Compound Founder Accused of COMP Sale: Token Skyrockets 85%
COMP token experienced a sharp price spike after its Upbit listing, but allegations of founder Robert Leshner selling a large batch of tokens have overshadowed the rally.
COMP token experienced a sharp price spike after its Upbit listing, but allegations of founder Robert Leshner selling a large batch of tokens have overshadowed the rally.
Compound (COMP) token soared more than 10% in the past 24 hours while Ali Martinez predicted a massive surge in short term.
Prominent analyst in the crypto space Ali Martinez highlighted that Compound (COMP) is trading in a parallel channel and could soon dip to $69.
Michael Lewellen, security adviser at the Compound Finance DAO, stated that the Compound Finance URL has been compromised and “is currently hosting a phishing site.
While Solana (SOL) and Compound (COMP) have their ups and downs, VC Spectra strives for success.
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The team behind the DeFi lending protocol Compound, Compound Labs, has rolled out a code for a multi-chain lending protocol dubbed Compound III.
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Uniswap Labs Ventures will help crypto startups in Web 3.0, build and scale across strategy, engineering, partnerships, products, and design.
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As AscendEX lost nearly $78 million, it promises 100% compensation to all the affected users. It also promises of working with blockchain security firms and law enforcement agencies for the same.
Compound becomes latest DeFi platform to make a disbursement mistake and has asked recipients to refund the $90 million worth of COMP tokens.
DeFi will likely continue to amass more users at the current pace of innovation as systems become scalable and interoperable. This raises the probability of crypto users opting for alternative DeFi environments despite Ethereum’s current market dominance.
Blocknative’s success can be measured through its 1500% growth in Annual Recurring Revenue and its expanding list of clients.