EUR/USD 1.14798
-0.053%
Gold 4351.57
-0.570%
Oil 92.786
-2.810%
USD/JPY 157.225
0.318%
GBP/USD 1.33831
-0.078%
GBP/JPY 210.423
0.240%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Chicago Fed President Goolsby, a 2027 FOMC voting member, will speak in ten minutes.Kremlin: The election results show that the Russian people are united around Russian President Vladimir Putin.September 21st - According to foreign media reports, another sign of continued tight diesel supply is emerging in the storage market. Data from storage broker Tank Tiger shows that refiners and traders across North America are reducing lease renewals for diesel storage facilities due to very limited available storage capacity. Steven Barsamian, COO of Tank Tiger, stated that available diesel storage capacity for lease in North America and the Caribbean rose to a four-year high of 13 million barrels in October, up from 11 million barrels in June. Meanwhile, data from the U.S. Energy Information Administration shows that as of September 11th, U.S. diesel inventories had fallen to 107.9 million barrels, the lowest level for the same period since records began in 1982. Barsamian commented that the simultaneous decline in inventories and increase in storage capacity supply means that market participants expect diesel supplies to remain tight at least until the first quarter of next year.On September 21st, according to the Financial Times, the European Central Bank (ECB) launched an interbank tokenized payment system on Monday, marking the debut of the digital euro in the wholesale financial market. The ECB-operated platform, called "Pontes," allows banks to use central bank currency to settle transactions recorded on a private, decentralized ledger (similar to a shared online list). Tokenization refers to creating digital versions of assets and currencies, enabling secure online exchange on a blockchain-based system, thus differentiating it from existing forms of online currency. The ECB is attempting to establish central bank currency as an alternative to privately issued stablecoins for settling tokenized transactions. Furthermore, a retail digital euro for transactions between individuals and merchants is also under development. The ECB argues that both retail and wholesale digital euros are crucial for maintaining the freedom and sovereignty of the single currency area. ECB economists warn that if dollar-denominated stablecoins are widely used for digital transaction settlements in Europe, Europe could lose control of its monetary policy.On September 21, it was reported that in August 2026, the average daily turnover of interbank lending was 316.06 billion yuan, a year-on-year decrease of 24.6%; the average daily turnover of interbank bond repurchase was 6.5 trillion yuan, a year-on-year decrease of 14.8%. At the end of August 2026, the outstanding balance of interbank lending was 0.9 trillion yuan, and the outstanding balance of interbank bond repurchase was 9.6 trillion yuan.

DEX dYdX Blocks Tornado Cash Affiliated Accounts Citing US Sanctions

Jimmy Khan

Aug 12, 2022 14:47

微信截图_20220812093612.png


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.

Suggestion