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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.

DeFi lending platform Compound Finance hijacked again

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.