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Compounding problems: $65m more COMP at risk as devs wait for time-locked bug fix
Compounding problems: $65m more COMP at risk as devs wait for time-locked bug fix
While Compoundâs developers submitted a fix for the protocolâs bug on Sept. 30, the update wonât take effect until a seven-day time-lock on code updates has passed.
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Crypto Twitter decodes why Zuck really named his goats 'Max' and 'Bitcoin'
Crypto Twitter decodes why Zuck really named his goats âMaxâ and âBitcoinâ
Mark Zuckerberg sent Bitcoin hodlers into a frenzy after naming his new pet goats âBitcoinâ and âMax.â
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A vulnerability patch left the protocol with only partial functionality, but the price is still holding.
Compoundâs Approach to DeFi Governance Starts With Giving Away COMP Tokens
Compoundâs Approach to DeFi Governance Starts With Giving Away COMPÂ Tokens
Users of the Compound lending platform will begin earning COMP tokens in mid-June, pending the public review of the decentralized finance (DeFi) firmâs distribution plan.Â
COMP, the governance tokenfor the Ethereum-based lending dapp, was first announced in February. According to a draft blog post shared in advance with CoinDesk, roughly 42% of the total supply of COMP tokens will move into aâŚ
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Compound, an open finance solution provider, has launched a new project that aims to decentralize the governance process for its non-custodial lending protocol
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Looming Interest Rate Hike by US Fed Reserve Bad for Crypto
Looming Interest Rate Hike by US Fed Reserve Bad for Crypto
Robert Leshner, founder of Compound, stated that the looming interest rate hike by the Federal Reserve could hit the already bearish crypto market hard.
At the moment, the odds of a possible hike in interest rates in the next Fed meeting on 8th November are over 90%.
According to Leshner, cryptocurrencies have been operating in a low interest market and the move by Feds to increase the rate isâŚ
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