Blockchain analytics company Arkham Intelligence has introduced a new feature that allows users to easily link their Coinbase Wallets to the Arkham platform. This integration means that users can conveniently monitor their cryptocurrency holdings and transactions directly through Arkham.
One of the main focuses of Arkham’s platform is to identify and connect blockchain transactions to real-world entities and individuals. This is particularly useful for pinpointing individuals who have transferred large sums of cryptocurrency on the blockchain.
By partnering with Coinbase Wallet, Arkham is now able to offer detailed analytics on users’ crypto activities. This includes in-depth information on individual transactions, fund movements, and relationships with other parties involved in the transactions.
The collaboration with Coinbase Wallet not only enhances the user experience on Arkham but also expands the platform’s reach to a wider audience. By tapping into Coinbase’s extensive user base and streamlined onboarding process, Arkham is able to serve a broader range of users with its blockchain analysis capabilities.
Arkham Intelligence operates as a blockchain analysis platform that utilizes artificial intelligence to de-anonymize blockchain and on-chain data. It consists of two main components: the Analytics Platform, which provides analytics on various exchanges, funds, and tokens, and the Intel Exchange, which facilitates the exchange of intelligence between users.
In a significant discovery earlier this year, Arkham identified a U.K. government wallet holding 61,245 BTC, valued at around $4.1 billion. This wallet was likely connected to a 2018 police confiscation from Chinese nationals involved in an investment fraud scheme.
Overall, the integration of Coinbase Wallet with Arkham Intelligence’s platform represents a significant step towards enhancing the security and ease of tracking cryptocurrency holdings and transactions for users. With the power of artificial intelligence and blockchain analytics, Arkham continues to lead the way in providing valuable insights into the world of cryptocurrency.