Stream Finance Halts Transactions Due to $93 Million Loss

Cryptocurrency platform Stream Finance has suspended all withdrawals and deposits following the discovery of a significant loss of approximately $93 million in its assets. The protocol announced the suspension shortly after an external fund manager reported the substantial losses, and is currently working on a plan for liquidating remaining funds to mitigate potential user losses. Stream Finance emphasized the swiftness of this process, while assuring that regular updates will be provided as the review process unfolds.