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Compounding problems: $65m more COMP at risk as devs wait for time-locked bug fix

Published 10/03/2021, 11:04 PM
Updated 10/04/2021, 12:40 AM

Major DeFi money market Compound’s woes are worsening, with nearly $150 million worth of COMP now at risk due to a buggy upgrade to the protocol that went live last week.

On Sept. 30, Cointelegraph reported that a bug had resulted in between $70 million and $85 million worth of COMP tokens being mistakenly offered to users as rewards after an update intended to fix bugs and “split COMP rewards distribution” went awry.

Continue Reading on Coin Telegraph

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