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