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The COMP governance token is seeing massive gains (increasing more than 270% day over day, according to CryptoX’s First Mover team), as well as potential listings on Coinbase Pro and CoinFlip, a crypto ATM network. This wild, retail-driven speculation is also driving value into Compound’s smart contract. With $395 million locked up, Compound is gunning for
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Once the lead proponent and builder of the Factom Protocol, Factom Inc. has been in financial difficulties for some time. The Austin, Texas-based company has declared voluntary bankruptcy, saying it is currently not in a position to pay as much as $7.5 million in debts. “It is desirable and in
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After failing to source additional funding, blockchain company Factom has begun the process of being liquidated. In an April 2 notice to investors, Factom’s largest investor FastForward announced the “dissolution event”: "The Company has been notified by the directors of Factom that in a board meeting on 31 March 2020 they
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