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On September 25, 2023, Judge Jessica Clarke (S.D.N.Y.) granted third party Compound Lab, Inc.'s ("Compound Labs”) motion to intervene in a patent infringement action filed by True...
~ Today's Water Cooler ~
The hits keep coming for crypto, but it doesn't seem to be bothering investors. Last week, $90.1 million in cryptocurrency went out to users of the decentralized finance (DeFi) platform Compound, in...
You have successfully joined our subscriber list. Despite being criticized for not being fully decentralized, Compound has offered several advantages for users in the crypto and DeFi space. Therefore, it is often referred to as a “crypto-economic miracle”. Compound is a decentralized protocol with its own token COMP, a DeFi-related token with a total supply of 10 million. Like most tokens, COMP uses the Ethereum blockchain. The Compound protocol works as a decentralized application that takes the maximum out of the Ethereum network. Through this protocol, users can request loans or genera...