• $162 million up for grabs after bug in DeFi protocol Compound

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    We thought the carnage was over for widespread decentralized finance, or DeFi, staking protocol Compound, however because it seems, thousands and thousands greater than we thought are in danger. About $162 million is up for grabs after an improve gone very flawed, according to Robert Leshner, founding father of Compound Labs.

    The value of Compound’s native token, known as comp, is down about 4.8%.

    At first, the Compound chief tweeted Friday that there was a cap to what number of comp tokens could possibly be unintentionally distributed, noting that “the affect is bounded, at worst,