mt logoMyToken
ETH Gas15 Gwei ($1.11)
EN
Crypto
HypDerivatives
MyTokenAIMEMEETF
Exchanges
Copy Trading
Large TransfersNews
Login
Register
HomeNews & AnnouncementsContent

Stream Finance Halts Operations After $93 Million Fund Loss

CoinPedia2025-11-04 06:10:43
Favorite
Share
Scan with WeChat
Share with Friends or Moments
Stream Finance Halts Operations

The post Stream Finance Halts Operations After $93 Million Fund Loss appeared first on Coinpedia Fintech News

Stream Finance has reported a loss of approximately $93 million caused by an external fund manager, leading the platform to suspend all deposits and withdrawals. The company has hired attorneys from Perkins Coie LLP to conduct a detailed investigation. Additionally, its stablecoin XUSD depegged by 23%, trading at $0.938, raising concerns about algorithmic stablecoin stability. The platform is actively withdrawing liquid assets and promises to provide regular updates as the investigation proceeds.

Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
About MyToken:https://www.mytokencap.com/aboutusArticle Link:https://www.mytokencap.com/news/539326.html
Previous:逍遥kol：大饼以太午后行情分析11.4