May 19, 2020 New report highlights the growing use of Bitcoin mixing services by darknet users.

A new report released on Tuesday by Crystal Blockchain, a subsidiary of the blockchain technology company, Bitfury, has found that Bitcoin mixing services are seeing increased use by darknet users. Specifically, the study found that the US Dollar value of Bitcoin transferred between darknet entities increased by 65% in Q1 2020 compared to Q1 2019, concluding that the trend is due to the cryptoasset’s popularity, ‘ease of use’ and ‘mass adoption’. The company also discovered a marked increase in the amount of BTC that darknet users sent to mixers in the quarter that corresponded with a reduction in the use of cryptoasset exchanges that require user verification.