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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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  • Crypto adoption in 2025 spurred by payments, AI: Survey
  • How high can XRP price go from its $3.66 multimonth high?
  • Goldman Sachs, BNY Mellon to offer tokenized money market funds for clients
  • 'This isn't a top': Here's why Bitcoin analysts say BTC will break $123K
  • Bitcoin speculators hint at 'local bottom' as buyers target $117.5K
  • OpenAI, Oracle expand $500B Stargate spend as Musk unveils bold xAI plan
  • CoinShares secures MiCA license in France to cement EU presence

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