Huione market crash, Elliptic adds 30 more applications

2025-06-24 02:59:22

Gate News bot reports that, according to CoinTelegraph, the closure of the large encryption dark web market Huione Guarantee has led its users to flock to at least 30 successors, with one market seeing its user base double since May.

After Telegram banned thousands of related accounts and channels, Huione Guarantee was shut down in May.

Elliptic reported on Monday that after the shutdown, the number of users on several Telegram markets has increased, but Tudou Guarantee is the “main winner,” taking up most of the trading volume previously held by Huione.

Elliptic stated: “The number of users for Tudou Guarantee has more than doubled, and the inflow of cryptocurrency is currently roughly equivalent to the inflow amount before the closure of Huione Guarantee.”

BOT-0.36%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.