Stream Finance halts withdrawals and deposits following $93M loss
Crypto Briefing
Stream Finance suspended all transactions after an external fund manager reported a $93 million loss in assets.Summary
Decentralized finance (DeFi) platform Stream Finance has temporarily suspended all deposits and withdrawals after an external fund manager disclosed a loss of approximately $93 million in the platform's assets. In response to the significant loss, Stream is withdrawing all liquid assets and has engaged Keith Miller and Joseph Cutler of the law firm Perkins Coie LLP to conduct a comprehensive investigation into the incident. Stream Finance has committed to maintaining transparency and plans to provide periodic updates as the investigation proceeds.
(Source：Crypto Briefing)