Cryptocurrencies
DeFi Platform Mistakenly Sends $89 Million; CEO Begs Return
- Compound allows users to lend out crypto and earn interest
- App runs ‘smart contracts’ that are governed by computer code
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A bug in a recent update of decentralized finance platform Compound sent users nearly $90-million-worth of cryptocurrency in error, leaving its creator’s CEO begging users to voluntarily send it back.