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What is a cryptocurrency mixer and how does it work?

cryptoweekly by cryptoweekly
May 27, 2025
in bitcoin, News
0

Crypto mixers have often been criticized for enabling illicit activities like money laundering and ransomware payments by obscuring transaction trails.

A cryptocurrency mixer is a specialized service designed to increase the privacy and anonymity of blockchain transactions. 

Unlike traditional financial transactions, which are private by default, most cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) operate on public blockchains. This means every transaction is permanently recorded and accessible to anyone, making it possible for blockchain analysts or malicious actors to trace the flow of funds between wallets.

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  • Russian national arrested in South Korea for attempted crypto robbery
  • Bitcoin 2024 conference sparked 30% price crash — Can bulls escape this year?
  • Can Off the Grid survive Steam’s crypto ban? Rage over Maplestory cheaters: Web3 Gamer
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  • How to research altcoins using ChatGPT and Grok
  • Solana may be a memecoin ‘one-trick pony’ — Standard Chartered

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