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DeFi Lender Compound Tightens Borrowing Limits After Aave Exploit Attempt

A passed proposal introduces borrowing caps for five cryptocurrencies and sets stricter loan limits for another five.

Updated Nov 29, 2022, 8:42 p.m. Published Nov 29, 2022, 4:08 p.m.
Compound Finance will enforce new limits for borrowing to lower risk on the platform. (Unsplash)
Compound Finance will enforce new limits for borrowing to lower risk on the platform. (Unsplash)