Compound (COMP) är en ERC-20-tillgång som driver gemenskapens styrning av Compound-protokollet. COMP-tokeninnehavare och deras delegater debatterar, föreslår och röstar om ändringar av protokollet. Genom att placera COMP direkt i händerna på användare och applikationer kommer ett allt större ekosystem att kunna uppgradera protokollet och uppmuntras att kollektivt förvalta protokollet in i framtiden med god styrning.

Som ett algoritmiskt ränteprotokoll på Ethereum kan tillgångar levereras och lånas av individer utan mellanhänder. Räntorna är sammansatta på blocknivå på Ethereum och över-säkerhet. Individer kan leverera tillgångar för att tjäna avkastning medan låntagare kan tillhandahålla tillgångar som används som säkerhet för att låna andra tillgångar. Låneräntorna bestäms algoritmiskt av marknadsdynamiken. När tillgångstillgången ökar i samband med insättningar minskar upplånings- / utlåningsräntorna.

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Compound

DeFi powerhouse Compound Finance is rolling out its services on various speedy scaling solutions, tapping Arbitrum in the latest deployment.

Decrypt

Crypto Lender Compound Deploys on Ethereum Layer-2 Arbitrum

Bitcoin (BTC) has recently experienced a brief drop below its crucial support level but has quickly rebounded to the current price of $27,300. This has resulted in the return of Call buyers, who are hoping that the level will hold and push the price upward. This has resulted in a fast-paced market, with Gamma Call buyers focusing on May 18-26th $28,000-$29,000 Calls and $28,000-$30,000 Call spreads, resulting in a net profit of $2,500, according to a recent analysis by Deribit Insight. Related Reading: Analyst: VeChain Enters Buy Zone, Should You Jump In? The Call Of The Hour The recent surge in Call buying, although very near-dated, has resulted in an increase in the 7-14 day Implied Volatility (IV) after a weekend lull and pressure from the previous week. It is important to note that the $27,300 level is pivotal to the market’s performance, according to Deribit Insight. Being tested a couple of times already, a good push-up may compound confidence among investors. Vice versa, if the market fails to hold this level, it may result in a decline in the market’s confidence. According to the analysis firm, Bitcoin’s net positioning still appears bullish, despite some setbacks in the market. Recently, there was news of a ‘fake’ government selling wallet, which temporarily dashed hopes for Bitcoin bulls. However, market participants are still looking for momentum to rebuild, and there are signs that bullish sentiment is still strong. On the other hand, Bitcoin is facing stiff resistance ahead, particularly between the price range of $28,180 and $28,990. According to the crypto analyst Ali, this is a critical area where 1.24 million addresses have bought 973,220 BTC. However, on the flip side, there is also a crucial support level at $26,490. Failing to hold above this level could trigger a steeper correction in Bitcoin’s price, potentially leading to a drop to $24,100 or $23,190, according to the analyst. RSI Signals Strong Support At Key Level For Bitcoin According to the crypto analyst Crypto Con, the weekly Bitcoin Relative Strength Index (RSI) is attempting to make support on a very significant level – the 56 RSI value line. This line has marked local bottoms for every bull cycle, suggesting that it is an important level of support for the cryptocurrency. The more retests at this level, the healthier the price action is, as it indicates that buyers are willing to step in and support the market at this level. This is a positive sign for Bitcoin bulls, as it suggests that the current uptrend may continue for some time. The growing adoption of Bitcoin as a store of value is another factor that may be driving bullish sentiment in the market. Many investors see Bitcoin as a viable alternative to traditional investments, especially in an environment of low-interest rates and high inflation. This sentiment is reflected in the significant milestone achieved, with more than 1 million wallets holding at least 1 BTC, according to Satoshi Club. At the time of writing, the largest cryptocurrency by market cap is trading at $27,400, reflecting a 1.8% gain in the last 24 hours. However, the 50-day Moving Average (MA) currently stands at $27,600, which could act as a crucial resistance level that needs to be overcome if bulls wish to make another attempt at the $30,000 mark. On the other hand, if Bitcoin experiences further price declines, the 200-day MA, indicated by the yellow line on the chart below, could serve as a significant threshold for the cryptocurrency. This key level, located at $24,700, may halt any further price drops and prevent selling pressures from mounting in the near term and delaying Bitcoin’s bull run toward new highs. Related Reading: Zimbabwe Sells Millions of Gold-backed Crypto Tokens, Shrugs off IMF Advice Featured image from iStock, chart from TradingView.com

NewsBTC

Bitcoin Bounce-Back: How Call Buyers Are Fueling The Crypto Recovery

Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail

CoinDesk

Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap

After a challenging year, Aave and Compound experienced a decrease in deposits and users. However, their highly anticipated V3 releases are showing positive signs.

AMB Crypto

Assessing the state of Aave and Compound after a year of ups and downs

During the global economic disruptions caused by the Russia-Ukraine war and the lingering effects of the COVID-19 pandemic, the blockchain distributed ledger market has continued to thrive. By the end of 2022, the market has grown to $14.47 billion, representing a compound annual growth rate of 63.5%. Despite the challenges many industries face, the blockchain … How Fast Is the Blockchain Technology Market Growing in 2023? Read More »

Cryptopolitan

How Fast Is the Blockchain Technology Market Growing in 2023?

Arbitrum’s native lending protocol, Radiant Capital, is analogous to other popular protocols like AAVE and Compound. Unlike more conventional lending

The News Crypto

Binance to List Radiant Capital’s RDNT Token, Price Surges 24%

USDC losing its peg pulled down the markets, but many saw it as an opportunity to pay loans at a discount Debtors saved around $100 million off their loans during the market rout As the crypto-market suffered over the weekend, there was a silver lining for some. When stablecoins lost their dollar peg, a group

Here’s what debtors were up to when USDC fell on the charts

Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar.

CoinTelegraph

Debtors saved over $100M using de-pegged stablecoins to repay loans

In Compound’s (COMP) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and much other information about COMP to

Compound (COMP) Price Prediction 2023 — Will COMP Hit $100 Soon?

Polygon integration may positively impact Compound Finance’s TVL, despite some limitations COMP holders have reduced a significant portion of their asset holdings DeFi lending protocol Compound Finance is in the news after it announced finally deploying its third version to Polygon. Contextually, Compound III is a streamlined version of the main Compound protocol. Here, the

Assessing the far-reaching effects of Compound III’s deployment on Polygon

A crypto whale who masterfully traded Ethereum (ETH) to the tune of $36 million in profit last year is once again in accumulation mode. According to the on-chain analytics firm Looksonchain, the whale appears to be a smart money institution that bought ETH at the bottom and sold it at the top in 2022. This The post Whale Who Netted $36,000,000 By Masterfully Trading Ethereum Is Now Accumulating Three ETH-Based Crypto Assets: Looksonchain appeared first on The Daily Hodl .

The Daily Hodl

Whale Who Netted $36,000,000 By Masterfully Trading Ethereum Is Now Accumulating Three ETH-Based Crypto Assets: Looksonchain

The post Compound Price Prediction 2023, 2024, 2025: Can COMP Price Surge To $100? appeared first on Coinpedia Fintech News Compound is one of the popular cryptocurrency built on the Ethereum blockchain. It is a Decentralized Finance protocol that enables community governance of Compound protocol. Compound (COMP) was the first crypto platform to introduce yield farming. The price of COMP had experienced a dramatic rally in 2021 and had attracted many strong hands back then. …

coinpedia

Compound Price Prediction 2023, 2024, 2025: Can COMP Price Surge To $100?

The Graph Price Prediction 2023-2032 The Graph Price Prediction 2023 – up to $0.23 The Graph Price Prediction 2026 – up to $0.73 The Graph Price Prediction 2029 – up to $2.19 The Graph Price Prediction 2032 – up to $7.03 Have you ever heard of Uniswap, Aave, Compound, Balancer, USDC, Synthetix, Sushiswap, MakerDAO, Yearn, … The Graph Price Prediction 2023-2032: Is GRT a Good Investment? Read More »

The Graph Price Prediction 2023-2032: Is GRT a Good Investment?

One of the largest Ethereum (ETH) whales on earth is snapping up hundreds of millions of dollars worth of the top Dogecoin (DOGE) rival Shiba Inu (SHIB). Blockchain-tracking service Etherscan shows that a large crypto whale loaded up 118,058,494,947 SHIB worth $1.34 million in the past day. After this latest transaction, the deep-pocketed investor now The post Massive Crypto Whale Accumulates 19,801,902,912,350 Shiba Inu (SHIB) and Four Ethereum-Based Altcoins appeared first on The Daily Hodl .

Massive Crypto Whale Accumulates 19,801,902,912,350 Shiba Inu (SHIB) and Four Ethereum-Based Altcoins

Summary Revenue "beat" driven by interest income, which should not get a multiple. Retail transaction volume came in a 9-quarter low. Monthly Transacting Users declined q/q and y/y to 8.3 million. Non-competitive take rate perhaps hurting volume. Company issues no guidance for FY 2023. The Quarter Coinbase ( COIN ) reported a very mixed quarter last night (February 21st). The conference call was similarly mixed. The big positive from the report was Q4 revenue that came in at $629 million versus consensus estimates that Bloomberg pegged at $581 million. That $48 million beat came almost entirely from higher than expected interest income of $182 million. Estimates I saw had largely pegged interest income at around $135 million. This revenue number fed through to a Q4 adjusted EBITDA loss of $124 million versus consensus of -$200 million. Some lower-than expected Tech and Development and G&A costs made up the rest of the EBITDA beat. I have to note that both line items were up versus Q3. That's the major extent of the good news here. Almost every other metric was bad. Retail Transaction Volume (the company's biggest revenue driver) was at a nine quarter low at just $20 billion, down 23% q/q, 89% y/y and below expectations. Total trading volume came in at $145 billion which was below expectations that Bloomberg pegged around $149 billion. MTU's (Monthly Transacting Users) and Assets on Platform also underwhelmed at 8.3 million and $80 billion respectively, down from 8.5 million and $101 billion respectively in the third quarter. Both consumer and institutional Assets on Platform declined from $51 billion to $40 billion. The major good news in my mind is that the retail take rate came in surprisingly high at 1.54%. This rate can be considered a mixed blessing, however. It certainly helps retail revenues, but I can't help but wonder if these high fees are driving away volume. I have believed that this company's take rate is so high that it risks making the platform uncompetitive versus other retail-oriented platforms. Too Much Uncertainty for Guidance There is so much volatility around crypto right now from both markets and political pressures that the company did not offer 2023 guidance beyond expected headcount after Q1, some Q1 ranges on subscription revenue ($300-$325 million) and expenses ($625 - $675 million tech and G&A expenses) and a goal of improving on 2022's $371 million adjusted EBITDA loss. The company also disclosed that January transaction revenue was $120 million, a run rate that is 12% over the fourth quarter. That is not surprising given the rally in crypto year to date, but similarly might imply either lower take rate or volumes or both. Count me unimpressed by this limited guidance, particularly given the valuation, the cash losses, the continued insanely high stock-based comp, and the ongoing uncertainty driven by crypto's volatility and the hostile political environment towards crypto and the moves by the SEC against profitable practices like staking. I just don't see why this company trades at over a $13 billion market cap or why it has rallied this year beyond rekindled enthusiasm for all things crypto and a short squeeze (and I'm not sure which is the chicken or the egg there). Risk The risk with playing this name (or any crypto name) is volatility and potential for short squeezes. As with MicroStrategy ( MSTR ), Marathon Digital ( MARA ) and other low-quality, highly-speculative crypto names, the bond market views this company in a far more harsh and realistic light than the equity market with the bonds in the high 50's to low 60's and sporting low-teen yields. I think this dynamic is due to amateur investors typically shying away from the bond market. It has been my experience that the bond market is usually right, but anything could happen. Conclusion I think this stock should trade materially lower. Frankly, given the bonds are so far below par that you could get equity like returns owning them, I don't see why anyone owns the stock over the bonds here unless they are just treating this stock as a pure trading vehicle or want a more volatile and more leveraged bet on bitcoin/altcoins. For anyone looking to short, the key is limiting your risk with either options or an acceptably sized stock short.

Seeking Alpha

Coinbase: Low Quality Revenue 'Beat' Can't Hide Bad Volumes Or Low Visibility

Reddit co-founder Alexis Ohanian believes that crypto, and Bitcoin in particular, is here to stay despite the recent unfortunate developments in the industry including the collapse of FTX. In an interview with Forbes, Ohanian compared the advent of blockchain to the creation of paper, saying that we would start to see more and more applications for this technology that would "compound in value and utility" over the years. ... Read More: Reddit Founder Alexis Ohanian Says Crypto and Bitcoin is 'Here to Stay' – What Does He Know?

cryptonews

Reddit Founder Alexis Ohanian Says Crypto and Bitcoin is 'Here to Stay' – What Does He Know?

The post Is Fetch.ai (FET) Price Set To Dominate The AI Crypto Market In 2023? appeared first on Coinpedia Fintech News A recent report found that the artificial intelligence (AI) market is estimated to grow at a Compound Annual Growth Rate (CAGR) of about 22.26 percent between 2022 and 2027. Reportedly, the size of the AI market is forecasted to increase by approximately $125.3 billion. Nonetheless, AI’s exponential growth will depend on several factors, including keeping …

Is Fetch.ai (FET) Price Set To Dominate The AI Crypto Market In 2023?

Recent crackdowns by U.S. regulators in the crypto industry are a “planned set of product takedowns,” and risk annihilating the young market, said Compound Labs founder Robert Leshner said.

TheBlock

US regulators may spell Armageddon for crypto, but they’re not wrong: Compound’s Leshner

In this episode, Robert Leshner discusses the multiagency, coordinated regulatory front on certain crypto companies in what Leshner says is a "planned set of product takedowns."

Stablecoins as securities could spell ‘Armageddon’ for crypto, says Robert Leshner

COMP token price may jump to $67 level, analyst says, here's tailwind it needs now

U.Today

Compound (COMP) Breaking Out, Targeting $67, Analyst Says

Blockchain-backed digital messaging applications are forecasted to skyrocket in value in the next few years, with a projected 43.6% compound annual growth rate.

Blockchain IM apps to reach over half-billion dollar valuation by 2030

MakerDAO is set to introduce some changes to its Compound V2 D3M. MKR has seen a decline in buying pressure in the last week. In a new proposal, the Open Market Committee of leading decentralized finance platform (DeFi) MakerDAO has sought community approval to increase the maximum debt ceiling on its Compound DAI Direct Deposit

MakerDAO has a new proposal to increase Compound D3M Debt Ceiling

Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a lot has changed during the last 12 months as lending applications like

Bitcoin.com

Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months

The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the top ten cryptocurrencies, like bitcoin and ethereum, are performing well, a

2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week

A top crypto trader says he thinks three under-the-radar altcoins including decentralized exchange ThorChain (RUNE) are gearing up for strong surges. Starting with decentralized storage network Filecoin (FIL), the crypto analyst believes that there’s no resistance for the altcoin until it hits $5.80. “I think FIL is going to pull the same move COMP did. The post Three Altcoins Are Flying Under the Radar and Primed To Absolutely Rip, Says Popular Trader appeared first on The Daily Hodl .

Three Altcoins Are Flying Under the Radar and Primed To Absolutely Rip, Says Popular Trader

The cryptocurrency market increased by 7.50% in the last 24 hours as it began to ride a wave of economic data, reaching a total capitalization of $974.43 billion. The currency's value has risen by 11% in the last week due to recent improvements in US inflation data and signs of economic growth in Europe, raising hopes that the worst of the world economy's downturns in 2022 may be over. ... Read More: Best Coins to Buy Today 14th January - SOL, MEMAG, COMP, FGHT, ADA, CCHG, COMP, RIA, AVAX

Best Coins to Buy Today 14th January - SOL, MEMAG, COMP, FGHT, ADA, CCHG, COMP, RIA, AVAX

The post Keep Your Crypto Portfolio Balanced With BudBlockz (BLUNT), Dash (DASH), And Compound (COMP) appeared first on Coinpedia Fintech News Digital currencies and assets have become a pretty popular way to make money. They have become a powerful investment vehicle, and many people are now diversifying their crypto portfolios to make substantial returns on investment. At the same time, it is true that people entering the world of crypto trading and investing will always need …

Keep Your Crypto Portfolio Balanced With BudBlockz (BLUNT), Dash (DASH), And Compound (COMP)

Digital asset market having significant and widespread recovery

Altcoins Explode as Bitcoin Hits $21K, Compound (COMP), Helium (HNT) Rally Over 35%

Investment firm paid its Compound loans as COMP tried reversing its bearish momentum The Compound community voted against proposal 142 DeFi lending protocol, Compound Finance [COMP], showed signs of exiting its 0.56% 24-hour decrease after Longling Capital repaid all it borrowed from the Compound pool. In a tweet by Lookonchian, the investment group returned the

Compound gets compensation but all is not fair for COMP — Here’s how

According to Grand View Research, the global decentralised finance (DeFi) industry was worth $11.78 billion in 2021 and is predicted to grow at a compound annual growth rate (CAGR) of 42.5% between 2022 and 2030. The adoption of DeFi is the driving force behind the industry’s growth. As DeFi integrates with more and more services, The post Top DeFi Tokens To Buy In January 2023 appeared first on CoinGape .

CoinGape

Top DeFi Tokens To Buy In January 2023

The global crypto market is expected to compound at an annual growth rate of 12.2% from 2022 to 2030 and may reach $11.71 billion by 2030. Here are a few startups that have high potential and may perform well in 2023 1. Evertas Founded: 2018Stage: Series A Total Raised: $22.6MHQ: Chicago, Illinois (USA) Evertas is a The post Top 5 Crypto Startups That May Roar In 2023; Here’s The List appeared first on CoinGape .

Top 5 Crypto Startups That May Roar In 2023; Here’s The List

A few disgruntled investors of the popular Web3 lending service, Compound Finance, have filed a lawsuit asking the business to halt sales of its native COMP coin. The plaintiff, among other things, is unhappy about the price performance of COMP since its launch. The case noted, Retail COMP purchasers generally have not fared well. The The post Furious COMP Finance Investors Files Lawsuit Against the Protocol appeared first on Coin Edition .

Coin Edition

Furious COMP Finance Investors Files Lawsuit Against the Protocol

Compound price analysis indicates that the price of COMP/USD has been declining and that there has been a minor downward trend for the cryptocurrency. Over the previous week, COMP/USD dropped from a high of $33.61 to a low of $31.82. However, after a few days, the bulls started to signal, and the price rose to The post Bears and Bulls Struggle for Control of Compound’s Price Trend appeared first on Coin Edition .

Bears and Bulls Struggle for Control of Compound’s Price Trend

Italy, a country rich in history, art, and culture, is regarded as one of Europe’s cultural centers. According to a recent analysis, the nonfungible token (NFT) marketplace in Italy is now positioned to usher in a crypto art renaissance. Introduction of Crypto Art Renaissance According to information from Research and Market’s Italy NFT Market Intelligence and Future Growth Dynamics Databook, the country’s NFT marketplace is anticipated to increase by 47.6% by the end of 2022. As a result, the worth of the Italian NFT market would be roughly $671 million. Additionally, a consistent upward compound annual rate of 34.6% is The post Italy to Establish Crypto Art Renaissance: NFT Market Report appeared first on Cryptoknowmics-Crypto News and Media Platform .

Cryptoknowmics

Italy to Establish Crypto Art Renaissance: NFT Market Report

Compound Price Prediction 2023-2031 Compound Price Prediction 2023 – up to $59.88 Compound Price Prediction 2025 – up to $123.52 Compound Price Prediction 2028 – up to $401.12 Compound Price Prediction 2031 – up to $1,193.47 Compound Price Prediction 2023-up to $59.88 Compound Price Prediction 2025-up to $123.52 Compound Price Prediction 2028-up to $401.12 Compound … Compound Price Prediction 2023-2031: Is COMP a Buy? Read More »

Compound Price Prediction 2023-2031: Is COMP a Buy?

The Compound was founded by economists Robert Leshner and Geoffrey Hayes and is a decentralized protocol. It is developed on a system of accessible smart contracts on the Ethereum blockchain that allows a system of borrowers and lenders. It acts as a middleman with modern technology at its disposal, that being the smart contract. It …

CryptoNewsZ

Compound heads towards its support of $27: Will COMP revive?

The count of COMP whales has grown significantly in the last three months. Price, however, continues to fall. Ranked as the 9th DeFi protocol with the largest total value locked (TVL), Compound Finance’s native token COMP has seen increased whale accumulation in the last three months, new data from Santiment revealed. Read Compound’s [COMP] Price Prediction 2022-2023

Compound [COMP] whales intensify accumulation, even as price fails to grow

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Tether to Reduce Secured Loans in Reserves to Zero, Compound DAO Sued, Australia Modernizing Its Financial System

Today in Crypto: Tether to Reduce Secured Loans in Reserves to Zero, Compound DAO Sued, Australia Modernizing Its Financial System

Compound DAO, one of the most popular lending and borrowing solutions in the DeFi ecosystem has been sued for selling unregistered securities The post Compound DAO Sued for Damages after Buying COMP Tokens appeared first on Blockchain, Crypto and Stock News .

The Coin Rise

Compound DAO Sued for Damages after Buying COMP Tokens

The plaintiffs accused Compound DAO and the other defendants of violating U.S. securities regulations by selling COMP tokens to investors.

Compound DAO sued by plaintiffs who held only $100 in COMP tokens

Jefferies analyst Roger Song maintained a Buy rating on Kura Oncology (KURA – Research Report) yesterday and set a price target of $35.00. The comp...

TipRanks

Jefferies Remains a Buy on Kura Oncology (KURA)

Amid the ongoing crypto winter, digital asset management giant Grayscale’s decentralized finance (DeFi) investment product has started trading on the financial market OTC Markets. The Grayscale DeFi Fund currently gives customers exposure to the decentralized exchanges Uniswap (UNI) and Curve (CRV), the decentralized lending platforms Aave (AAVE) and Compound (COMP), and Maker (MKR), a governance The post Digital Asset Giant Grayscale’s DeFi Investment Product Starts Trading on OTC Markets Amid Crypto Bear Market appeared first on The Daily Hodl .

Digital Asset Giant Grayscale’s DeFi Investment Product Starts Trading on OTC Markets Amid Crypto Bear Market

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Goldman Sachs Reportedly to Spend Millions on Crypto Companies, US FTC Investigating Crypto Firms, ConsenSys Releases Data Collection Update

Today in Crypto: Goldman Sachs Reportedly to Spend Millions on Crypto Companies, US FTC Investigating Crypto Firms, ConsenSys Releases Data Collection Update

Compound Finance published a proposal seeking community votes on whether to increase the wETH supply in its Comet market COMP’s price declined severely in the last month DeFi lending platform Compound Finance [COMP] has sought votes from its community members on a proposal to increase the supply cap for wrapped Ether (wETH) in its Comet

Compound Finance and a tale of wETH supply cap increment

The Compound community is set to vote to increase the supply cap for wrapped ether (WETH) in the Comet market as the current limit has been attained.

Compound mulls upping WETH supply to $194 million in ether on v3 protocol

Compound DAO had voted unanimously to implement changes in the rules of the protocol This move was motivated by the need to keep the protocol safe after the Aave exploit Recently, COMP holders at Compound Finance, a major player in the cryptocurrency loan industry, approved a proposition put out by the company. The current proposal

Compound tightens its rules to prevent Aave-like exploit, details inside

The new DeFi data product will track five distinctive transactions in the Aave, Compound, and MakerDAO protocols. Continue reading Kaiko Releases New Data Tool for Tracking Ethereum DeFi Protocols at DailyCoin.com.

Daily Coin

Kaiko Releases New Data Tool for Tracking Ethereum DeFi Protocols

Compound Finance, the Ethereum [ETH]-based decentralized lending protocol, took a significant step that will reduce its vulnerability to DeFi exploits. DeFi exploits have singlehandedly managed to wreck havoc in the cryptocurrency market. Furthermore, several DeFi platforms have fallen victim to these attacks over the past few weeks. Compound Finance set to impose borrowing cap Users

All there is to know about Compound Finance’s latest proposal

The lending protocols have implemented new security measures to block attacks after an attempted short squeeze last week.

Compound (COMP)

Om Compound (COMP)