Yearn.Finance loses $11 million to a hack

An exploit in Yearn.Finance's yDAI vault resulted in an $11 million loss to the platform, though "only" $2.8 million of this went to the hacker.

Tether pays $18.5 million in penalties; NY Attorney General alleges they don't have the cash reserves they claim

The stablecoin Tether swears up and down that it's fully backed by actual currency, but the New York Attorney General doesn't agree. Tether paid $18.5 million in penalties, was banned from trading in New York, and agreed to submit transparency reports for two years in exchange for ending the long-running legal dispute.

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