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Stream Finance Freezes Withdrawals After $93M Loss Amid Fraud Concerns
Yahoo Finance· 2025-11-04 15:25
DeFi platform Stream Finance suspended all withdrawals and deposits on Nov. 3 after an external fund manager disclosed a loss of approximately $93 million in company assets. The platform retained attorneys Keith Miller and Joseph Cutler of law firm Perkins Coie LLP to investigate the incident. Stream Finance announced in a Nov. 3 statement that it is withdrawing all liquid assets and expects to complete the process in the near term. The company provided no timeline for resuming withdrawals or identifying ...
X @Wu Blockchain
Wu Blockchain· 2025-10-12 11:53
Crypto Liquidation Catastrophe: Post-Crash Analysis - Who Profited Amid the Chaos?On October 11, a major crypto liquidation event caused massive losses, triggered by geopolitical risks and a stablecoin depeg. While many traders suffered, trading platforms and DEXs earned record fees. Key issues included high leverage, low liquidity, and flawed liquidation processes, highlighting the need for stronger risk management. Read More https://t.co/rDM9m5k8ao ...