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Real-time News
ECB Governing Council member Kazmir: Interest rate hikes due to the Iran issue may be faster than expected.March 11 – According to reports, the Taiwan Navys "2026 Goodwill Long-Range Training Flotilla" has set sail for its so-called "diplomatic allies" in Central and South America to carry out "Great Goodwill" missions. Defense Ministry spokesperson Jiang Bin stated that the so-called "goodwill" is merely a pretext for the DPP authorities to "seek independence through foreign influence." The one-China principle is a fundamental norm of international relations and a universal consensus of the international community, serving as the political foundation for Chinas relations with its 183 diplomatic allies. We hope that relevant countries in the region will follow the historical trend and the tide of the times, and make the correct choice that truly conforms to the fundamental and long-term interests of their own people as soon as possible. We solemnly warn the DPP authorities that any form of "Taiwan independence" separatist activities and political manipulation cannot change the fact that Taiwan belongs to China or the international communitys adherence to the one-China principle, and are destined to be futile.On March 11, it was reported that the U.S. Department of Defense has requested that U.S. tech companies allow the military unrestricted use of artificial intelligence (AI) technology. The U.S. military has extensively used AI tools in its military operations against Venezuela and Iran, raising profound concerns about the ethics of war and the boundaries of military technology applications. Defense Ministry spokesperson Jiang Bin stated that unrestricted militarization of AI, using it as a tool to infringe upon the sovereignty of other countries, allowing AI to excessively influence war decisions, and giving algorithms the power of life and death over people, not only erodes the ethical and responsibility constraints of war but could also lead to technological spirals out of control, even turning the catastrophic scenarios depicted in the American film *The Terminator* into reality. China has always adhered to the principle of "people-centeredness and AI for good," and has always maintained that the military application of AI should be human-led. China opposes using the advantages of emerging technologies such as AI to seek absolute military hegemony and to undermine the sovereignty and territorial security of other countries. We are willing to work with all countries to advance the multilateral governance process of AI, with the United Nations at its core, strengthen risk prevention and control, and ensure that AI always develops in a direction conducive to the progress of human civilization.March 11th Futures News: On March 11th, the Shanghai Futures Exchanges energy and chemical warehouse receipts and changes are as follows: 1. Pulp futures warehouse receipts: 153,311 tons, an increase of 741 tons compared to the previous trading day; 2. Pulp futures mill warehouse receipts: 17,000 tons, an increase of 1,000 tons compared to the previous trading day; 3. Offset paper futures warehouse receipts: 0 tons, unchanged compared to the previous trading day; 4. Offset paper futures mill warehouse receipts: 4,160 tons, unchanged compared to the previous trading day; 5. Fuel oil futures warehouse receipts: 0 tons, unchanged compared to the previous trading day. The previous trading day saw no change; 6. Petroleum asphalt futures warehouse receipts totaled 24,640 tons, unchanged from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts totaled 54,110 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts totaled 3,511,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts totaled 26,720 tons, a decrease of 1,910 tons from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts totaled 0 tons, unchanged from the previous trading day.On March 11, Senior Colonel Jiang Bin, Deputy Director of the Information Bureau and Spokesperson of the Ministry of National Defense, issued a statement regarding recent military-related issues. Jiang stated that the United States and Israel, without authorization from the UN Security Council, launched a military strike against Iran during the US-Iran negotiations, seriously violating international law and the basic norms of international relations. China firmly opposes infringements on the sovereignty and security of other countries and opposes the abuse of force and the law of the jungle. We are deeply concerned about the protracted conflict and its spillover effects on neighboring countries. We have always maintained that force is not the correct way to resolve international disputes. Prolonging or even escalating conflicts yields no winners; it will only push the Middle East situation into a dangerous abyss and bring greater disaster to the people of the region. The urgent task is for all parties to immediately cease military operations, return to the track of resolving issues through dialogue and negotiation, and jointly safeguard peace and stability in the Middle East and the world.

DEX dYdX Blocks Tornado Cash Affiliated Accounts Citing US Sanctions

Jimmy Khan

Aug 12, 2022 14:47

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This week, the Office of Foreign Asset Control (OFAC) and the US Treasury imposed an outright ban on Ethereum, putting the decentralized non-custodial privacy solution therein in serious jeopardy.


The government not only forbade its residents from utilizing the services, but it also established similar guidelines for cryptocurrency firms, telling them not to collaborate with the platform. Since that time, dYdX has been the first decentralized exchange to take action in its direction.

After a tornado, dYdX

The DEX gave its clients an explanation of the cause of the Tornado Outage on the platform in a blog post published yesterday.


As the $625 million Axie Infinity Ronin Bridge assault, where Tornado was utilized as a way to transport the stolen cash around, is one of the most well-known hacks in the history of cryptocurrency, the OFAC banned Tornado Cash.


Beyond this, however, Tornado's privacy regulations made it a go-to for thieves. Thus, the OFAC declared it obligatory to avoid Tornado Crash in order to eliminate the likelihood that the same would be sponsored from inside the nation.


As a result, a sizable number of customers saw that dYdX had disabled their accounts because of their connection to Tornado Cash, according to what the DEX had to say.


"This sudden influx of flags affected many account holders who have never directly interacted with Tornado Cash, and frequently such users do not realize the origin of the funds transferred to them during various transactions prior to interfacing with our platform, but we must nonetheless maintain certain restrictions," said Tornado Cash.

A terrifying storm with a tornado

Things started to fall apart as the crypto facilitator platform dealt with OFAC prohibitions, and in only three days, the network's native token, TORN, reached new lows.


Trading for TORN was spotted at $16.3, down from $30 less than a week ago, a drop of more than 45%.


Investor losses as a result of this abrupt blacklisting are unprecedented since the platform has been permanently blacklisted, making it unable to recoup from the price collapse of 45%.


And now that both DeFi and non-DeFi crypto exchanges are acting in this way, things are only going to grow worse for TORN moving ahead.

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