Compound Finance has launched a $1 million bug bounty program with Immunefi to enhance platform security. The post Compound Finance Launches $1M Bug Bounty to Strengthen DeFi Security appeared first on Cryptonews.

Compound Finance detailed that the program will offer rewards that measure up to the level of risk identified.

Compound Finance has launched a $1 million bug bounty program on Immunefi to strengthen its protocol's security.

Cryptocurrency prices were upbeat on Thursday morning as Bitcoin surged above $100,000 for the first time ever. Analysts expect that most coins will continue rising in the next few weeks as the Santa Claus Rally takes shape. This report looks at top coins like Compound (COMP), Status (SNT), and iDEGEN.

Here's what you need to know about Compound's COMP after 50% rally.

Microsoft CEO Satya Nadella asked for a reduction in the cash incentive portion of his pay after a security incident that prompted criticism from the U.S. government.

There are few things as stressful — and consequential to your future earnings — as of a new job. We're routinely told that hiring managers expect you to negotiate when they make an offer, yet of workers don't initiate it at all.

Fenbushi Capital, a blockchain-centric venture capital (VC), appears to be cashing out after moving four tokens, including Aave (AAVE) and Compound (COMP), to Binance. The VC is moving these tokens to the exchange, possibly to sell and lock in their profits or cut losses when market participants expect prices to tick higher.

Fenbushi Capital took losses on some of its holdings, divesting former DeFi stars like COMP, AAVE and UNI. Fenbushi also sold its EIGEN allocation.

The decentralized finance (DeFi) space continues to capture the attention of crypto investors, and Compound is currently one of its standout performers. Over the past week, Compound's native token, COMP, experienced an impressive 17.5% price surge, reaching $49.19 at press time.

A crypto whale with a $26.47 million position in Wrapped Bitcoin (WBTC) is cutting it close after barely escaping liquidation last Friday.

As 2024, the year marked by exciting movements in the cryptocurrency sector, slowly moves towards its final quarter, crypto traders and investors are increasingly looking at its potential assets that could deliver a relatively substantial profit.

Story Highlights The live price of the COMP crypto is . Compound price could reach a maximum of $100 by 2024. This altcoin could surpass $400 mark with a high of $412.66 by 2030. With the bullish 2024 turning gaining momentum, the buyers are preparing for the positive events ahead.

Humpy, a known whale that has caused governance pressure for Balancer and SushiSwap, managed to turn Compound into a yield-bearing staking asset after a controversial voting proposal.

Compound Protocol is considering a major shift in its revenue distribution following a recent governance fiasco.

With the market liquidations on the rise, Compound enters the list of top-performing altcoins with two bullish daily candles. As the bull run in the COMP price gains momentum, the daily chart reveals a breakout run impending to explode.

Compound Finance's governance attack gets unexpected happy ending.

Compound Finance has brokered a truce with the pseudonymous crypto whale Humpy and his group, The Golden Boys, following a heated governance dispute over Proposal 289.

TL;DR Proposal Cancellation: Compound Finance defused a contentious “governance attack” by reaching a settlement with crypto whale Humpy and his Golden Boys group. Yield-Bearing Staking Program: Instead of goldCOMP, a new staking product will distribute 30% of existing and new market reserves annually to staked COMP holders.

A controversial proposal to allocate $24 million of Compound Finance's treasury has sparked allegations of a governance attack by a small group of token holders, raising concerns over the protocol's decision-making integrity.

Mog Coin (MOG), Compound (COMP), and Blackjack ($JACK) have all made headlines with their respective advancements, price movements, and unique characteristics. As these cryptocurrencies continue to shape the market, investors are closely watching their trajectories to gauge future potential and opportunities. This article delves into the latest updates on these three intriguing assets.

The settlement and new staking plan could enhance Compound's governance security and tokenomics, potentially attracting long-term investors. The post Compound settles ‘governance attack' as COMP surges 7% with new staking plan appeared first on Crypto Briefing.

A new staking product will be offered instead of what Humpy and the 'Golden Boys' initially proposed.

Compound price jumped by 6.4% despite a $25 million attack on its DAO governance. The dysfunctional Compound DAO was riddled with inactive members, which led to a sinister whale proposing and passing a $499,000 COMP grant for his team, the Golden Boys.

The Compound Finance (COMP) treasury has been drained of $25 million in a recent governance attack, raising alarms about the state of decentralized governance in the decentralized finance (DeFi) ecosystem. Compound DAO Hijacked According to researcher DeFi Ignas, the attack began with an initial proposal to grant 92,000 COMP tokens, submitted without prior discussion on the Compound DAO forum.

TL;DR Golden Boys and Governance Controversy: Compound Finance, a decentralized lending and borrowing protocol, is embroiled in a governance scandal. The “Golden Boys” group is at the center of the controversy, with allegations of a governance attack.

Compound (COMP) price slipped about 6%, trading as low as $47.27 on Monday. The decline came as the community reacted to the latest news about the governance of the decentralized autonomous organization (DAO) behind the lending protocol.

A whale holding COMP tokens is helping push through a governance proposal that would allocate $24 million in COMP to a yield-bearing protocol called goldCOMP.

This announcement marks a pivotal development for New York residents. They have often faced strict regulations and limited access to various cryptocurrencies.

Robinhood has expanded its cryptocurrency offerings to New York residents, now including popular tokens like Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP), enhancing trading options on its platform. Robinhood Expands Crypto Offerings, Including SHIB and AVAX, Boosting Access for New York Traders Robinhoods listing binge continues, with the latest cryptocurrencies on the site expanding to additional locations, including dog-themed Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP), as per Coingape.

Robinhood has added support for three new tokens for traders in New York. An update the stocks and crypto trading app shared on Wednesday listed Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP) as the three new tokens its users in New York can now trade.

Beginning today, New Yorkers can trade SHIB, COMP and AVAX on the Robinhood app.

Robinhood's listing spree is still ongoing and the latest cryptocurrencies to gain further expansion to new regions on the platform including dog-themed Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP). Robinhood Hosts SHIB, AVAX and COMP in New York This listing is good news for residents of New York as they can now buy, sell,

Polychain Capital, a heavyweight in the venture capital sphere, transferred a staggering 229,468 Compound (COMP) to Coinbase Prime. This transfer amounts to roughly $20.75 million.

Binance is set to remove a select number of trading pairs from its platform on March 15, 2024, citing low liquidity and volume as the primary reasons.

Compound Finance (COMP), a top-tier decentralized financial (DeFi) lending platform that enables users to earn interest on their respective crypto assets, has grown to a heavyweight web3 platform over the past few years. Over the past four weeks, Compound's native token COMP gained more than 63 percent to trade around $88.

With the bullish start of 2024 turning lukewarm in just three weeks down the year, the buyers are preparing for the positive events ahead. The halving event, along with the potential rate cuts and improvement in the global markets, might drive the crypto market and the COMP price higher.

Despite the recent volatility spikes in the overall market, Compound price action shows a triangle pattern formation in the daily chart. The symmetrical pattern reflects a lack of volatility and compression in the COMP price trend.

In a recent security breach, the X account linked to the decentralized finance (DeFi) protocol Compound Finance, previously known as Twitter, fell victim to a significant hack. Both Scam Sniffer and Officer's Notes, X accounts specializing in security matters, reported that the compromised account was actively promoting a deceptive phishing site.

DeFi projects are investments investors should have on their radars. Here are three of the best to consider.

The cryptocurrency market is again heating up, led by Bitcoin (BTC), after the flagship digital asset reclaimed the $35,000 mark. As the short-term gains progress, there remains widespread uncertainty regarding the sustainability of the rally, with some market participants anticipating a continuation while others foresee a correction.

The group in charge of wallets associated with the insolvent crypto exchange FTX's cold storage has transferred tokens to various cryptocurrency exchange addresses. Thursday witnessed more than $19 million worth of SOL, COMP, and ETH tokens from its cold storage to different crypto exchange addresses, blockchain data indicated as reported by CoinDesk.

Amid escalating concerns over the U.S. government shutdown, the cryptocurrency market unexpectedly rallied during the final week of September. The surge was not uniform across the market; as some of the cryptocurrencies exhibited particularly strong bullish momentum.

This week has witnessed an astounding rally in the COMP price, defying the prevailing bear market sentiment.

The Compound (COMP) cryptocurrency has made headlines recently with a remarkable surge in its price. In the past 24 hours alone, COMP has experienced a staggering 17% increase, making it the top-performing altcoin among the top 100 cryptocurrencies by market size. Over the past week, the token has gained over 24% in value.

COMP's breakout past $44.44 was accompanied by a huge spike in the Open Interest. It surged from $25.5 million to $46 million.

Compound (COMP) is beaming a beacon of light among altcoins with impressive growth outlooks today. The decentralized token is trading at a price of $44.51, up by 9.02% at the time of writing, according to data gleaned from CoinMarketCap.