Onyx Protocol, a fork of Compound Finance, suffered a $3.8 million hack due to a known vulnerability. The incident underscores the need for better security in the crypto industry.
Compound Finance brokers truce with crypto whale Humpy and The Golden Boys after governance dispute over Proposal 289.
Compound Finance cancels a $24 million vote, leading to a 10% surge in COMP token price.
Compound Finance resolves governance conflict by retracting a controversial staking product and proposing a new solution. The initial dispute involved Proposal 289, which allocated $24 million from Compound's treasury to a yield-generating protocol managed by Golden Boys.
Compound Finance withdrew their disputed staking product and plans to introduce a new proposal to protect COMP token holders.
Compound Finance is facing governance controversy following the approval of a passive income vault proposal, with allegations against a whale known as Humpy for potential influence.
Compound Finance’s latest proposal raises concerns about potential governance attack or fair play for passive investors.
Curve Finance founder Michael Egorov defends the CRV governance model amid DeFi security concerns, highlighting its unique security mechanisms within the ve-tokenomics framework.
Curve Finance founder Michael Egorov addresses concerns about governance attacks following the Compound Finance hack, highlighting the robustness of Curve's system.
The contentious proposal 289 has sparked accusations of a Compound Finance governance attack.
Compound Finance faces turmoil as a whale manipulates voting, leading to a 7% drop in COMP price.
Compound Finance passed a controversial proposal allocating $24 million worth of COMP tokens to a new vault, which was narrowly approved despite objections from many community members.
Compound Finance faces controversy due to allegations of a governance attack following a new proposal.
A Compound Finance proposal passed, raising concerns about a potential 'governance attack' despite being legal under DAO rules.
Executives of Compound Finance, including CEO Jayson Hobby, departed for a new venture just before the platform's website was hacked by phishers. The attack did not affect user deposits, but the website was compromised.
A security flaw in Squarespace domains exposed the DeFi sector to phishing attacks. Security researcher ZachXBT warned the community to avoid the Compound Finance website due to a redirection to a phishing site.
Multiple DeFi protocols, including Compound Finance and Celer Network, were targeted in a DNS hijacking attack, risking over 220 front ends.
Squarespace domain loophole exploited in massive DeFi hack. Compound Finance and Celer among victims.
El reciente ataque a SquareSpace ha puesto en riesgo a muchos proyectos cripto, incluidos Compound Finance y Celer Network.
A hack on Squarespace has exposed over 100 crypto projects, including Compound Finance, to potential exploitation.
Hackers targeted the websites of DeFi platforms Celer and Compound Finance, alarming the DeFi community about potential risks to other major platforms.
El sitio web de Compound Finance parece haber sido secuestrado, según el investigador criptográfico ZachXBT.
Compound Finance's website was hijacked, redirecting users to a phishing site. Users are warned to avoid the site temporarily.
ZachXBT has issued a warning about a security breach on the Compound Finance website, redirecting users to a phishing site and putting COMP holders at risk.
Compound Finance's website has been hacked, reports blockchain investigator ZachXBT. The incident was first reported by CoinTelegraph Blog.
Compound Finance's website has been hacked. Security experts warn users to avoid interaction. PeckShieldAlert confirmed the breach.
Compound Finance's website has been hacked, as confirmed by PeckShieldAlert.
DeFi lending protocol Sonne Finance on the Optimism and Base networks was exploited through a Compound Finance fork vulnerability, resulting in a $20 million hack.
Community risk assessors warned against a centralization effort in Compound Finance prior to the proposal's passage.
ZachXBT warns users to avoid Compound Finance's website due to potential hijacking and phishing risk.