Stream Finance, facing a massive loss of $93 million in assets due to mismanagement, has launched a detailed investigation by Perkins Coie LLP. The firm has suspended operations, […]
Elixir Halts deUSD Support Amidst DeFi Meltdown
Following a devastating $93 million loss by Stream Finance, Elixir has suspended support for its synthetic stablecoin, deUSD. This move comes as the DeFi space grapples with significant […]
DeFi User Loses Millions in Stream Finance Mishap
A user has incurred significant financial losses after depositing funds into the DeFi protocol usdxmoney. Following a conversion from $621,000 USDT to USDX two weeks ago, their initial […]
DeFi Loss Reaches $458,000 After Stream Finance Disclosed Large Loss
A user has suffered substantial financial losses after transferring $621,000 USDT to the DeFi platform usdxmoney two weeks ago. Their funds have now shrunk to just $163,000, representing […]
Stream Finance Suspension Triggers DeFi Liquidity Crisis, Raises Concerns about Stability
The suspension of withdrawals by Stream Finance, due to a loss caused by an external fund manager’s mismanagement, has sent shockwaves through the decentralized finance (DeFi) sector. This […]
Stream Finance Faces $93 Million Loss, Suspends Services
The cryptocurrency platform Stream Finance has announced a temporary halt to all deposits and withdrawals after suffering a devastating loss of approximately $93 million in assets. The platform […]
Stream Finance Halts Operations Amidst $93 Million Asset Loss
The DeFi platform, Stream Finance, has temporarily halted both deposits and withdrawals following a significant loss of assets. This decision comes as a result of the platform experiencing […]
Stream Finance Suspends Operations After $93 Million Loss, Stablecoin xUSD Depegs
Decentralized finance (DeFi) protocol Stream Finance has halted withdrawals and deposits following a significant loss of approximately $93 million reported by an external fund manager. The company cited […]
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 […]