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Compound Finance Execs Depart Amid Website Hack Woes Beincrypto 12 Jul 2024

Compound Finance Execs Depart Amid Website Hack Woes 💼

Executives Jayson Hobby, Geoffrey Hayes, and Mykel Pereira departed Compound Finance for a new venture called Legend, a blockchain platform aiming to improve user experience. Their departure coincided with a hack on Compound Finance's website, which hosted a phishing site designed to drain user funds. Although the attack did not impact user deposits, caution is advised when interacting with suspicious links.

Source: beincrypto.com ↗