| 
| Whiteheart 
| #WHITE
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| WHITE Price: | $112 | | Volume: | $330.0 K | | All Time High: | $5,493 | | Market Cap: | $997.4 K |
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| Circulating Supply: | 8,888 |
| Exchanges: | 3+
| | Total Supply: | 8,888 |
| Markets: | 4+
| | Max Supply: | — |
| Pairs: | 5
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The price of #WHITE today is $112 USD.
The lowest WHITE price for this period was $0, the highest was $112, and the exact current price of one WHITE crypto coin is $112.21643.
The all-time high WHITE coin price was $5,493.
Use our custom price calculator to see the hypothetical price of WHITE with market cap of ETH or other crypto coins. |
The code for Whiteheart crypto currency is #WHITE.
Whiteheart is 2.2 years old. |
The current market capitalization for Whiteheart is $997,380.
Whiteheart is ranked #889 out of all coins, by market cap (and other factors). |
There is a medium daily trading volume on #WHITE.
Today's 24-hour trading volume across all exchanges for Whiteheart is $329,955. |
The circulating supply of WHITE is 8,888 coins, which is 100% of the total coin supply.
A highlight of Whiteheart is it's amazingly small supply of coins, as this supports higher prices due to supply and demand in the market. |
 | White House Blasts Bitcoin for Having 'No Fundamental Value,' Praises CB...
The Council fo Economic Advisors showed outright disregard for the purported benefits of Bitcoin and other cryptocurrencies in the President’s Economic Report released on Tuesday.
The report claimed that cryptocurrencies lack fundamental value, and also do not “act as effective alternatives to money.”
Crypto: Expectations VS Reality
The White House report included two dedicated sections pertaining to digital assets: one titled “The Perceived Appeal of Crypto Assets,” and the other titled “The Reality of Crypto Assets.”
The first section acknowledges some of the most commonly cited use cases of Bitcoin: its potential as an inflation hedge, ability to enable fast digital payments, and power to increase financial inclusion. However, the latter section disputed all of those claims:
“As inflation increased globally in the second half of 2021 and in 2022, the prices of crypto assets collapsed, proving them to be, at best, an ineffective inflation hedge,” stated the report.
Indeed, Bitcoin collapsed to then yearly lows in June 2022 precisely after the BIS announced peak inflation figures of 9.1% that month. However, the Federal Reserve was also hiking its target interest rate throughout the year to quell said inflation, which caused a significant drawdown in bonds, stocks, and crypto alike.
The report also challenged Bitcoin’s use case as an alternative money, criticizing its ability to effectively serve a...
|  | Former White House Senior Advisor David Plouffe Joins Alchemy Pay Adviso...
Serving as a committee member of Alchemy Pay's management and advisory board, and as Global Strategic Adviser to support Alchemy Pay's expansion and growth in global markets, contributing actively to strategy, compliance and government relations.
Alchemy Pay, Singapore based pioneer of the world's first payment gateway solution to bridge the gap between fiat and crypto economies, has announced the appointment of legendary campaign manager and former White House Senior Advisor, David Plouffe, as Global Strategic Advisor.
Plouffe is credited with the strategy and grass-roots public engagement savvy that won Obama's 2008 presidential campaign, subsequently becoming Senior Advisor to the President in the Obama Administration. Plouffe has noted Alchemy Pay's backbone mission in the cryptocurrency industry, and its steady course and leadership in the industry's evolution.
'Cryptocurrency and decentralized ledgers are the newest permanent features of the global economy,' said Plouffe. 'Alchemy Pay has chosen to focus on bridging public sector and private sector agendas as a strategy in its mission to provide fiat-crypto transaction services. Alchemy Pay understands that the key to crypto sustainability and growth is broadening utility cases by focusing on payment channels, proper compliance and user experience.'
After his work for Obama, Plouffe became the Senior Vice President of Policy and Strategy for Uber in 2019, and in 2022 Plouffe joined the Binance Global Advisory Board.
Abo...
|  | White House Says Biden Has 'Confidence' in Fed Chair Powell While Fedwat...
With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has 'confidence' in Federal Reserve chair Jerome Powell. Meanwhile, according to the CME Group's Fedwatch tool, the target rate probability suggests the Fed will raise the federal funds rate by 25 basis points (bps) this week. There's also a 26.9% chance the U.S. central bank won't raise the rate this month.Market Laser-Focused on Upcoming Fed Meeting; Biden Administration Confident in Powell's Leadership
It has been a tumultuous week in the U.S. banking industry as three major banks collapsed, and the Federal Reserve announced that it would fully bail out two of them. Additionally, the U.S. central bank created the Bank Term Funding Program (BTFP) to assist failed banks and their depositors. Moreover, the Fed loaned the banks $164.8 billion to strengthen liquidity and collaborated on March 19 with five other major central banks to boost U.S. dollar liquidity.
To make matters worse, a recently published paper indicates that roughly 186 U.S. banks are grappling with the same problems as Silicon Valley Bank, and First Republic Bank's stock plummeted on March 20, losing more than 40% of its value in a single day. In the meantime, on March 22, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell will determine the fate of the federal funds rate.
EFFR chart by Trading...
|  | US Treasury and White House to Hold Regular Meetings on CBDCs and Paymen...
On March 1, 2023, Nellie Liang, undersecretary for domestic finance at the U.S. Treasury, delivered a speech to the Atlantic Council in Washington concerning the subject of central bank digital currencies (CBDCs). Liang detailed during her speech that a CBDC is one of several options for 'upgrading the legacy capabilities of central bank money,' and members of the Treasury, Biden administration and the Federal Reserve 'will begin to meet regularly' to discuss the topic.U.S. Treasury’s Nellie Liang Discusses Key Considerations in Developing a CBDC
The undersecretary for domestic finance at the U.S. Treasury, Nellie Liang, gave a speech at the Atlantic Council titled 'Next Steps in the Future of Money and Payments.' During the speech, Liang discussed U.S. President Joe Biden's executive order, which called on the government to develop an approach for the digital currency sector. Liang also referenced the collapse of some crypto businesses last year, 'runs on stablecoins,' and the 'commingling of customer and firm assets.'
'All of these calamities reinforce the recommendations made for regulators to vigorously enforce existing laws to protect consumers,' Liang said. Her speech primarily focused on central bank digital currencies (CBDCs) and how she believes 'central banks are at the heart of the global monetary system.' She further noted that an important decision is whether the government creates a wholesale CBDC, retail CBDC, or both. Liang added that a CBDC will have 't...
|  | White House Publishes 'Roadmap' to Mitigate Cryptocurrency Risks
The White House has published a 'roadmap to mitigate cryptocurrencies' risks.' The roadmap calls for authorities to 'ramp up enforcement where appropriate' and Congress 'to step up its efforts' to regulate the crypto sector. It also notes that legislation should not greenlight mainstream institutions 'to dive headlong into cryptocurrency markets.''The Administration's Roadmap to Mitigate Cryptocurrencies' Risks'
The White House published a blog post titled 'The Administration's Roadmap to Mitigate Cryptocurrencies' Risks' Friday under the National Economic Council (NEC), an Executive Office of the President (EOP) established to advise the president on U.S. and global economic policy.
The roadmap is authored by four White House advisors: NEC Director Brian Deese, Office of Science and Technology Policy (OSTP) Director Arati Prabhakar, Council of Economic Advisers (CEA) Chair Cecilia Rouse, and National Security Advisor Jake Sullivan. The CEA is charged with providing objective economic advice on the formulation of both domestic and international economic policy while the OSTP advises the president on all matters related to science and technology.
The White House advisors detailed:
At President Biden's direction, we have spent the past year identifying the risks of cryptocurrencies and acting to mitigate them using the authorities that the Executive Branch has.
'Experts across the administration have laid out the first-ever framework for developing digital assets in a safe, res...
|  | White Hat Hackers Crack the Code: Over $65M in Crypto Bug Bounties Since...
Immunefi, a leading bug bounty platform for the cryptocurrency industry, has paid out a total of $65 million to white hat hackers since its founding in 2020.
These ethical hackers search for vulnerabilities in smart contracts and blockchain projects and are rewarded for reporting them to Immunefi. This helps to secure users' assets and prevent bad actors from stealing funds.
Smart Contract Bugs Account for Majority of Paid Reports
According to Immunefi, 58.3% of the paid reports were for smart contract vulnerabilities, with 728 submissions. There were 488 submissions for cases in the Websites and Applications category, making up 39.1% of the total, and 32, or 2.6%, for Distributed Ledger Technology/Blockchain cases.
However, while Websites and Applications had the second highest number of submissions, they only accounted for 2.9% of the payouts, while smart contract bugs represented 89.6% of the payments.
Some projects have paid out more in bounties than others. Aurora, Wormhole, Optimism, Polygon, and an unnamed company offered $30.2 million in payments through their bounty programs in 2021, with an average payout of $52,800 and a median payout of $2,000.
Over $52M Paid This Year
In 2022, Immunefi facilitated over $52 million in payments to white hat hackers due to the increase in crypto hacks that resulted in a loss of over $3 billion in assets.
The highest paid bounty of the year was a $10 million reward for a vulnerability discovered in the Wormhole decentralized messagin...
|  | White House, US Senators Call for Proper Crypto Oversight
The White House and members of the U.S. Senate Banking Committee have called for proper cryptocurrency regulation following the collapse of crypto exchange FTX. 'Without proper oversight of cryptocurrencies, they risk harming everyday Americans, and this is something that clearly we monitor and we see as an important issue,' said White House press secretary Karine Jean-Pierre.White House on Crypto Regulation
Following the collapse of cryptocurrency exchange FTX, the White House and several U.S. lawmakers have called for stricter crypto regulation.
White House press secretary Karine Jean-Pierre said at a press briefing Thursday in response to the FTX crisis:
The administration has consistently maintained that without proper oversight of cryptocurrencies, they risk harming everyday Americans, and this is something that clearly we monitor and we see as an important issue.
She added: 'The most recent news further underscores these concerns and highlights why prudent regulation of cryptocurrencies is indeed needed. The White House, along with the relevant agencies, will again closely monitor the situation as it develops.'
Senate Banking and Housing Democrats Urge Regulators to 'Look Into What Led to FTX's Collapse'
The Twitter account for Senate Banking and Housing Democrats tweeted Thursday:
The cryptocurrency market's continued turmoil is why we must think carefully about how to regulate cryptocurrencies and their role in our economy. It is crucial that our financial watchdogs l...
|  | White House Is Not Preparing for Recession — Chief of Staff Says U...
White House Chief of Staff Ron Klain says that the U.S. is not in a recession. 'The economy is growing. It is strong,' he stressed. In addition, White House Press Secretary Karine Jean-Pierre said there are no meetings or anything happening in preparing for a recession.White House Dismisses Recession Concerns
White House Chief of Staff Ron Klain, President Joe Biden's top aide, shared his economic outlook in an interview with MSNBC Thursday. He said:
We are not in a recession … Unemployment claims remain at a historical low ... The economy is growing. It is strong. It is creating jobs.
His statement echoes what Biden said last month, when he emphasized that the U.S. economy is 'strong as hell.'
In addition, White House Press Secretary Karine Jean-Pierre said in a televised interview with the news outlet that the White House is not preparing for a recession, stating:
There are no meetings or anything happening like that in preparing for a recession because … look, what we're seeing right now is a strong labor market.
The press secretary was later asked while en route to Albuquerque, New Mexico, with President Biden Friday whether it is imprudent for the administration to not prepare for a recession given that the bond market is forecasting a 48% chance of a recession within the next year, according to Evercore ISI.
'Look, I just want to be really clear here,' she replied. 'It's not just us saying this, I'm only laying that out. Because it's not just us at the adm...
|  | Satoshi Nakamoto's Seminal Bitcoin White Paper Turns 14 Today
Approximately 14 years ago today, on Halloween, Satoshi Nakamoto introduced Bitcoin to the world by sharing the renowned white paper. Satoshi's invention, shared on metzdowd.com's Cryptography Mailing List, not only solved a problem that had plagued computer scientists for years, but the invention also redefined how people look at money. Furthermore, as a side effect, Satoshi's creation spawned a new digital economy with more than 13,000 cryptocurrency assets, worth just over $1 trillion today.Celebrating the 14th Anniversary of Satoshi's Bitcoin White Paper
Presently, cryptocurrency and Bitcoin supporters are celebrating the 14th anniversary of Satoshi Nakamoto's Bitcoin white paper. Bitcoin's mysterious creator first introduced the white paper on metzdowd.com's Cryptography Mailing List on Oct. 31, 2008, at approximately 2:10 p.m. (ET). The date marks the first time Satoshi shared the inventor's vision and the first sentence Bitcoin's inventor said was:
I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party.
In the message, Bitcoin's creator said that the invention offers a number of different properties. Bitcoin's benefits include the prevention of double spending and there is 'no mint or other trusted parties,' Satoshi said. The inventor also highlighted how bitcoins are minted via a 'Hashcash style proof-of-work.' Satoshi added:
The proof-of-work for new coin generation also powers the network to prevent double-spending....
|  | White House Says Reports of National Security Reviews on Elon Musk Are '...
The White House has clarified that the Biden Administration is not discussing subjecting Elon Musk's ventures to national security reviews. The Tesla CEO is reportedly preparing to close the $44 billion Twitter buyout deal by Friday to avoid a court trial.No National Security Reviews on Elon Musk's Ventures
The White House has reportedly clarified that reports of national security reviews of some of Elon Musk's ventures are not true.
While declining to comment on the Biden administration's relationship with the Tesla boss or his companies, White House press secretary Karine Jean-Pierre confirmed:
Those reportings are not true ... The national security review — that is not true.
Last week, Bloomberg reported that U.S. officials were weighing what tools were available to allow the government to subject Musk's ventures, including Spacex's Starlink satellite network and Musk's $44 billion Twitter acquisition deal, to national security reviews.
Recently, the Tesla chief said Spacex will keep funding Ukraine for free even though Starlink is losing money. His statement followed a letter Spacex sent to the Pentagon stating that the company is not 'in a position to further donate terminals to Ukraine, or fund the existing terminals for an indefinite period of time.'
Elon Musk Plans to Close the $44 Billion Twitter Deal by Friday
The Tesla CEO reportedly plans to close the Twitter buyout deal by Friday. Citing a person familiar with the matter, Reuters reported Tuesday that Musk...
|  | SUPER SAPIENSS First Japanese Entertainment DAO Project 'Movie X Charact...
PRESS RELEASE. It is with much pleasure that Finance Inc announces the launch of its SUPER SAPIENSS NFT website, run by the entertainment DAO project, which is active on FiNANCiE.
About SUPER SAPIENSS
This project is being spearheaded by the noted and prominent Japanese movie directors Yukihiko Tsutsumi, Katsuyuki Motohiro, and Yuichi Sato; along with the producer Takeshi Moriya; who have led the Japanese entertainment and movie industries for years.
In this type of entertainment project, the creation process, from the initial script to the completed webtoon or film, is disclosed to the public; therefore, the fans can be consistently involved in the production of each film.
With the help of FiNANCiE's 'token issuance' and 'co-creation community', the project is intended to establish and build an entertainment DAO, using the tokens to bring a revolutionary era of entertainment to the world. As of now, the project has already completed two funding rounds through the issuance of tokens. Over the course of these two funding rounds, the total cumulative sales are over 50 million JPY, and there are approximately 3,000 members of the community supporting the project. In addition, the project will use the sales revenue to create a webtoon that will be released during the winter of 2022.
By holding tokens, supporters will be actively involved in the project through events and milestones in the community rather than overseeing content production. Also, the project emphasizes the valu...
|  | Biden Says US Economy Is 'Strong as Hell'— White House Claims the ...
U.S. President Joe Biden has been criticized for stating that the U.S. economy is 'strong as hell' as inflation rises to a 40-year high. Meanwhile, the White House claims that Biden understands and 'has done the work' to fix the inflation issue.Joe Biden Believes the U.S. Economy Is 'Strong as Hell'
President Joe Biden was criticized on social media Monday for stating over the weekend that the U.S. economy is 'strong as hell.'
Responding to a reporter's question Saturday about whether he had any worry about the strength of the U.S. dollar amid rising inflation, Biden replied while eating ice cream at a Baskin-Robbins in Portland, Oregon:
I’m not concerned about the strength of the dollar. I’m concerned about the rest of the world. Our economy is strong as hell.
'Inflation is worldwide. It’s worse off than it is in the United States,' he continued. 'So the problem is the lack of economic growth and sound policy in other countries, not so much ours.'
Many people took to Twitter to disagree with Biden, reminding the president that many Americans are struggling. Some people tweeted, 'reality says otherwise,' pointing out that the S&P 500 is down more than 25% so far this year.
Congressman Lance Gooden (R-TX) tweeted that in reality '65% of Americans say the economy is getting worse.' Ronna McDaniel, chair of the Republican National Committee, referenced a recent CNN poll stating that 78% of Americans say the economy is 'poor.' A U.S. House candidate from Texas, ...
|  | Federal Energy Agencies' Unwillingness to Act on White House's Crypto Mi...
Jared Huffman, a United States lawmaker who advocates for increased scrutiny of crypto-mining entities, has reportedly chastised U.S. energy agencies that he accuses of failing to act on the White House's call on them to do 'reliability assessments of current and projected crypto-asset mining operations on electricity system reliability and adequacy.' However, a commissioner at the Federal Energy Regulatory Commission, Allison Clements, insists crypto mining should not be singled out from grid studies. Agencies Reviewing White House Recommendations
Jared Huffman, a United States House of Representatives member, has reportedly queried some U.S. federal agencies' unwillingness or reluctance to give their response to recommendations contained in a recently released White House report on cryptocurrency mining.
According to Huffman, a California representative and member of the Democratic Party, the Federal agencies' silence could well mean 'this problem [environmental damage allegedly caused by crypto mining] is potentially getting worse.'
As stated in a Bloomberg Law report, U.S. energy and environmental officials haven't announced plans to pursue possible efficiency standards or to conduct energy use studies as demanded by the White House report. For instance, Costa Samaras, the principal assistant director for energy in the Office of Science and Technology Policy, is quoted in the report acknowledging that agencies are yet to issue a response.
'Each agency is reviewing the rec...
|  | Australia Issues White Paper for Central Bank Digital Currency
Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its goals and invited interested parties to participate with proposals and suggest pilot projects. Central Bank of Australia to Pilot CBDC Until Middle of 2023
The Reserve Bank of Australia (RBA) has set out to explore use cases for a digital version of the Australian dollar. It's collaborating on the project with the Digital Finance Cooperative Research Centre (DFCRC), a research program funded by the government and the financial sector. This week, the two released a white paper for the central bank digital currency (CBDC).
The document titled 'Australian CBDC Pilot for Digital Finance Innovation' details the main objectives of the initiative and explains the design of the new currency. Members of the industry have been invited to propose use cases that have the potential to improve the functioning of Australia's economy and financial system, the RBA announced.
The monetary policy regulator said that one of the key tasks is to also explore business models that could be supported by a CBDC. The pilot project, which was launched in July and will be completed in mid-2023, will also allow financial authorities to better understand technological, legal, and regulatory aspects associated with the issuance of a central bank digital currency.
Compelling use cases, wholesale or retail, will be included in the pilot and u...
|  | Australia Released an Official White Paper of its CBDC
The Reserve Bank (the central banking institution of Australia) collaborated with the Digital Finance Cooperative Research Centre (DFCRC) to unveil a technical White Paper on its future CBDC.
The organization is expected to complete the pilot version of the financial product by the middle of 2023.
Australia joined the list of countries, racing to issue a digital form of their national currency.
According to a recent announcement, the Reserve Bank issued a White Paper called 'Australian CBDC Pilot for Digital Finance Innovation,' which explores the use-cases of the upcoming product.
To launch it, the institution teamed up with the Digital Finance Cooperative Research Centre (DFCRC) on a research project that examined all technological, legal, and regulatory considerations related to the CBDC.
Additionally, the Reserve Bank enabled industry participants to give their opinion on how the digital dollar would interact with the national monetary network.
Ordinary participants could also evaluate the product and test its value proposition.
The trial is expected to end at the beginning of 2023, while results should be announced by the middle of next year.
In September 2021, the Reserve Bank joined forces with the central banks of Malaysia, Singapore, and South Africa to conduct a cross-border transactions trial using CBDCs.
The Bank of International Settlement's Innovation Hub also took part in the project by overseeing the actions of the aforementioned financial institutions.
Assis...
|  | White House Releases 'First-Ever' Framework for Digital Asset Developmen...
The White House has now released what it called its 'first-ever' comprehensive framework for the responsible development of digital assets just over six months after U.S. President Joe Biden signed an executive order on the same matter. However, one crypto industry leader has lamented the lack of clarity and understanding of the technology in the White House's fact sheet. Reinforcing United States Leadership in the Global Financial System
Just over six months after U.S President Joe Biden signed an Executive Order (EO) outlining the government's multi-pronged approach toward digital assets, the White House, on September 16, unveiled what it termed the 'first-ever comprehensive framework for digital asset development.'
Explaining the Biden administration's decision to release the framework, the White House said while digital currencies may have the potential to 'reinforce the U.S. leadership in the global financial system,' they still pose risks to investors and consumers as evidenced by the crypto market's crash in May.
Therefore, to protect millions of people, including United States residents that have acquired digital assets, U.S government agencies have developed frameworks that advance six key priorities identified in the EO. The six key priorities identified in the March 9 EO are consumer and investor protection, financial stability, countering illicit finance, the United States' leadership in the global financial system, financial inclusion, and responsible innovation....
|  | Cardano On White House Crosshair Can Push ADA Up This Route
The recent White House announcement has placed the spotlight on Cardano as the leading Proof-of-Stake blockchain that’s currently on the market. This recent news follows the announcement of the Vasil upgrade which aims to improve usability and scalability.
A simple Twitter search of ADA will result with tweets of happy and confident traders and investors.
“Here is the White House energy report showcasing #Cardano as the largest proof of stake blockchain in the world. Probably something,” said Dan Gombardello in a recent tweet.
Chart: TradingView.com
At the day of the announcement, ADA’s price went up 7.43 percent with a high of $0.5243 before stabilizing at the range $0.5215 to $0.4992.
Using the regression trend tool, we can clearly see an uptrend forming even several days before the White House announcement. This uptrend formed clearly after the recent crash in the early half of August.
Chart: TradingView.com
Cardano Gets Some Lift From White House Announcement
During this crash, the coin experienced a 25.18 percent drop in price. It continued stabilizing at the $0.4354 support line. Trade volumes have also risen since the announcement at 3.63 million.
This solid but slow uptrend coupled by the announcement further solidified confidence in the coin.
Trade indicators also point to buy signals as the price further stabilizes at the 50% percent Fib level which sits at the $0.4992 range. The bulls have also tested the 38.2...
|  | White House Report Recommends Banning Bitcoin Mining to Slash GHG Emissi...
The White House Office of Science and Technology Policy (OSTP) has released a report examining the connection between distributed ledger technologies (DLT) and climate change.
The office determined that crypto’s relationship with the environment is a mixed bag. While acknowledging the positive impact that mining can have on grid stability and renewable development, it can also exacerbate “environmental justice issues” due to greenhouse gas (GHG) emissions and other factors.
As such, the office suggested that the administration may have to consider banning the use of proof of work as a consensus mechanism.
Crypto: An Environmental Threat?
The report – titled “Climate and Energy Implications of Crypto Assets in the United States” – is a response to President Biden’s crypto executive order in March. The president directed over 20 administrative figures and agency heads to submit research reports and recommendations on various crypto-related topics to help foster responsible industry regulation.
“Crypto-assets could hinder broader efforts to achieve net-zero carbon pollution consistent with U.S. climate commitments and goals,” stated the OSTP in the report.
In particular, it stated that blockchains using a proof of work (POW) consensus mechanism – especially Bitcoin – use a “significant amount” of electricity and contribute to air, water, and noise pollution in some areas. ...
|  | Bitcoin Mining Threatens America's Climate Change Efforts, White House S...
The Biden administration is concerned about digital currency mining operations affecting climate change, after the U.S. Office of Science and Technology Policy published a report that says politicians should take action against crypto mining. The federal government's entity recommends the Biden administration should encourage more research about mining's electricity consumption and codify public policy for the entire mining industry.Office of Science and Technology Policy Report Claims Something Needs to Be Done to Stop Crypto Mining Pollution
According to the U.S. Office of Science and Technology Policy (OSTP), bitcoin mining could curb the government's efforts to battle climate change. The OSTP document claims crypto mining operations, particularly blockchains that leverage proof-of-work (PoW), cause air, noise, and water pollution, according to a report published by Bloomberg.
The OSTP's report declares that cryptocurrency mining could 'raise environmental justice issues for underserved communities.' U.S. president Joe Biden ordered the OSTP and several other agencies to report on the effects of crypto mining production last March.
The OSTP report published on Thursday is one of the first studies to hit Biden's desk after he initiated the executive order six months ago. The OSTP recommends that the U.S. government should create public policy immediately in order to stop the pollution allegedly associated with PoW mining.
The science and technology department of the United ...
|  | B2Broker & Its Innovative White Label cTrader Solution: What's New?
B2Broker, a market leader in providing liquidity and technological solutions for the Forex and crypto industry, is proud to announce the release of its new White Label cTrader platform. The new solution was developed with the intention of giving brokers access to one of the most well-liked multi-asset trading platforms currently available on the market. cTrader provides an intuitive and comfortable interface that will make online trading accessible to everyone. With this new platform, B2Broker is committed to providing the best possible experience for its clients.
The cTrader platform is ideal for professional traders who want cutting-edge capabilities and complex trading tools. Brokerage businesses may now provide their consumers with a comprehensive cTrader trading environment thanks to B2Broker's White Label solution. As a result, cTrader is the obvious choice for anyone seeking first-rate trading experience.
Description of White Label cTrader Solution By B2Broker
Do you want to start your own Forex, cryptocurrency, or multi-asset brokerage? Are you looking to scale your existing brokerage to increase your reach and attract more customers? B2Broker's White Label cTrader solution makes it simple to do so. Institutional and retail organizations may brand the platform in whatever design style they choose thanks to its powerful user interface, making it simple to provide tailored services to their clients.
“cTrader is a well-known platform with a proven track recor...
|  | B2Broker's New Breakthrough Solution – White Label cTrader
PRESS RELEASE. White Label cTrader, a new offering from B2Broker, a market leader in liquidity and technological ecosystem for the Forex and crypto industries, has been officially released. Thanks to the new solution, brokers will now be able to access one of the most popular and functional multi-asset trading platforms the market can offer nowadays. As a famous and outstanding trading platform, cTrader boasts advanced capabilities and powerful trading instruments, contributing to the platform's reputation as a favorite solution for experienced traders and investors from different industries. The trading environment on cTrader can be easily customized and adapted utilizing the B2Broker White Label package, so brokers can give their clients the best trading experience possible.
About White Label cTrader
B2Broker's White Label cTrader solution is the fastest and easiest way to launch your own FX/Crypto brokerage, exchange, or multi-asset firm. This solution is also perfect for elevating your existing brokerage to new heights, expanding its reach and enhancing its profits. Both institutional and retail organizations can offer their customers customized services with the platform's advanced user interface that can be branded in any design style.
'cTrader is a well-known platform with a proven track record of success, and it is used by all the market's top brokers. A quick search on the Appstore for cTrader will reveal all the major companies that use this platform.
We believe tha...
|  | Argentine Startup Action Point Develops White Label Solution to Include ...
Action Point, an Argentine startup, has developed a white-label solution that allows banks to offer cryptocurrency services through their already existent ATM infrastructures. The company provides this service in partnership with Lirium AG, a crypto-as-a-service organization, and has already implemented the solution in over a dozen ATMs in the country.
Argentine Startup Action Point Takes Crypto to Fiat ATMs
Latam has been a fertile land for crypto adoption, and now banks in Brazil and Argentina are including cryptocurrency services on their platforms. Action Point, an Argentine startup, aims to surf the wave of this trend by providing middleware tech to help banks achieve this goal. The company has developed a white-label solution for banks to include cryptocurrency services in their already available ATM networks.
The white label property of the tool allows each banking organization to preserve its own digital app as the only way of accessing its services. The solution works on the back of each tech stack, giving the banks the administration of these functions.
For the operation of this service, dubbed Crypto Solution, Action Point has partnered with Lirium AG, a Liechtenstein-based cryptocurrency-as-a-service company, that also provides plug-and-play services, to aid them in fulfilling compliance requirements.
Regarding how compliance is key for this kind of tool, Lirium COO Martín Kopacz stated:
Globally, one of the key demands for...
|  | Volare Network Released Volare Business White Paper 1.0 With Volare Publ...
[PRESS RELEASE - Singapore - August 13, 2022]
Volare Project is a project to construct a vast ecosystem based on blockchain network (“Volare Network”) that proves the commercial viability of the new Equilibrium technology. Volare Network has released its first white paper 1.0 on August 1, 2022 (please see here).
Current blockchain platforms execute transactions at a considerably slower speed than existing commercial-grade server-client platforms. Those blockchain platforms also suffer from low scalability due to structural flaws that cause the overload of a particular service to negatively impact the entire network. Equilibrium, a blockchain engine developed by EQBR Holdings Co., Ltd. (EQBR Holdings) overcame such problems by (i) a new non-competitive consensus algorithm (Equalize) and (ii) an enhanced micro-service architecture (micro-chain architecture, MCA). That is, Equalize profoundly enhanced transaction speeds while MCA overcame limitations created by rapid network expansion.
Volare Network can have unlimited number of small independent network corresponding to each independent service domain thereunder (micro chain). Based on Equilibrium, each network operating within Volare Network can provide stable services to users with improved speed and scalability, which is supported by the test operation of Volare Network through millions of mini-VOLRs (i.e., free tokens for airdrop purpose) transactions by a half million Whisper Messenger (i.e., wallet of Volare N...
|  | US Inflation Remains Scorching Hot, Jumping to 9.1% in June — Whit...
According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June's CPI data reflected a 9.1% year-over-year increase, even though a number of bureaucrats and economists thought May's CPI data would be the record peak.US Inflation Continues to Print Perpetual New Highs
Inflation continues to climb higher in America as the CPI numbers for June show another monthly increase. 'Over the last 12 months, the all items index increased 9.1 percent before seasonal adjustment,' the Bureau of Labor Statistics report notes. 'The increase was broad-based, with the indexes for gasoline, shelter, and food being the largest contributors.' The inflation increase in June was yet another record-setting spike as it rose at the fastest pace since November 1981.
After the CPI report was published, U.S. president Joe Biden's administration addressed the subject. The White House also claimed that the data is already out of date and the CPI report does not reflect 'the full impact of nearly 30 days of decreases in gas prices.' In fact, the White House says that 'core inflation' has dropped for the third month in a row.
'Importantly, today's report shows that what economists call annual 'core inflation' came down for the third month in a row, and is the first month since last year where the annual 'core' inflation rate is below six percent,' Biden's statement detailed on Wednesday.
Acc...
| | White House Drafts Report on Energy Consumption, Crypto Mining in Scope
The Biden administration is reportedly preparing policy recommendations to reduce the energy consumption by cryptocurrency mining rigs and control emissions footprint.
According to coverage by Bloomberg, the report on energy consumption that will include cryptocurrency mining, emissions, grid strain, and noise is expected to release in coming August.
Costa Samaras, principal assistant director for energy for the White House Office of Science and Technology Policy, was quoted saying:
'It’s important if this is going to be part of our financial system in any meaningful way, that it’s developed responsibly and minimizes total emissions. When we think about digital assets, it has to be a climate and energy conversation.'
The report, which is currently being drafted, could be one of the first studies after President Joe Biden's executive order that asked federal entities to monitor crypto mining activities.
In April, this year, a coalition of House Democrats had pressurized the Environmental Protection Agency (EPA) to crack down on greenhouse gases from the cryptocurrency mining industry.
However, many view the role of the federal government as forming disclosures to market players who will then enforce crypto miners to clean up their operations.
Last month, Energy Web had recently launched a scoring mechanism to gauge how Bitcoin miners and other industries are using their consumption to reduce emissions. Its CEO, Jesse Morris, stated:
'I have a really hard t...
|  | Ubisoft Backs White Star Capital's $120M Crypto Fund
The French game developer has doubled down on its cryptocurrency endeavors by backing a digital assets fund in fundraising that could go up to $120 Million. The fund will focus on small and medium-size crypto companies working towards the mass adoption of digital assets.
Ubisoft Leads a Crypto-Centric Investment
Ubisoft, the video game studio that created globally renowned games like Assassin's Creed, Far Cry, For Honor, has led a $60 Million investment in White Start Capital's new Digital Asset Fund.
A total of $120 Million is expected to be eventually raised and overseen by White Star Capital, which has attracted institutional investors and wealthy individuals interested in financing the remaining $60 million.
White Star, a firm focused on tech investment, raised $50 Million in 2020 dedicated to crypto companies. Its first Digital Asset Fund was also backed by Ubisoft, which considers its latest move as accelerating its footprints in blockchain gaming. Currently, White Star has over $1 billion under its management.
Sep Alavi, White Star's general partner, revealed that the second Digital Asset Fund will focus on DeFi and gaming, with a focus on companies that are facilitating the mass adoption of cryptocurrencies.
The company’s crypto investments include both equity and tokens. The second fund, with a total value of roughly $60 Million, for now, will back 20-25 companies across North America, Europe, and Asia, through capital deployment between $1 million an...
|  | Momentum continues for blockchain shooter game Shrapnel with White Paper...
Shrapnel, a blockchain-enabled moddable AAA first-person shooter game has released its White Paper and unveiled its roadmap following the completion of a successful private token sale.
The $7 million USD private sale saw participation from major industry players including but not limited to Dragonfly, Defiance, Three Arrows Capital, Mechanism, Sfermion, Spartan, and Overwolf to contribute to the ongoing development of the game.
Angel investors include the first pro-gamer Dennis Fong aka Thresh, Stephen Lim, Co-founder of Valorant and Raid Base, Brian Lee, Co-founder of The Honest Company, Keith Nunziata, Portfolio Manager at Citadel Global Equities, and Jason Zhao, Partner at Kleiner Perkins, amongst others.
The news follows a $10.5 million USD seed funding round led by Griffin Gaming Partners, alongside Polychain Capital and Forte, which took place last October. Since then, the Shrapnel team has grown from seven full-time employees to 30 employees, with hiring efforts ongoing.
Spun-out from HBO Interactive, the Shrapnel team has unmatched experience in transmedia, virtual production, and gaming-as-a-service.
Comprised of BAFTA and Emmy award-winning game industry veterans hailing from some of the world’s leading game companies including Xbox, Electronic Arts, and LucasFilm, amongst others, the Shrapnel team will combine compelling competitive gameplay, with a rich set of community creator tools to deliver an ever-evolving game experience.
Never-before-seen details of S...
|  | Ripple Joined by Former White House Advisor as Board Member
Ripple’s Director of Developer Relations – Matt Hamilton – announced his departure due to personal issues. On the other hand, the blockchain firm appointed Michael Warren as the newest member of its Board of Directors. The American has previously served as Senior Advisor in the White House during the Obama administration.
Hiring Former White House Advisor
It is not all gloomy news for Ripple. According to a separate announcement, the blockchain organization welcomed Michael Warren on its Board of Directors. The latter has over 20 years of experience advising clients on economic and geopolitical issues.
He is also the Managing Director of Albright Stonebridge Group, where he consults investors and companies on how to operate their businesses, complying with existing regulatory requirements.
Warren was also part of the White House Presidential Personnel Office during President Barack Obama’s mandate, serving on the Audit Committee.
Ripple raised hopes that via Warren’s appointment, the company will expand its presence in international markets and obtain good relations with global financial watchdogs.
“I’m excited to join Ripple at such a pivotal moment in history, both for the company as well as crypto at large. I have long admired the tenacity shown by Ripple and its management team, using regulatory setbacks in the U.S. as an opportunity to pioneer crypto regulation for the benefit of industry innovation and establish an equal playing...
|  | Viblos Gearing up for Launch of White Paper 1.1
Viblos, a disintermediated, decentralized and direct revenue-based platform for content producers, has announced the upcoming launch of its White Paper 1.1. The platform is very near to its beta launch and community enthusiasm has been growing rapidly. The platform conducted its AMA session on February 25th amidst the growing community’s demand for more information.
Through an algorithmic validation approach that’s based on community consensus, the Viblos platform allows its community to approve their works before introducing them to the market. The creators’ work is also monetizable on the platform. Viblos is a decentralized autonomous organization that was founded in order to give users control over the media that they create and consume on the platform. The Viblos’ DAO is the social media counterpart to Switzerland’s direct democracy. Governance is in the hands of its users, who are in charge of their own data and privacy.
Over the past decade, prominent social media platforms such as Facebook, Instagram and Twitter have progressed from being basic entertainment venues to becoming a cornerstone in many communities' way of life. Today, these sites are owned by a small number of major platforms that have complete control over the internet. While these platforms undoubtedly provide a respectable service to their consumers, the benefits they provide come at an exorbitant price which most users are unaware of. Thi...
|  | Scalable Solutions launches new white label crypto custodial wallet
Scalable Solutions AG, a Swiss company offering B2B solutions for crypto exchanges, today announced the launch of its newest product, the Scalable Wallet.
Supported on iOS and Android, the white label custodial wallet’s interface is designed for ease of use and intuitive navigation for users of all levels with the partnering company's brand at the forefront.
Check out some of the features below:
Ease of use and access - Wallet users can easily buy, send, receive and swap every asset listed on Scalable's white label exchange – that's over 1500 trading pairs and 600+ digital assets.
High-level security - 2FA and identity verification, biometric access through TouchID or FaceID, as well as passcode functionality are all part of the wallet's security features.
Personalization - All wallets are available in one dashboard. Coins of interest can be added to a personal watchlist.
Floating & fixed rates - Allow users to choose between a more profitable rate with higher risk or a less profitable rate with less risk attached. The flexible approach to the exchange of assets allows both professional and beginner traders to feel comfortable.
Card deposits - The wallet accepts bank cards, Apple Pay, Google Pay, Samsung Pay, and more.
'The digital asset industry is continuously expanding, and with it, the demand for secure cryptocurrency wallets and access to digital assets grows. Scalable Solutions is a global blockchain technology infrastructure powerhouse, speciali...
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