COMP Tanks 8% After Facing Second Exploit In Less Than a Week, Drains $21 Million

Compound COMP Surge MKFKbH

COMP, the native token of DeFi lending protocol Compound is down by another 8% today having faced its second exploit in less than a week’s time. This is a bit unfortunate for blue-chip DeFi platforms like Compound as it shakes the trust of investors. On the weekly chart, the COMP price is down by more than 15%.
Last week, an upgrade to the DeFi protocol Compound went haywire thereby mistakenly releasing $90.1 million to its users. Soon after Compound Labs founder Robert Leshner tweeted:
If you received a large, incorrect amount of COMP from the Compound protocol error: Please return it to the Compound Timelock (0x6d903f6003cca6255D85CcA4D3B5E5146dC33925). Keep 10% as a white-hat. Otherwise, it’s being reported as income to the IRS, and most of you are doxxed.
Second Exploit of Compound
On Sunday, October 3, Leshner also confirmed another bug in Compound’s Controller Contract contract, a part of the protocol distributing yield farming rewards to users. The bug was first spotted by

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Źródło: https://coingape.com/comp-tanks-8-after-facing-second-exploit-in-less-than-a-week-drains-21-million/

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