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Compound
Money Market Platform Burrow Raises $5M to Launch on NEAR
Burrow is a non-custodial liquidity pool platform similar to Aave and Compound.
Tron’s Justin Sun Accused of ‘Governance Attack’ on DeFi Lender Compound
Crypto think tank GFX Labs says a prominent whale may be attempting to swing a vote in his favor.
Grayscale Adds Flexa’s AMP to DeFi Fund, Removes BNT, UMA in Quarterly Rebalancing
The world’s largest digital asset manager announced the updated weightings on Monday, following reconstitution of the CoinDesk DeFi Index (DFX).
Most Influential 2021: Robert Leshner
The Compound founder expects the bridge between DeFi and traditional finance to narrow next year.
E-CNY Chat Wallet to Launch, Korean Illegal Crypto Transactions Surge
China giants team up to offer e-CNY wallet in a chat application. Korea sees a surge in the amount of virtual assets used in illegal foreign transactions. DeFi protocol Compound’s technical woes continue. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
$22M Drained From Compound Contract That Was Hit for $80M Last Week
About $66 million – and counting – was recently added to the still vulnerable contract, thus making more funds available for exploit.
Compound Founder Says $80M Bug Presents ‘Moral Dilemma’ for DeFi Users
While Robert Leshner seemed to briefly threaten users with the IRS, the reality is that he – and the rest of the Compound Labs community – are now relying on the goodwill of users.
Compound Founder Begs Users to Return $90M Funds Mistakenly Given Away
DeFi staking protocol Compound erroneously paid out approximately $90 million in liquidity mining rewards following an update to one of its smart contracts. The founder is now pleading to users to return the tokens and issuing a few potential threats.
DeFi Money Market Compound Overpays Millions in COMP Rewards, Founder Says $80M at Risk in Possible Exploit
In a possible exploit on Wednesday night, decentralized money market Compound has been erroneously paying out millions of dollars in COMP tokens intended as liquidity mining rewards following an update to one of its smart contracts. In one transaction, $27 million was claimed.