According to Odaily, Arkham has announced a significant cyber breach on the X platform, where DMM Bitcoin's reserves were targeted by hackers. The attack resulted in losses exceeding $300 million. In response to this, Arkham has established a special bounty on the Arkham Intel Exchange to track and identify the hackers behind the DMM Bitcoin attack. The bounty is reportedly set at 1000 ARKM tokens.
The bounty initiative is a strategic move by Arkham to incentivize the identification and capture of the cybercriminals. The use of ARKM tokens as a reward underscores the company's commitment to leveraging its resources in the fight against cybercrime. The attack on DMM Bitcoin's reserves is a stark reminder of the potential vulnerabilities in the digital currency sector, and the need for robust security measures.
The incident has sparked discussions about the security of digital assets and the measures that companies like Arkham are taking to protect their platforms and users. The bounty program is seen as a proactive step towards enhancing cybersecurity and preventing future attacks. The scale of the bounty, set at 1000 ARKM tokens, also reflects the severity of the attack and the urgency to bring the perpetrators to justice.