Protocol upgrade accidentally freezes ETH on Compound for 7 days

Compound Finance, a borrowing and lending platform, executed a governance proposal updating its Chainlink price feeds that contained a code error. This code error is causing people lending and borrowi...

Compound Finance upgrade bug freezes $830M in crypto

Listen to this article. An upgrade to DeFi lending protocol Compound Finance has introduced a bug, “causing transactions for ETH suppliers and borrowers to revert” and leaving the platform’s ~$830 mil...

Bug Causes Compound Finance to Freeze cETH Market for a Week

Compound Labs announced that it had suspended its Compound Ether (cETH) market after a bug in a recent proposal that caused transactions for ETH suppliers and borrowers to revert. Compound Labs has an...

Compound discovers bug in new update, freezes cETH market

DeFi protocol Compound (COMP) discovered a bug in governance proposal 117 designed to upgrade its price feeds, forcing it to temporarily freeze the Compound ETH (cETH) market. An hour ago, Proposal 11...

Lending Platform Compound (COMP) Launches New ‘Streamlined’ Protocol, “Compound III”

Compound has announced the launch of “Compound III,” a new “streamlined” version of its protocol. Compound (COMP), a decentralized lending protocol, is retreating from a pooled-risk model where users ...

DeFi Lending Platform Compound (COMP) Launches New ‘Streamlined’ Protocol Upgrade

Decentralized lending platform Compound has launched a new “streamlined” version of its protocol called “Compound III.” With the update, Compound (COMP), an algorithmic, autonomous interest rate proto...

DeFi Lending Protocol Compound Launched its Compound III Version

Decentralized Finance (DeFi) lending protocol Compound has announced that it has officially launched its Compound III (V3) on the Ethereum mainnet. Compound III is an EVM-compatible protocol that enab...

Compound [COMP]: Could this upgrade curb persistent stagnancy

Lending protocol, Compound [COMP], seems to be perturbed by the project’s inability to catch up with its peers in the Decentralized Finance (DeFi) space. This distress could have been a factor that le...

Crypto Lending Platform Compound Rolls Out Fresh Upgrade for DeFi Users

Compound, the popular decentralized finance (DeFi) protocol for borrowing and lending crypto, has launched a new “streamlined” version of the protocol called Comet. The launch follows a successful gov...

Compound v3 “Comet” launched with support for single borrowing model

The third iteration of Compound called “Comet” will support single interest-bearing assets as the lending protocol undergoes a major upgrade. With the Compound community voting in support of version 3...

Leading DeFi Protocol Compound Releases New Upgrade

The release is the result of a successful governance proposal. As of right now, customers may only withdraw their collateral. To simplify the process of borrowing and lending cryptocurrency, Compound,...

With Compound III Launch, DeFi Pioneer Emphasizes Security

In Compound III, collateral will remain the property of the supplier Users can borrow USDC using ETH, WBTC, LINK, UNI, and COMP as collateral DeFi developer Compound Labs has officially launched Compo...

Compound Price Analysis: COMP Falters to Gain support from the Buyers as it Struggles below Channel!

Compound price has been trying to find support at the lower end of the rising parallel channel over the daily chart. COMP crypto is trading below 20, 50, 100 and 200-days Daily Moving Average. The pai...

Compound Founder On ‘What May Go Wrong’ With Ethereum Merge For Investors

Robert Leshner, founder of Compound Finance and investor at Robot Ventures, has noted a few things regarding The Merge. The Merge is slated to happen mid-September, and the hype around it is surreal. ...

DeFi protocol Compound says multi-chain Comet upgrade is ready to go

Decentralized finance (DeFi) lending protocol Compound is getting ready to launch its third version called Comet, the project stated on Tuesday. Compound is a DeFi protocol that lets anyone lend or bo...

Compound Labs Deploys Smart Contracts for USDC Market on Ethereum

Compound Labs has announced the first smart contract deployments for Compound III, which will create a USDC market on Ethereum.  The contracts await activation by Compound governance but are now open ...

COMPOUND Price Analysis: The Uncertainty in Market is Bothering Investors

The COMP price trading inside a parallel channel of an uptrend movement over the daily price chart. The crypto asset is moving above the 20 and 50 days moving average. The COMP/BTC pair is at 0.002562...

Compound: No accumulation or movement and for COMP, that means…

Compound has been one of the better-performing assets in the last one and a half months. Alas, despite this rise, it is yet to gain some audience in the DeFi market where it once used to be competitio...

Compound price analysis: Buyers Observe Weak Near the Resistance of Parallel Channel 

The Compound token trades in an upward parallel channel on the daily price scale. The market cap of the COMP token increased by 6% to $461 million in the past 24 hours. The Compound token is in the gr...

Top Ethereum Whales Pile Into Compound (COMP), Synthetix (SNX) and Two More DeFi Altcoins As Markets Jump

The biggest Ethereum (ETH) whales in the world are eyeing up several altcoins within the decentralized finance (DeFi) sector as crypto markets turn green. Data from blockchain tracking service WhaleSt...

Celsius Bankruptcy Could Compound Bitcoin Mining Woes

Celsius Network filing for bankruptcy could spell more troubles for the crypto mining sector, especially if it decides to sell its own mining unit. Celsius’ mining subsidiary also filed for Chapter 11...

Celsius Files for Chapter 11 Bankruptcy Protection, Clears Debt with Compound

Crypto lender Celsius Networks has filed for Chapter 11 bankruptcy protection, MarketWatch reported. The embattled crypto lender has also repaid its remaining debt to the decentralized finance (DeFi) ...

Celsius unlocks another $195 million in collateral after paying off debt to Compound

Cryptocurrency lender Celsius Network, which had to halt withdrawals on June 13 due to liquidity issues, has fully paid off its debt of over $50 million worth of DAI to decentralized finance (DeFi) pr...

Compound (COMP), Kava (KAVA), And RoboApe (RBA) – Three Titans Fight It Out

– Advertisement – Without any doubt, being a member of the cryptocurrency space is both interesting and rewarding. With each new day, the entire space continues to improve. If you’re a lov...

Maker DAO continues to outperform Compound- for following reasons

The DeFi space has some fierce rivals in its different categories ranging from DEXes such as Uniswap and SushiSwap to NFT marketplaces like OpenSea and Magic Eden. In the lending category, AAVE has do...

Celsius Lowers Aave, Compound Debt Amid New Restructuring Plans

Beleaguered crypto lender Celsius continues its strategy to pay off outstanding Aave and Compound loans after it paid off its Maker loan last week. However, the company has now hired Kirkland & El...

COMPOUND Price Analysis: COMP Bulls are Accumulating to Rescue the Token

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Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize

Celsius, the liquidity-strapped crypto lender that this week paid down $223 million of loans on the blockchain protocol Maker to free up $450 million in collateral, now might be trying a similar strat...

With $950 Million in Collateral as the Prize, Celsius Turns to Paying Off Aave, Compound Debt

The cash-strapped cryptocurrency lender Celsius, this week paid off $223 million in loans on the Maker blockchain technology to release $450 million in collateral. In a new development, it may attempt...

COMPOUND Price Analysis: Bearish Dominance Everywhere, COMP Price Slumped 19% in 7 days.

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Compound (COMP) Increased By 84% After June Lows

Be[In]Crypto takes a look at the five cryptocurrencies that increased the most from June 24 to July 1, including Compound (COMP), which is in the process of breaking out from a corrective pattern. The...

Compound (COMP) Bounces After Fall to New All-Time Low

Compound (COMP) has broken out from a short-term descending resistance line. It is now consolidating inside a corrective pattern. COMP has been falling since reaching an all-time high price of $911 in...