A popular cryptocurrency service that may appear to enhance anonymity actually doesn’t, according to new research.

By now, savvy cryptocurrency users looking to cover their tracks are well aware that Bitcoin and blockchain systems like it are far from anonymous. Law enforcement officials can trace transactions and even identify who is making them.

Some users believed they’d found a way around this. They thought investigators could only track transactions within blockchains, so they could stay anonymous by moving from one blockchain to another. A number of startups have sprung up that offer exactly this service. Well, blockchain sleuths may have this avenue covered now too. Read More