After Mango Market exploit, Compound pauses four tokens to protect against price manipulation
Compound users can no longer use yearn finance (YFI), 0x (ZRX), basic attention token (BAT) or maker (MKR) tokens as collateral for loans.
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Compound users can no longer use yearn finance (YFI), 0x (ZRX), basic attention token (BAT) or maker (MKR) tokens as collateral for loans.
Compound (COMP/USD), an Ethereum-based decentralised lending protocols that's among the top markets in the crypto industry, has adopted a proposal suspending the use of four digital assets as lending collateral. The move follows a governance vote that passed Proposal-131 by 99.
Compound is pausing the use of illiquid assets, in order to protect itself from hackers that may attempt to manipulate lending markets. The post Compound suspends four tokens with low liquidity as lending assets appeared first on The Block.
Users won't be able to temporarily use 0x (ZRX), Basic Attention Token (BAT), Maker (MKR), and Yearn Finance (YFI) on Compound now.
Basic Attention Token (BAT/USD), Bancor (BNT/USD), and 0x (ZRX/USD) are some of the best Ethereum ecosystem tokens you can get before August ends. Basic Attention Token made an announcement that on August 19, 2022, Brave purchased 388,000 BAT, where the company has bought nearly 2.
0x has moved and has experienced a gain of roughly 14% in value today.
Ox (ZRX) Price Prediction – June 16The present situation suggests the ZRX/USD market is beefing up, pushing to the north direction, after dropping to a [...]
For those who believe in the future of digital assets, though, the current market downturn is an opportunity to separate the wheat from the chaff and assess the cryptos to avoid.
Ox (ZRX) Price Prediction – June 1It depicted currently that the ZRX/USD market holds downward, ranging close to the $0.35 support line. As part of [.
The cryptocurrency market is holding tight after a difficult few days. Its total value has risen by 4% in the past 24 hours, from $1.236 [.
Ox is an open-source protocol that promotes the peer-to-peer exchange of Ethereum based assets. It offers secured and audited smart contracts. It comprises freely composable Defi blocks and builds a protocol that needs liquidity and exchange for functions. ZRX price went parabolic over the years and eventually regained the lost position after a pretty long …
CryptoAltum, the low-fee trading platform, has added 3 exciting new cryptocurrencies to its MT5 platform. CryptoAltum, the trading platform built by professionals from the world of Forex, now offers 3 more top cryptocurrencies to its customers.
Bitcoin price climbed above the USD 41,500 level, moved above USD 42,000 but struggled near USD 42,200. It is currently (04:05 UTC) consolidating gains above USD 41,600 and might remain supported near USD 41,200. BTC is up almost 1% in a day and over 1% in a week.