Cryptocurrency mixing service Bitcoin Blender has reportedly willingly shut down after issuing a brief discover asking its customers to withdraw their funds, tech information outlet BleepingComputer studies on May 30.
Per the report, the message describing the service that appeared on the homepage of the web site current each on the Tor community (also known as the darknet, darkish internet or deep internet) and on clearnet earlier than it shut down was the next:
“We are a hidden service that mixes your bitcoins to take away the hyperlink between you and your transactions. This provides a necessary layer of anonymity to your on-line exercise to guard towards ‘Blockchain Analysis.’”
The shutdown was reportedly introduced each on the homepage of the darkish internet web site and on the BitcoinDiscuss Forums on Monday. Some customers reportedly missed the quick time window and weren’t capable of withdraw their funds, as one person mentioned on the aforementioned discussion board:
“I lately got here to know concerning the shutting down technique of bitblender, I had a lot cash saved onto it. I sadly missed the withdrawal warning as I used to be away for previous few weeks. I’m attempting to entry http://bitblendervrfkzr.onion/ for final 2~three hours however I cannot succeed.”
At press time, whereas the Tor mirror is at present inaccessible, the clearnet web site continues to be on-line.
As Cointelegraph lately reported, Dutch, Luxembourg authorities and Europol shut down one of many three largest cryptocurrency tumblers, BestMixer, after an investigation discovered quite a lot of cash from the mixer had been utilized in cash laundering.
Ethereum (ETH) co-founder Vitalik Buterin proposed shortly after the shutdown the potential of creating an on-chain good contract-based ether mixer.