The latest blog post by Chainalysis outlined the significant growth in crypto mixers usage by cyber criminals.
Attacks on DeFi platforms, crypto exchanges and related websites have become somewhat of a constant fixture in the past couple of years. When using a mixer, the user pools his tokens with those of others, receiving them back after they have been scrambled with assets provided by others, minus the fee charged by the mixing service.
The highest volume to pass through crypto mixers was reached in April 2022 – $51.8 million worth of digital assets, to be exact. This is almost double the volume recorded in April of 2021 – although, to be fair, that month presented a slight slump in total volume.
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