Compound Finance – DIGIT INFO

Compound adds Ethena, Mantle tokens to lending platform

DIGIT — Thu, 09 Jan 2025 18:25:49 +0000

Stablecoins and liquid staking tokens are continuing to drive TVL growth across DeFi.

Compound Faces Turmoil Amidst Explosive On-Chain Activity

DIGIT — Tue, 30 Jul 2024 21:10:18 +0000

Compound Finance is experiencing a surge in on-chain and network activity despite being embroiled in controversy. Recent data shows that whale transactions, on-chain volume, and token circulation are at or near year-high levels. The Compound community’s trust in the project has been shaken by several questionably passed initiatives following sparse voting. The situation has sparked widespread discussion, with informative posts like those from @DefiIgnas contributing to the heightened on-chain activity, as reported by Santimentfeed. Following a sparse amount of voting that resulted in several questionably passed initiatives, the Compound community’s trust in the project has been waning. With a

The post Compound Faces Turmoil Amidst Explosive On-Chain Activity appeared first on The Merkle News.

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‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal

DIGIT — Tue, 30 Jul 2024 05:59:23 +0000

A member of the “Golden Boys” voting bloc, Humpy, appears to have accepted a new staking proposal while agreeing to rescind the controversial Proposal 289.

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Compound Finance site potentially breached: ZachXBT

DIGIT — Thu, 11 Jul 2024 07:46:14 +0000

Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked and may be redirecting to a phishing site.

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Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark

DIGIT — Sat, 25 Feb 2023 17:00:28 +0000

The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same […]

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TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021

DIGIT — Sat, 17 Dec 2022 19:00:09 +0000

The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in value during the past 24 hours. Value Locked in Defi […]

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Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed

DIGIT — Mon, 12 Dec 2022 18:30:05 +0000

On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021, to today’s aggregate. Smart Contract Token […]

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Compound Finance to impose lending caps in light of failed Aave exploit

DIGIT — Mon, 28 Nov 2022 21:15:00 +0000

Some illiquid altcoins will have their borrow limit reduced by upwards of 99%.

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Degens borrowing ETH to get fork tokens create headaches for DeFi platforms

DIGIT — Wed, 07 Sep 2022 04:41:01 +0000

Aave has halted ETH lending until the Merge has gone through, while Compound Finance has opted to cap the number of loans and introduce a “jump” interest rate model.

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Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum

DIGIT — Sun, 13 Feb 2022 17:30:27 +0000

The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound Finance in order to acquire […]

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