What are coin mixers, and how are they used in high-profile hacks? Crypto mixers, or tumblers, are basically smart contracts ...
Bybit hackers use Bitcoin mixers to launder $1.5 billion in stolen cryptocurrency. CEO Ben Zhou reports on the ongoing challenge of tracing funds and recovery efforts. Bybit hackers are stepping up ...
On August 8, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned crypto-mixer Tornado Cash – which was founded in 2019 – for its use in several ...
“Crypto mixers” exist because of a peculiar feature of cryptocurrencies—most are fully traceable using their public blockchain ledgers. To provide more privacy to crypto account owners, a mixer will ...
Privacy coins, mixers and layer-2 platforms can make it difficult for law-enforcement agencies to trace funds, according to a report from the European Union's ...
Crypto mixers are one of the most controversial offerings within the blockchain sector. Also known as tumblers, these platforms receive cryptocurrency from users, and then mix together funds before ...