A move to create a new yield-bearing protocol called goldCOMP by a large group of COMP holders, the native token of the Compoud lending protocol, has been called off, and the market is reacting ...

The native token of decentralized finance (DeFi) protocol Compound (COMP) has surged by more than 50% in four days following a spike in volume and outflows on Binance. COMP was trading at $45.98 at ...

Decentralized finance (DeFi) has grown exponentially over the past few years, offering users novel means to lend, borrow, and gain interest on cryptocurrency without needing to use conventional ...

COMP, the native token of the lending protocol Compound, is down over 6% as the Decentralized Autonomous Organization (DAO) that runs the protocol suffers from a possible "governance attack." A ...

The price of COMP, the governance token of the decentralized finance (DeFi) giant Compound, has been surging while the wider crypto market has entered a correction. Despite the ongoing cryptocurrency ...

A hot potato: Proponents of decentralized finance love to tout the cost, speed, privacy, and security benefits compared to the traditional banking system, but it's still in the early days for this new ...

The group in charge of wallets associated with the insolvent crypto exchange FTX's cold storage has transferred tokens to various cryptocurrency exchange addresses. Thursday witnessed more than $19 ...

Compound Finance announced the passing of Proposal 064 on Thursday, titled the "Fix COMP Accrual Bug." The proposal states that this update will attempt to “patch the bug introduced in Proposal 62 and ...

Latham & Watkins partners Susan E. Engel, Benjamin A. Naftalis, Matthew Rawlinson and Douglas K. Yatter have stepped in to represent AH Capital Management d/b/a Andreessen Horowitz, a California-based ...

A new upgrade gone wrong has led to $80 million in losses for the decentralized finance protocol Compound Finance COMP/USD. What Happened: After the deployment of Proposal 62 — originally intended to ...

A crisis that had been called a governance attack on the Compound lending protocol seems to have been averted. Humpy and the Golden Boys have signaled they will accept a counter-proposal to build a ...