Compound crisis averted? Securing exposed COMP could be just the
As the decentralized finance (DeFi) market continues to pique the interest of investors across the globe, a few incidents have shone a major spotlight on the vulnerabilities various platforms operating within this space are continually exposed to.
For example, it has recently been unveiled that due to a buggy system upgrade, prominent DeFi money market Compound had put approximately $150 million worth of the native COMP tokens at risk of a third-party hack.
The DeFi community has a say
Technical bugs aren’t new
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