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Coinjurnal

DeFi platform Stream Finance pauses all activity after revealing $93M loss

Its stablecoin, Staked Stream USD (XUSD), has fallen to $0.2975, according to CoinGecko data. The depegging followed a $100 million exploit on Balancer, an automated market maker. Stream Finance also faced questions about TVL discrepancies with DefiLlama's figures. Stream Finance, a decentralised finance (DeFi) platform specialising in yield-generating strategies, has paused all deposits and withdrawals [...]The post DeFi platform Stream Finance pauses all activity after revealing $93M loss appeared first on CoinJournal.

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