Compound Foundation accused of ‘misappropriating’ DAO funds
The Compound Foundation has been accused of misusing funds to boost its voting power on two key proposals.
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The Compound Foundation has been accused of misusing funds to boost its voting power on two key proposals.
Read more (3 min) →The Compound incident is the latest in a string of website hijackings that have also affected Maple Finance, OpenEden and Curvance.
The renewal of Gauntlet’s $2.3M contract with crypto lending platform Compound Finance has been met with fierce pushback.
DeFi platform Compound is facing calls to onboard additional risk managers in response to a governance proposal by current manager Gauntlet.
The technique, known as a 'front-end' attack is a relatively common vector for crypto hackers and has impacted multiple projects in the past.
An upgrade has introduced a bug to Compound Finance, leaving the platform’s ~$830 million cETH market unusable.