Arkham Intelligence

Arkham Intelligence is a public data application that enables users to analyze blockchain and cryptocurrency activity. Founded by Miguel Morel in 2020, the company's platform utilizes AI to identify and catalog the owners of blockchain addresses. Its partners include various cryptocurrency and blockchain companies.

History
Morel founded Arkham in 2020 and received investments from Tim Draper, Joe Lonsdale of Palantir Technologies, and a co-founder of OpenAI.

In July 2022, during the midst of Celsius Network’s bankruptcy, Arkham found that Celsius owed over $500 million worth of digital assets to three of the biggest DeFi lenders, including Aave Protocol; it was also reported that Celsius worked with a previously unidentified fund manager to purchase NFTs and make deposits on yield-bearing decentralized exchanges.

Arkham reported on a hacker who stole approximately $477 million worth of tokens from FTX and sent 180,000 Ethereum (ETH) coins to at least a dozen digital wallets in November 2022. Arkham analysts noted that the hacker followed two patterns: operating between 08:00 and 10:00 UTC and creating new accounts for each operation.

In December 2022, Arkham tracked over $1 million of transferred funds tied to former FTX chief executive Sam Bankman-Fried as well as $1.7 million worth of cryptocurrencies liquidated within a 24-hour time span. This data was used by prosecutors from the Southern District of New York, who filed criminal charges against Bankman-Fried for his role in FTX's collapse.

Arkham provided data in January 2023 that identified “an alleged nexus of money laundering” from Bitzlato through intermediate wallets of Binance. Over the course of several years, it was found that the intermediary wallet deposited $15 million worth of crypto onto Binance's platform. That same month, Arkham released a report which revealed that Alameda liquidators lost $72,000 worth of crypto while trying to recover funds as part of FTX's bankruptcy.

The ARKM token was launched in July 2023 as the native token of the Arkham Intel Exchange. Originally released on Binance Launchpad, ARKM launched at a price of $0.05 and reached a price of $3.98 in March 2024. As of July 2024, the market capitalization for the ARKM token is US$326 million.

Other notable blockchain identifications include Robinhood Markets, and Justin Sun.