WHITE (WhiteRock) has pumped 1.89% in the last 24 hours.

Gate News Bot news, on September 1st, according to CoinMarketCap data, as of the time of writing, WHITE (WhiteRock) is currently priced at 0.00044 USD, with a rise of 1.89% in the last 24 hours, reaching a high of 0.00051 USD and a low of 0.00036 USD. The current market capitalization is approximately 284 million USD, an increase of 5.28 million USD compared to yesterday.

WhiteRock is a fully on-chain cryptocurrency trading platform that allows users to purchase stocks, bonds, and real estate using cryptocurrencies. The platform offers permissionless trading around the clock, with all transactions occurring on-chain, ensuring transparency and immutability. WhiteRock also offers USDX, a high-yield on-chain stablecoin savings account with an annual yield of 5%. The project is developed by an experienced team from top global banks such as Goldman Sachs, ING, and Emirates NBD, and collaborates with renowned custodians like BlackRock, StoneX, and First Citizens Bank.

Important recent news about WHITE:

1️⃣ The WHITE project is suspected to be associated with ZKasino.

Famous on-chain investigator zachxbt recently published an investigation result, pointing out that the WHITE project is associated with a suspected scam project named ZKasino. This allegation could negatively impact WHITE’s market reputation and raise investors’ concerns about the project’s legitimacy.

2️⃣ The U.S. government releases a report on cryptocurrency assets.

The White House working group recently released a comprehensive report on crypto assets, which includes legislative proposals and details on cryptocurrency reserves. Although the report does not directly mention WHITE, such regulatory trends could have a broad impact on the entire cryptocurrency market, and projects including WHITE may face stricter regulatory scrutiny.

3️⃣ The trend of privacy protection in the crypto industry is strengthening.

The industry’s attention to privacy protection is increasing, as the privacy chat application White Noise recommended by Jack Dorsey has gained attention. This trend may drive more users to focus on privacy protection features, which in turn could impact user demand and product development direction for cryptocurrency trading platforms like WHITE.

From a technical perspective, WHITE has shown a certain rise in momentum over the past 24 hours, but the price volatility is significant. Considering the current market environment and the challenges facing the project, investors should closely monitor the project’s subsequent developments and market reactions.

This message is not intended as investment advice; investors should be aware of market volatility risks.