors and enhances decision-making. By providing clear insights into fund operations and holdings, it strengthens the overall integrity and stability of the cryptocurrency market. This transparency is key to attracting more informed participation and investment in the burgeoning crypto economy. In the aftermath of FTX’s collapse, crypto exchanges holding significant balances started disclosing proof-of-reserve data, aiming to enhance transparency in the sector.
What do you think about Arkham identifying four of the new spot bitcoin ETF bitcoin holdings? Let us know what you think about this subject in the comments section below.
Okx Dex Falls Victim to $2.7M Cyber Heist, Arkham Confirms
Numerous reports reveal that a security breach at Okx’s decentralized exchange (dex) platform resulted in financial damages estimated at .7 million, as confirmed by the onchain intelligence firm Arkham.
Crypto Platform Okx Dex Hit by .7 Million Hack, Bounty Offered for Hacker’s Capture
The breach of the Okx Dex platform occurred on December 13, with .7 million being extracted from its decentralized finance (defi) protocol. This incident was brought to light by various onchain analysis experts. Arkham has since announced the establishment of a bounty to track down the responsible party.
Arkham communicated via the social media channel X (formerly Twitter). “We’ve created and funded a bounty to help identify the person or organization behind the recent Okx Dex exploit,” Arkham wrote. “Okx Dex was exploited by a hacker who upgraded a deprecated contract with token approvals, resulting in losses of over .7M on Dec 13, 2023. The hacker is tied to a number of hacks, including Lunafi, Uno Re, RVLT, and more.”
The Okx Dex and Web3 Wallet X account also acknowledged the breach. They announced, “We regret to inform you that a deprecated smart contract on Okx Dex has been compromised. We have taken immediate action to secure all user funds and revoke the contract permissions. We are working with relevant agencies to locate the stolen funds and will reimburse affected users with 0k. A thorough review is underway to prevent similar incidents. Our apologies for any inconvenience caused.”
“My money lost 0 on your web,” one affected user replied to the account.
This hacking incident at Okx Dex follows a series of defi hacks and centralized exchange breaches. Recently, platforms like HTX and Poloniex have also suffered financial losses due to cyber-attacks. The months of September and November particularly witnessed a surge in attacks on cryptocurrency platforms, leading to monthly losses of hundreds of millions.
What do you think about the Okx Dex hack? Share your thoughts and opinions about this subject in the comments section below.
Arkham Identifies Coinbase’s $25B in BTC; Rivals Nakamoto’s Legacy Coins
On September 22, 2023, Arkham Intelligence unveiled that it has identified addresses tied to a staggering billion from Coinbase’s bitcoin (BTC) holdings. This cache represents the most substantial BTC reserve on Arkham. The firm points out that this trove is nearly on par with Satoshi Nakamoto’s legendary 1 million coins.
Coinbase’s Crypto Cache Tops B
On Friday, Arkham Intelligence, a crypto analytics and data tracking firm, revealed that its platform now prominently displays Coinbase’s bitcoin (BTC) reserves. Taking to social media platform X, the firm announced, “Arkham has now identified B of Coinbase bitcoin reserves (1M [bitcoin]) on chain.” Arkham added:
This makes Coinbase the largest bitcoin entity in the world on Arkham, with almost 5% of all [bitcoin] in existence – about as much as Satoshi Nakamoto.
Data from Friday shows Coinbase’s coffers holding a formidable 948,383 BTC, which, at the moment, boasts a value of .16 billion. But that’s not all. Arkham’s list showcases other assets under Coinbase’s belt, pushing the company’s cumulative worth on Arkham to .09 billion. Diving deeper, Coinbase’s addresses contain approximately 1.686 million ethereum (ETH), translating to an estimated .68 billion. Additionally, they possess 68.591 million chainlink (LINK), with an approximate value of 3.96 million.
The crypto firm also holds about 222.832 million USDC and assets worth 3.93 million, or 921,875 BNB. The San Francisco-based crypto marketplace is also the custodian of 854.137 million GRT, valued at around million, and a notable 12.1 million UNI tokens, estimated to be worth about .1 million. While Coinbase boasts assets around the .09 billion mark, as highlighted by Arkham’s explorer, Binance dwarfs this with a staggering .83 billion in crypto holdings.
Stacked against Coinbase, Binance’s BTC reserve sits at a more modest 658,256 BTC, valued at an estimated .50 billion. Interestingly, Binance’s most dominant asset is tether (USDT), with Arkham indicating that the exchange possesses a significant 21.18 billion USDT. When it comes to ethereum (ETH), Binance outshines Coinbase, maintaining a remarkable 4.086 million ETH, which carries a value of .52 billion. Notably, Arkham has been in overdrive recently, pinpointing and flagging crypto assets tied to industry giants such as Grayscale and Robinhood.
What do you think about Arkham identifying Coinbase’s stash of bitcoin reserves? Share your thoughts and opinions about this subject in the comments section below.