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A federal judge in California denied the motion to dismiss the case against Compound Labs and its associated entities, after allegations of violating financial regulations. This means owners of the COMP token can move ahead with their lawsuit. Partner identification The lawsuit claims those who control the decentralized organization known as Compound are
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied ApeCoin (APE) and Compound (COMP) remain bearish as Borroe (ROE) aims to reshape web3 using new use cases and scalability solutions. This article explores why analysts are bullish on Borroe and its potential to possibly transform web3. Borroe attracting
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Compound (COMP), a leading player in the decentralized finance (DeFi) sector, has encountered a significant setback, witnessing a 20% decline in its
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COMP, THE native token of Compound Finance, has seen its market price rise significantly on Wednesday, emerging as the top gainer of the day. According to data from CoinMarketCap, COMP is up by 13.24% in the last 24 hours as the bulls increase their control of the market. Initially, COMP began
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In early June, the crypto market was volatile and fell. However, token prices recovered towards the end of the month, concluding the first half of the year on a positive note. COMP, the governance token of
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"The adviser believes that a blockchain-integrated recordkeeping system may provide operational efficiencies and enhance shareholder experience without negatively impacting the quality of the services provided by the fund's transfer agent," according to the filing. "In the future, the fund's shares may also be available for purchase, sale, or transfer from
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A botched exploit attempt on rival lending protocol Aave brought scrutiny to DeFi protocols’ borrow risks earlier in this month. Original Source
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.After the Mango Markets exploit last week, Compound protocol paused the supply of four tokens as lending collateral to protect it against any price manipulation.Crypto
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Decentralized lending protocol Compound has paused the supply of four tokens as lending collateral on its platform, aiming to protect users against potential attacks involving price manipulation, similar to the recent $117 million exploit of Mango Markets, according to a proposal on Compound’s governance forum that was recently passed.With the
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The move came after a proposal floated by Compound’s governance community was passed this morning with over 99% of all voters in favor, with some 554,000 COMP staked to vote. Crypto data provider Gauntlet was the biggest voter with some 126,000 COMP staked as votes, followed by Compound founder Robert
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