BREAKING
560d 6h ago

Compound Faces $25M Governance Attack: Tweet

COMP

COMP/USDT

$17.31
+0.12%
24h Volume

$6,283,136.84

24h H/L

$17.73 / $17.14

Change: $0.5900 (3.44%)

Funding Rate

+0.0015%

Longs pay

Data provided by COINOTAG DATALive data
COMP
COMP
Daily

$17.42

-0.97%

Volume (24h): -

Resistance Levels
Resistance 3$21.3658
Resistance 2$19.5264
Resistance 1$17.6033
Price$17.42
Support 1$17.2664
Support 2$15.8917
Support 3$14.69
Pivot (PP):$17.3833
Trend:Downtrend
RSI (14):26.0

**Headline: Compound Faces $25M Governance Attack**

In an unexpected turn of events, the Compound protocol has recently come under attack, resulting in a staggering $25 million loss. The incident was first revealed through a tweet, sparking significant concern within the crypto community.

The governance attack targeted Compound’s native token, $COMP, exploiting vulnerabilities in the system’s decentralized structure. This assault has raised urgent questions about the security and resilience of decentralized finance (DeFi) platforms. As stakeholders scramble for solutions, this event underscores the critical need for robust security measures in the ever-evolving crypto landscape. The Compound team and the broader DeFi community are now on high alert, working tirelessly to prevent future breaches and safeguard user assets.

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