Volume for Samourai Wallet'southward non-custodial Bitcoin mixer, Whirlpool, tripled last calendar month, with the service processing more than $10 one thousand thousand worth of Bitcoin (BTC).

According to information published to Twitter by Whirlpoolstats' Matt Odell, March activeness  comprised xl% of the then-total volume produced by Whirlpool since its launch in May 2022.

Whirlpool mixer sees tape action

Samourai Wallet'southward Whirlpool has seen a notable increment in user activity during 2022 and so far.

While Whirlpool saw a retraction in user action at the end of 2022 afterward posting a record of 303.55 BTC in book during Oct, each month of Q1 2022 set up consecutive records for the number of Bitcoin'south mixed on the platform.

Monthly BTC volume on Whirlpool

Monthly BTC book on Whirlpool. Source: Matt Odell

In January, a new record of 356.65 BTC was set, followed by 529.05 BTC in trade during February, and 1,523.45 BTC in March.

April appears on-class to ready yet another tape for the service — with 1,020.80 BTC or 67% of March'due south total having been mixed but 11 days into the month.

Whirlpool targets mobile users

Upon launch, Whirlpool claimed to comprise the starting time mobile-first Bitcoin mixing service.

The service uses CoinJoin to shuffle UTXO's and mitigate any deterministic links betwixt them. According to Samourai, each mixing cycle can be interpreted 1,496 different ways, with further cycles increasing interpretations exponentially.

User funds are grouped into pools of 0.01 BTC, 0.05 BTC, and 0.five BTC when mixed. The 0.05 BTC and the 0.5 BTC pools take generally oscillated between comprising the largest pool past monthly book.

Users turn to CoinJoin services among tightening KYC

The increment in Whirlpool book comes amongst tightening regulations from governments seeking to comply with Fiscal Activity Task Force (FATF) recommendations and enhanced anti-money laundering requirements on regulated centralized exchanges.

In Dec 2022, crypto commutation Binance Singapore reportedly froze a customer'due south funds amid an investigation into a transaction that had been mixed using Wasabi wallet's CoinJoin service.

A Binance representative told Cointelegraph that its Singaporean exchange "does not tolerate whatever transactions directly and indirectly associated with gambling, P2P, and particularly darknet/mixer sites."

In February 2022, Ohio local Larry Harmon was arrested for allegedly operating the darknet Bitcoin mixing service Helix from 2022 until 2022. IRS Criminal Investigation head, Don Fort, stated that "the sole purpose of Harmon's functioning was to conceal criminal transactions from constabulary enforcement on the Darknet."