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Stream Finance Suspends Transactions Following $93 Million Loss

Stream Finance Suspends Transactions Following $93 Million Loss

Author:

Global Cryptocurrency

Published:

2025-11-04 07:09:15

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BTCCSquare news:

Stream Finance, a notable DeFi protocol, has halted all withdrawals and deposits after disclosing a $93 million loss in managed assets. The suspension was triggered by an external fund manager's report, prompting immediate action to secure remaining liquid funds.

The protocol's social media announcement emphasized expedited asset recovery and user loss assessment. Legal and technical reviews are underway, led by Perkins Coie LLP specialists Keith Miller and Joseph Cutler, as the altcoin's native token xUSD faces market panic.

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