Compound's foundation announcement triggered price volatility, with COMP experiencing a 102% intraday rally before falling due to investor skepticism and long-term holder selling.
South Korean crypto exchange Upbit has made a striking announcement, catapulting the Compound (COMP) token's price by an impressive 70% in a single day. In a recent development, the exchange revealed the addition of Compound to the Upbit KRW market.
COMP token experienced a sharp price spike after its Upbit listing, but allegations of founder Robert Leshner selling a large batch of tokens have overshadowed the rally.
The Compound (COMP) price has jumped to an intraday high of $66.28 following the announcement of its listing on Upbit, the largest exchange in South Korea. Upbit announced it is adding Compound (COMP) trading pairs—COMP/KRW, COMP/BTC, and COMP/USDT—to its spot market, sparking a near-100% surge in the COMP price before a slight correction.
COMP sets the stage for further price declines.
The recent buying pressure could drive Compound prices higher.
Compound (COMP) token soared more than 10% in the past 24 hours while Ali Martinez predicted a massive surge in short term.
Prominent analyst in the crypto space Ali Martinez highlighted that Compound (COMP) is trading in a parallel channel and could soon dip to $69.
Compound Finance has launched a $1 million bug bounty program with Immunefi to enhance platform security. The post Compound Finance Launches $1M Bug Bounty to Strengthen DeFi Security appeared first on Cryptonews.
Compound Finance detailed that the program will offer rewards that measure up to the level of risk identified.
Compound Finance has launched a $1 million bug bounty program on Immunefi to strengthen its protocol's security.
Since the range breakout on the 22nd of November, Compound crypto is up 77%.
Cryptocurrency prices were upbeat on Thursday morning as Bitcoin surged above $100,000 for the first time ever. Analysts expect that most coins will continue rising in the next few weeks as the Santa Claus Rally takes shape. This report looks at top coins like Compound (COMP), Status (SNT), and iDEGEN.
Here's what you need to know about Compound's COMP after 50% rally.
Microsoft CEO Satya Nadella asked for a reduction in the cash incentive portion of his pay after a security incident that prompted criticism from the U.S. government.
There are few things as stressful — and consequential to your future earnings — as of a new job. We're routinely told that hiring managers expect you to negotiate when they make an offer, yet of workers don't initiate it at all.
Fenbushi Capital, a blockchain-centric venture capital (VC), appears to be cashing out after moving four tokens, including Aave (AAVE) and Compound (COMP), to Binance. The VC is moving these tokens to the exchange, possibly to sell and lock in their profits or cut losses when market participants expect prices to tick higher.
Fenbushi Capital took losses on some of its holdings, divesting former DeFi stars like COMP, AAVE and UNI. Fenbushi also sold its EIGEN allocation.
IOTA could ride the real-world assets surge and decentralized finance traction to gain. Meanwhile, as cryptocurrency prices rise amid Bitcoin's surge to $66k, altcoins such as Kava (KAVA) and Enjin (ENJ) could follow suit. Bitcoin spot ETFs record $366m in net inflows US spot Bitcoin ETFs saw $365.
The decentralized finance (DeFi) space continues to capture the attention of crypto investors, and Compound is currently one of its standout performers. Over the past week, Compound's native token, COMP, experienced an impressive 17.5% price surge, reaching $49.19 at press time.
A crypto whale with a $26.47 million position in Wrapped Bitcoin (WBTC) is cutting it close after barely escaping liquidation last Friday.
Binance announces the suspension of ENJ token deposits and withdrawals for a network upgrade on September 9, 2024. Trading activities will remain unaffected.
Cryptocurrencies faced significant bearish pressure on Friday, with Bitcoin briefly dropping below the $58,000 mark, hitting $57,994. Although bulls quickly reclaimed the $58,300 level, the altcoin market bore the brunt of the decline, with Enjin, Dent, and EOS leading the downturn.
As 2024, the year marked by exciting movements in the cryptocurrency sector, slowly moves towards its final quarter, crypto traders and investors are increasingly looking at its potential assets that could deliver a relatively substantial profit.
Story Highlights The live price of the COMP crypto is . Compound price could reach a maximum of $100 by 2024. This altcoin could surpass $400 mark with a high of $412.66 by 2030. With the bullish 2024 turning gaining momentum, the buyers are preparing for the positive events ahead.
Humpy, a known whale that has caused governance pressure for Balancer and SushiSwap, managed to turn Compound into a yield-bearing staking asset after a controversial voting proposal.
Compound Protocol is considering a major shift in its revenue distribution following a recent governance fiasco.
Enjin Coin (ENJ) has been navigating a turbulent period as bearish market conditions impact its price trajectory. As of the latest data, ENJ trades at $0.1812, reflecting a decline of 3.4% over the past 24 hours and a steep 39.9% over the past year.
With the market liquidations on the rise, Compound enters the list of top-performing altcoins with two bullish daily candles. As the bull run in the COMP price gains momentum, the daily chart reveals a breakout run impending to explode.
Compound Finance's governance attack gets unexpected happy ending.
Compound Finance has brokered a truce with the pseudonymous crypto whale Humpy and his group, The Golden Boys, following a heated governance dispute over Proposal 289.
TL;DR Proposal Cancellation: Compound Finance defused a contentious “governance attack” by reaching a settlement with crypto whale Humpy and his Golden Boys group. Yield-Bearing Staking Program: Instead of goldCOMP, a new staking product will distribute 30% of existing and new market reserves annually to staked COMP holders.
A controversial proposal to allocate $24 million of Compound Finance's treasury has sparked allegations of a governance attack by a small group of token holders, raising concerns over the protocol's decision-making integrity.
Mog Coin (MOG), Compound (COMP), and Blackjack ($JACK) have all made headlines with their respective advancements, price movements, and unique characteristics. As these cryptocurrencies continue to shape the market, investors are closely watching their trajectories to gauge future potential and opportunities. This article delves into the latest updates on these three intriguing assets.
The settlement and new staking plan could enhance Compound's governance security and tokenomics, potentially attracting long-term investors. The post Compound settles ‘governance attack' as COMP surges 7% with new staking plan appeared first on Crypto Briefing.
A new staking product will be offered instead of what Humpy and the 'Golden Boys' initially proposed.
The Compound Finance (COMP) treasury has been drained of $25 million in a recent governance attack, raising alarms about the state of decentralized governance in the decentralized finance (DeFi) ecosystem. Compound DAO Hijacked According to researcher DeFi Ignas, the attack began with an initial proposal to grant 92,000 COMP tokens, submitted without prior discussion on the Compound DAO forum.
TL;DR Golden Boys and Governance Controversy: Compound Finance, a decentralized lending and borrowing protocol, is embroiled in a governance scandal. The “Golden Boys” group is at the center of the controversy, with allegations of a governance attack.
Compound (COMP) price slipped about 6%, trading as low as $47.27 on Monday. The decline came as the community reacted to the latest news about the governance of the decentralized autonomous organization (DAO) behind the lending protocol.
A whale holding COMP tokens is helping push through a governance proposal that would allocate $24 million in COMP to a yield-bearing protocol called goldCOMP.
What this project intends to achieve is beyond what we have ever seen. It connects you to lovely places, making the natural world accessible in VR.
In the competitive world of blockchain gaming tokens, 5thScape (5SCAPE) emerges as the top choice, outperforming Mantle Inu (MINU), Enjin (ENJ), and SuperVerse (SUPER). 5thScape's crypto gaming coin, which integrates augmented reality with blockchain technology, offers enhanced gaming experiences. This edge is driving its popularity and adoption among gamers and investors alike.
Major crypto exchange Coinbase has announced the disabling of trading for Metal DAO (MTL) and Enjin Coin (ENJ) on its platform. This action implies that users may no longer be able to trade MTL and ENJ on the Coinbase platform.
Leading crypto exchange Coinbase has announced what the market considers the worst news for Enjin Coin (ENJ) enthusiasts. The trading platform confirmed that it will suspend Enjin Coin on 14 June. The update stirred the markets, with many questioning the motive behind Coinbase's move.
This announcement marks a pivotal development for New York residents. They have often faced strict regulations and limited access to various cryptocurrencies.
Robinhood has expanded its cryptocurrency offerings to New York residents, now including popular tokens like Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP), enhancing trading options on its platform. Robinhood Expands Crypto Offerings, Including SHIB and AVAX, Boosting Access for New York Traders Robinhoods listing binge continues, with the latest cryptocurrencies on the site expanding to additional locations, including dog-themed Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP), as per Coingape.
Robinhood has added support for three new tokens for traders in New York. An update the stocks and crypto trading app shared on Wednesday listed Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP) as the three new tokens its users in New York can now trade.
Beginning today, New Yorkers can trade SHIB, COMP and AVAX on the Robinhood app.