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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    Major Crack in Trump’s Memecoin Alliance – Trump’s Sons Send Cease-and-Desist Letter to Memecoin Company, TRUMP Price Plummets

    Major Crack in Trump’s Memecoin Alliance – Trump’s Sons Send Cease-and-Desist Letter to Memecoin Company, TRUMP Price Plummets

    from color as theory to generative art with NFTs

    from color as theory to generative art with NFTs

    Yuga Labs sheds NFT icons as it doubles down on Apes and Otherside

    Yuga Labs sheds NFT icons as it doubles down on Apes and Otherside

    Trump Deepfake Calls for Velociraptors on Border Patrol, Racks Up 1.2M Views

    Trump Deepfake Calls for Velociraptors on Border Patrol, Racks Up 1.2M Views

    Mintable unveils green NFT card game at Singapore climate festival

    Mintable unveils green NFT card game at Singapore climate festival

    Solana Trump NFTs Airdropped to Crypto Dinner Guests—One Already Sold for $16K

    Solana Trump NFTs Airdropped to Crypto Dinner Guests—One Already Sold for $16K

    NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

    NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

    NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound

    NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound

    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

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    Sparkball Brings Esports and Blockchain Together with a Fresh Spin on Competitive Gaming

    Sparkball Brings Esports and Blockchain Together with a Fresh Spin on Competitive Gaming

    ‘FIFA Rivals’ Game Launching Next Week on iOS, Android

    ‘FIFA Rivals’ Game Launching Next Week on iOS, Android

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    Goblin Saga Taps Aylab to Drive Web3 User Acquisition and Revenue Streams

    Inside the Hedera Hashgraph Wallet NFT Scam: How Users Are Being Exploited

    Inside the Hedera Hashgraph Wallet NFT Scam: How Users Are Being Exploited

    HeLa Labs Joins DragonMaster to Redefine Web3 Gaming

    HeLa Labs Joins DragonMaster to Redefine Web3 Gaming

    How Pixels Staking Works: Support Featured Games and Earn $PIXEL

    How Pixels Staking Works: Support Featured Games and Earn $PIXEL

    The Flappy Bird Crypto Game That’s Paying Out More Than You Think

    The Flappy Bird Crypto Game That’s Paying Out More Than You Think

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    Vi Powils Named CEO of World of Women as Project Enters New Growth Phase

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    Polyhedra Network launches Proof Cloud in open beta

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    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    UAE emirate launches new free zone for digital assets, Web3 and AI

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  • Guides
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    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

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    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

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    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

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    What’s the Real Difference for Beginners?

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    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

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    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Major Crack in Trump’s Memecoin Alliance – Trump’s Sons Send Cease-and-Desist Letter to Memecoin Company, TRUMP Price Plummets

    Major Crack in Trump’s Memecoin Alliance – Trump’s Sons Send Cease-and-Desist Letter to Memecoin Company, TRUMP Price Plummets

    from color as theory to generative art with NFTs

    from color as theory to generative art with NFTs

    Yuga Labs sheds NFT icons as it doubles down on Apes and Otherside

    Yuga Labs sheds NFT icons as it doubles down on Apes and Otherside

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    Trump Deepfake Calls for Velociraptors on Border Patrol, Racks Up 1.2M Views

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    Mintable unveils green NFT card game at Singapore climate festival

    Solana Trump NFTs Airdropped to Crypto Dinner Guests—One Already Sold for $16K

    Solana Trump NFTs Airdropped to Crypto Dinner Guests—One Already Sold for $16K

    NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

    NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

    NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound

    NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound

    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

  • Gaming
    Sparkball Brings Esports and Blockchain Together with a Fresh Spin on Competitive Gaming

    Sparkball Brings Esports and Blockchain Together with a Fresh Spin on Competitive Gaming

    ‘FIFA Rivals’ Game Launching Next Week on iOS, Android

    ‘FIFA Rivals’ Game Launching Next Week on iOS, Android

    Goblin Saga Taps Aylab to Drive Web3 User Acquisition and Revenue Streams

    Goblin Saga Taps Aylab to Drive Web3 User Acquisition and Revenue Streams

    Inside the Hedera Hashgraph Wallet NFT Scam: How Users Are Being Exploited

    Inside the Hedera Hashgraph Wallet NFT Scam: How Users Are Being Exploited

    HeLa Labs Joins DragonMaster to Redefine Web3 Gaming

    HeLa Labs Joins DragonMaster to Redefine Web3 Gaming

    How Pixels Staking Works: Support Featured Games and Earn $PIXEL

    How Pixels Staking Works: Support Featured Games and Earn $PIXEL

    The Flappy Bird Crypto Game That’s Paying Out More Than You Think

    The Flappy Bird Crypto Game That’s Paying Out More Than You Think

    ‘Flappy Bird’ Is Making a Crypto Gaming Push After All

    ‘Flappy Bird’ Is Making a Crypto Gaming Push After All

    Vi Powils Named CEO of World of Women as Project Enters New Growth Phase

    Vi Powils Named CEO of World of Women as Project Enters New Growth Phase

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

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    Key Innovations, Challenges, and What Comes Next

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    Types, Use Cases and Why They Matter

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    What’s the Real Difference for Beginners?

    What’s the Real Difference for Beginners?

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home DeFi

ZkSNACKs to sunset coinjoin anonymizing service amid US coin mixer crackdown

May 6, 2024
in DeFi
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ZkSNACKs to sunset coinjoin anonymizing service amid US coin mixer crackdown
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UPDATED: May 2, 2024 4:54 PM EDT

READ ALSO

Jito becomes largest protocol on Solana with $1.4 billion in TVL

AltLayer introduces reALT token in second phase of staking program

ZkSNACKs is discontinuing its Coinjoin service, which helps anonymize crypto transactions, starting June 1.

The wallet developer is withdrawing support for transaction privacy service Coinjoin amid mounting pressure from law enforcement as US regulators and authorities crack down on coin mixers and other tools that obscure crypto transactions. The closure comes shortly after authorities arrested the co-founders of Samurai Wallet, which is also suspected of participating.

So-called coin mixers obscure the origin and destination of crypto transactions, making it difficult for international authorities to identify dirty money laundering. Although Coinjoin bills its tools as more complex and entirely different from coin mixers, the technology is used to the same effect as traditional mixing services.

ZkSNACKs’ closure of its privacy-focused transaction tool follows other steps the project has taken to limit its legal liability in the United States. Last week, ZkSNACKs blocked access to its Wasabi Wallet for US citizens and residents.

The discontinuation of legally ambiguous products by crypto companies in the US underlines growing concerns about authorities’ hostility towards some cryptocurrency services in the US. Last year, US law enforcement arrested Tornado Cash developer Roman Storm for money laundering and conspiracy fraud related to his platform’s token. mixing services.

UPDATE: Adds nuance to the article and acknowledges Coinjoin’s claims that its offering is different from that of a traditional coin mixing service. (4:54 PM ET)


See also  The SEC plans to sue Uniswap, here's what's next

About the author

Elizabeth Napolitano is a data reporter who reports business and technology news, with a focus on cryptocurrencies. Before joining The Block, Elizabeth reported on BigTech, AI, crypto and video games for CBS Moneywatch. As a CoinDesk reporter, she covered DeFi, NFTs and US courts. She has an MA in Journalism from CUNY. Follow her on X: @LizKNapolitano

Tags: anonymizingCoincoinjoincrackdownMixerservicesunsetZkSNACKs

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