After crypto mixer Tornado Cash was sanctioned by the U.S. government two years ago, activity on the platform fell sharply, but in 2024, the protocol began to recover. According to blockchain analytics firm Flipside Crypto, the protocol received more than $1.80 billion in deposits in the first half of 2024 alone, which is about 45 percent higher than deposits in all of last year. According to Arkham Intelligence, the Poloniex exchange hackers who stole more than $100 million last year transferred $76 million to Tornado in the past two months. Similarly, hackers at HECO Bridge and Orbit Chain transferred $166 million and $47.70 million respectively to the mixer this year. Blockchain analytics firm Chainalysis said in a recent report that in line with the general uptick in market activity, coin mixers are starting to recover in 2024. Looking at the growth of individual hybrid services as a whole, WasabiWallet, JoinMarket, and Tornado Cash are seeing the fastest growth.