Tag Archives: Compound (COMP)

$25 Million Drained From Compound (COMP) Treasury In Latest Governance Exploit Incident

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The Compound Finance (COMP) treasury has been drained of $25 million in a recent governance attack, raising alarms about the state of decentralized governance in the decentralized finance (DeFi) ecosystem. Compound DAO Hijacked According to researcher DeFi Ignas, the attack began with an initial proposal to grant 92,000 COMP tokens, submitted without prior discussion on… Continue reading $25 Million Drained From Compound (COMP) Treasury In Latest Governance Exploit Incident→

Whale Deposits $21 Million In DeFi Tokens To Binance, Was It Justin Sun?

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In the early hours of Monday, a dormant whale moved $21 million worth of 4 DeFi tokens to the crypto exchange Binance. The news received mixed reactions from the community, which worries about an incoming dump amid the recent retrace of the crypto market. Whale Deposits $21 Million In DeFi Tokens To Binance On Monday,… Continue reading Whale Deposits $21 Million In DeFi Tokens To Binance, Was It Justin Sun?→