"For years, Bitcoin wallet Wasabi has led its users to believe its crypto mixing service was private and untraceable."
Turns out, blockchain analytics unit Chainalysis could de-anonymize Wasabi’s mixer with open source techniques.
Experts have known about a flaw in peelchain-centric designs since July 2019. A member of Samourai described how he could trace 10 BTC ($389,000) through Wasabi’s mixing process.
According to Bitcoin developer LaurentMT, anyone interested in tracing Wasabi’s mixed coins could do so without advanced tools. Chainalysis simply used a public flaw in the Wasabi mixing service."
https://protos.com/bitcoin-mixing-coinjoin-wasabi-chainalysis-samourai-privacy-wallet/
#crypto #btc #bitcoin @UnchainedInnovations
Turns out, blockchain analytics unit Chainalysis could de-anonymize Wasabi’s mixer with open source techniques.
Experts have known about a flaw in peelchain-centric designs since July 2019. A member of Samourai described how he could trace 10 BTC ($389,000) through Wasabi’s mixing process.
According to Bitcoin developer LaurentMT, anyone interested in tracing Wasabi’s mixed coins could do so without advanced tools. Chainalysis simply used a public flaw in the Wasabi mixing service."
https://protos.com/bitcoin-mixing-coinjoin-wasabi-chainalysis-samourai-privacy-wallet/
#crypto #btc #bitcoin @UnchainedInnovations
Protos
US government spooks have cracked ‘anonymous’ Bitcoin wallet Wasabi
For years, Wasabi claimed its Bitcoin mixing service was private and untraceable. But Chainalysis can track funds with simple techniques.