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The Treasury named several mitigating factors, but still imposed a hefty fine. Key Takeaways Bittrex has settled with the U.S. Treasury over allegations that it violated OFAC sanctions. The Treasury alleges Bittrex carried out the supposed violations between 2014 and 2017. While the Treasury fine is substantial, a number of mitigating factors were considered. Bittrex…

Another DeFi project has been exploited through a smart contract vulnerability. Key Takeaways TempleDAO and STAX Finance became the targets of a $2.3 million exploit that took place on October 11. The attacker carried out the exploit by forging a smart contract to call a function and withdraw funds. Though certain staking contracts were exploited,…

Read More: The Future of Web3 Will Be Multichain and Chainless at the Same Time…