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Arkham Intelligence has announced its crypto trading platform will transition to a fully decentralized exchange rather than shutting down operations entirely. The move comes after the centralized exchange struggled to gain traction in a market dominated by giants like Binance and Coinbase.
Founder Miguel Morel confirmed the strategic pivot following reports that the platform was preparing to close. The data intelligence firm, backed by OpenAI CEO Sam Altman, launched its spot trading service in early 2025 but failed to capture meaningful trading volume.
Low Trading Volumes Force Strategy Shift
Recent data from CoinGecko reveals the stark reality facing Arkham Exchange. While Binance processed nearly $9 billion in daily trading volume, and Coinbase handled $2 billion, Arkham recorded just $620,000 in the past 24 hours.
The company added a mobile trading app in December to boost user engagement, but volumes remained underwhelming. Arkham Intelligence boasts over 3 million registered users for its blockchain analytics services, yet that user base didn't translate to active traders on the exchange.
"The future of crypto trading is decentralized, and that's what we're building towards," Morel stated in response to closure rumors.
He criticized centralized platforms for becoming bloated and unresponsive to user needs, claiming they've become worse than traditional financial systems. The company declined to specify how many employees would be affected by the operational shift.
Competitive Landscape Proves Challenging
Arkham floated plans for a crypto derivatives exchange in October 2024, aiming to compete directly with established players for retail investors. The company's backers include high-profile names like Draper Associates, Binance Labs, and Bedrock alongside Sam Altman.
Despite this funding advantage, breaking into the exchange business proved difficult. The platform added spot crypto trading across several U.S. states in early 2025, but struggled to differentiate itself in an increasingly competitive market.
The native ARKM token dropped 3.6% to $0.1133 following news of the exchange restructuring. The decentralized exchange model represents a significant departure from the centralized infrastructure Arkham initially built.
Founded in 2020, Arkham Intelligence has built its reputation on blockchain data analytics and intelligence services. The exchange was meant to complement these core offerings, but market dynamics forced a strategic reassessment.
The transition raises questions about execution timelines and whether the pivot can salvage the trading platform initiative. Morel emphasized the company won't invest in maintaining bloated centralized infrastructure, signaling a commitment to the decentralized approach despite the operational challenges ahead.
3 Key Takeaways:
Arkham Exchange recording just $620,000 daily volume compared to Binance's $9 billion amid fierce competitionPlatform transitioning to fully decentralized model after centralized approach failed to attract tradersARKM token dropped 3.6% as company declined to specify employee impact from operational restructuring
#ArkhamExchange #DecentralizedExchange #CryptoTrading #ARKM #SamAltman
This Article First Appeared on: https://www.cryptonewslive.org/article/arkham-exchange-shifts-to-decentralized-model-amid-struggles

In a surprising turn of events that rippled through the tech and crypto markets, Worldcoin’s WLD token experienced a price adjustment amidst the news of Elon Musk's legal proceedings against OpenAI and its CEO, Sam Altman. The lawsuit, filed in a California court, brings to light Musk's allegations against OpenAI, accusing the organization and Altman of deviating from their initial non-profit mission, which aimed at advancing artificial general intelligence (AGI) for the global good.
The Genesis of the Dispute
Elon Musk, a pivotal figure in the foundation of OpenAI, has taken legal action based on claims that OpenAI’s partnership with Microsoft and its pivot towards a more commercial stance infringe upon the agreements made in 2015. Musk alleges that these moves betray the organization's commitment to developing AGI as a non-profit entity, aimed at counterbalancing the dominance of tech conglomerates.
The Essence of Musk’s Claims
Musk's contention rests on the assertion that OpenAI, under Altman's guidance, transitioned into a profit-oriented entity, contradicting the ethos of fostering AGI for altruistic purposes. He criticizes the collaboration with Microsoft for commercializing AGI endeavors, thus sidelining the foundational goal of serving humanity's interest. Musk, who has frequently voiced concerns over AI's potential risks, calls for a return to OpenAI’s original non-profit blueprint and seeks legal measures to halt the for-profit use of AGI technologies.
Impact on Worldcoin’s Market
Following the lawsuit's announcement, the WLD token witnessed a 5% decrease, touching $7.1, though it briefly recovered to $8.3. The fluctuation settled with the token stabilizing at $7.95, marking a modest 24-hour gain. Despite a 20.3% dip in trading volume, indicating a potential investor retraction from the token, market indicators like the EMA and RSI suggest a balanced outlook, with possibilities for both bullish momentum and corrections.
Broader Implications and Market Outlook
This legal battle underscores the growing tension between commercial pursuits and ethical standards in the realm of AI development. With Musk advocating for stringent AI regulation and ethical stewardship, the outcome of this lawsuit could set precedents affecting the intersection of technology, ethics, and commerce.
As for Worldcoin's WLD token, market watchers anticipate potential volatility, with future movements likely influenced by investor sentiment and broader market trends. The legal confrontation between Musk and OpenAI serves as a pivotal moment, reflecting the complexities of navigating the promising yet perilous terrain of artificial intelligence.
$WLD
#Worldcoin #elonmusk #samaltman

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