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🚀Compound Finance is now the Most valuable DeFi Baby of all! 👶

Also, if you are using Argent wallet, now is the time to check for vulnerabilities. Read on for more.

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Hello Readers! It's official, Compound is now number 1 in Total Value Locked (TVL) in all of the DeFi space. Leading ahead the former champion MakerDao (MKR) a good $100 Million at the time of writing according to DefiPulse. In other news, the recently unearthed spat within Bitcoin mining firm Bitmain's upper management is a saga worthy of a Hollywood Film. What to expect? Here's a sneak peak: Forging shareholder meeting resolution, overtaking an offshore company, hired robbery, forced resignation and (forced) rehiring, among others.. You may want get comfortable before reading what's happened so far. Today's newsletter features a Crypto company's bankruptcy, a bug in a DeFi wallet, and Ethreum network becoming 25% "faster". Hope you find this edition of The CoinGecko Newsletter useful to you! 24h Hot searches worldwide 👀

Bitcoin (+0.86%) Digibyte (+25.3%) Ethereum (+2.40%) Vechain (+10.2%) Aave (+12.2%) Tellor (+11.3%) Compound  (-26.8%)

Factom Inc. Files for Bankruptcy Lead proponent and builder of the Factom (FCT) Protocol, Factom Inc.has declared voluntary bankruptcy, saying it is currently not in a position to pay as much as $7.5 million in debts.  Back in early March, the firm told investors it will face liquidation unless it received further funding by the end of the month, however, no funding came. In the 2016 tax year, the company reported a $2.6 million loss, and another $4.3 million loss the following year.  The company has raised a total of $18 million from investors in a series of funding rounds. CoinDesk 'High severity' vulnerability in Argent wallet would have stolen users funds Researchers at OpenZeppelin has found a bug that could have allowed attackers to take over the wallets of Argent users. The bug would specifically attack those that have not activated "guardian" features. OpenZeppelin has identified 329 wallets holding nearly 162 ETH that were at immediate risk. Argent team has now fixed the bug and contacted affected users with steps to keep their wallets safe. (Editor: If you use an Argent wallet, KEEP YOUR COINS SAFE NOW!) TheBlockCrypto Ethereum miners voted to increase network capacity by 25% Ethereum miners have voted to increase the gas limit per block to 12.5 million, a 25% increment. Gas is an Ethereum token users pay in Gwei (small amount of ETH) to "reserve" a space on the blockchain when making transactions. There is a limited Gas allocation in each Ethereum block. Increasing the gas limit means allowing more transaction to fit in a block. Not everyone is in favor of the increase however, as increasing blocksize bloats the blockchain - making full nodes increasingly difficult to run. (Editor: Fiddling with variables is never healthy for the blockchain, miners just gave the ecosystem all the more reason to switch over to ETH 2.0) Decrypt

Margin Call Margin call takes place when investor's margin account falls below the required amount to stay afloat. It is the process where the broker (or in crypto, the platform or exchange) ask the investor to deposit additional money or securities to bring up the investor's account the minimum value or better known as maintenance margin. Learn more terms with the CoinGecko Glossary Read more on CoinGecko

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