Pages:
Author

Topic: Bitblender shutting down? - page 3. (Read 866 times)

legendary
Activity: 2590
Merit: 3014
Welt Am Draht
May 27, 2019, 06:12:50 PM
#4
Indeed, it's really very bad news to the mixing industry and those who love anonymity. What next is going to be a target by these authorities... Perhaps privacy coins, decentralized P2P exchanges like Bisq?

The future of mixing, and indeed many other services, is in proper decentralisation. I think it's pretty safe to say that in this area centralisation has largely proven to be a liability, not an asset.

It'll be interesting to see if centralised exchanges will identify and reject coins put through decentralised services. And privacy coins could go either way.

Fincen released a statement that wasn't completely derogatory about privacy coins. I think they recognise that it's not an automatic evil. There will be a need for such thing in future. Fincen also made the distinction between hosted services like Bitblender and those who develop mixing software.

https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations
copper member
Activity: 2072
Merit: 1809
฿itcoin for all, All for ฿itcoin.
May 27, 2019, 06:00:19 PM
#3
Indeed, it's really very bad news to the mixing industry and those who love anonymity. What next is going to be a target by these authorities... Perhaps privacy coins, decentralized P2P exchanges like Bisq?

When Bestmixer was shut down, i could help but notice  statement by FOID

Quote
One of the three largest mixing services

Bestmixer.io is one of the three largest mixing services for cryptocurrencies and offered services for mixing the cryptocurrencies bitcoins, bitcoin cash and litecoins. The service started in May 2018 and achieved a turnover of at least $200 million (approx. 25,000 bitcoins) in a year’s time and guaranteed that the customers would remain anonymous.

The operation against Bestmixer.io is a significant and important step in the fight against criminal flows of money in general and virtual criminal flows of money in particular.

https://www.fiod.nl/blog/2019/05/22/the-fiod-and-the-public-prosecution-service-take-money-laundering-machine-for-cryptocurrencies-offline/

It clearly shows that the remaining old Mixer services are also being targeted.
When you talk about the three largest mixing services right now then obviously Chipmixer and Bitblender can't miss out being among them.
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 27, 2019, 05:14:08 PM
#2
https://bitcointalksearch.org/topic/m.51242960

Bitcoin Blender is shutting down. Please withdraw.

It looks like another bitcoin mixing services is going to close its service. I assume they are not under pressure from authorities that's why they decided to close down.
There were no explanation from them so I do not think assuming something will be wise. It's not a very good news for the mixing industry.
legendary
Activity: 2576
Merit: 1655
May 27, 2019, 05:10:33 PM
#1
https://bitcointalksearch.org/topic/m.51242960

Bitcoin Blender is shutting down. Please withdraw.

It looks like another bitcoin mixing services is going to close its service. I assume they are not now under pressure from authorities that's why they decided to close down.
Pages:
Jump to: