DeFi platform Stream Finance halts operations after $93M loss

DeFi platform Stream Finance halts operations after $93M loss

By Crypto Economy
TL;DR: Stream Finance halted all operations after a $93M loss. XUSD stablecoin crashed nearly 70%, sparking panic withdrawals. The event renewed calls for stronger DeFi transparency and audits. Stream Finance, a once-prominent decentralized finance platform, has suspended all operations after disclosing a staggering $93 million loss, sending shockwaves through the DeFi ecosystem.

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