The decentralized finance (DeFi) project Compound (COMP) has experienced a cyber attack. Michael Lewellen, Compound DAO's security advisor, confirmed that their official website is currently being used for a phishing scam.

*He warned users not to visit the site, emphasizing that the protocol and all funds are safe.*

• The warning stated that the security of the "compound.finance" has been compromised and it is now hosting a phishing site.

• Users are advised to avoid interacting with the website until further notice.

• Despite the cyber attack, there has been no significant drop in the price of #Comp .

• Following the news, COMP's price fell by 1.4%, from $47.96 to $47.16.

◇! According to CoinGecko, COMP is currently trading at $47.36.

◇! this article is only for information purpose. It is not an advice for investment ◇!

$COMP

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