Crypto Mixing Service Providers ‘Bitcoin Blender’ Closes Its Operations On A Short Notice.

Crypto Mixing Service Providers ‘Bitcoin Blender’ Closes Its Operations On A Short Notice.

2019-05-31 | Robin Williams

Crypto Mixing Service Providers ‘Bitcoin Blender’ Closes Its Operations On A Short Notice.

In line with a recent report published by ‘BleepingComputer’, Crypto mixing service providers ‘Bitcoin Blender’ has reportedly announced closing its operations after a brief notice asking its users to withdraw their funds.

According to the report, the message describing the service that appeared on the landing page of the web-site represent both on the Tor network [also called as darknet, dark web or deep web] and on clearnet before it terminates was the following:

“We are a hidden service that mixes your Bitcoins to get rid of the link between you and your transactions. This adds a vital layer of anonymity to your on-line activity to shield against ‘Blockchain Analysis.’”

The closure was reportedly declared both on the homepage of the dark web sites as well as on the BitcoinTalk 'Forums' earlier on Monday. Some users reportedly though missed this short time window and therefore, weren't able to withdraw their funds, as one user added on the aforesaid forum:

“I recently came to know regarding the closure of bitblender service, I had a lot of coins saved onto it. I sadly missed the withdrawal warning as i was away for past few weeks. Though, I’m making an attempt to access http://bitblendervrfkzr.onion/ for last 2~3 hours but I can not succeed.”

At the reporting time, while the Tor 'mirror' is presently inaccessible, the clearnet 'web-site' still remains on-line.

As 'reported' earlier, Dutch, Luxembourg authorities and Europol terminates one among the three largest cryptocurrency 'tumblers', BestMixer, after an investigation revealed several of coins from the mixer were being utilized in Money Laundering.

The co-founder of Ethereum [ETH] project ‘Vitalik Buterin’ has also 'proposed' creation of an on-chain smart contract based 'Ether Mixer'.

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