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Cryptocurrency News

Compound cETH market bricked by update — 7-day wait on vote to fix it

08/31/2022

Less than a minute

2022.08.31 08:18

Decentralized lending platform Compound has been plagued by a code bug in a recent governance proposal to update its price feeds.

The code error has “temporarily frozen” the Compound ETH (cETH) market, causing cETH transactions to revert, but Compound Labs stated that despite the front end not working, “funds are not immediately at risk.”

Source

08/31/2022

Less than a minute