Compound Labs issued an urgent warning that its official website was part of a DNS/Squarespace hijack redirecting visitors to a phishing site; the protocol's smart-contract funds were unaffected.
Compound Finance's official X (Twitter) account was compromised and posted a phishing link (compound-labs.xyz) to steal crypto; security firms issued warnings.
Following a successful governance proposal, the multi-chain Compound III protocol deployed on Ethereum mainnet with a USDC base asset, introducing a single-borrowable-asset design.
Compound began distributing its COMP governance token to lenders and borrowers via liquidity mining, a move that ignited "DeFi Summer" and vaulted COMP to roughly a $1B market cap within a day of launch.
Compound closed a $25 million Series A round led by Andreessen Horowitz, with participation from Polychain Capital, Bain Capital Ventures, and Paradigm — among the largest DeFi raises at the time.
Compound upgraded to v2, adding support for more assets with individual risk models and smart-contract gateways per asset; the original v1 was later deprecated.
Compound announced an $8.2 million seed round led by Bain Capital Ventures and Andreessen Horowitz (with Coinbase Ventures, Polychain Capital, etc.) to build money markets for cryptographic assets.
Compound launched its algorithmic money-market protocol on Ethereum mainnet, enabling decentralized lending and borrowing of crypto assets without intermediaries.
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