Compounding problems: $65m more COMP at risk as devs wait for time-locked bug fix
Major DeFi money market Compound’s woes are worsening, with nearly $150 million worth of COMP now at risk due to a buggy upgrade to the protocol that went live last week. On Sept. 30, Cointelegraph reported that a bug had resulted in between $70 million and $85 million worth of COMP tokens being mistakenly offered […]
Crypto Twitter decodes why Zuck really named his goats 'Max' and 'Bitcoin'
Mark Zuckerberg, the Co-founder of Facebook has riled excitement across the crypto community after taking to social media to announce two of his pet goats have been named “Bitcoin” and “Max.” Zuckerberg announced the curious names for his pet goats in a May 11 Facebook post stating: “My Goats: Max and Bitcoin.” Crypto-Twitter has been […]
Fei Protocol struggles with a bug as holders are mostly unable to sell the token
Wednesday’s crypto market correction put a heavy burden on the FEI project, the latest attempt at creating an algorithmic stablecoin that would remain stable in the face of market turbulence. Due to the particular mechanics of the protocol, the FEI token became impossible to sell as its main liquidity pool quotes a negative price for […]
Compound Finance founder says that CeFi will embrace DeFi
Compound Finance founder, Robert Leshner, says that CeFi will inevitably embrace DeFi and there are signs it is already occurring. Speaking at the REDeFiNE TOMORROW — Global DeFi and Blockchain Virtual Summit in Bangkok, Thailand today, Leshner aired his views on CeFi/DeFi integration, the issues with Ethereum, and the advantages of decentralized governance. Host Mukaya […]