Stream Finance Halts Withdrawals Amidst $93 Million Asset Loss

DeFi sector giant, Stream Finance, has been hit by a major financial crisis, leading to a temporary halt on withdrawals and the suspension of transaction services. The company recently disclosed that it experienced a staggering loss of approximately $93 million in managed assets. The decision was made following a detailed investigation conducted by an external fund manager responsible for asset management. Stream Finance is actively working to recover remaining accessible funds and conduct a thorough inquiry into the reasons behind this unprecedented financial downturn.