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Illicit Crypto Markets Huione and Xinbi Resurface on Telegram

The previously banned illicit cryptocurrency marketplaces Huione and Xinbi have reappeared on Telegram under new aliases, according to a recent report by TRM Labs. They were originally shut down in May due to regulatory concerns, but have now quietly returned, posing ongoing risks to investors and compliance efforts.
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AI Analysis

The re-emergence of Huione and Xinbi on Telegram after their ban indicates a persistent challenge in regulating illicit cryptocurrency activities online. Despite their removal in May, these channels h...

AI Recommendation

Investors and users should exercise caution and remain vigilant regarding illicit cryptocurrency marketplaces. Since these channels have demonstrated resilience by rebranding and resurfacing, relying ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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Bitcoin price dips below 114k USD, signaling a potential short-term correction

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Matrixport and DDC Limited Collaborate to Boost Bitcoin Custody with Cactus Custody Security

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Bitcoin and Ethereum Set to Reach New All-Time Highs at $100,000 and $3,000

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Minor Uptrend in Cryptocurrency Price Despite Slight Gains

The cryptocurrency associated with #TRUMP, #GOI, and #BITTON shows a slight positive movement, with a 0.11% increase in dollar and Ruble terms, indicating a possible continued upward trend.
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