CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Compound Pauses YFI, ZRX, BAT and MKR Supply to Protect Against Potential Exploits

Attackers have recently been exploiting DeFi protocols by manipulating thinly traded tokens and eventually draining liquidity.

By Shaurya Malwa

Oct 25, 2022 at 3:47 p.m. UTC

Oct 25, 2022

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DeFi Lender Compound Takes Bite of Institutional Crypto Loans Pie

Compound will take bitcoin as collateral against stablecoin loans made by institutions.

By Danny Nelson

Sep 14, 2022 at 1:00 p.m. UTC

Sep 14, 2022

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((Possessed Photography/Unsplash, modified by CoinDesk)

Why DeFi Protocols Are Limiting ETH Borrowing Ahead of Ethereum’s Merge

Aave and Compound voted for precautionary measures to prevent airdrop hoarders from sucking up their liquidity.

By Daniel Kuhn

Sep 8, 2022 at 5:15 p.m. UTC

Sep 8, 2022

OpinionThe NodeNewslettersAaveCompoundDeFiLendingETHThe Merge

Market for Compound Ether Token ‘Frozen’ After Code Bug Kills Price Feed

Compound pointed to faulty code in a recent addition to the protocol as the problem and said a solution is days away.

By Sam Reynolds

Aug 30, 2022 at 11:48 p.m. UTC

Aug 30, 2022

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(PixxelTeufel/Pixabay/modified by CoinDesk)

Compound's Upgraded DeFi Lending Platform Targets Security, Scalability

Compound version 3 limits the protocol’s supported tokens and introduces governance changes.

By Elizabeth Napolitano

Aug 26, 2022 at 1:00 a.m. UTC

Aug 26, 2022

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Alex Mashinsky, Celcius, on Centre Stage during day three of Web Summit 2021 at the Altice Arena in Lisbon, Portugal.

Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound

The troubled crypto lender previously paid off loans from Aave and Maker.

By Krisztian Sandor

Jul 13, 2022 at 4:21 p.m. UTC

Jul 13, 2022

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A16z partner Chris Dixon (Steve Jennings/Getty Images for TechCrunch)

A16z, Variant Lead $18M Round for Lending Protocol Morpho Labs

The protocol enhances existing lending protocols such as Compound and Aave with peer-to-peer liquidity.

By Brandy Betz

Jul 12, 2022 at 6:45 p.m. UTC

Jul 12, 2022

FundingFunding RoundsA16zDeFiCompoundAave

Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)

Celsius Reclaims $172M Collateral From Aave, Compound

The liquidity-strapped crypto lender has paid down $95 million in debt from the two DeFi platforms since Friday.

By Krisztian Sandor

Jul 11, 2022 at 5:57 p.m. UTC

Jul 11, 2022

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Celsius CEO Alex Mashinsky (CoinDesk archives)

Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize

The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsius used a debt-paydown to reclaim collateral on Maker.

By Krisztian Sandor

Jul 8, 2022 at 8:10 p.m. UTC

Jul 8, 2022