Popular DeFi Altcoin Announces and Warns That They Have Been Hacked!

While security experts warned that Compound Finance's (COMP) website was inaccessible and that Compound Finance's site may have been hacked, blockchain security platform PeckShieldAlert confirmed this.

Quoting Compound DAO security consultant Michael Lewellen's post, PeckshieldAlert warned users.

“The Compound site has been compromised. Do not interact with the website until further notice.”

Compound DAO security consultant Michael Lewellen said in his post that the Compound Finance official website was hacked and is now hosting a phishing website.

” The compound.finance site has been compromised and is currently hosting a phishing site. DO NOT interact with the compound.finance website until further notice.

The compound protocol itself is unaffected and all smart contract funds are safe.”

*This is not investment advice.