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Updated 01:07 PM UTC

COMP Compound

$18.93

$0.5029

(2.58%)

Today

Mkt Cap$190.85M

Vol9.72M

About Compound

The Compound Governance Token is a governance token on the Compound Finance lending protocol, COMP allows the owner to delegate voting rights to the address of their choice; the owner’s wallet, another user, an application, or a DeFi expert. Anybody can participate in Compound governance by receiving delegation, without needing to own COMP. Anybody with 1% of COMP delegated to their address can propose a governance action; these are simple or complex sets of actions, such as adding support for a new asset, changing an asset’s collateral factor, changing a market’s interest rate model, or changing any other parameter or variable of the protocol that the current administrator can modify.

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Stock Futures Tumble Amid AI Concerns, 5% Treasury Yields, and Fed Rate Decision

Stock futures fell Tuesday on AI safety concerns from tech CEOs, 5% Treasury yields, and rising oil. The Fed's rate decision looms with a 94% hike probability. The post Stock Futures Tumble Amid AI Concerns, 5% Treasury Yields, and Fed Rate Decision appeared first on Blockonomi.

Blockonomi

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Treasury Yields Surge Past 5%: A 16-Year High Rattles Markets

Treasury yields hit 5.041%, the highest since 2007, as markets expect a 92% probability of Fed rate hike. Oil prices and sticky inflation drive bond market turmoil. The post Treasury Yields Surge Past 5%: A 16-Year High Rattles Markets appeared first on Blockonomi.

Blockonomi

Nokia (NOK) Stock Plunges 10% Amid Broader Technology Sector Weakness

Nokia (NOK) stock plunged 10% to €8.712 as a tech sector selloff hammered AI-linked stocks while concerns over India costs added to the decline. The post Nokia (NOK) Stock Plunges 10% Amid Broader Technology Sector Weakness appeared first on Blockonomi.

Blockonomi

RH (RH) Stock Surges 9% as Luxury Retailer Unveils Game-Changing Estates Collection

RH stock surged 9% in premarket after reporting Q2 EPS of $2.70, crushing estimates. The new Estates collection targets a massive market expansion opportunity. The post RH (RH) Stock Surges 9% as Luxury Retailer Unveils Game-Changing Estates Collection appeared first on Blockonom...

Blockonomi

Opendoor (OPEN) Stock Plunges 7% as Profitability Target Pushed Back Two Months

Opendoor (OPEN) stock dropped 7% after CEO delayed profitability timeline by 6-8 weeks due to August housing downturn and rising Treasury yields. The post Opendoor (OPEN) Stock Plunges 7% as Profitability Target Pushed Back Two Months appeared first on Blockonomi.

Blockonomi

Peloton (PTON) Stock Plunges 6% After Morgan Stanley Downgrade on Subscriber Woes

Peloton (PTON) stock dropped 6% premarket as Morgan Stanley downgraded to Underweight with $4.50 target, citing structural subscriber decline. The post Peloton (PTON) Stock Plunges 6% After Morgan Stanley Downgrade on Subscriber Woes appeared first on Blockonomi.

Blockonomi

FinCEN Ties $12.7 Billion to Crypto Scams Run From Asian Compounds

FinCEN said institutions reported activity tied to more than $12.7 billion in crypto investment scams run from compounds in Cambodia, Laos and Burma.

Blockchain Reporter

Markets Decline as Treasury Yields Surge to January 2025 Highs

US stocks declined as 10-year Treasury yields hit 4.75%, oil prices topped $92, and geopolitical concerns pressured markets. Tech sector led losses. The post Markets Decline as Treasury Yields Surge to January 2025 Highs appeared first on Blockonomi.

Blockonomi

Where stablecoin yield actually comes from

A stablecoin held in a wallet earns nothing. What people call 'stablecoin yield' is actually two different things — interest issuers keep for themselves, and returns holders can earn by putting the token to work elsewhere. The post Where stablecoin yield actually comes from appea...

TheCoinrise

Address Poisoning: Why Seven of Forty Characters Were Enough to Divert $2 Million

A fake wallet address matched the real one in just seven of forty characters and still intercepted 2 million USDC. Our own count of the affected wallet shows that a third of all counterparties in its history belong to such look-alikes.

CryptoTicker

Bullish/Bearish Forum Sentiment

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