Compound

DeFi

This Startup Is Forking Compound to Make Hiring More Efficient

Braintrust launched out of stealth mode Wednesday, backed by a $6 million seed round featuring True Ventures, Homebrew Ventures, Uprising Ventures, Galaxy Digital, IDEO CoLab, Kindred Ventures and Vy Capital.

Business  ·  24 June 2020
Bitcoin

Market Wrap: Bitcoin Trading Flat, Holding at $9.6K

Trading volume in the crypto market weakened Tuesday but bitcoin is still holding strong from a recent rally.

Markets  ·  23 June 2020
DeFi

Following COMP’s Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens

Balancer Labs, the maker of an automated portfolio management tool, has confirmed to CoinDesk it has begun distribution of its BAL token.

Tech  ·  23 June 2020
Bitcoin

Market Wrap: Bitcoin Hits $9.6K as Bullish Crypto Sentiment Returns

Bitcoin is back in bullish territory but can the buying last?

Markets  ·  22 June 2020
MakerDAO

Compound Tops MakerDAO, Now Has the Most Value Staked in DeFi

Compound has overthrown MakerDAO as the decentralized finance protocol with the most value staked, locking $484 million to Maker's $481 million on Saturday.

News  ·  20 June 2020
Bitcoin

Market Wrap: Bitcoin Spot Volumes Are Weak While Options and DeFi Strengthen

Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize.

Markets  ·  19 June 2020
DeFi

DeFi Startups Built on Compound Weigh What to Do With $200 COMP Tokens

Startups built on Compound's decentralized lending protocol are now pondering the second-order effects of COMP's price surge.

Tech  ·  19 June 2020
DeFi

Tether’s Supply on Compound Jumps to Over $224M in a Week

Tether's volume on decentralized lender Compound has quadrupled to over $224 million in just a few days, and is by far the dominant stablecoin on the platform.

News  ·  19 June 2020
DeFi

First Mover: Compound’s COMP Token More Than Doubles in Price Amid DeFi Mania

Compound's new COMP token is only five days old but its price is soaring. Observers tie the rally to speculation over the future growth of decentralized finance.

Markets  ·  19 June 2020
FTX

FTX Releases COMP Derivatives to Keep Up With DeFi Frenzy

Crypto exchange FTX is launching COMP derivatives later Thursday as deposits on the Compound DeFi platform soar past $300 million.

Business  ·  18 June 2020
DeFi

A Coinbase Pro Listing and Other Eye-Opening Data Points on Compound’s Surge in Demand

It's hard to pick just one stunning fact about the market suddenly created by the issuance of Compound's COMP token.

Tech  ·  18 June 2020
DeFi

First Mover: Compound Has Been a DeFi Darling. Its New Token Is Priced Accordingly

The frenzy around decentralized lender Compound's new governance token reveals growing excitement for the DeFi space overall.

Markets  ·  17 June 2020
DeFi

COMP’s Sudden Growth Has Swamped a DEX Dealing Only in Stablecoins

One of the newer entrants to the DeFi space, Curve, is riding the wave of demand for the freshly issued Compound governance token, COMP.

Tech  ·  16 June 2020
Governance

Compound’s Approach to DeFi Governance Starts With Giving Away COMP Tokens

Users of the Compound lending platform will begin earning COMP governance tokens in mid-June.

Tech  ·  28 May 2020
MakerDAO

Dai Lending Rates Rise to One-Month High on DeFi Platform Compound

Interest rates on dai deposits have spiked on DeFi platform Compound, another ripple effect of the global financial crisis.

Markets  ·  20 April 2020