Stream Finance Halts Services Following $93 Million Asset Loss

DeFi protocol Stream Finance has temporarily suspended deposits and withdrawals after the discovery of a significant loss impacting its assets. An external fund manager responsible for overseeing Stream’s funds disclosed a $93 million deficit, leading to the service halt. The platform confirmed this news in an official statement on X, stating that they received notice from the external fund manager regarding the loss before informing users about the suspension. 2025: The firm has engaged law professionals Keith Miller and Joseph Cutler of Perkins Coie LLP to conduct a thorough investigation into the cause of the deficit.