Bitcoin News and Finance
World’s Largest Monero Accepting Darknet Market Reveals Retirement Plan — White House Admins Say DNM ‘Reached Its Goal’ Skip to main content

World’s Largest Monero Accepting Darknet Market Reveals Retirement Plan — White House Admins Say DNM ‘Reached Its Goal’

World's Largest Monero Accepting Darknet Market Reveals Retirement Plan — White House Admins Say DNM 'Reached Its Goal'

One of the largest darknet markets (DNM), White House, announced the market is retiring as the DNM’s administrators say the team has reached its goal. After revealing the retirement plan, White House admins explained that user registration and orders have been disabled.

Darknet Market White House Plans to Close Its Doors Soon, User Registration and Orders Have Been Disabled

When the DNM Dark Market was seized by global law enforcement, White House marketplace became the second-largest DNM just below the Russian darknet behemoth Hydra. White House also was a monero (XMR) only DNM, which means XMR was the only digital currency accepted by White House vendors.

White House and the DNM Archetyp Market were the only two DNMs that had a strict XMR only rule. However, the administrators of White House market announced the DNM is closing down voluntarily as the team has reached its goal. White House (WH) admins further emphasized that users should not expect the DNM to return so if a WH platform does appear on the deep web, it’s a phony or knock-off and not run by the original WH creators.

“We have reached our goal and now, according to plan, it’s time for us to retire,” the WH admins detailed in an announcement posted to the DNM forum Dread. “Effective immediately user registration and ordering have been disabled, everything else (yes, withdrawals included) is working as usual. We will keep the market online for a limited time until open orders are finalized, disputes handled and coins withdrawn. We don’t know how long that will take but don’t expect to come back 6 months from now and find the market up,” the WH team member’s farewell letter notes. The WH retirement letter further adds:

All market rules are still in effect so users should not try to take advantage of the situation and scam, the feedback system is still working and will be shared with Recon and other markets. Because this week’s featured listings and stickies won’t generate any revenue, vendors who paid for them will be refunded via their market wallet. Vendors can now advertise the markets where they operate on their vendor profiles however direct contacts are still disallowed.

11 Darknet Markets Still Accept Monero

On October 2, the researcher and official Twitter account for Dark.fail, an anonymous journalist researching the uncensored internet, gave his followers an alert that WH was retiring. “ALERT: White House Market is retiring,” Dark.fail tweeted on Saturday. “New orders and registrations are disabled. The site remains online. There is no indication of an exit scam or compromise,” the researcher added.

As mentioned above, monero (XMR) users can still access the DNM called Archetyp Market in order to use XMR. Furthermore, there are DNMs that offer a mix of both BTC and XMR acceptance. Versus Market, Cannazon, Tor 2 Door, Cypher Market, and Revolution offer both BTC and XMR by choice while Monopoly Market, Dark0de, ASAP Market, World Market, Cartel Marketplace, and Liberty Market admins force all vendors to accept both coins.

What do you think about White House administrators announcing on Dread that the marketplace will be closing its doors and won’t be returning? Let us know what you think about this subject in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory