Cryoto Currency

Compound stops 4 tokens to prevent price manipulation after Mango Markets’ exploit. By Cointelegraph

Compound pauses 4 tokens after Mango Markets exploit to protect against price manipulation

Compound has a decentralized lending protocol paused the supply of four tokens as lending collateral on its platform, aiming to protect users against potential attacks involving price manipulation, similar to the recent $117 million exploit of Mango Markets, according to a proposal on Compound’s governance forum that was recently passed.

With the pause, users will not be able to deposit’s YFI (YFI), 0x’s ZRX, Basic Attention Token (BAT (LON:)) and Maker’s MKR (MKR) as collateral to take loans.