Stream Finance Faces $93 Million Loss, Launches Legal Investigation

Stream Finance Faces $93 Million Loss, Launches Legal Investigation

DeFi platform Stream Finance is engaging law firm Perkins Coie LLP to lead investigation after an external fund manager disclosed a huge loss.

Stream Finance Rocked by $93M Blow—Project’s Stablecoin XUSD Peg Craters to $0.24

On Monday, the decentralized finance (DeFi) protocol Stream Finance announced that an external fund manager misplaced a jaw-dropping $93 million in Stream assets — sparking an immediate investigation and halting all withdrawals and deposits. In the chaos that followed, the DeFi project’s stablecoin XUSD lost its footing, tumbling to a painful low of $0.2473 per […]

Stream Finance Stablecoin Plunges 77% After Protocol's Fund Manager Loses $93 Million

Stream's collapse shows operational risk extends beyond smart contracts to fund managers and custody, an expert told Decrypt.

DeFi suffers setback as Stream Finance loses $93 million in major hack

Stream Finance, another decentralized finance has suffered and has exploited that claimed about $93 million from its treasury. The DeFi platform confirmed the breach on Tuesday through a post on its official page on X.  According to the firm, the attack occurred on Sunday and it has hired a private investigator from prestigious Perkins Coie law firm to look into the issue. Also, Stream Finance in response to the attack has suspended withdrawals …

Stream Finance Halts Transactions Following Massive Asset Lo

Stream Finance pauses all transactions after $93 million asset loss is reported. External fund manager identifies exploit impacting Stream's stablecoin XUSD's pegging. Continue Reading:Stream Finance Halts Transactions Following Massive Asset Loss The post Stream Finance Halts Transactions Following...

Stream Finance Discloses $93 Million Loss After Probe, Halts Operations

DeFi platform Stream Finance has paused operations following a $93 million (roughly Rs. 825 crore) loss caused by an external fund manager. The company has hired Perkins Coie LLP to investigate the incident and plans to recover liquid assets. The halt highlights growing risks and transparency concerns across decentralised finance ecosystems.