Compound is a decentralized lending platform that enables users to borrow or lend from a pool of assets without permission. Interest rates are determined algorithmically based on the proportion of assets lent out. In the summer of 2020, the liquidity mining activity launched by Compound triggered the explosion of the DeFi market.
AAVE has announced the technical implementation plan for the rsETH recovery, proposing a three-phase repair process involving supplementing ETH collateral, cleaning up affected positions, and restoring market parameters, aiming to restore full collateral support for rsETH and resume normal market operations.The plan indicates that DeFi United has coordinated to secure the necessary ETH commitment for the recovery. It will restore rsETH support by batch-converting and injecting into the bridge lockup contract. Simultaneously, it proposes clearing affected positions on Aave and Compound through a governance proposal, recovering approximately 107,000 rsETH in related excess collateral, and gradually lifting the frozen status of the relevant assets.
according to official sources, a new proposal has been launched on Compound. It aims to participate in the rsETH recovery initiative coordinated by DeFi United, with a maximum contribution of 3,000 ETH.The proposal states that although Compound's direct exposure is expected to be limited, this move is intended to support the stability of the DeFi market and enhance ecosystem resilience and long-term sustainability.
AAVE has announced the technical implementation plan for the rsETH recovery, proposing a three-phase repair process involving supplementing ETH collateral, cleaning up affected positions, and restoring market parameters, aiming to restore full collateral support for rsETH and resume normal market operations.The plan indicates that DeFi United has coordinated to secure the necessary ETH commitment for the recovery. It will restore rsETH support by batch-converting and injecting into the bridge lockup contract. Simultaneously, it proposes clearing affected positions on Aave and Compound through a governance proposal, recovering approximately 107,000 rsETH in related excess collateral, and gradually lifting the frozen status of the relevant assets.
according to official sources, a new proposal has been launched on Compound. It aims to participate in the rsETH recovery initiative coordinated by DeFi United, with a maximum contribution of 3,000 ETH.The proposal states that although Compound's direct exposure is expected to be limited, this move is intended to support the stability of the DeFi market and enhance ecosystem resilience and long-term sustainability.
According to China News Weekly, a 19-year-old female college student from Guangdong Province was recently invited to attend the Songkran water festival in Thailand. Upon arrival, she was reportedly detained and allegedly trafficked to a telecom fraud compound near the Thailand-Myanmar border in the Three Pagodas Pass area. Her family stated that the perpetrators claimed to have purchased her for 29,000 US dollars and subsequently demanded a ransom of $30,000—approximately RMB 200,000. After the family paid the ransom, the perpetrators delayed her release, citing reasons such as “the compound allows entry but no exit,” and demanded that media coverage of the case be retracted. The Baiyun Branch of the Guangzhou Municipal Public Security Bureau launched an investigation into the case on April 15, and Guangdong provincial education authorities have also become involved.
According to on-chain analyst Ai Aunt (@ai_9684xtpa), Trend Research transferred 5.41 million $UNI and 228,000 $COMP to a new address, 0xfa9…FEB58, today—valued at approximately $23.32 million. The ownership of this address remains unconfirmed.
Crypto journalist Eleanor Terrett reported that the financial disclosures of Federal Reserve Chair nominee Walsh reveal early-stage investments held via employment-related investment vehicles. These investments span a broad range of areas, including several crypto infrastructure projects—namely Compound (a decentralized lending protocol), Optimism and Blast (Ethereum Layer 2 networks), and Solana—as well as trading infrastructure, crypto investment firms, and platforms in artificial intelligence and biotechnology. The positions appear relatively small in size, illiquid, and have generated no reportable income, suggesting they represent indirect, venture-capital-style exposure rather than direct, tradable liquid assets.