On May 27, cryptocurrency supporters learned that the anonymous BTC mixer Bitcoin Blender would be shutting down. The news follows the recent closure of Bestmixer.io after it was seized by global law enforcement.
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Bitcoin Blender Bows Out
Another popular bitcoin mixing platform is closing its doors, but unlike Bestmixer.io, Bitcoin Blender is doing so voluntarily. Last Monday, on the organization’s official thread on the Bitcointalk forum, the Bitcoin Blender admin, ‘Blender,’ told the community the business was shutting down and to “please withdraw” funds. Bitcoin Blender was a popular mixing operation for over five years and it’s considered one of the oldest tumblers out there. It provided tumbling services that would give users the ability to send to 10 different addresses for fees between 1-3%. The Bitcoin Blender operation randomized fees in order to obfuscate tumbled transactions. The mixing service offered an auto-withdrawal, an onion address on the invisible web, and a quick mode as well.
Like many other centralized mixers, Bit Blender has mixed reviews. Some users called it a top-notch mixing operation, while others have complained of losing funds. After the anonymous admin announced that the service would be closing many people asked why the site was shutting down. “Does this have anything to do with the recent hunt against some mixers by government agencies and the fall of Bestmixer?” one commenter asked. “Or he is closing shop and running away with the profits that he has gained so far — That would be a smart decision if he isn’t sure of his opsec,” ventured another person on the Bitcointalk thread.
