Internet’s Largest Bitcoin Mixer Shuts Down Realizing Bitcoin Is Not Anonymous

July 30, 2017  By Catalin Cimpanu


BitMixer homepage


BitMixer, the world’s most popular Bitcoin mixing service has announced last weekend it was shutting down operations effective immediately.


Bitcoin mixing is a process of taking money from one account and breaking it into hundreds or thousands of smaller transactions to transfer it to another account.


For years, it was believed that Bitcoin mixing is a safe way to transfer funds anonymously from one account to another, mainly because there was no technology to track all the transactions and reveal the destination account.


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