Dream, the Most Popular Darknet Marketplace (DNM), is Shutting Down Amidst Speculation
Dream, the very popular marketplace on the dark web, has announced that it will be shutting down its service in less than a month with plans to relaunch at a later time and with a new name. This announcement was received with a lot of apprehension in the dark web sphere, with people assuming that the shutdown may be tied to official authorities catching up to the site.
Reason For Shutdown
For about five years since Dream has existed, it has been one of the most trustworthy places on the dark web with a strong reputation among its many vendors and customers. Somehow, it has also managed to escape the grip of the law as the authorities have not been able to impede any of the activity taking place there.
However, in recent times, the much-loved marketplace has had considerably sporadic service because of continuous attack from malicious hackers who aim to squeeze out money from Dream. More specifically, a very dogged DDoSer succeeded in kicking the site offline a few times and has been consistently attacking Dream for seven weeks. The Dream management has now come out to say that the extorter is demanding that Dream pays $400k.
The management has also explained things by making a post on Dread, a forum just like Reddit but on the darknet. According to the post:
“Dream Market has been DDoSed for the last 7 weeks by a user that wanted 400k in USD and we have denied that. The problem with the DDoS was a big issue for dream market, our team of Dream Market worked as hard as they could. But the real problem about the DDoS attack is on the TOR browser side, so we had no power to resolve this error.”
The post also asked its users to ignore the rumors, fear, uncertainty and doubt that some naysayers have been spreading about the shutdown being really caused by law enforcement agencies. Furthermore, users were encouraged to remove their money before the marketplace would officially be shut down and also asked to be patient and wait for the launch of the new market place which will be as impressive as Dream.
“To make everyone happy, wait for the new market to come out. It’s going to be as good as Dream itself…All I am asking you is to have a smile, be hyped and wait till the new market comes out.”
The Marketplace Sphere On The Darknet
Apparently, the darknet has a lot of different services that run virtual markets but it would seem that a large number of them are a scam with only a few legitimate ones in comparison. However, the problems that Dream is currently facing seems like a buoy for all the other legitimate places that are all now recording a large number of customers.
One of the biggest places who has benefited from Dream’s impending closure is Wall Street Market which seems to be getting a lot more popular by the day. Both places are largely powered by cryptocurrencies with the Wall Street Market receiving BTC and XMR while Dream receiving both BTC and BCH.
No one is sure about how exactly the new market proposed by Dream will run. Will it accept the same cryptocurrencies? What are the plans to make sure that the same DDoS problems will not resurface? These are some of the questions that are yet to be answered.
Currently, even though there is no pointer to the fact that Dream’s shutdown was caused by some compromise or the other, it is almost impossible for conjecture to stop about what the real reasons are. This will most likely go on until the service can kick off again and even then, would have a lot of work to do in reclaiming all the faith it may have already lost.