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On January 24th, according to foreign media reports, U.S. Treasury Secretary Bessant, in an interview with conservative podcast host Posobetz, stated, "Alberta is a natural partner of the United States. They have excellent resources, and Albertans are very independent. There are rumors that they might hold a referendum on whether to remain in Canada." Bessant also stated that the Canadian federal government is limiting Albertas development potential, citing Ottawas opposition to building an oil pipeline from Alberta to the Pacific coast of British Columbia, hindering the export of local energy resources. Bessant further pointed out that in the current context, Alberta is a "natural partner" of the United States, possessing abundant resources and a highly independent social atmosphere.Market news: Syrian authorities and the Syrian Democratic Forces have reached an agreement to extend the ceasefire in the Hasakah region for up to another month.January 24th - According to the Yunnan Branch of the Peoples Bank of China, Yunnan Provinces total cross-border RMB receipts and payments reached 100.179 billion yuan in 2025, a year-on-year increase of 13%. Regional cooperation has become an important driving force for the cross-border use of RMB. In 2025, the scale of cross-border RMB receipts and payments between Yunnan Province and countries participating in the Belt and Road Initiative accounted for 80% of the provinces total, with settlements with Myanmar, Laos, and Thailand increasing by 8%, 14%, and 42%, respectively.Market news: Negotiation teams in Abu Dhabi are studying and discussing several documents concerning peace in Ukraine.January 24th - According to the website of the Organization Department of the Jiangsu Provincial Committee of the CPC, the Fifth Session of the 17th Nanjing Municipal Peoples Congress elected Li Zhongjun as Mayor of Nanjing on January 24, 2026.

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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