Stream Finance has paused all deposits and withdrawals due to a $93 million loss, triggering liquidity shocks across major DeFi protocols. This incident reflects insecurity within the DeFi sector, leading to regulatory discussions and urgent responses from affected platforms.
The crisis has drawn parallels to past financial failures, prompting considerable worry among market players. Stream Finance’s leadership has communicated a commitment to transparency by involving Perkins Coie LLP in investigations, indicating a push for improved governance and oversight.
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