Compound Prepares For A Major Rally To $80, Here Is Why
The price of COMP remains above the daily 50 EMA as it approaches $80. Price remains bullish, holding above key support areas COMP
Read More
Compound
DeFi Lender Compound Takes Bite of Institutional Crypto Loans Pie
The longstanding crypto loans protocol is adding a borrowing service for institutions that will accept their troves of cryptos such as bitcoin and ether as collateral against stablecoin loans. The institutions will pay interest on their loans, generating yield for the DeFi users whose stablecoins Compound lent out. Original Source
Read More
Market for Compound Ether Token ‘Frozen’ After Code Bug Kills Price Feed
Decentralized finance (DeFi) lending protocol Compound (COMP) has suffered a critical failure, effectively halting the trade of Compound Ether (cETH), after a bug was discovered in the code that causes transactions for suppliers and borrowers of ether to revert. Source
Read More
Compound cETH market bricked by update — 7-day wait on vote to fix it
Decentralized lending platform Compound has been plagued by a code bug in a recent governance proposal to update its price feeds. The code error has “temporarily frozen” the Compound ETH (cETH) market, causing cETH transactions to revert, but Compound Labs stated that despite the front end not working, “funds are not
Read More
Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound
The troubled crypto lender Celsius has closed its last remaining loan from a DeFi protocol after previously paying off loans on Aave and Maker loan. Source
Read More
Celsius Reclaims $172M Collateral From Aave, Compound
The liquidity-strapped crypto lender's loan from the DeFi protocols reduced to $140 million from $235 million since last Friday. Source
Read More
Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize
The troubled crypto lender Celsius paid down a $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. A day earlier, Celsius used a debt-paydown to reclaim collateral on the Maker protocol. Source
Read More
Siam Commercial Bank Is Chasing DeFi Yield Through Compound
“Not only are we an investor and a builder, we also wanted to adopt these types of disruptive technology to use, especially to use inside a bank,” said Panich in an interview. “We think Compound has created a regulated instrument that’s very easy to understand: U.S. dollar in, U.S. dollar
Read More
What is Compound fork Hundred Finance and can it regain momentum?
On March 15, the lending protocol Hundred Finance was hacked on the Gnosis chain, losing 2,363 ETH. Immediately, Hundred Finance paused all markets on the chain.Prior to the hack, Hundred Finance was a relatively small DeFi protocol on Gnosis, with highest $313M TVL. As a fork of Compound, its features
Read More
Tron’s Justin Sun Accused of ‘Governance Attack’ on DeFi Lender Compound
There are dozens of decentralized stablecoins now on the market, which is largely dominated by centralized alternatives like Tether and USDC. Additionally, generating interest and usage is an uphill battle if lending protocols, and other DeFi platforms don’t accept deposits. Original Source
Read More